fertility treatments market
Healthcare Services

How Will The Fertility Treatments Market Globally Expand In 2023?

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s fertility treatments market report forecasts the fertility treatments market size to grow to $22.77 Billion by 2027, with a CAGR (compound annual growth rate) of more than 8%.

Learn More On The Fertility Treatments Market Report 2023 – https://www.thebusinessresearchcompany.com/report/fertility-treatments-global-market-report

Fertility Treatments Market Size Forecast
The global fertility treatments market is expected to grow from $15.26 billion in 2022 to $16.48 billion in 2023 at a compound annual growth rate (CAGR) of 8.0%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The fertility treatments market is expected to grow from $22.77 billion in 2027 at a CAGR of 8.4%.

North America held the largest fertility treatments market share.

Key Fertility Treatments Market Driver ­– Growth In The Median Age Of First-Time Motherhood
In 2020, the average age of first-time mothers in America has risen from 21 to 26. Women in other developed countries are also deferring, with the typical first birth occurring at the age of 31 for new mothers. In this scenario, a growing number of women are opting for IVF treatments, which is expected to drive this market.

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Key Fertility Treatments Market Trend – Developing New Techniques To Treat Infertility Using A Human’s Body
INVOcell is an IVF alternative that uses the woman’s body to support fertilization, thus eliminating the cost of a laboratory incubator. The INVOcell device is placed with the eggs and sperm in the vaginal cavity, allowing for the stability of the natural environment, pH, and gas to help in fertilization. INVOcell, which is made in Medford, Massachusetts by INVO Bioscience, costs around $6,800 including medication. Although IVF generated more quality embryos, the birth rates between IVF and INVOcell are similar. According to the journal of assisted reproduction and genetics, 12 out of 20 women gave birth to 15 babies in IVF including three sets of twins and 11 out of 20 women gave birth to 16 babies in INVOcell group including five sets of twins.

Fertility Treatments Market Segments
1) By Product: Reagents, Equipment
2) By End-User: Fertility Clinics, Hospitals, Surgical Centers, Clinical Research Institutes
3) By Patient Type: Female, Male

Fertility Treatments Market Major Players and Strategies
Major players in the fertility treatments market are Apollo Hospitals Enterprise Ltd., Care Fertility Group, Genea Limited, The Johns Hopkins Health System Corp., Medicover Group, Monash IVF Group, Progyny Inc., Vitrolife, Carolinas Fertility Institute, OvaScience Inc., Xytex Cryo International, Merck KGaA, Cook Medical, CooperSurgical Inc., Instituto Bernabeu, INVO Bioscience, The Cooper Companies Inc., Virtus Health, CryoChoice LLC., Millendo Therapeutics Inc., FUJIFILM Irvine Scientific, LABOTECT GMBH, Fertility Focus, Olympus Corporation, Irvine Scientific sales Company Inc., and Ferring Pharmaceuticals.

In August 2022, CCRM Fertlity, an American fertility treatment company, acquired Institute for Reproductive Medicine & Sciences (IRMS) for an undisclosed amount. The acquisition would add world class proprietary reproductive medicine offerings to the CCRM’s portfolio and expand its footprint across 11 major metropolitan areas with 34 locations across the US and Canada. Institute for Reproductive Medicine and Science (IRMS) is a US-based fertility research and treatment company having its presence in major metropolitan areas.

The Fertility Treatments Global Market Report 2023 covers regional data on fertility treatments market size, fertility treatments market trends and drivers, opportunities, strategies, and fertility treatments market competitor analysis. The countries covered in the fertility treatments market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Fertility treatment is a medical treatment provided to a man or a woman to increase their chances of bearing an offspring. It is used to treat infertile patients. Hormone and ovulation-supporting medicines are frequently used in fertility treatments, sometimes in conjunction with minor surgical procedures.

View More Reports Related To The Fertility Treatments Market –
IVF Services Global Market Report 2023
Fertility Drugs Global Market Report 2023
Fertility Services Global Market Report 2023

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