Infertility Treatment Devices Market by Product and Geography - Forecast and Analysis 2022-2026
| Published: Jan 2022 | Pages: 120 | SKU: IRTNTR72162 |
“The Infertility Treatment Devices Market is poised to grow by USD 722.40 million during 2022-2026, accelerating at a CAGR of 7.75% during the forecast period”
Technavio market report provides a holistic analysis, market size and forecast, trends, growth drivers, challenges, and vendor analysis covering around 15 vendors. Furthermore, this report extensively covers market segmentation by product (devices, media, and accessories) and geography (Asia, North America, Europe, and ROW). The market report also offers information on several market vendors, including Cook Medical LLC, CooperSurgical Inc., DxNow, Eppendorf AG, Esco Micro Pte. Ltd., Hamilton Thorne Ltd., IVFtech ApS, Merck KGaA, Rocket Medical Plc, and Vitrolife AB among others.
What will the Infertility Treatment Devices Market Size be During the Forecast Period?
Download Report Sample to Unlock the Infertility Treatment Devices Market Size for the Forecast Period and Other Important Statistics
Parent Market Analysis
Our Technavio Research categorizes the report belonging to Health Care Equipment and Supplies Industry for the market. Technavio is based on four simple principles: easy-to-access reports, robust industry coverage, a focus on new and emerging technologies, and competitive pricing. We believe in helping companies and executives become better equipped to make faster, sounder, and more effective decisions.
Infertility Treatment Devices Market: Key Drivers, Trends, and Challenges
Technavio Research categorizes the global Infertility Treatment Devices Market belonging to the Health Care Equipment and Services Industry. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic's impact on the industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the forecast year.
The market is extremely competitive with all sizes of businesses, including large, medium, and small-sized companies vying to monopolize the market. The tremendous development in various fields such as product innovations and new product launches by manufacturers operating in the market will drive the growth further.
Key Market Driver
- One of the key factors driving global market growth is the increase in the prevalence of infertility.
- According to a Centers for Disease Control and Prevention (CDC) report of 2020, about 7% of married women aged 15-44 years in the US cannot get pregnant after a year of trying to conceive. Also, about 12% of women aged 15-44 years in the US have difficulty carrying a pregnancy to term, which is termed impaired fecundity.
- Most couples struggle with infertility and seek medical help for conception or pregnancy problems. As per a CDC report of 2020, male and female factors contributed equally to about 35% of infertility cases. Such factors are expected to increase the demand for infertility treatment devices, thereby positively impacting the market in focus during the forecast period.
KeyMarket Trend
- Another key factor driving the global market growth is the emerging trend of delayed pregnancies among women owing to factors such as the focus on careers and the lack of readiness to take up childcare responsibilities are common reasons.
- With the increase in the average age of women giving birth, the risk of infertility also increases because fertility declines with age. Further, with age, the risk of conditions such as diabetes and hypertension increases, which further complicates a pregnancy.
- Fecundity begins to decrease after a woman reaches her 40s. Thus, the rising chances of infertility is expected to increase the potential demand for infertility treatment devices, which will support the market growth during the coming five years.
Key Market Challenge
- One of the key challenges to the global market growth is the ethical, legal, and social concerns related to infertility treatment. New reproductive technologies have spawned various ethical concerns and attracted public debate and wide media attention.
- Infertility treatment raises multiple moral and legal issues, such as guidelines for semen banking, the legality of surrogacy, the mode of conceiving, and the child's right to access genetic background. Furthermore, ethical issues concern the selection of eggs, the creation of embryos, and the disposal of unused embryos.
- Ethical issues around third-party ART involve the selection and sale of reproductive materials and the collaborators' regulations, rights, and responsibilities. Such concerns could hamper the demand for infertility treatment devices, which is expected to impede the growth of the market in focus during the forecast period.
Who are the Major Infertility Treatment Devices Market Vendors?
The vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading market vendors such as
- Cook Medical LLC
- CooperSurgical Inc.
- DxNow
- Eppendorf AG
- Esco Micro Pte. Ltd.
- Hamilton Thorne Ltd.
