Fertility Market (By Offering: Assisted Reproductive Technology (IVF, Artificial Insemination, Surrogacy, and Others), Fertility Drugs (Gonadotropin, Anti-estrogen, and Others), Others; By End user: Fertility Clinics, Hospitals, and Clinical Research Institutes)- Global Industry Analysis, Share, Growth, Regional Outlook and Forecasts, 2021-2027

The global Fertility market gathered revenue around USD 33.9 Billion in 2020 and market is set to grow USD 46.9 Billion by the end of 2027 and is estimated to expand at a modest CAGR of 3.18% during the prediction period 2021 to 2027.

Growth Factors:

Fertility is the inherent capacity to produce offspring. The number of offspring born per mating pair, adult or population is the fertility rate. The lack of reproduction is infertility. Factors such as diet, sexual activity, consanguinity, history, biology, endocrinology, pacing, atmosphere, lifestyle, and emotions rely on human fertility. For the treatment of infertility, fertility services are given to the persons who are incapable to conceive baby naturally. These services make it possible to develop and build a family for not only for the LGBT communities but also for infertile couples and single parents as well.

Declining fertility rates worldwide is a major factor driving growth of the target industry. Infertility is a person's failure to achieve therapeutic pregnancy. The fertility amount calculates the average number of children per mother. Fertility rates across the globe are regularly decreasing due to many reasons, for example the escalating pattern of late marriages and increasing age related infertility. Developed countries such as U.S. Russia, Canada, Italy, etc. are likely to have a lesser fertility rate owing to lifestyle adoptions. Higher education along with professional careers frequently means that females have kids late in lifespan. This can outcome in a demographic financial paradox. This falling fertility rate has led to a noteworthy increase in demand for fertility service in both males and females. This is a major factor driving growth of the global fertility industry market. Rising number of fertility clinics worldwide, coupled with technological advancements across the globe, are factors expected to boost growth of the global market over the forecast period. Awareness among the people in the developed as well as emerging economies regarding infertility treatment is increasing at rapid pace. This has resulted into increased numbers of fertility treatment clinics worldwide, which is anticipated to boost growth of the global market.

This research report purposes at stressing the most lucrative growth prospects. The aim of the research report is to provide an inclusive valuation of the Fertility market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global Fertility market report aids in comprehending market structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.

Report Coverage

Report Scope Details
Market Size USD  46.9 Billion by 2027
Growth Rate CAGR of 3.18% From 2021 to 2027
Base Year 2020
Forecast Period 2021 to 2027
Historic Data 2017 to 2020
Report coverage Growth Factors, Revenue Status, Competitive Landscape,  and Future Trends
Segments Covered Offering, End user and Region
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)
Companies Mentioned  Boston IVF Fertility Clinic, INVO Bioscience, San Diego Fertility Center, Celmatix, FUJIFILM IRVINE SCIENTIFIC, Carolinas Fertility Institute, Progyny Inc., Cook Medical, LifeGlobal Group (Cooper Surgical)

COVID-19 Impact Assessment on Market Landscape

The report comprises the scrutiny of COVID-19 lock-down impact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilar across various industry verticals. The research report offers present short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lasting tactics for recovery and by region.

Fertility market Report empowers readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplishes sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.

North America is estimated to be the Largest Market for Fertility

The study report covers key trends and prospects of fertility products across different geographical regions including North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa. Geographically, fertility market is conquered by North America owing to due to the growing number of campaigns initiated by government and non-profit health care organizations such as Fertility Matters Canada to raise awareness of medications and fertility treatment. Such steps are also taken to empower people who cannot conceive to provide them with a forum to pursue their aspirations. In fact, well-developed healthcare infrastructure in North American countries is driving the rise of the target audience. Also, acceptance of technological advancements, increasing disposable income, presence of key operating players, and continued growth in developed economies like the U.S. are some among the major factors driving demand for the fertility industry in the North America. Asia Pacific fertility industry market is estimated to grow at noteworthy growth rate in the next 10 years. The China fertility industry market is anticipated to dominate in terms of revenue in the Asia Pacific region. Increasing the prevalence of obesity and chronic diseases and disorders in the countries of the region is a key driver of APAC market growth.The Brazil industry market is anticipated to dominate in terms of revenue in the region owing to growing population and increasing investment in the construction sector in the Brazil.

