PUBLISHER: IMARC | PRODUCT CODE: 1298635
PUBLISHER: IMARC | PRODUCT CODE: 1298635
Fertility Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The global fertility services market size reached US$ 35.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 84.0 Billion by 2028, exhibiting a growth rate (CAGR) of 15.5% during 2023-2028.
Fertility services refer to the procedures provided as a treatment for infertility. Infertility is defined as the inability to conceive or carry a full-term pregnancy. Among males, it is identified by a low sperm count or is a result of hormonal imbalance in men. For females, infertility refers to the lack of proper functioning of glands such as hypothalamus and pituitary gland that stimulate hormones in the brain to trigger the ovaries to release an egg. Fertility treatments include medications and procedures that increase the chances of pregnancy. They involve fertility drugs, artificial insemination, In Vitro Fertilization (IVF), egg-freezing or oocyte cryopreservation, surrogacy, Assisted Reproductive Technology (ART) procedures, etc. They assist infertile couples, single parents and members of the LGBT community to plan a family.
The expanding career-oriented population base has led to the increasing prevalence of delayed pregnancies, which is contributing significantly to the market growth. Owing to concerns such as expensive childcare services, academic or career ambitions, and a lack of financial stability, people often opt to have children late in life when they are more mature and financially established. However, excessive workload and the accompanying stress along with sedentary lifestyle habits including smoking and consumption of drugs lead to infertility issues among many of them. Moreover, the rising prevalence of various medical ailments such as endometrial tuberculosis, polycystic ovarian syndrome (PCOS) and sexually transmitted diseases (STDs) that can cause infertility, is also projected to catalyze the growth of the market. Additionally, growing awareness among individuals and increasing accessibility to improved healthcare facilities have further increased the adoption of these services in both developed and emerging economies. Other factors such as increasing advertising and promotion of fertility services on televisions and online portals along with the rising disposable incomes and flexible coverage offered by health insurance companies are also augmenting the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global fertility services market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on cause of infertility, procedure, service and end-user.
Breakup by Cause of Infertility:
- Male Infertility
- Female Infertility
Breakup by Procedure:
- In Vitro Fertilization with Intracytoplasmic Sperm Injection (IVF with ICSI)
- Surrogacy
- In Vitro Fertilization Without Intracytoplasmic Sperm Injection (IVF without ICSI)
- Intrauterine Insemination (IUI)
- Others
Breakup by Service:
- Fresh Non-Donor
- Frozen Non-Donor
- Egg and Embryo Banking
- Fresh Donor
- Frozen Donor
Breakup by End-User:
- Fertility Clinics
- Hospitals
- Surgical Centres
- Clinical Research Institutes
- Cryobanks
Breakup by Region:
- Europe
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Instituto Bernabeu Group, INVO Bioscience, Inc., Monash IVF Group, Apollo Hospitals Enterprise Ltd., CARE Fertility Group Ltd., Carolinas Fertility Institute, Genea Limited, The Cooper Companies, Inc., Virtus Health Group, Vitrolife Sweden AB, The Johns Hopkins Health System Corporation, Medicover AB (publ), OvaScience, Inc., Progyny, Inc., and Xytex Corporation.
IMARC Group's latest report provides a deep insight into the global fertility services market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the fertility services market in any manner.
Key Questions Answered in This Report:
- What was the size of the global fertility services market in 2022?
- What is the expected growth rate of the global fertility services market during 2023-2028?
- What has been the impact of COVID-19 on the global fertility services market?
- What are the key factors driving the global fertility services market?
- What is the breakup of the global fertility services market based on the cause of infertility?
- What is the breakup of the global fertility services market based on the procedure?
- What is the breakup of the global fertility services market based on the service?
- What is the breakup of the global fertility services market based on the end-user?
- What are the key regions in the global fertility services market?
- Who are the key players/companies in the global fertility services market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Fertility Services Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Breakup by Cause of Infertility
- 5.5 Market Breakup by Procedure
- 5.6 Market Breakup by Service
- 5.7 Market Breakup by End-User
- 5.8 Market Breakup by Region
- 5.9 Market Forecast
6 Market Breakup by Cause of Infertility
- 6.1 Male Infertility
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Female Infertility
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Procedure
- 7.1 In Vitro Fertilization with Intracytoplasmic Sperm Injection (IVF with ICSI)
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Surrogacy
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 In Vitro Fertilization Without Intracytoplasmic Sperm Injection (IVF without ICSI)
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Intrauterine Insemination (IUI)
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by Service
- 8.1 Fresh Non-Donor
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Frozen Non-Donor
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Egg and Embryo Banking
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Fresh Donor
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Frozen Donor
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
9 Market Breakup by End-User
- 9.1 Fertility Clinics
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Hospitals
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Surgical Centres
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
- 9.4 Clinical Research Institutes
- 9.4.1 Market Trends
- 9.4.2 Market Forecast
- 9.5 Cryobanks
- 9.5.1 Market Trends
- 9.5.2 Market Forecast
10 Market Breakup by Region
- 10.1 Europe
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 North America
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 10.3 Asia Pacific
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
- 10.4 Middle East and Africa
- 10.4.1 Market Trends
- 10.4.2 Market Forecast
- 10.5 Latin America
- 10.5.1 Market Trends
- 10.5.2 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Instituto Bernabeu Group
- 15.3.2 INVO Bioscience, Inc.
