Assisted Reproductive Technologies Market report helps to understand the most dominating growth drivers as well as the obstacles occurring in the market. Combined with this, it enlightens the readers about several aspects of the global market namely current trends, regional analysis, segments, market figure, challenges, and significant market players.
Theassisted reproductive technologies (ART) marketsize is projected to reach USD 45.06 billion by 2026, exhibiting a CAGR of 9.8% during the forecast period. The market was valued at USD 21.32 billion in 2018. This information is published in a recent report by Fortune Business Insights, titled, “Assisted Reproductive Technologies (ART) Market Size, Share and Industry Analysis, By Technique (In-Vitro Fertilization (IVF), Artificial Insemination (AI-IUI), Frozen Embryo Transfer (FET), and Others), By Procedure (Fresh Donor, Fresh Non-donor, Frozen Donor, and Frozen Non-donor), By End User (Fertility Clinics, and Hospitals) and Regional Forecast, 2019-2026.” As per the report, increasing stress levels amongst the population is likely to result in the rising prevalence of infertility. It will aid in the fertility services market growth during the forecast period.
The report provides market analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions and mergers, new product and service launches, agreements, partnerships, collaborations and joint ventures, research and development, and regional expansion of major participants involved in the market on a global and regional basis.
Key Features of Assisted Reproductive Technology Market Report:
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Rising Awareness Campaigns Regarding Cost-effective Procedures Will Boost Growth
In countries, such as India, the U.K, U.S., and China, there is a high prevalence of infertility. It will increase the demand for advanced ART technologies and procedures. The National Survey of Family Growth (NSFG) stated that around 6.7% of women residing in the U.S. were affected by infertility in 2018. The age group was between 15 to 44 years. Moreover, it is not only the women who are suffering from infertility nowadays. The Oxford Journals published a study that mentioned that in the U.K., one out of ten men from the age group of 16 to 74 years is affected by infertility. The rate is rising worldwide owing to the increasing cases of obesity, rising stress level and a rapid inclination towards a sedentary lifestyle. Besides, numerous government and non-profit agencies in the developed, as well as developing nations, are implementing awareness campaigns to educate the general populaces regarding the cost-effective fertility treatments. These are some of the crucial assisted reproductive technologies market trends that are set to augment ART market growth.
Key Companies and Manufacturers Covered:
Silverfleet Capital Partners Acquires a Major Stake of CARE Fertility to Fortify its Position in the Global Market
April 2019: Silverfleet Capital Partners, a private equity firm, based in U.K, announced that it has successfully acquired a major stake of CARE Fertility, UK’s leading fertility services provider. The main aim of this acquisition was to strengthen the former’s presence in UK by gaining access to a ton of experiences from CARE Fertility. It would also aid the company in providing its customers a complete patient care and technologically advanced treatments.
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Detailed Table of Content:
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An Overview of the Impact of COVID-19 on this Market:
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