- IVFtech ApS
- Merck KGaA
- Rocket Medical Plc
- Vitrolife AB
Market Overview
The parent market, global healthcare equipment market covers products and companies engaged in research and development (R&D) of a variety of product categories, including capital equipment, instruments, implants, accessories, and consumables that are used for the diagnosis, monitoring, and treatment of various diseases. Technavio calculates the global healthcare equipment market size based on combined revenue generated by manufacturers of various diagnostic equipment and devices used across the therapy areas.
Infertility Treatment Devices Market Value Chain Analysis
In this report, we provide extensive information on the value chain analysis for the market. Our data covers all key stages of a market flow and provides a complete understanding of all aspects of the market logistics value chain. This includes an end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies.
Which are the Key Regions for Infertility Treatment Devices Market?
34% of the market’s growth will originate from Asia during the forecast period. Taiwan, Thailand, and Singapore are the key markets for infertility treatment devices in Asia. Market growth in Asia will be faster than the growth of the market in ROW.
The infertility treatment devices market in Asia is expected to proliferate during the forecast period. The significant factors contributing to market growth in this region include an increase in the prevalence of infertility, medical tourism, the improving healthcare infrastructure, increased adoption of high-end technologies, an increasing number of skilled medical professionals, and less-regulated healthcare system have had a positive effect on the market in this region. Though ethical and legal concerns surrounding the exploitation of surrogates and the number of embryo transfers are an issue, the region is gaining significance and recognition for infertility treatments worldwide. The fertility rate across Asia is decreasing, owing to changing lifestyles, the growing incidence of fertility-related diseases, and a rise in the stress level of people.
What are the Revenue-generating Product Segments in the Infertility Treatment Devices Market?
To gain further insights on the market contribution of various segments Request a PDF Sample
The market share growth by the devices segment will be significant during the forecast period. The growth is expected owing to an increase in the prevalence of infertility, the rise in investments in developing products for in-vitro fertilization (IVF), the increase in demand for technologically advanced products for treatment procedures, and the presence of global and regional vendors.
The report provides a near-term to long-term perspective on the trends and forecasts horizon for the market. It offers an overview of the key market drivers and restraints, enabling precise identification of key opportunities in each region over the coming years.
|
Infertility Treatment Devices Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
120 |
|
Base year |
2021 |
|
Forecast period |
2022-2026 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 7.75% |
|
Market growth 2022-2026 |
$ 722.40 million |
|
Market structure |
Fragmented |
|
YoY growth (%) |
5.71 |
|
Regional analysis |
Asia, North America, Europe, and ROW |
|
Performing market contribution |
Asia at 34% |
|
Key consumer countries |
US, Taiwan, Thailand, Israel, Singapore, and Greece |
|
Competitive landscape |
Leading companies, Competitive Strategies, Consumer engagement scope |
|
Key companies profiled |
Cook Medical LLC, CooperSurgical Inc., DxNow, Eppendorf AG, Esco Micro Pte. Ltd., Hamilton Thorne Ltd., IVFtech ApS, Merck KGaA, Rocket Medical Plc, and Vitrolife AB |
|
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
|
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Infertility Treatment Devices Market Report?
