Infertility Treatment Devices and Equipment Market is expected to reach US$ 1,973.68 Mn by 2027

Infertility Treatment Devices and Equipment Market forOvum Aspiration Pumps Segment to Grow at Highest CAGR during 2020–2027

According to our new market research study on “Infertility Treatment Devices and EquipmentMarket to 2027 – Global Analysis and Forecast – by Product Type, Procedure, andEnd User,” the market is expected to reach US$ 1,973.68 million by 2027 from US$ 1,050.00 million in 2019;it is estimated to grow at a CAGR of 8.4% from 2020 to 2027. The report highlights trends prevailing in the market, and drivers and hindrances pertaining to the market growth. The key factors driving the growth of the market include increase in the incidence of infertility in both sexes and rising number of fertility clinics and infertility services with government support. However, the high procedural cost of reproductive techniques hinders the market growth.

Based on product type, the infertility treatment devices and equipment market is segmented into ovum aspiration pumps, sperm separation devices, sperm analyzers systems, micromanipulator systems, incubators, and others. The ovum aspiration pumps segment held the largest share of the market in 2019 and is anticipated to register the highest CAGR in the market during the forecast period. The growth of the segment is attributed to the developments done by the companies for the ovum aspiration pumps.For instance, in April 2018, KITAZATO CORPORATION, a Japan-based medical technology company signed a strategic partnership with Brazil-based distributor SPECTRUN. The new distributor will supply various ART (Artificial Reproduction Technology) products in Brazil. The range of product includes oocyte pickup needles and associated devices. Such development is expected to increase the access of product, which will eventually drive the segment growth by 2027.

Microptic, Coopersurgical, Inc; Cook Medical LLC;Dxnow; Eppendorf AG; AB Scientific Ltd; Hamilton Thorne, Inc; Rocket Medical Plc; Invo Bioscience;and Vitrolifeare among the leading companies operating in the infertility treatment devices and equipmentmarket.The companies have adopted inorganic and organic growth strategies to expand their global footprints and product portfolios to meet the rising demand for the infertility treatment devices and equipmentand services. For instance, in September 2020, INVO Bioscience, Inc., developers of INVOcell has established a joint venture to operate dedicated invocell fertility clinics in Mexico. The new jointly-owned operation, named Positib Fertility, S.A. de C.V. (Positib Fertility) is likely to focus on establishing fertility centers dedicated to offering INVOcell, with the initial center to be located in the city of Monterrey, Mexico.

Infertility Treatment Devices and Equipment Market, by Region, 2019 (%)

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Infertility Treatment Devices and Equipment Market Analysis and Growth 2027

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Infertility Treatment Devices and Equipment Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Product Type (Ovum Aspiration Pumps, Sperm Separation Devices, Sperm Analyzer Systems, Micromanipulator Systems, Incubators, Others); Procedure (Assisted Reproductive Technology, Artificial Insemination, Fertility Surgery); End User (Fertility Clinics, Hospitals and Other Healthcare Facilities, and Clinical Research Institutes), and Geography

The report segments global infertility treatment devices and equipment market as follows:

ByProduct Type

• Ovum Aspiration Pumps
• Sperm Separation Devices
• Sperm Analyzer Systems
• Micromanipulator Systems
• Incubators
• Others

By Procedure                                             

• Assisted Reproductive Technology
  • in Vitro Fertilization
  • Intracytoplasmic Sperm Injection
  • Others (GIFT, ZIFT, Surrogacy)
• Artificial Insemination
  • Intrauterine Insemination
  • Intratubal Insemination
  • Intracervical Insemination
• Fertility Surgery
  • Tubal Ligation Reversal
  • Varicocelectomy
  • Laparoscopy
  • Others (Laparotomy, Myomectomy, Microsurgical Reconstruction, Hysteroscopy)

By End User

• Fertility Clinics
• Hospitals and Other Healthcare Facilities
• Clinical Research Institutes

By Geography

• North America
  • US
  • Canada
  • Mexico
• Europe
  • France
  • Germany
  • UK
  • Spain
  • Italy
• Asia Pacific (APAC)
  • China
  • India
  • Japan
  • Australia
  • South Korea
• Middle East and Africa (MEA)
  • Saudi Arabia
  • UAE
  • South Africa
• South and Central America (SCAM)
  • Brazil
  • Argentina