Fertility market in the US analysis
Technavio’s market research analyst predicts the fertility market in the US to grow at steadily a CAGR of around 4% by 2020. The fertility market in the US consists of fertility drugs and assisted reproductive technology (ART) services segments. Increasing fertility issues among the aging population, rising disposable income, growing adoption of fertility services by homosexual couples, and augmented support from the US federal government are some of the major factors that will impel growth in this market during the forecast period.
Fertility market growth drivers
Cultural shifts in the US will also have a positive impact on the market growth. Recently, it has been observed that there is an increase in the number of same-sex parents in the US. According to Child Welfare, it was estimated that during 2012, up to 6 million children in the US were parented by same-sex parents. In this market study, analysts have predicted that the number of women in same-sex relationships using donor sperm has risen from 15% (before same-sex marriage) to 20% after regulatory changes for same-sex marriage. This growing social acceptance of same-sex marriages will indirectly aid in the growth of this market during the predicted period.
Fertility market segmentation by treatment type
At present, the ART segment leads the market and accounts for approximately 67% of the total market share. This segment includes in-vitro fertilization and other treatment options like intrauterine insemination, reproductive surgery, and surrogacy. In-vitro fertilization (IVF) accounts for around 99% of all the ART treatments. Since IVF is one of the most popular assisted fertility techniques, its augmented adoption due to its enhanced rate of success will result in the strong growth of this market segment during the predicted period.
Fertility market forecast: Competitive landscape and key vendors
The fertility market in the US is highly fragmented due to the presence of many well-established vendors. The competitive scenario in this market is propelled by M&A and investments in R&D activities for the development of novel products. Since this market has low entry barriers, a number of players are expected to enter the market because of its high revenue generating potential. Furthermore, the consolidation of pharmaceutical companies will bolster the production of fertility drugs, which in turn will lead to market growth.
Leading vendors in the fertility market
- Cellcura
- CooperSurgical
- Intramed
- Ferring Pharmaceuticals
- Merck
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 fertility market in the US?
- What are the key market trends impacting the growth of the fertility market in the US?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the vendors in the fertility market in the US?
- What are the key outcomes of the five forces analysis of the fertility market in the US?
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
- Market overview
- Top-vendor offerings
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
PART 05: Regulatory scenario in the US
PART 06: Market landscape
- Market overview
- Five forces analysis
PART 07: Infertility: An overview
- Etiology
- Etiology: Female infertility
- Signs and symptoms
- Tests and diagnosis
- Treatment
PART 08: Stages of fertility treatment
PART 09: Cost analysis of ART
- Direct cost
- Indirect cost
PART 10: Market segmentation by type
- Infertility drugs
- Fertility drugs market in US
- ART
- ART market in US
PART 11: Market drivers
- Emergence of ART and acceptance of same-sex marriage
- Increasing success rate of infertility treatment
- Increase in infertility complications
PART 12: Impact of drivers
PART 13: Market challenges
- High cost of fertility treatment
- Complications of fertility services
- Limited reimbursement
- Minimal regulations
PART 14: Impact of drivers and challenges
PART 15: Market trends
- Increase in M&A
- Rise in R&D
- Establishment of new fertility clinics
PART 16: Vendor landscape
- Competitive scenario
- Key news
- Mergers and acquisitions
- Licensing and collaborations
- Market share analysis
- Other prominent vendors
PART 17: Appendix
PART 18: Explore Technavio
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