Global Fertility Services Market 2016-2020

April 11, 2016
This market research report includes a detailed segmentation of the global fertility services market by treatment type (infertility drugs and ART) and by underlying cause (male infertility and female infertility). It also outlines the market shares of key regions such as the Americas, APAC, and EMEA. The key vendors analyzed in this report are Care Fertility, CooperSurgical, Ferring Pharmaceuticals, Merck, Monash IVF, and Vitrolife.

Market outlook of the global fertility services market

Technavio’s market research analyst predicts the global fertility services market to grow steadily at a CAGR of nearly 9% during the forecast period. The increase in fertility complications is one of the major drivers for the growth of the market. With age, human body starts undergoing various medical and hormonal changes. Likewise, infertility among women is also an age-related issue. Medically, women above the age of 35 are vulnerable to fertility complications. As per Technavio’s report, about 20% of women in the age range of 35-44 undergo fertility services to increase their chances of pregnancy, thus boosting the growth of the fertility services market.

Along with the increase in fertility issues among women, there has also been an increase in the number of fertility clinics worldwide, which is a trending factor contributing to the growth of the market. The rapid rise in the number of fertility clinics is increasing the accessibility of fertility services across the globe, thus facilitating couples to choose clinics based on their convenience.

Segmentation by underlying cause and analysis of the fertility services market

  • Male infertility
  • Female infertility

Female infertility is a very common problem in about 10% of women in the age range of 15-44 years. As per the NICE guidelines, female infertility is the inability of a woman of reproductive age to conceive after one year of unprotected vaginal intercourse. Ovulation disorders, submucosal fibroids, pelvic inflammatory disease, and endometriosis are few of the factors that can cause infertility in women.

Geographical segmentation and analysis of the fertility services market

  • Americas
  • APAC
  • EMEA

EMEA led the fertility services market during 2015, with countries such as the UK, France, Germany, Italy, and Spain being the major revenue contributors. The primary factors contributing to the growth of the market in this region is increased demand for infertility treatments and the increase in sedentary lifestyles. It has been noted that birth rates throughout the EMEA region have declined significantly.

Competitive landscape and key vendors

The global fertility services market is highly competitive, which is propelled by M&A and investment in R&D activities for the development of novel products. Moreover, a lot of new players are also expected to foray into the market during the forecast period because of the high revenue-generating potential of the market, which will further increase the competition in the market. Thus, manufacturers are adopting strategies such as acquiring local distributors and establishing alliances with fertility centers or clinics to enhance their market share.

The leading vendors in the market are -

  • Carefertility
  • Coopersurgical
  • Ferring Pharmaceuticals
  • Merck
  • MonashIVF
  • Vitrolife

Other prominent vendors in the market include Abbott Laboratories, AbbVie, Actavis, Apricus Biosciences, AstraZeneca, Auxogyn, Bristol-Myers Squibb, Cell Cura, Dong-A Socio, Elelixis Diagnostics, Eli Lilly, EMD Serono, Fertility Focus, Halotech, HRA Pharma, IKS International, In Vitro Care, Invo Bioscience, Irvine Scientific, IVFtech Aps, Kitazato, Life Global, Medical Electronic Systems, Meditex, Microtech IVF, Nidacon International, Novartis, NuSep, Ovascience, Pantec Biosolutions, Pfizer, PregLem, Reproductive Health Science, ReproTech, Sanofi, Smiths Medical International, Sperm Processor, Vitrolife, Vivus, and Xytex Cryo International.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the global fertility services market?
  • What are the key market trends impacting the growth of the global fertility services market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global fertility services market?
  • What are the market opportunities and threats faced by the vendors in the global fertility services market?
  • What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
  • What are the key outcomes of the five forces analysis of the global fertility services market?

Technavio also offers customization on reports based on specific client requirement.

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