The global infertility treatment devices market size reached US$ 397.71 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 574.45 Million by 2027, exhibiting a growth rate (CAGR) of 6.20% during 2022-2027.
Industry Definition and Application:
Infertility represents a condition of the female or male reproductive system wherein attempts to achieve pregnancy after 12 months or more fail. It is usually caused by problems in the ejection of semen in the male reproductive system or abnormalities in the uterus, ovaries, fallopian tubes, and the endocrine system of the female reproductive system. Infertility is treated using assisted reproductive technology (ART) procedures, including in vitro fertilization (IVF), artificial insemination methods, such as intrauterine insemination (IUI), intracytoplasmic sperm injection (ICSI), etc.
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Year considered to estimate the market size:
- Base year of the analysis: 2021
- Historical period: 2016-2021
- Forecast period: 2022-2027
Impact of COVID-19:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Infertility Treatment Devices Market Trends and Drivers:
The growing prevalence of reproductive conditions, including polycystic ovary syndrome (PCOS), is primarily driving the infertility treatment devices market. Additionally, the rising number of fertility clinics and the widespread adoption of ART procedures, such as IVF, that involve the utilization of previously frozen embryos and donor eggs or sperm are catalyzing the market growth. Besides this, the launch of various favorable policies by government bodies across the countries to increase the accessibility of infertility treatments is propelling the product demand.
Moreover, the key market players are focusing on agreements, portfolio expansion, mergers and acquisitions (M&A), geographical development, and collaborations to widen their consumer base. This, in turn, is augmenting the global market. Furthermore, they are also introducing technological advancements and developing techniques that improve the conception success rate, which is anticipated to fuel the infertility treatment devices market over the forecasted period.
Who are the leading players in the infertility treatment devices market?
- Ab Scientific Ltd
- Cook Group Incorporated
- Genea Limited
- Hamilton Throne Ltd.
- Kitazato Corporation
- Rocket Medical plc
- Coopersurgical Inc. (The Cooper Companies Inc.)
- Eppendorf
- Esco Micro Pte. Ltd.
- Thermo Fisher Scientific
- Thomas Medical (Medgyn Products Inc.)
- Vitrolife.
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Key Market Segmentation:
The report has segmented the market on the basis of region, type, patient type and end user.
Breakup by Type:
- Sperm Separation Devices
- Ovum Aspiration Pumps
- Sperm Analyzer Systems
- Micromanipulator Systems
- Incubators
- Cryosystems
- Imaging Systems
- Microscopes
- Others
Breakup by Patient Type:
- Female Infertility Treatment
- Male Infertility Treatment
Breakup by End User:
- Fertility Clinics
- Hospitals and Other Healthcare Facilities
- Clinical Research Institutes
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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