PUBLISHER: Polaris Market Research | PRODUCT CODE: 1745909
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1745909
The global Assisted Reproductive Technology market size is expected to reach USD 50.24 billion by 2034, according to a new study by Polaris Market Research. The report "Assisted Reproductive Technology Market Size, Share, Trends, Industry Analysis Report: By Type (In-Vitro Fertilization (IVF) and Artificial Insemination), End Use, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The Assisted Reproductive Technology (ART) market encompasses a diverse array of medical procedures designed to address infertility challenges, ultimately aiming to facilitate conception. These techniques involve the manipulation of human reproductive cells, specifically eggs and sperm, or embryos outside of the body. The core of ART lies in overcoming natural barriers to fertilization and implantation, offering solutions for individuals and couples facing difficulties in achieving pregnancy through natural means. This market represents a significant segment within the broader healthcare industry, driven by the increasing global prevalence of infertility and the growing societal acceptance of medical interventions to achieve parenthood.
The Assisted Reproductive Technology market is experiencing substantial growth, propelled by several key factors. Rising infertility rates, influenced by delayed childbearing, lifestyle choices, and medical conditions, are a primary market drive. Furthermore, continuous advancements in ART procedures, such as improvements in In Vitro Fertilization (IVF), Intracytoplasmic Sperm Injection (ICSI), and Preimplantation Genetic Testing (PGT), are enhancing success rates and broadening the applicability of these treatments. The increasing awareness and acceptance of ART as a viable option, coupled with expanding access to fertility clinics and supportive regulatory environments in many regions, further contribute to the positive market outlook and ongoing market development of this crucial healthcare sector.
By type, In-vitro fertilization (IVF) currently holds the largest share of the Assisted Reproductive Technology market globally. This is primarily due to its higher success rates in addressing a broader spectrum of infertility issues compared to other ART procedures, making it the preferred choice for many facing complex fertility challenges worldwide.
By end use, fertility clinics & other facilities presently command the largest share of the Assisted Reproductive Technology market. Their specialized focus, advanced infrastructure, and concentration of expert medical professionals make them the primary destination for individuals and couples seeking comprehensive ART services globally.
By region, North America and Europe have historically been key regions, characterized by well-established healthcare infrastructure, high awareness of ART procedures, and supportive regulatory frameworks in many countries. The Asia Pacific region is emerging as a high-growth area, fueled by increasing medical tourism, rising disposable incomes, and a growing acceptance of ART as a solution for infertility.
The major players actively operating in the Assisted Reproductive Technology market include FUJIFILM Irvine Scientific, Inc., (FUJIFILM Holdings Corporation), CooperSurgical, Inc., (The Cooper Companies, Inc.), Vitrolife AB, Merck KGaA, Thermo Fisher Scientific Inc., Esco Micro Pte. Ltd., Genea Biomedx Pty Ltd, IVFtech a.s., Kitazato Corporation, and Boston IVF (IntegraMed Fertility).
Polaris Market Research has segmented the Assisted Reproductive Technology market report based on type, end use, and region:
By Type Outlook (Revenue-USD Billion, 2020-2034)
In-Vitro Fertilization (IVF)
Artificial Insemination
By End Use Outlook (Revenue-USD Billion, 2020-2034)
Fertility Clinics & other facilities
HospitalsOthers
By Regional Outlook (Revenue-USD Billion, 2020-2034)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia-Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America