The infertility treatment devices and equipment market was valued at US$ 1,050.00 million in 2019 and is projected to reach US$ 1,973.68 million by 2027; it is expected to grow at a CAGR of 8.4% from 2020 to 2027.
Asthere are various factors contributing to low fertility rate among the population, the number of patients seeking infertility treatment is rising. There are many different infertility treatment options available for patients. Many factors are contributing to low fertility rate, thus in coming years, the number of patients seeking infertility treatment will rise. Various Many companies have developed novel device and procedures for simple, effective, and cost effective fertility treatment.
The scope of the infertility treatment devices and equipment market includes product type, procedure, end user, and region. The regional analysis of the marketis based on North America, Europe, Asia Pacific, the Middle East and Africa, and South and Central America. The report offers insights and in-depth analysis of the infertility treatment devices and equipment market, emphasizing on various parameters such as market trends, technological advancements, market dynamics, and competitive landscape analysis of leading global market players.
Lucrative Regions for Infertility Treatment Devices and Equipment Market
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Market Insights
Increasing Incidence of Infertility in Both Sexes
According to the clinical definition of the World Health Organization, infertility is the incapacity of an individual to achieve a healthy clinical pregnancy. However, infertility can affect both sexes, men and women, but most research on this topic focuses only on women. Fertility rates measure the average percentage of children per woman. The fertility rate is steadily declining across the world, owing to various factors such as the growing trend of late marriages and increasing age-related infertility. Global fertility rates are projected to fall to 2.4 children per woman by 2030 and 2.2 children per woman by 2050. About 12% of women in the age group 15 to 44 years in the US faced difficulty in getting pregnant or achieving pregnancy to term, regardless of marital status. Also, about 6.0% of married women aged 15 to 44 years in the US are incapable of getting pregnant after one year of trying (infertility). According to the National Center for Health Statistics, birth rate for the US in 2018 was estimated as 11.968 births per 1000 people, a 0.95% decline from 2017. Moreover, chlamydia diseases cause about 4 to 5 million infections annually in the US. If it is not treated on time, it can cause infertility in males and females.
Additionally, according to a report of world fertility 2019, estimates of teenage birth rates are available for 2015–2020 for 201 countries or areas with populations of at least 90,000. Speedy fertility decays were observed in all the major regions. Among the seventy-seven countries and areas where adolescent fertility declined by more than 50% between 1990–1995 and 2015–2020, 28 were in Europe, 28 in Asia, 8 in Africa (Algeria, Botswana, and others), 7 in the Caribbean (Bahamas, Puerto Rico, Grenada, Aruba, Martinique, Saint Lucia, and the US Virgin Islands), 4 in Oceania (Guam, Kiribati, Micronesia, and New Caledonia), and Canada and the US. Thus, the declining fertility rate is leading to a significant increase in demand for infertility treatment devices and equipment that determine the fertility window in males and females.
Infertility Treatment Devices and EquipmentProduct Type-BasedInsights
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 , also, the same segment is anticipated to register the highest CAGR in the market during the forecast period.
Global Infertility Treatment Devices and Equipment Market, by ProductType– 2019& 2027
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Procedure-BasedInsights
Based on procedure, the infertility treatment devices and equipment market is segmented into assisted reproductive technology, artificial insemination, and fertility surgery. The artificial insemination segment held the largest share of the market in 2019;, whereas, the assisted reproductive technology segment is anticipated to register the highest CAGR in the market during the forecast period.
End User-Based Insights
Based on end user, the infertility treatment devices and equipmentmarket is segmented into hospitals and other healthcare facilities, fertility centers, and clinical research institutes. The fertility centers segment held the largest share of the market in 2019 and is ; also, the same segment is expected to register CAGR in the market during the forecast period.
period 2020-2027.
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Infertility Treatment Devices and Equipment Market: Strategic Insights
Market Size Value in US$ 1,050.00 Million in 2019 Market Size Value by US$ 1,973.68 Million by 2027 Growth rate CAGR of 8.4% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Infertility Treatment Devices and Equipment Market: Strategic Insights
Market Size Value in | US$ 1,050.00 Million in 2019 |
Market Size Value by | US$ 1,973.68 Million by 2027 |
Growth rate | CAGR of 8.4% from 2020-2027 |
Forecast Period | 2020-2027 |
Base Year | 2020 |
Akshay
Have a question?
Akshay will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to AnalystInorganic strategies such as partnerships, and mergers, and acquisitions are commonly adopted by companies to cater to changing customer demand worldwide, which also permits them to maintain their brand name. The market players operating in the infertility treatment devices and equipmentmarket have been adopting organic strategies such as product launches and expansions to outstretch their footprint and expand their product portfolios,along with being capable of meeting the growing demand for products.
By Product 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 EndUser
- Fertility Clinics
- Hospitals and Other Healthcare Facilities
- Clinical Research Institutes
By Geography
North America
- US
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- UK
- Spain
Asia Pacific(APAC)
- China
- India
- South Korea
- Japan
- Australia
Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
South and Central America (SCAM)
- Brazil
- Argentina
Company Profiles
- Microptic
- Coopersurgical, Inc,
- Cook Medical LLC
- Dxnow, Eppendorf AG
- AB Scientific Ltd.
- Hamilton Thorne, Inc
- Rocket Medical Plc.
- Invo Bioscience
- Vitrolife
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product Type ; Procedure ; End User , and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
There are many different infertility treatment options available for patients that can be treated with various devices and equipment. The list of devices and equipment include ovum aspiration pumps, sperm separation devices, sperm analyzer systems, micromanipulator systems, incubators, cryosystems, imaging systems, microscopes, and others.
Many factors are contributing to low fertility rate, thus in coming years, the number of patients seeking infertility treatment will rise. Many companies have developed novel device and procedures for simple, effective and cost effective fertility treatment. Key factors that are contributing to the market growth include increase in the incidence of infertility in both sexes and rising number of fertility clinics & infertility services with government support. However, the high procedural cost of reproductive techniques hinders the market growth.
The cost of infertility treatment varies depending upon the procedure type.For instance, the average procedural cost of one IVF cycle is US$ 12,000 exclusive of the cost of medications; if the couple goes through two or three sequential series. Whereas, in emerging countries, such as India and Australia, it ranges from US$ 814.74 to US$ 1,086.32, inclusive of all medications
The List of Companies - Infertility Treatment Devices and Equipment Market
- MICROPTIC
- CooperSurgical, Inc.
- Cook Medical LLC
- DxNow.
- Eppendorf AG
- AB Scientific Ltd.
- Hamilton Thorne, Inc
- Rocket Medical plc.
- INVO Bioscience
- Vitrolife
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