Fertility Services Market is Expected to Showcase Rampant Growth Over 2030

Pune, India, July 2023, MRFR Press Release/- Market Research Future has published a Cooked Research Report on the Global Fertility Services Market. Market Research Future (MRFR) has published a cooked research report on the “Global Fertility Services Market” that contains information from 2018 to 2032. 


Market Highlights


The Global Fertility Services Market is accounted to register a CAGR of 10.02% during the forecast period and is estimated to reach USD 93.92 billion by 2032.


The global fertility services market has experienced significant growth in recent years, driven by various factors such as increasing infertility rates, advancements in reproductive technologies, growing awareness and acceptance of assisted reproduction, and changing lifestyles and preferences. Additionally, factors like delayed pregnancies due to career pursuits and lifestyle choices, rising prevalence of conditions like polycystic ovary syndrome (PCOS), and the availability of favorable reimbursement policies have also contributed to market growth.


Key Players


MRFR recognizes the following companies as the key players in the Global Fertility Services Market — Merck KGaA, Cook Medical, Irvine Scientific Company Inc., Copper Surgical, Kitazato Cooperation, Vitrolife, Ferring B. V, Invo Bioscience, Monash IVF Group, and Care Fertility


Segment Analysis


The Global Fertility Services Market has been segmented based Underlying Cause, Treatment type.


The fertility services market segmentation, based on underlying cause, includes male infertility, and female infertility. The male Infertility segment held the majority share in 2021 contribution to around ~55% in respect to the fertility services market revenue. The market for male infertility is anticipated to be driven in the next years by rising infertility rates around the world and the introduction of assisted reproductive technologies (ARTs). Males with issues including low sperm count, aberrant sperm quality, and poor motility can find relief with ARTs, which span a broad spectrum of Fertility Services.


The fertility services market data has been bifurcated by Treatment Type into ART and infertility drugs. The ART segment dominated the market in 2021 and is projected to be the faster-growing segment during the forecast period, 2022-2030. During the projected period, factors including increased infertility rates, increasing ART success rates, and rising disposable income in developing nations are anticipated to propel industry expansion. World Health Organization Statistics 2020 estimates that 186 million people worldwide struggle with infertility-related issues. Numerous variables, including sexually transmitted infections (STIs), an increase in cigarette smoking, cases of obesity, endometriosis, polycystic ovary syndrome (PCOS), primary ovarian insufficiency (POC), and others, might be blamed for the rising prevalence of infertility


Browse In-depth Market Details [Table of Content, List of Figures, List of Tables] of Fertility Services Market Research Report


Regional Analysis


The Global Fertility Services Market, based on region, has been divided into North America, Europe, Asia-Pacific and Rest of the World. Europe Fertility Services market accounted for USD 12.6871 billion in 2021 and is expected to exhibit a significant CAGR growth during the study period. The large percentage is ascribed to an increase in the infertility rate, greater knowledge of Fertility Services, developments in technology, and encouraging government programs. For instance, the European Union has the highest rate of infertility in the world—approximately 25 million people—according to the European Society of Human Reproduction and Embryology. During the projection period, North America is anticipated to experience significant expansion. The growth is linked to the success that people experiencing the treatment are experiencing. Further, the Germany Fertility Services market held the largest market share, and the UK Fertility Services market was the fastest growing market in the European region


North America Fertility Services market accounts for the second-largest market share. owing to the launch and rapid uptake of multiple infertility medicines. Increasing research activities in the region in the field of infertility are projected to open new opportunities in the region. Further, the US Fertility Services market held the largest market share, and the Canada Fertility Services market was the fastest growing market in the European region


The Asia-Pacific Fertility Services Market is expected to grow at the fastest CAGR from 2022 to 2030. The growth of the region is attributed to the presence of key players in the market and strategic initiatives undertaken by them to develop and commercialize new infertility medicinal products to treat patients. Moreover, China Fertility Services market held the largest market share, and the India Fertility Services market was the fastest growing market in the Asia-Pacific region


Key Findings of the Study



  • The Global Fertility Services Market is expected to reach USD 93.92 billion by 2032, at a CAGR of 10.02% during the forecast period.

  • The Asia-Pacific Fertility Services Market is expected to grow at the fastest CAGR from 2023 to 2032. The growth of the region is attributed to the presence of key players in the market and strategic initiatives undertaken by them to develop and commercialize new infertility medicinal products to treat patients.

  • The fertility services market segmentation, based on underlying cause, includes male infertility, and female infertility. T

  • Merck KGaA, Cook Medical, Irvine Scientific Company Inc., Copper Surgical, Kitazato Cooperation, Vitrolife, Ferring B. V, Invo Bioscience, Monash IVF Group, and Care Fertility

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Report details
Base Year 2023
Companies Covered 15
Pages 108
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
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