
MARKET DEFINITION :
Fertility services are the services taken by people who are not capable of conceiving naturally. These fertility services help single parents, LGBT community and infertile couples for procreating and to start a family. Fertility services involve several techniques which are used for treating genetic issues and infertility problems to help out in conception.
Market Analysis:
The global fertility services market is expected to rise from its initial estimated value of USD 20,398.07 million in 2018 to an estimated value of USD 41,396.21 million by 2026 registering a CAGR of 9.25% in the forecast period of 2019-2026. This rise in the market can be attributed to the changing lifestyle and increasing infertility rates.
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Market Drivers:
- Delayed pregnancies in women has increased the fertility services market demand
- Technological developments regarding fertility treatment in the industry will act as a major market driver
Market Restraints:
- High cost of ARTs treatment in developed countries is acting as a major restraint for the market
- Inadequate reimbursement policies will hamper the fertility services industry.
Segmentation: Global Fertility Services
By Cause of Infertility
By Procedure By Cause of Infertility
By End-User By Cause of Infertility
By Geography
Competitive Analysis:
The global fertility services market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of fertility services market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major market competitors currently working in the fertility services market are :-
Olympus Corporation, Cook, The Cooper Companies Inc., Instituto Bernabeu, Virtus Health, CooperSurgical, Inc., Vitrolife, CARE Fertility, INVO Bioscience, Monash IVF, Fertility Focus, Carolinas Fertility Institute, Apollo Hospitals Enterprise Ltd., Merck KGaA, LABOTECT GMBH, Genea Limited, Medicover, The Johns Hopkins Hospital, Progyny, Inc., CryoChoice, LLC., Millendo Therapeutics, Inc., FUJIFILM Irvine Scientific, LifeGlobal / CooperSurgical and IVFtech ApS.
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