Overview:

The global fertility market is valued for more than US$ XXX.X Mn in 2019 and expected to reach a value of US$ XXX.X Mn by 2029 with a significant CAGR of around XX.X% over the forecast period of 2019-2029. Fertility is a natural and pre-existing capacity of any giving birth to the offspring. However, the human fertility may vary or affect due to various natural, biological or other factors. Hence, various treatments are followed to resolve the infertility issues.

Market Dynamics:

Declining fertility rate is a key factor driving growth of the global fertility market. The fertility rate is gradually declining across the globe due to numerous factors, such as the rising pattern of late marriages and raising age-related infertility. In addition, unhealthy diet, lack of physical exercise, and growing stress level among young population are some other factors affecting the fertility. According to the World Health Organization (WHO), the global fertility rate is expected to decline to 2.4 children per woman by 2030 and 2.2 children per woman by 2050.

In addition, rising concern level about infertility issues is expected to further propel growth of the global market. Also, growing healthcare expenditure and willingness to pay on healthcare are among the other factors expected to result in growth of the target market over the forecast period.

Key Trends:

Growing number of egg and embryo bank across the globe is a key trend observed in the global market and is expected to drive the market growth over the forecast period. For instance, Kindbody – a fertility clinic chain has opened its first location in New Jersey in September 2020.

Regional Analysis:

For detailed understanding of market dynamics, the global fertility market is analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America accounted for the major revenue share in 2018, owing to rapidly growing infertility issues among female population in countries in the region. Moreover, well established regulations related to infertility issues and treatment is another factor expected to support growth of the target market.

Furthermore, Asia Pacific is expected to witness considerable growth over the forecast period owing to rising key players focus on market expansion activity in emerging countries and rising consumer base in this region.

Scope of the Report:

Detailed Segmentation:

Global Fertility Market, By Offering:

• Assisted Reproductive Technology
• Fertility Drugs
• Other Offering

Global Fertility Market, By Technology:

• In-vitro Fertilization
• Artificial Insemination
• Surrogacy
• Other Technologies

Global Fertility Market, By End User:

• Fertility Clinics
• Hospitals
• Clinical Research Institutes

Key Players Covered:

Key players operating in the global fertility market includes, Boston IVF Fertility Clinic, INVO Bioscience, Celmatix Inc., FUJIFILM Irvine Scientific Inc., Carolinas Fertility Institute, Progyny Inc., Cook Medical, LifeGlobal Group LLC (Cooper Surgical), OvaScience Inc., and Care Fertility Group.

Key Features of the Study:

Foresight Market Research provides detailed analysis on global market in our report- Global Fertility Market by offering, technology, end user, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global fertility market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, ongoing trends, market expansion, and marketing tactics used overall the globe.