The Global Infertility Testing and Treatment Market Assessed to Upsurge at $32.94 Billion by 2028

July 30 15:55 2021
The Global Infertility Testing and Treatment Market Assessed to Upsurge at $32.94 Billion by 2028

The Global Infertility Testing and Treatment Market
As per Triton’s research report, the global infertility testing and treatment market garnered $13.43 billion in 2020, and is estimated to progress at a CAGR of 10.15% by 2028.

A recent study by Triton Market Research titled ‘Global Infertility Testing and Treatment Market’ includes the Global Analysis and Forecasts by Gender (Male [Male Infertility Testing (DNA Fragmentation, Computer-Assisted Semen Analysis (CASA), Oxidative Stress Analysis, Sperm Agglutination, Sperm Penetration Assay, Microscopic Examination, Others), Male Infertility Treatment (Medication, Assisted Reproductive Technology & Varicocele Surgery)], Female [Female Infertility Testing (Hormonal Level Testing, Laparoscopy, Transvaginal Ultrasound, Ovarian Reserve Testing, Ovulation Testing, Hysterosalpingography, Others), Female Infertility Treatment (IVF with ICSI, IVF without ICSI, IUI, Surrogacy, Others)]), End-user (Fertility and Surgical Centers, Hospitals and Research Laboratories, Cryobanks),  and by Geography (Asia-Pacific, Middle East and Africa, Europe, Latin America, North America).  

 

Over the years, the changes in lifestyle and poor nutrition have caused the number of infertility cases to surge globally. The testing and treatments available are different for males and females. 

 

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Triton Market Research’s report suggests that the global infertility testing and treatment market is expected to witness a growth at a CAGR of 10.15% over the forecast period 2021-2028, gaining revenue worth $32.94 billion by 2028. 

The rise in stress and lifestyle diseases, advancements in treatments, and trends of delayed pregnancies are significant factors supplementing the expansion of the infertility testing and treatment market. For instance, stress causes involuntary body responses, leading to an imbalance of hormones. Thus, chronic stress can severely impact hormonal health, increasing the need for infertility treatments. However, the high cost of infertility treatments and risks relating to these procedures impede the overall development of the infertility testing and treatment market.  

The infertility testing and treatment market is divided into gender and end-user. Based on gender, it is bifurcated into male and female. Here, the male section is further segmented into male infertility testing and male infertility treatment; male infertility testing is subdivided into male infertility testing (DNA fragmentation, computer-assisted semen analysis (CASA), oxidative stress analysis, sperm agglutination, sperm penetration assay, microscopic examination, and others. Similarly, male infertility treatment is sectioned into medication and assisted reproductive technology & varicocele surgery. 

Furthermore, the female segment is divided into female infertility testing and female infertility treatment; female infertility testing is categorized into hormonal level testing, laparoscopy, transvaginal ultrasound, ovarian reserve testing, ovulation testing, hysterosalpingography, and others. Likewise, female infertility treatment is branched into IVF with ICSI, IVF without ICSI, IUI, surrogacy, and others. Lastly, the end-user section is sub-sectioned into fertility and surgical centers, hospitals and research laboratories, and cryobanks.    

Geography, North America is leading in the infertility testing treatment market. The region’s strong growth can be attributed to enhanced fertility treatments. Moreover, the advancements in technologies have supported the effectiveness of the treatments, driving the development of the studied market. Other than this, there is a high demand for treatments like surrogacy. Therefore, as mentioned above, all these factors are likely to drive the growth of the infertility testing and treatment market over the considered phase across North America. 

Bangkok IVF Center, Vitrolife AB, Progyny, Olympus Corporation, Ferring Pharmaceuticals, Cooper Surgical, Create Fertility Centre, Halotech DNA, Genea Ltd, Cook Medical Inc, Fujifilm Irvine Scientific, Endo International Plc, Labotect GmbH, EMD Group (Merck KGAA), and Adorfem are major companies in the infertility testing and treatment market. 

 

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Question & Answer: Infertility Testing and Treatment Market

Question 1: What major factors are supplementing the expansion of the infertility testing and treatment market?

Answer: The rise in stress and lifestyle diseases, advancements in treatments, and trends of delayed pregnancies are significant factors supplementing the expansion of the infertility testing and treatment market. For instance, stress causes involuntary body responses, leading to an imbalance of hormones. Thus, chronic stress can severely impact hormonal health, increasing the need for infertility treatments. 

Question 2: What factors impede the overall development of the infertility testing and treatment market?

Answer:  The high cost of infertility treatments and risks relating to these procedures impede the overall development of the infertility testing and treatment market.  

Question 3: Which region is leading in the infertility testing treatment market?

Answer: Geography, North America is leading in the infertility testing treatment market. The region’s strong growth can be attributed to enhanced fertility treatments. Moreover, the advancements in technologies have supported the effectiveness of the treatments, driving the development of the studied market. Other than this, there is a demand for treatments like surrogacy. Therefore, as mentioned above, all these factors are likely to drive the growth of the infertility testing and treatment market over the considered phase across North America. 

Question 4: Which are the major companies in the infertility testing and treatment market?

Answer: Bangkok IVF Center, Vitrolife AB, Progyny, Olympus Corporation, Ferring Pharmaceuticals, Cooper Surgical, Create Fertility Centre, Halotech DNA, Genea Ltd, Cook Medical Inc, Fujifilm Irvine Scientific, Endo International Plc, Labotect GmbH, EMD Group (Merck KGAA), and Adorfem are major companies in the infertility testing and treatment market.

 

Related Report:

Global Stem Cell Market 

The global stem cell market is anticipated to develop at a CAGR of 7.54% during the forecast period of 2021-2028, while gathering $16782.2 million in revenue by 2028.

Stem cells have shown potential for tissue regeneration and wound repair in a paracrine manner. Due to the rapid increase in the aging population, chronic diseases have surged in the recent past. This has led to the rise in demand for stem cell treatments in the healthcare industry. 

The studied market’s growth is supported by the rising awareness about umbilical cord stem cells, along with the growing demand for regenerative medicine. Additionally, advancements in technology and the risk of adverse immune reactions have opened new avenues for the stem cell market. 

However, ethical concerns related to stem cells, the high cost of stem cell procedures, and stringent rules negatively impact the considered market’s future growth.

 

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