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 infertility treatment market report forecasts the infertility treatment market size to grow to $2.3 Billion by 2027, with a CAGR (compound annual growth rate) of more than 8%.

Learn More On The Infertility Treatment Market Report 2023 – https://www.thebusinessresearchcompany.com/report/infertility-treatment-global-market-report

Infertility Treatment Market Size Forecast
The global infertility treatment market is expected to grow from $1.52 billion in 2022 to $1.67 billion in 2023 at a compound annual growth rate (CAGR) of 9.9%. 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 infertility treatment market size is expected to grow to $2.3 billion in 2027 at a CAGR of 8.3%.

North America held the largest infertility treatment market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Infertility Treatment Market Driver ­– Decline In The Global Fertility Rate
For instance, according to the World Economic Forum, a Switzerland-based international non-governmental and lobbying organization, the target fertility rate is 2.1 to replace a generation, however, in 2020 it was only 1.6, which was below average. Furthermore, for the last 70 years, fertility rates have decreased worldwide, with a total 50% decline in 2022. Therefore, the decline in the global fertility rate is driving the demand for the infertility treatment market.

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Key Infertility Treatment Market Trend – Technology Innovation
Major companies operating in the infertility treatment market are focused on developing new technological solutions to strengthen their position. For instance, in August 2021, Merck Specialties Pvt. Ltd., an India-based pharmaceutical and chemical products company, launched Pergoveris Pen in India for assisted reproductive technology use. The product is a ready-to-use device that contains both recombinant luteinizing hormone and recombinant follicle-stimulating hormone, and it must be used as directed by an expert in in vitro fertilisation. A globally approved product filled by technology that provides a safer self-administration fertility solution to infertile couples.

Infertility Treatment Market Segment
1) By Product: Equipment, Media and Consumables, Accessories
2) By Procedure: Assisted Reproductive Technology, Artificial Insemination, Fertility Surgeries, Other Infertility Treatment Procedures
3) By Drugs: Clomiphene Citrate, Letrozole, Serophene, Hormone Treatment, Other Drugs
4) By Patient Type: Female Infertility Treatment, Male Infertility Treatment
5) By End User: Hospitals and Surgical Clinics, Cryobanks, Research Institutes

Infertility Treatment Market Major Players and Strategies
Major players in the infertility treatment market are The Cooper Companies Inc., Cook Group, Vitrolife AB, Thermo Fisher Scientific Inc., Esco Micro Pte. Ltd., Genea Biomedx, IVFtech ApS, FUJIFILM Irvine Scientific, The Baker Company Inc., Kitazato Corporation, Rocket Medical plc, IHMedical A/S, Hamilton Thorne Ltd., Carl Zeiss Group, MedGyn Products Inc., DxNow Inc., Nidacon International AB, Gynotec B.V., SAR Healthline Pvt. Ltd., InVitroCare Inc., and Genea Limited.

In May 2021, RO, a US-based digital elective care and telemedicine provider, acquired Modern Fertility for a deal amount of approximately $225 million. Through this acquisition, RO aims to expand into fertility testing and reproductive health to its women’s health suite of services. Modern Fertility is a US-based reproductive healthcare company.

The Infertility Treatment Global Market Report 2023 covers regional data on infertility treatment market size, infertility treatment market trends and drivers, opportunities, strategies, and infertility treatment market competitor analysis. The countries covered in the infertility treatment 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.

Infertility treatment is a process to treat infertility in males and females. Infertility is a disease of the male or female reproductive system defined by the failure to achieve a pregnancy after 12 months or more of regular, unprotected sexual intercourse. Infertility is a condition where the female is unable to conceive after a year of trying. Endometriosis, uterine fibroids, and thyroid problems are just a few examples of female infertility causes. Low testosterone or low sperm counts may be seen in men who are having fertility issues.

View More Reports Related To The Infertility Treatment Market –
Fertility Treatments Global Market Report 2023
Fertility Drugs Global Market Report 2023
Women’s Health Global Market Report 2023

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