PUBLISHER: IMARC | PRODUCT CODE: 1792268
PUBLISHER: IMARC | PRODUCT CODE: 1792268
The global fertility services market size reached USD 46.1 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 142.0 Billion by 2033, exhibiting a growth rate (CAGR) of 12.65% during 2025-2033. There are several factors that are driving the market, which include rising number of infertility cases, increasing awareness and acceptance among individuals about a variety of fertility treatments, and favorable government initiatives like tax benefits.
Favorable Government Initiatives
In an effort to increase the birth rate, Shanghai integrated 12 forms of assisted reproductive technology (ART) into basic health insurance on May 31, 2024. This initiative reduced infertile couples' burden from expensive fertility treatments. Government agencies of various countries are making fertility treatments more accessible and affordable for individuals facing infertility issues by providing numerous services. They are providing direct financial assistance or subsidies for fertility treatments such as in vitro fertilization (IVF). This reduces the out-of-pocket costs for patients, thereby increasing fertility services demand. They are also investing in public fertility clinics to provide high-quality care at lower costs as compared to private clinics. This ensures that a wider range of people, regardless of their financial status, can access fertility services. In addition, governing authorities are establishing legal frameworks that regulate and support fertility treatments and ensuring that they are safe, ethical, and accessible. Furthermore, in some countries, the costs associated with fertility treatments may be tax-deductible, allowing individuals to reduce their taxable income and lessen the financial burden of these services.
Increasing Number of Infertility Cases
The growing number of infertility cases among the masses across the globe is offering a favorable fertility services market outlook. Individuals are dealing with these problems as a result of changing lifestyles, environmental influences, age-related problems, and medical ailments. Modern diets are deficient in vital nutrients, which can be harmful to reproductive health. In today's fast-paced lifestyle, high levels of stress are prevalent and can cause menstrual cycle disruption and sperm quality reduction. In addition to causing lifestyle disorders like diabetes and hypertension, chronic stress also causes infertility issues. Apart from this, the rising number of people are choosing to delay parenthood for various reasons including career aspirations, financial stability, and personal goals, which provide fertility services market insights. Furthermore, there is an increase in the demand for treatment devices that are beneficial in treating these issues among individuals. As per the research report of the IMARC Group, the global infertility treatment devices market is expected to reach US$ 729.5 Million by 2032.
Rising Awareness and Acceptance About a Variety of Treatment
The increasing awareness and acceptance of various fertility treatments among individuals is propelling the market growth. Governing agencies and non-governmental agencies around the world are organizing campaigns that benefit in generating awareness among individuals about the wide availability of treatment options available, which is bolstering the fertility services growth. These campaigns often use media, social platforms, and community outreach to disseminate information about the causes of infertility and the benefits of early intervention. Besides this, publicized instances involving celebrities who candidly talk about their infertility issues and usage of IVF, surrogacy, or egg freezing help to lessen the stigma attached to these procedures. Its visibility inspires others to investigate comparable choices without worrying about being judged by others. Furthermore, major companies in the market are engaging in partnerships and collaborations among major players to expand their services and increase fertility services market revenue. For instance, on 26 April 2023, a nationwide platform for family-building with flexible financing plans and concierge support services 'Future Family (FF)' and Prelude Network(R), a top provider of all-inclusive reproductive services in North America, established an exclusive agreement. The partnership will expand financial accessibility to premium fertility services and empower patients with more financial options and a proper understanding of treatment costs. FF also developed a personalized payment choice tool that allows patients to understand fertility costs based on their individual treatment plans.
Male infertility accounts for the majority of the market share
Male infertility issues can result from a number of factors including bad eating and poor exercise habits. Treatments like intracytoplasmic sperm injection (ICSI), in which a single sperm is injected straight into an egg, are becoming common, especially when it comes to low sperm counts or motility problems. Several medications and hormonal therapies are available to address specific causes of male infertility like hormonal imbalances or infections. These treatments are effective in providing a viable solution to male infertility.
In vitro fertilization with intracytoplasmic sperm injection (IVF with ICSI) holds the largest share of the industry
In vitro fertilization with intracytoplasmic sperm injection (IVF with ICSI) is beneficial in cases of severe male infertility, where traditional IVF methods might not be as effective. It is used to maximize the chances of fertilization among individuals. The growing demand for effective treatments like IVF with ICSI, as people are seeking assisted reproductive technologies (ART) to overcome infertility, is offering a favorable fertility services industry outlook.
Frozen non-donor represents the leading market segment
Frozen non-donor services include the use of frozen eggs or embryos from the intended mother or parents, without the involvement of donors. The preference for frozen non-donor services is likely driven by advancements in cryopreservation techniques, offering higher success rates and flexibility for patients in terms of timing their fertility treatments. Advancements in egg freezing techniques like vitrification are leading to higher survival rates of eggs during the freezing and thawing processes. This makes frozen eggs a more viable option for future fertility treatments and shows fertility services market dynamics.
Fertility clinics exhibit a clear dominance in the market
Fertility clinics offer a wide range of treatments like IVF, ICSI, egg and sperm donation, fertility preservation, and genetic testing. Their ability to provide a full spectrum of services under one roof makes them the go-to option for patients. These clinics often provide personalized treatment plans tailored to the specific needs of each patient, which increases the chances of patient satisfaction. Fertility services market highlights that fertility clinics are focusing on expanding their reach and establishing networks of clinics in various regions, making their services more accessible to a broader population. In addition, these clinics are staffed with experts in reproductive medicine including fertility specialists, embryologists, and genetic counselors, ensuring high-quality care. They are also equipped with the latest technology and lab facilities, which are crucial for performing advanced procedures.
Asia Pacific leads the market, accounting for the largest fertility services market share
The report has also provided a comprehensive analysis of all the major regional markets, which include Europe, North America, Asia Pacific, the Middle East and Africa, and Latin America. According to the report, Asia Pacific represents the largest regional market for fertility services.
Asia Pacific is home to some of the world's most populous countries such as China and India. With a large population, the number of people facing infertility is significant, driving the demand for fertility services. Urbanization, changing lifestyles, delayed marriages, and increasing age of first-time parents are contributing to rising infertility rates among individuals in the region. Moreover, fertility services industry report demonstrates that environmental factors such as pollution and exposure to toxins, play a crucial role. Besides this, governing authorities in the region are encouraging treatment solutions related to infertility. For instance, in 2024, government agencies in Maharashtra launched in-vitro fertilization (IVF) centers in some selected government-run medical colleges and hospitals (GMCH) to provide free treatment to thousands of couples grappling with infertility. The move was made in response to the alarming drop in Maharashtra's total fertility rate (TFR).
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)