Assisted Reproductive Technology Market Insights: In-Depth Look at Growth Trends, Market Size, and Opportunities for 2025-2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
How Are Key Drivers Contributing to the Growth and Expansion of the Assisted Reproductive Technology Market?
The increasing incidence of infertility is anticipated to fuel the growth of the assisted reproductive technology market in the approaching years. Not being able to conceive after a year of frequent unprotected sex constitutes infertility. Both genders can be impacted by infertility, which is generally identified by the inability to conceive. Assisted reproductive technology (ART) serves as a treatment for infertility. This incorporates fertility treatments involving both female ovum and male sperm. For example, the World Health Organization (WHO), a Switzerland-based global health entity, stated in April 2023 that millions of reproductively-active individuals globally will grapple with infertility, affecting their families and their communities. On a global scale, infertility is estimated to affect 1 in 6 adults or approximately 17.5% of the world adult population. Hence, the surge in infertility cases propels the expansion of the assisted reproductive technology market.
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How Has the Assisted Reproductive Technology Market Evolved in Recent Years, and What are the Growth Projections for the Forecast Period?
Rapid growth has been observed in the market size of assisted reproductive technology in the past few years. The market is expected to rise from $34.35 billion in 2024 to $37.21 billion in 2025, marking a compound annual growth rate (CAGR) of 8.3%. Factors such as rising infertility rates, evolving societal norms, growing awareness about the technology, legislative backing, and an aging population have contributed significantly to the growth noted during the historic period.
Significant expansion is predicted for the assisted reproductive technology market, as it is anticipated to reach $52.84 billion by 2029, with a compound annual growth rate (CAGR) of 9.2%. Factors contributing to this surge during the forecast period include rising maternal age, growing demand for same-sex parenting, flourishing medical tourism, improving healthcare infrastructure, and advancements in research and development. The forecast period is also expected to witness trends like the implementation of artificial intelligence (AI), egg preservation, single-embryo transfer (SET), PGT-A, and genetic screening, along with the introduction of innovative fertility preservation strategies.
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What New Market Trends Are Reshaping theAssisted Reproductive Technology Market and Its Opportunities?
Technological advancements is a key trend gaining the popularity in the assisted reproductive technology market. Major companies operating in the assisted reproductive technology are focused on developing technological solutions to strengthen their position. For instance, in October 2022, Alife Health, a US-based medical equipment manufacturing company launched Alife Assist platform, a suite of products designed to revolutionize the in-vitro fertilization (IVF) process by harnessing data-driven insights and artificial intelligence (AI) to aid clinical decision-making during key IVF stages and streamline the operations of fertility clinics. This innovative platform, comprised of Stim Assist, Embryo Assist, and Insights, offers comprehensive support to reproductive endocrinologists, embryologists, and clinic administrators, improving medication dosing, embryo grading, and real-time performance monitoring, ultimately enhancing the patient experience and success rates in IVF procedures.
Who Are the Leading Market Players Fueling Growth in the Assisted Reproductive Technology Market Trend?
Major companies operating in the assisted reproductive technology market include Cooper Surgical Inc., Ferring Pharmaceuticals Ltd., Hamilton Thorne Ltd., Merck KGaA, Genea Limited, California Cryobank, European Sperm Bank, OvaScience Inc., Bloom IVF Centre, Vitrolife AB, FUJIFILM Irvine Scientific Inc., Nidacon International AB, Monash IVF Group Ltd., Cook Medical, INVO Bioscience Inc., Thermo Fisher Scientific Inc., Boston Scientific Corporation, Anecova Sa, Carolinas Fertility Institute, Microm Ltd., Inception Sciences Inc., Progyny Inc., Oxford Gene Technology IP Ltd., IVI-RMA Global, Boston IVF, CARE Fertility Group, Virtus Health, Reproductive Medicine Associates of New York, Shady Grove Fertility, CCRM Fertility, New Hope Fertility Center, Houston Fertility Institute, Pacific Fertility Center, RMA of New Jersey, Sher Fertility Institute, IVF Florida, ORM Fertility, HRC Fertility, Arizona Center for Reproductive Endocrinology & Infertility, San Diego Fertility Center, Fertility Centers of Illinois
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How is the Global Assisted Reproductive Technology Market Segemented?
The assisted reproductive technology market covered in this report is segmented –
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, Other End-Users
Subsegments:
1) By Ovulation Testing: Urine Ovulation Predictor Kits, Saliva Ovulation Test Kits
2) By Hysterosalpingography (HSG): X-ray HSG, Sonohysterography (SHG)
3) By Ovarian Reserve Testing: Follicle Stimulating Hormone (FSH) Testing, Anti-Müllerian Hormone (AMH) Testing, Antral Follicle Count (AFC) via Ultrasound
4) By Genetic Testing: Preimplantation Genetic Testing (PGT), Carrier Screening Tests, Genetic Compatibility Testing
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Which Geographics are Influencing the Growth of the Assisted Reproductive Technology Market?
Europe was the largest region in the assisted reproductive technology market in 2024. North America was the second-largest region in assisted reproductive technology market. The regions covered in the assisted reproductive technology market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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