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The assisted reproductive technology market is forecasted to achieve exponential growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 18%, as per The Business Research Company’s market report!

Read More On The Assisted Reproductive Technology Market Report 2022 – https://www.thebusinessresearchcompany.com/report/assisted-reproductive-technology-global-market-report

The Assisted Reproductive Technology Market Size In 2022 And Forecast

The global assisted reproductive technology market is expected to grow from $26.28 billion in 2021 to $31.29 billion in 2022 at a compound annual growth rate (CAGR) of 19.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The assisted reproductive technology (ART) market is expected to reach $62.05 billion in 2026 at a CAGR of 18.7%.

The assisted reproductive technology (ART) market consists of sales of assisted reproductive technology (ART) by entities (organizations, sole traders, and partnerships) that are used for the treatment of infertility in either eggs or embryos.

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The Rising Number Of Infertility Cases Is Driving The Growth Of The Assisted Reproductive Technology Market

For instance, according to the UCLA Health, a US based health system, in 2020 around 15% of couples in the world have trouble in conceiving. Infertile couples are increasingly turning to assisted reproductive technology (ART), which is growing at a rate of 5% to 10% every year. Therefore, the rising number of infertility cases drives the growth of the assisted reproductive technology market.

Competitive Landscape And The Regional Analysis Of The Assisted Reproductive Technology Market

Major players in the assisted reproductive technology market are Cooper Surgical Inc., Ferring B.V., Hamilton Thorne Ltd, Merck KGaA, Genea Limited, California Cryobank, European Sperm Bank, OvaScience Inc., Bloom IVF Centre, Vitrolife, FUJIFILM Irvine Scientific Inc., Nidacon International AB, Monash IVF Group Ltd., Cook Medical, INVO Bioscience Inc., Thermo Fisher Scientific, Boston Science Corporation, Anecova, Carolinas Fertility Institute, Microm Ltd.

Additionally, as per TBRC’s research – Europe was the largest region in the assisted reproductive technology market in 2021 holding the largest market share.

The Assisted Reproductive Technology Global Market Report 2022  covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the assisted reproductive technology market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the assisted reproductive technology market.

Technological Advancement – A Key Trend In The Assisted Reproductive Technology Market

Major companies operating in the assisted reproductive technology are focused on developing technological solutions to strengthen their position.

Assisted Reproductive Technology Market Segmentation By The Business Research Company

1) By Diagnosis: Ovulation Testing, Hysterosalpingography, Ovarian Reserve Testing, Genetic Testing

2) By Procedure Type: Fresh Non-Donor, Fresh Donor, Frozen Donor, Frozen Non-Donor, Embryo Or Egg Banking

3) By End-User: Hospitals, Fertility Clinics, Others

Here Are Some Reports Related To The Assisted Reproductive Technology Market –

Fertility Treatments Global Market Report 2022

Fertility Services Global Market Report 2022

Lateral Flow Immunoassay (LFIA) Based Rapid Test Global Market Report 2022

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