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will drive the growth during the next five years
- Precise estimation of the size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the industry across Asia, North America, Europe, and ROW
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of infertility treatment devices market vendors
We can help! Our analysts can customize this report to meet your requirements. Get in touch
***1. Executive Summary
**1.1 Market Overview
*Exhibit 01: Key Finding 1
*Exhibit 02: Key Finding 2
*Exhibit 03: Key Finding 3
*Exhibit 04: Key Finding 5
*Exhibit 05: Key Finding 6
*Exhibit 06: Key Finding 7
*Exhibit 07: Key Finding 8
***2. Market Landscape
**2.1 Market ecosystem
*2.1.1 Parent Market
*Exhibit 08 Parent market
*Exhibit 09: Market characteristics
**2.2 Value Chain Analysis
*Exhibit 10: Value Chain Analysis: Packaged foods and meats
*2.2.1 Research and development
*2.2.2 Inputs
*2.2.3 Operations
*2.2.4 Distribution
*2.2.5 Marketing and sales
*2.2.6 Post-sales and services
*2.2.7 Industry innovations
***3. Market Sizing
**3.1 Market definition
*Exhibit 11: Offerings of vendors included in the market definition
**3.2 Market segment analysis
*Exhibit 12: Market segments
**3.3 Market size 2021
**3.4 Market outlook: Forecast for 2021 - 2026
*Exhibit 13: Global - Market size and forecast 2021 - 2026 ($ million)
*Exhibit 14: Global market: Year-over-year growth 20201 - 2026 (%)
***4. Five Forces Analysis
**4.1 Five Forces Summary
*Exhibit 15: Five forces analysis 2021 & 2026
**4.2 Bargaining power of buyers
*Exhibit 16: Bargaining power of the buyer
**4.3 Bargaining power of suppliers
*Exhibit 17: Bargaining power of the supplier
**4.4 Threat of new entrants
*Exhibit 18: Threat of new entrants
**4.5 Threat of substitutes
*Exhibit 19: Threat of substitutes
**4.6 Threat of rivalry
*Exhibit 20: Threat of rivalry
**4.7 Market condition
*Exhibit 21: Market condition - Five forces 2021
***5. Market Segmentation by Product
**5.1 Market segments
*Exhibit 22: Product - Market share 2021-2026 (%)
**5.2 Comparison by Product
*Exhibit 23: Comparison by Product
**5.3 Devices - Market size and forecast 2021-2026
*Exhibit 24: Devices - Market size and forecast 2021-2026 ($ million)
*Exhibit 25: Devices - Year-over-year growth 2021-2026 (%)
**5.4 Media - Market size and forecast 2021-2026
*Exhibit 26: Media - Market size and forecast 2021-2026 ($ million)
*Exhibit 27: Media - Year-over-year growth 2021-2026 (%)
**5.5 Accessories - Market size and forecast 2021-2026
*Exhibit 28: Accessories - Market size and forecast 2021-2026 ($ million)
*Exhibit 29: Accessories - Year-over-year growth 2021-2026 (%)
**5.6 Market opportunity by Product
*Exhibit 30: Market opportunity by Product
***6. Customer landscape
*Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria
**6.1 Overview
*Exhibit 31: Customer landscape
***7. Geographic Landscape
**7.1 Geographic segmentation
*Exhibit 32: Market share by geography 2021-2026 (%)
**7.2 Geographic comparison
*Exhibit 33: Geographic comparison
**7.3 Asia - Market size and forecast 2021-2026
*Exhibit 34: Asia - Market size and forecast 2021-2026 ($ million)
*Exhibit 35: Asia - Year-over-year growth 2021-2026 (%)
**7.4 North America - Market size and forecast 2021-2026
*Exhibit 36: North America - Market size and forecast 2021-2026 ($ million)
*Exhibit 37: North America - Year-over-year growth 2021-2026 (%)
**7.5 Europe - Market size and forecast 2021-2026
*Exhibit 38: Europe - Market size and forecast 2021-2026 ($ million)
*Exhibit 39: Europe - Year-over-year growth 2021-2026 (%)
**7.6 ROW - Market size and forecast 2021-2026
*Exhibit 40: ROW - Market size and forecast 2021-2026 ($ million)
*Exhibit 41: ROW - Year-over-year growth 2021-2026 (%)
**7.7 Key leading countries
*Exhibit 42: Key leading countries
**7.8 Market opportunity by geography
*Exhibit 43 Market opportunity by geography ($ million)
