According to the latest report by IMARC Group, titled “Infertility Treatment Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global infertility treatment devices market growth. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global infertility treatment devices market reached a value of US$ 397.71 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 574.45 Million by 2027, exhibiting a CAGR of 6.20% during 2022-2027.
Infertility represents a condition of the female or male reproductive system wherein attempts to achieve pregnancy after 12 months or more fail. It is usually caused by problems in the ejection of semen in the male reproductive system or abnormalities in the uterus, ovaries, fallopian tubes, and the endocrine system of the female reproductive system. Infertility is treated using assisted reproductive technology (ART) procedures, including in vitro fertilization (IVF), artificial insemination methods, such as intrauterine insemination (IUI), intracytoplasmic sperm injection (ICSI), etc.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Infertility Treatment Devices Market Trends and Drivers:
The growing prevalence of reproductive conditions, including polycystic ovary syndrome (PCOS), is primarily driving the infertility treatment devices market. Additionally, the rising number of fertility clinics and the widespread adoption of ART procedures, such as IVF, that involve the utilization of previously frozen embryos and donor eggs or sperm are catalyzing the market growth. Besides this, the launch of various favorable policies by government bodies across the countries to increase the accessibility of infertility treatments is propelling the product demand.
Moreover, the key market players are focusing on agreements, portfolio expansion, mergers and acquisitions (M&A), geographical development, and collaborations to widen their consumer base. This, in turn, is augmenting the global market. Furthermore, they are also introducing technological advancements and developing techniques that improve the conception success rate, which is anticipated to fuel the infertility treatment devices market over the forecasted period.
Global Infertility Treatment Devices Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these top key players include:
Ab Scientific Ltd, Cook Group Incorporated, Coopersurgical Inc. (The Cooper Companies Inc.), Eppendorf, Esco Micro Pte. Ltd., Genea Limited, Hamilton Throne Ltd., Kitazato Corporation, Rocket Medical plc, Thermo Fisher Scientific, Thomas Medical (Medgyn Products Inc.), Vitrolife.
The report has segmented the market on the basis of region, type, patient type and end user.
Breakup by Type:
• Sperm Separation Devices
• Ovum Aspiration Pumps
• Sperm Analyzer Systems
• Micromanipulator Systems
• Imaging Systems
Breakup by Patient Type:
• Female Infertility Treatment
• Male Infertility Treatment
Breakup by End User:
• Fertility Clinics
• Hospitals and Other Healthcare Facilities
• Clinical Research Institutes
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
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Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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