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What Is The Predicted Market Size Of The Fertility Services Industry By 2029?

In recent times, there has been significant growth in the market size for fertility services. It is projected to rise from $64.16 billion in 2024 to $73.96 billion in 2025, registering a compound annual growth rate (CAGR) of 15.3%. This surge during the historical period is linked with the high frequency of PCOS (polycystic ovary syndrome), a rise in premature ovarian failure cases, an increase in male infertility, the fact that insurance providers are now covering IVF (in vitro fertilization) procedures, and a surge in the number of same-sex couples.

The market size of fertility services is anticipated to witness substantial growth in the impending years, rising to $123.6 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 13.7%. The growth speculated for the forecast period can be ascribed to multiple factors such as escalating infertility rates, advancements in fertility treatment technology, rising use of fertility services to assist in conception, increased governmental endeavours, enhancements in disposable income and the escalating trend of becoming parents at a later age. Major tendencies in the forecast period encompass focus on integrating artificial intelligence into fertility services, technological advancements, preimplantation genetic screening for aneuploidy (PGT-a), the DNA fragmentation index (DFI), the use of blockchain in fertility service applications, the application of internet of things (IoT) in in-vitro fertilisation services, and strategic alliances and mergers and buyouts.

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Which Factors Are Steering Growth In The Fertility Services Market?

The projected increase in infertility rates is expected to heighten the need for fertility services in the coming years. A range of social and ecological elements such as changes in lifestyle including obesity, stress or depression, and a significant intake of alcohol are known to escalate infertility rates, leading to an increased demand for fertility services. For example, in April 2023, the World Health Organization (WHO), a public health institution based in Switzerland, predicts that countless people at reproductive age worldwide will likely face infertility, impacting their households and societies. Globally, the estimated statistics show that 1 in 6 adults, or roughly 17.5% of the worldwide adult population grapple with infertility issues. Therefore, the escalating rates of infertility are set to fuel the demand for the fertility services market.

Which Segment Accounts For The Largest Share In The Fertility Services Market?

The fertility servicesmarket covered in this report is segmented –

1) By Procedure: Assisted Reproductive Technology (Art), In-Vitro Fertilization, Artificial Insemination

2) By Service: Fresh Non-Donor, Frozen Non-Donor, Egg And Embryo Banking, Fresh Donor, Frozen Donor

3) By Application: Male, Female

Subsegments:

1) By Assisted Reproductive Technology (ART): Intracytoplasmic Sperm Injection (ICSI); Frozen Embryo Transfer (FET); Donor Egg And Sperm Programs

2) By In-Vitro Fertilization (IVF): Conventional IVF; Mini IVF (Mild Stimulation IVF); Natural Cycle IVF

3) By Artificial Insemination: Intrauterine Insemination (IUI); Intracervical Insemination (ICI); Intratubal Insemination (ITI)

Which Disruptive Trends Are Driving Change Across The Fertility Services Market?

Firms operating in the fertility services segment have seen a substantial increase in the number of research partnerships and approvals for research funding. Major players in this market are expected to bolster their investments in research and development in order to launch novel, cutting-edge techniques and fertility treatment drugs. For example, Maven Clinic, an American firm that specializes in virtual clinics focusing on women’s and family health through telemedicine, partnered with Indira IVF in October 2022. The aim of this partnership was to offer Maven members in India access to the high-quality clinical services of Indira IVF, along with other benefits and the finest virtual family-building care through the Maven platform. Indira IVF is a chain of specialized infertility clinics based in India.

Who Are The Dominant Players In The Fertility Services Market Today?

Major companies operating in the fertility services market include Vitrolife, Merck KGaA, Progyny Inc., Virtus Health, Medicover Group, Apollo Hospitals Enterprise Ltd., Integramed America, Inc., The Johns Hopkins Health System Corp, Care Fertility, Australian Concept Infertility Medical Center (ACIMC), Bahosi Fertility Centre, Bloom Fertility Center, Center for Advanced Reproductive Medicine and Infertility, Chennai Fertility Center, Cloudnine Fertility, Damai Service Hospital, Flinders Reproductive Medicine Pty Ltd, Genea Oxford Fertility Limited, IHH Healthcare Berhad, IVF NAMBA Clinic, IVF Sri Lanka Life Plus (Pvt) Ltd, KL Fertility & Gynecology Centre, LIFE – Lahore Institute of Fertility & Endocrinology, Maria Fertility Hospital, Morula IVF, Nepal International Fertility Centre, Repromed, SAFE Fertility Center, Southend Fertility and IVF, Thomson Medical Pte Ltd, TMC Fertility Centre, Victory A.R.T. Laboratory Phils. Inc, Virtus Health, CHA Fertility Center, United Family Hospital, The New Hope Fertility Center, NOVA IVF Fertility, Baby Joy Fertility and IVF, Fortis La Femme, ART Fertility Clinics, Ferticity Fertility Clinic, Milann Fertility Centre, Fertility First, City Fertility Sydney, Westmead Fertility Centre, Demeter Fertility, Adora Fertility, Rainbow Fertility, Monash IVF Group Limited, Mitra Keluarga Karyasehat Tbk PT, Sarang-i IVF Center, Beyond IVF, Bumrungrad International Hospital, Superior A.R.T, King’s Fertility, Manchester Fertility, St Roch IVF Center, Clinique De La Muette, Institut Marques, Hopital Cochin, iTrust Fertility, Apricity, Agora Clinic, TFP Fertility, Apryl, CCRM Fertility Clinic, ORIGIO, Maven Clinic, Bayonne Centre, Biomedival, Grand Paris Fertility Centre, Ava-Peter Clinic, IVF Russia (The International Centre Of The Reproductive Medicines), Next Generation Clinic, Scandinavia AVA-Peter, Nova Vita Clinic, INVICTA Fertility Clinics, Gyncentrum Fertility Clinic, Md Medical Group, Invo Bioscience, New Hope Fertility Center, Carolinas Fertility Institute, Newlife Fertility Centre, Dallas Fort Worth Fertility Associates, Overlake Reproductive Health, Fertility Center Of Las Vegas, Weill Cornell Medicine – Center For Reproductive Medicine, UCSF Center For Reproductive Health, Brigham And Women’s Hospital Center For Infertility And Reproductive Surgery, Columbia University Fertility Center, Duke Fertility Center, Advanced Fertility Center Of Texas, Cleveland Clinic Fertility Center, NYU Langone Fertility Center, Mayo Clinic Assisted Reproductive Technologies Rochester, Massachusetts General Hospital Fertility Center, IVF Canada, Bio Fertility Center, The Mexican Institute For Higher Reproductive Technology (Inmater), Select IVF, Fertility Patagonia, In Vitro Buenos Aires, Halitus Instituto Medico, Pregna Medicina Reproductiva, IVF Panama Centro De Reproduccion Punta Pacifica, Colombian Center For Fertility, Sterility, Carrot Fertility, Oya Care, Kitazato, Dubai Fertility Center, Fakih IVF Fertility Center, Orchid Fertility, Bourn Hall Fertility Clinic, Alboshra IVF Center, George’s Memorial Medical Centre, Nordica Fertility Centre, The Olive Branch Clinic, St. Ives Specialist Hospital, Bridge Clinic Fertility Centre, Cairo Fertility Centre, Queens Fertility Centre, BPE Partners, Cleopatra Hospitals Group

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What Regional Factors Are Accelerating Growth In The Fertility Services Market?

Western Europe was the largest region in the fertility services market in 2024. North America was the second largest region in global fertility services market share. The regions covered in the fertility services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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