Infertility Market Insights and In-Depth Analysis 2020-2027 with Types, Products

Posted by shriya on June 18th, 2021

Infertility is a medical condition in which male or female members are unable to reproduce or have children. Common conditions for the condition include low sperm motility, genetic deficiencies, and psychological issues. According to the Centers for Disease Control & Prevention (CDC), close to 6% unmarried women are unable to attain pregnancy even after unprotected intercourse. The global infertility market report compiled by Market Research Future (MRFR) contains pertinent factors and challenges of customers as well as efforts of industry stalwarts in easing the process of reproduction.

Market Outlook

The global infertility market is estimated to accrue significant revenue by exhibiting a CAGR of 4.6% during the forecast period (2017-2023). It stood at USD 11.2 billion in 2016. Major growth drivers of the market include late marriages, sedentary lifestyles, genetic deficiencies, environmental factors, and health history.

Awareness of the condition and preventive measures in terms of treatment is likely to drive the market growth. Emergence of various clinics which can conduct tests discreetly can bode well for the market. In addition, the recognition of infertility as a disease by insurance organizations and coverage packages being dispensed to patients is a sign of the large potential of the market. 

High treatment costs, side effects of infertility treatment, and societal taboos are factors which can impede market growth.

Regional Analysis

North America, Asia Pacific, Europe, and the Middle East & Africa (MEA) are the regions being considered for the basis of the report.

Competitive Outlook

SCSA Diagnostics, Inc., Bayer Healthcare, EMD Serono, Inc., Zydus Cadila Healthcare Ltd, Aetna Inc., Androvia LifeSciences, Andrology Solutions, Halotech DNA, and others are prominent names within the global infertility market.

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Akash Anand

Market Research Future

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Joined: May 18th, 2021
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