Portland, OR, Feb. 13, 2023 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global fertility services market was estimated at $21.13 billion in 2021 and is expected to hit $90.79 billion by 2031, registering a CAGR of 16.1% from 2022 to 2031. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.
Download Free Sample Report- https://www.alliedmarketresearch.com/request-sample/4557
Report coverage & details:
| Forecast Period | 2022–2031 |
| Base Year | 2021 |
| Market Size in 2021 | $21.13 Billion |
| Market Size in 2031 | $90.79 Billion |
| CAGR | 16.1% |
| No. of Pages in Report | 251 |
| Segments Covered | Procedure, Service, End-user, and Region. |
| Drivers | Increase in adoption of unhealthy lifestyle by male and female population, such as consumption of alcohol, smoking, and lack of physical activity |
| Rise in adoption of in vitro fertilization(IVF) with intracytoplasmic sperm injection (ICSI) technology due to the high success rate in treating infertility | |
| Restraints | Lack of awareness among the population of low socioeconomic status regarding the availability of fertility services |
| High cost associated with IVF procedure | |
| Opportunities | Surge in the number of product launches and approvals for fertility services products |
Impact of Covid-19 on Fertility Services Market-
- Most of the fertility services such as in vitro fertilization (IVF), surrogacy, artificial insemination, and others were postponed or rescheduled owing to conversion of surgical centers and diagnostic centers into Covid-19 hospitals, which impacted the global fertility services market negatively.
- However, as the global situation started getting normalized, the market for fertility services also restored slowly and steadily.
The global fertility services market is analyzed across procedure, service, end-user, and region. The report takes in an exhaustive analysis of the segments and their sub-segments with the help of tabular and graphical representation. Investors and market players can benefit from the breakdown and devise stratagems based on the highest revenue-generating and fastest-growing segments stated in the report.
By procedure, the IVF with ICSE segment held the largest share in 2021, garnering more than three-fifths of the global fertility services market revenue, and is projected to maintain its dominance by 2031. The same segment would also showcase the fastest CAGR of 16.4% during the forecast period.
By service, the fresh non-donor segment contributed to more than half of the global fertility services market share in 2021, and is projected to rule the roost by 2031. The egg & embryo banking segment, on the other hand, would display the fastest CAGR of 18.3% throughout the forecast period.
For Purchase Inquiry- https://www.alliedmarketresearch.com/purchase-enquiry/4557
By end-user, the fertility clinics segment accounted for the highest share in 2021, generating more than half of the global fertility services market revenue. The same segment would also portray the fastest CAGR of 16.7% during the forecast period. The hospitals, surgical centers, and clinical research institutes are also analyzed in the report.
By region, Asia-Pacific held the major share in 2021, garnering nearly half of the global fertility services market revenue. The same region would also showcase the fastest CAGR of 17.1% from 2022 to 2031. The other provinces studied through the report include North America, Europe, and LAMEA.
The key market players analyzed in the global fertility services market report include Apollo Hospitals Enterprise Ltd., Care Fertility Group Ltd., Carolinas Fertility Institute, City Fertility, Virtus Health, Fertility Associates Limited, Genea Limited, Medicover Group, Monash IVF Group Limited, and Progyny Inc. These market players have embraced several strategies including partnership, expansion, collaboration, joint ventures, and others to highlight their prowess in the industry. The report is helpful in formulating the business performance and developments by the top players.
Trending Reports in Healthcare Industry:
Biomarkers Market - Global Opportunity Analysis and Industry Forecast, 2020–2030
Male Infertility Market - Global Opportunity Analysis and Industry Forecast, 2020-2030
Biosimilars Market - Global Opportunity Analysis and Industry Forecast, 2020-2030
Synthetic Biology Market- Global Opportunity Analysis and Industry Forecast, 2020–2030
Medical/Diagnostic Imaging Market - Global Opportunity Analysis and Industry Forecast, 2020–2030
Dialysis Market- Global Opportunity Analysis and Industry Forecast, 2020–2030
AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model) Offered by Allied Market Research:
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
Get an access to the library of reports at any time from any device and anywhere. For more details, follow the link: https://www.alliedmarketresearch.com/library-access
“We have also published few syndicated market studies in the similar area that might be of your interest. Below are the report title for your reference, considering Impact of Covid-19 Over This Market which will help you to assess after effects of pandemic on short-term and long-term growth trends of this market.”
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter
