Portland, OR — 11/07/2017 — Progressive Markets has added a report, “Global Infertility Treatment Market – Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025″, which says that the global market is expected to grow at a CAGR of 11.7% from 2017 to 2025.
Infertility means the inability to conceive by natural means. It is an ongoing reproductive health issue worldwide which has risen dramatically over the years. Infertility is an issue that is not only confined to women but is a common problem for both men and women. In 2015, about 10 to 15% of married couples suffered from infertility. The root causes of infertility are hormonal imbalance, ovarian cyst or fibroid, genetic disorders, lifestyle changes, obesity, and stress.
Due to the rising infertility rates, the demand for infertility treatment has increased, thereby boosting the growth of the market. More and more couples are opting for expensive medical treatments to increase their chances of having a baby.
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Market Drivers and Restraints
The growth of the infertility treatment market can be attributed to factors such as a considerable decrease in the rate of fertility, increasing public and private investments, funds, and grants, growing awareness of fertility among the masses, and technological advancements in the treatment of infertility. On the other hand, uncooperative government regulations for certain type of infertility treatment and high procedural costs restrict the growth of the infertility treatment market.
Infertility Treatment Market Segmentation:
The report encompasses the global infertility market segmentation based on procedure, product, type, end-user, and geography. By procedure, the market is classified into Assisted Reproductive Technology (ART), artificial insemination, fertility surgeries, and other procedures (egg freezing, sperm freezing, and embryo freezing). The ART procedure is divided into In-vitro Fertilization (IVF) and surrogacy. The IVF procedure is further divided into Intracytoplasmic Sperm Injection (ICSI), and gamete donation. Artificial semination is further bifurcated into intrauterine insemination, intracervical insemination, and intratubal insemination. Based on product, the infertility market is classified into instruments, media & consumables, and accessories. Instruments are further classified into micromanipulator systems, laser systems, imaging systems, ovum aspiration pumps, sperm analyzers, incubators, gas analyzers, and workstations. Based on the patient type, the market is classified into men and women. Based on end-user, the market is classified into fertility centers, hospitals and clinics, research institutes, and cryobanks.
Geographically, the report studies the infertility treatment industry across regions such as North America, Europe, Asia-Pacific, and LAMEA. In North America, the market is analyzed across the U.S., Canada, and Mexico. In Europe, the market is analyzed across the UK, Germany, France, Spain, Italy, and the rest of Europe. The market in the Asia-Pacific region has been analyzed across China, Japan, India, Australia, South Korea, and the other parts of Asia-Pacific. Lastly, the market in the LAMEA region has been studied across Brazil, Saudi Arabia, South Africa, and the rest of LAMEA.
Key Market Players
The important players operating in the global infertility treatment market include The Cooper Companies, Inc. (U.S.), Cook Group Incorporated (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Vitrolife AB (Sweden), Esco Micro Pte. Ltd. (Singapore), Genea Limited (Australia), IVFtech ApS (Denmark), Irvine Scientific (U.S.), Ihmedical A/S, and Baker Company, Inc. (U.S.).
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The report entails a detailed study on the global infertility treatment industry. It encompasses the infertility treatment market size, and market share (2014-2025), infertility treatment market survey, market dynamics, market segmentation, key market players, the competitive landscape, market scope, and Porter's analysis. The drivers of the market help understand the causes of the market development whereas the restraints help understand the factors that limit the growth of the market. These factors help market players and entrants plan their business ventures for the future. The Porter's Five Forces Analysis helps gain an insight on the level of competition prevailing in the industry. The infertility treatment market forecast and estimations in the report are provided for each segment by studying the current and future market potential from 2017 to 2025. The infertility treatment industry analysis also encompasses the historic industry size for each region from 2014 to 2016. A business overview of each player is provided in the report along with insights on their recent developments. In addition, financial segments are explored for each player. These insights would help market players gain an understanding of the competitive scenario and adopt strategies to gain a competitive advantage. The market report analyses the infertility treatment market across various geographical regions, thereby helping to identify the prevailing opportunities.
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