Competitive Rivalry

Foremost players in the market are attentive on adopting corporation strategies to enhance their market share. Some of the prominent tactics undertaken by leading market participants in order to sustain the fierce market completion include collaborations, acquisitions, substantial spending in R&D and the improvement of new-fangled products or reforms among others.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

  • Company Overview
  • Company Market Share/Positioning Analysis
  • Product Offerings
  • Financial Performance
  • Recent Initiatives
  • Key Strategies Adopted by Players
  • Vendor Landscape
  • List of Suppliers
  • List of Buyers

Some of the prominent players in the Fertility Market include:  Boston IVF Fertility Clinic, INVO Bioscience, San Diego Fertility Center, Celmatix, FUJIFILM IRVINE SCIENTIFIC, Carolinas Fertility Institute, Progyny Inc., Cook Medical, LifeGlobal Group (Cooper Surgical)

Segments Covered in the Report

This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for the period of 2017 to 2027 and covers subsequent region in its scope:

By Offering

  • Assisted Reproductive Technology
    •  
      • IVF
      • Artificial Insemination
      • Surrogacy
      • Others
  • Fertility Drugs
    •  
      • Gonadotropin
      • Anti-estrogen
      • Others
  • Others

By End user

  • Fertility Clinics
  • Hospitals
  • Clinical Research Institutes

By Geography

North America

  • U.S.
  • Canada

Europe

  • Germany
  • France
  • United Kingdom
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Southeast Asia
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Rest of Latin America

Middle East & Africa (MEA)

  • GCC
  • North Africa
  • South Africa
  • Rest of Middle East & Africa

Highlights of the Report:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the market.
  • Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market
  • Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
  • Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the market

Research Methodology

In the study, a unique research methodology is utilized to conduct extensive research on the growth of the Fertility market, and reach conclusions on the future growth parameters of the market. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of the conclusions.

Secondary resources referred to by analysts during the production of the Fertility market study are as follows - statistics from government organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, all of whom have contributed to the development of this report as a primary resource.

Comprehensive information acquired from primary and secondary resources acts as a validation from companies in the market, and makes the projections on the growth prospects of the Fertility markets more accurate and reliable.

Secondary Research

It involves company databases such as Hoover's: This assists us recognize financial information, structure of the market participants and industry competitive landscape.

The secondary research sources referred in the process are as follows:

  • Governmental bodies, and organizations creating economic policies
  • National and international social welfare institutions
  • Company websites, financial reports and SEC filings, broker and investor reports
  • Related patent and regulatory databases
  • Statistical databases and market reports
  • Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to face interviews, online surveys, and telephonic interviews.

  • Means of primary research: Email interactions, telephonic discussions and Questionnaire based research etc.
  • In order to validate our research findings and analysis we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

Industry participants involved in this research study include:

  • CEOs, VPs, market intelligence managers
  • Procuring and national sales managers technical personnel, distributors and resellers
  • Research analysts and key opinion leaders from various domains

Key Points Covered in Fertility Market Study:

  • Growth of Fertility in 2021
  • Market Estimates and Forecasts (2017-2027)
  •  Brand Share and Market Share Analysis
  •  Key Drivers and Restraints Shaping Market Growth
  •  Segment-wise, Country-wise, and Region-wise Analysis
  •  Competition Mapping and Benchmarking
  •  Recommendation on Key Winning Strategies
  •  COVID-19 Impact on Demand for Fertility and How to Navigate
  •  Key Product Innovations and Regulatory Climate
  •  Fertility Consumption Analysis
  •  Fertility Production Analysis
  •  Fertility and Management