- 15.3.3 Monash IVF Group
- 15.3.4 Apollo Hospitals Enterprise Ltd.
- 15.3.5 CARE Fertility Group Ltd.
- 15.3.6 Carolinas Fertility Institute
- 15.3.7 Genea Limited
- 15.3.8 The Cooper Companies, Inc.
- 15.3.9 Virtus Health Group
- 15.3.10 Vitrolife Sweden AB
- 15.3.11 The Johns Hopkins Health System Corporation
- 15.3.12 Medicover AB (publ)
- 15.3.13 OvaScience, Inc.
- 15.3.14 Progyny, Inc.
- 15.3.15 Xytex Corporation
List of Figures
- Figure 1: Global: Fertility Services Market: Major Drivers and Challenges
- Figure 2: Global: Fertility Services Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Fertility Services Market: Breakup by Cause of Infertility (in %), 2022
- Figure 4: Global: Fertility Services Market: Breakup by Procedure (in %), 2022
- Figure 5: Global: Fertility Services Market: Breakup by Service (in %), 2022
- Figure 6: Global: Fertility Services Market: Breakup by End-User (in %), 2022
- Figure 7: Global: Fertility Services Market: Breakup by Region (in %), 2022
- Figure 8: Global: Fertility Services Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 9: Global: Fertility Services Industry: SWOT Analysis
- Figure 10: Global: Fertility Services Industry: Value Chain Analysis
- Figure 11: Global: Fertility Services Industry: Porter's Five Forces Analysis
- Figure 12: Global: Fertility Services (Male Infertility) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 13: Global: Fertility Services (Male Infertility) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 14: Global: Fertility Services (Female Infertility) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 15: Global: Fertility Services (Female Infertility) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 16: Global: Fertility Services (In Vitro Fertilization with Intracytoplasmic Sperm Injection) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 17: Global: Fertility Services (In Vitro Fertilization with Intracytoplasmic Sperm Injection) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 18: Global: Fertility Services (Surrogacy) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 19: Global: Fertility Services (Surrogacy) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 20: Global: Fertility Services (In Vitro Fertilization Without Intracytoplasmic Sperm Injection) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 21: Global: Fertility Services (In Vitro Fertilization Without Intracytoplasmic Sperm Injection) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 22: Global: Fertility Services (Intrauterine Insemination) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 23: Global: Fertility Services (Intrauterine Insemination) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 24: Global: Fertility Services (Other Procedures) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 25: Global: Fertility Services (Other Procedures) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 26: Global: Fertility Services (Fresh Non-Donor) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 27: Global: Fertility Services (Fresh Non-Donor) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 28: Global: Fertility Services (Frozen Non-Donor) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 29: Global: Fertility Services (Frozen Non-Donor) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 30: Global: Fertility Services (Egg and Embryo Banking) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 31: Global: Fertility Services (Egg and Embryo Banking) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 32: Global: Fertility Services (Fresh Donor) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 33: Global: Fertility Services (Fresh Donor) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 34: Global: Fertility Services (Frozen Donor) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 35: Global: Fertility Services (Frozen Donor) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 36: Global: Fertility Services (Fertility Clinics) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 37: Global: Fertility Services (Fertility Clinics) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 38: Global: Fertility Services (Hospitals) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 39: Global: Fertility Services (Hospitals) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 40: Global: Fertility Services (Surgical Centres) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 41: Global: Fertility Services (Surgical Centres) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 42: Global: Fertility Services (Clinical Research Institutes) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 43: Global: Fertility Services (Clinical Research Institutes) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 44: Global: Fertility Services (Cryobanks) Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 45: Global: Fertility Services (Cryobanks) Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 46: Europe: Fertility Services Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 47: Europe: Fertility Services Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 48: North America: Fertility Services Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 49: North America: Fertility Services Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 50: Asia Pacific: Fertility Services Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 51: Asia Pacific: Fertility Services Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 52: Middle East and Africa: Fertility Services Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 53: Middle East and Africa: Fertility Services Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 54: Latin America: Fertility Services Market: Sales Value (in Billion US$), 2017 & 2022
- Figure 55: Latin America: Fertility Services Market Forecast: Sales Value (in Billion US$), 2023-2028
List of Tables
- Table 1: Global: Fertility Services Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Fertility Services Market Forecast: Breakup by Cause of Infertility (in Billion US$), 2023-2028
- Table 3: Global: Fertility Services Market Forecast: Breakup by Procedure (in Billion US$), 2023-2028
- Table 4: Global: Fertility Services Market Forecast: Breakup by Service (in Billion US$), 2023-2028
- Table 5: Global: Fertility Services Market Forecast: Breakup by End-User (in Billion US$), 2023-2028
- Table 6: Global: Fertility Services Market Forecast: Breakup by Region (in Billion US$), 2023-2028
- Table 7: Global: Fertility Services Market: Competitive Structure
- Table 8: Global: Fertility Services Market: Key Players