***8. Drivers, Challenges, and Trends
**8.1 Market drivers
*8.1.1 Increase in prevalence of infertility
*8.1.2 Increase in technological innovation
*8.1.3 Increase in success rate of procedures
**8.2 Market challenges
*8.2.1 Ethical, legal, and social concerns
*8.2.2 Cost constraints
*8.2.3 Alternative procedures
*Exhibit 44: Impact of drivers and challenges
**8.3 Market trends
*8.3.1 Emerging trend of delayed pregnancies among women
*8.3.2 Growth of medical tourism
*8.3.3 Insurance coverage for infertility treatment
***9. Vendor Landscape
**9.1 Overview
*Exhibit 45: Vendor landscape
**9.2 Landscape disruption
*Exhibit 46: Landscape disruption
*Exhibit 47: Industry Risk
***10. Vendor Analysis
**10.1 Vendors covered
*Exhibit 48: Vendors covered
**10.2 Market positioning of vendors
*Exhibit 49: Market positioning of vendors
**10.3 Cook Medical LLC
*Exhibit 50: Cook Medical LLC - Overview
*Exhibit 51: Cook Medical LLC - Product and service
*Exhibit 52: Cook Medical LLC - Key offerings
**10.4 CooperSurgical Inc.
*Exhibit 53: CooperSurgical Inc. - Overview
*Exhibit 54: CooperSurgical Inc. - Product and service
*Exhibit 55: CooperSurgical Inc.- Key news
*Exhibit 56: CooperSurgical Inc. - Key offerings
**10.5 DxNow
*Exhibit 57: DxNow - Overview
*Exhibit 58: DxNow - Product and service
*Exhibit 59: DxNow - Key offerings
**10.6 Eppendorf AG
*Exhibit 60: Eppendorf AG - Overview
*Exhibit 61: Eppendorf AG - Business segments
*Exhibit 62: Eppendorf AG - Key offerings
*Exhibit 63: Eppendorf AG - Segment focus
**10.7 Esco Micro Pte. Ltd.
*Exhibit 64: Esco Micro Pte. Ltd. - Overview
*Exhibit 65: Esco Micro Pte. Ltd. - Product and service
*Exhibit 66: Esco Micro Pte. Ltd. - Key offerings
**10.8 Hamilton Thorne Ltd.
*Exhibit 67: Hamilton Thorne Ltd. - Overview
*Exhibit 68: Hamilton Thorne Ltd. - Business segments
*Exhibit 69: Hamilton Thorne Ltd. - Key offerings
*Exhibit 70: Hamilton Thorne Ltd. - Segment focus
**10.9 IVFtech ApS
*Exhibit 71: IVFtech ApS - Overview
*Exhibit 72: IVFtech ApS - Product and service
*Exhibit 73: IVFtech ApS - Key offerings
**10.10 Merck KGaA
*Exhibit 74: Merck KGaA - Overview
*Exhibit 75: Merck KGaA - Business segments
*Exhibit 76: Merck KGaA - Key offerings
*Exhibit 77: Merck KGaA - Segment focus
**10.11 Rocket Medical Plc
*Exhibit 78: Rocket Medical Plc - Overview
*Exhibit 79: Rocket Medical Plc - Product and service
*Exhibit 80: Rocket Medical Plc - Key offerings
**10.12 Vitrolife AB
*Exhibit 81: Vitrolife AB - Overview
*Exhibit 82: Vitrolife AB - Business segments
*Exhibit 83: Vitrolife AB - Key offerings
*Exhibit 84: Vitrolife AB - Segment focus
***11. Appendix
**11.1 Scope of the report
*11.1.1 ????Market definition
*11.1.2 ????Objectives
*11.1.3 ????Notes and caveats
**11.2 Currency conversion rates for US$
*Exhibit 85: ?Currency conversion rates for US$?
**11.3 Research Methodology
*Exhibit 86: ?Research Methodology
*Exhibit 87: ??Validation techniques employed for market sizing?
*Exhibit 88: ??Information sources
**11.4 List of abbreviations
*Exhibit 89: List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
PURCHASE FULL REPORT OF
infertility treatment devices market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
Why should you prefer Technavio's market insights report?
- Off-the-shelf research reports
- Reports can be tailored to meet the customer's needs
- Trusted by more than 100 fortune 500 organizations
- Information about the market's key drivers, trends, and challenges
- Parent market analysis
- Every week, 50,000 people visit our subscription platform
- Detailed vendors report with competitive landscape
- Covid-19 impact and recovery analysis
- Data on revenue-generating market segments
- Details on the market shares of various regions
- Five-force market analysis