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How has the luveris market size evolved in recent years?

In recent times, the market size of luveris has seen an XX (HCAGR) increase. The market is projected to expand from $XX million in 2024 to $XX million in 2025, with a compound annual growth rate (CAGR) of XX%. This significant growth during the historical period can be credited to factors such as the proliferation of fertility clinics, an upsurge in healthcare spending, advancement in personalized medicine, a rising rate of obesity, and escalating urbanization.

What are the predictions for the luveris market size in the coming years?

In the coming years, the luveris market is projected to exhibit a XX (FCAGR), growing to a size of $XX million in 2029 with a compound annual growth rate of XX%. The growth anticipated during the forecast period is owing to factors such as an increase in infertility rates in both males and females, a higher incidence of hormonal disorders, the escalating problem of obesity, expanding investments in research related to fertility, and the rise in genetic testing. The forecast period will also see significant trends like technological innovation, the use of assisted reproductive technology, progress in hormone treatment, the rise of personalized medication, and the incorporation of artificial intelligence.

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What key factors are fueling the growth of the luveris market?

With an increase in infertility rates, it is anticipated that the luveris market will witness significant growth. The term ‘infertility rates’ denotes the proportion of couples or individuals unable to conceive after a specified period of attempts, typically over a year of unprotected sex. Factors contributing to heightened infertility rates comprise of postponed childbearing, lifestyle decisions, environmental toxins, and pre-existing health problems among others. Luveris, also known as lutropin alfa, is utilized to address fertility issues in women who have reduced levels of the luteinizing hormone (LH). It functions by inciting ovulation and fostering the maturation of eggs in the ovaries. For example, as per the July 2024 report from the Human Fertilization and Embryology Authority, a UK-based authority that regulates fertility treatments and research, roughly 52,500 patients underwent in vitro fertilisation (IVF) and about 3,000 participants opted for donor insemination (DI) treatment at HFEA licensed fertility clinics in the UK in 2022. The figure for IVF cycles, involving both fresh and frozen embryo transfers, shot up to 77,000 in 2022, which replicates an 11% surge from 69,000 in 2019. Consequently, the climbing infertility rates are predicted to fuel the expansion of the luveris market.

How is the global luveris market divided into key segments?

The luveris market covered in this report is segmented –

1) By Formulation: Injectable Formulation (Intravenous), Pre-Filled Syringes

2)By Indication: Treatment Of Hypogonadotropic Hypogonadism, Ovulation Induction, Assisted Reproductive Technology

3) By Route of Administration: Subcutaneous Injection, Intramuscular Injection

4) By Patient Demographics: Adult Female Patients, Adult Male Patients, Couples Undergoing Fertility Treatments

5) By End User: Hospitals, Fertility Clinics, Specialty Pharmacies, Home Healthcare Providers

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Who are the key firms paving the way for growth in the luveris market?

Major companies operating in the luveris market include Merck KGaA

Which trends are expected to transform the luveris market?

A prominent trend in the luveris industry is the adoption of strategic investment strategies for creating and manufacturing innovative medicines. These strategic investments are executed with the aim of fulfilling long-term business objectives, such as gaining a competitive edge, expanding market presence, or upgrading operational abilities. For example, in April 2024, the science and technology corporation based in Germany, Merck KGaA, poured $316 million (€300 million) into a state-of-the-art research hub at its global headquarters in Darmstadt, Germany. This progressive research hub will be dedicated to generating solutions for manufacturing antibodies, mRNA applications, and other crucial products for biotechnological production under the Merck Life Science business division. The center will centralize research on vital technologies, including raw material and processes necessary for antibody, recombinant protein, and viral vector production. Moreover, the hub will propel scientific study in cell culture media, pharmaceutical formulation and purification aids, digital reference materials, and the continuing development of analytical chromatography, a process for separating, identifying, and quantifying chemicals. The facility will also conduct research across the mRNA value chain.

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What regions are contributing significantly to the growth of the luveris market?

North America was the largest region in the luveris market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the luveris market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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