The report highlights the current impact of COVID-19 on the Assisted Reproductive Technology (ART) Market along with the latest economic scenario and changing dynamics of the market. It analyzes the impact of the pandemic on market growth and remuneration. The pandemic has changed the economic scenario of the world and has affected several sectors of the market. The report estimates the market for Assisted Reproductive Technology (ART) Market according to the impact of COVID-19.
The global assisted reproductive technology market size is expected to reach USD 54.75 Billion at a steady revenue CAGR of 9.7% in 2028, according to latest analysis by Emergen Research. Assisted Reproductive Technology (ART) market revenue growth is driven by increasing popularity of In-Vitro Fertilization (IVF) (with or without Intracytoplasmic Sperm Injection (ICSI)) and artificial insemination, among other technologies.Infertility is a multi-faceted issue involving social, cultural, and economic implications, which may reach threatening extents in countries reporting lower fertility rates. According to statistics published by WHO, around 48 million couples and 186 million individuals live with infertility globally. Growing incidence of ovulation problems with irregular or no periods is a common cause of infertility in women. Increased awareness pertaining to various fertility treatments among younger generation and more women opting for such fertility treatments is driving growth of the market.
Covid impact analysis:
The global Assisted Reproductive Technology (ART) Market report by emergen research is the latest document covering the changes in the market dynamics and trends that have followed the COVID-19 outbreak. The global health emergency has brought about unprecedented changes in the global economic scenario, drastically affecting the Assisted Reproductive Technology (ART) Market landscape, disrupting its supply chains, and causing volatility in prices and demand for products. The report analyzes the impact of the pandemic on the Assisted Reproductive Technology (ART) Market industry and highlights its beleaguered segments. However, our analysts speculate that the market will regain traction in the post-COVID scenario.
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Major companies in the market include Origio, Cryolab Ltd., Bloom IVF Center, Ferring Pharmaceuticals, Cosmos Biomedical, Irvine Scientific, European Sperm Bank, Ovascience, Parallabs, and Microm UK Ltd.
Overview of the TOC of the Report:
- Regional analysis with sales, revenue, and market share for each region for the forecast period
- Country-wise analysis of the market by type, application, and manufacturers
- Market Segmentation based on types
- Market segmentation based on applications
- Historical and forecast estimation
Emergen Research has segmented the global assisted reproductive technology market on the basis of procedure, technology, end-use, and region:
Procedure Outlook (Revenue, USD Billion; 2018-2028)
- Fresh Donor
- Fresh Non-Donor
- Frozen Donor
- Frozen Non-Donor
- Egg/Embryo Banking
Technology Outlook (Revenue, USD Billion; 2018-2028)
- In-Vitro Fertilization (IVF)
- In-Vitro Fertilization (IVF) with Intracytoplasmic Sperm Injection (ICSI)
- In-Vitro Fertilization (IVF) without Intracytoplasmic Sperm Injection (ICSI)
- Artificial Insemination
- Frozen Embryo Transfer (FET)
End-Use Outlook (Revenue, USD Billion; 2018-2028)
- Fertility Clinics
Key Geographies Profiled in the Report:
- North America (the U.S., Mexico, and Canada)
- Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
- Europe (the U.K., France, Germany, and Rest of Europe)
- Latin America (Brazil and Rest of Latin America)
- Middle East & Africa (GCC Countries and Rest of Middle East & Africa)
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Key questions answered in the report:
Which are the five top players of the Assisted Reproductive Technology (ART) Market ?
How will the Assisted Reproductive Technology (ART) Market change in the next five years?
Which product and application will take a lion’s share of the Assisted Reproductive Technology (ART) Market ?
What are the drivers and restraints of the Assisted Reproductive Technology (ART) Market ?
Which regional market will show the highest growth?
What will be the CAGR and size of the Assisted Reproductive Technology (ART) Market throughout the forecast period?
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