The latest Assisted Reproductive Technology Market study, blends in qualitative and quantitative research techniques to present vital data on the competitive landscape for the period of 2021 – 2030 .The report is furnished with the latest updates about the current market scenario with regards to the COVID-19 pandemic. The report considers COVID-19 as a key contributor to the dynamically altered market scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market.
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.
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Covid 19 impact analysis:The reort is updated with the latest economic scenario and market scope with regard to the ongoing COVID-19 pandemic. The report covers growth prospects as well as current and futuristic revenue estimations in a post COVID scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market.
Market Drivers:
The constant efforts of prominent players to develop newer and modern technologies and product advancements are expected to drive the growth of the industry over the coming years. The report studies the extensive business expansion plans and advancements in R&D activities and product portfolio. The report offers a clear understanding of the alliances in the market, such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches and brand promotions, and corporate deals.
Key Points of Assisted Reproductive Technology Market :
· Extensive coverage of the analysis of the Assisted Reproductive Technology Market
· Key insights into the regional spread of the industry in key geographies
· Radical insights into the vital market trends; both current and emerging trends, and factors influencing the growth of the market
· Comprehensive coverage of the impact of the COVID-19 pandemic on the overall growth of the Assisted Reproductive Technology Market market
· Complete data about the key manufacturers and vendors in the Assisted Reproductive Technology Market market
Key participants include Origio, Cryolab Ltd., Bloom IVF Center, Ferring Pharmaceuticals, Cosmos Biomedical, Irvine Scientific, European Sperm Bank, Ovascience, Parallabs, and Microm UK Ltd.
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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)
1. In-Vitro Fertilization (IVF) with Intracytoplasmic Sperm Injection (ICSI)
2. In-Vitro Fertilization (IVF) without Intracytoplasmic Sperm Injection (ICSI)
· Artificial Insemination
· Frozen Embryo Transfer (FET)
· Others
End-Use Outlook (Revenue, USD Billion; 2018-2028)
· Hospitals
· Fertility Clinics
· Others
Regional Analysis:
The report sheds light on the region expected to dominate the Assisted Reproductive Technology Market market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Assisted Reproductive Technology Market market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.
Radical Highlights of the Assisted Reproductive Technology Market Market Report:
· Comprehensive overview of the Assisted Reproductive Technology Market market along with analysis of the changing dynamics of the market
· Growth Assessment of various market segments throughout the forecast period
· Regional and global analysis of the market players, including their market share and global position
· Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
· Impact of the technological developments and R&D advancements on the Assisted Reproductive Technology Market market
· Information about profit-making strategies and developmental strategies of major companies and manufacturers
· Insightful information for the new entrants willing to enter the market
· Details and insights about business expansion strategies, product launches, and other collaborations
· The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
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