MARKET OVERVIEW
Assisted reproductive technology is also known as fertility treatment that is used to perform infertility treatments. The procedure involve the removal of eggs from the woman ovaries that are combined with the sperms in the laboratory, further they returned to the woman's ovaries or are donated to another women. The technology used to elude the fertility problems while preserving the genetic connection. Moreover, the assisted reproductive technology is also used for couples who are discordant for certain communicable diseases, for instance, HIV to reduce the risk of infection when a pregnancy is desired.
MARKET SCOPE
The "Global Assisted Reproductive Technology Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the assisted reproductive technology market with detailed market segmentation by technology, procedure, end user and geography. The report provides key statistics on the market status of the leading assisted reproductive technology market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on technology, the global assisted reproductive technology market is segmented into artificial insemination, in vitro fertilization, surrogacy, and others.
- Based on procedure, the market is bifurcated into fresh donor, fresh non donor, frozen donor, frozen non donor, and embryo banking.
- Based on end user, the global assisted reproductive technology market is segmented into fertility clinics, hospitals, and others.
MARKET DYNAMICS
Drivers
- Rising disposable income
- Growing number of smokers
- Drastically changed lifestyle causing various disorders such as stress, obesity and many other leading to infertility
Restraints
- The high cost of assisted reproductive technology and social stigma in the developing regions are likely to hinder the growth of market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The assisted reproductive technology market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the assisted reproductive technology market in these regions.
IMPACT OF COVID-19 ON ASSISTED REPRODUCTIVE TECHNOLOGY MARKET
COVID-19 pandemic has badly affected the assisted reproductive technology across the world. Only medical emergencies were allowed across the world leading to the complete shutdown of other medical services. In addition, social distancing and isolations have also contributed to the reduced market for assisted reproductive services. Also, due to the severity of health conditions caused due to coronavirus, various clinics and hospitals offering assisted reproductive technology services have been stopped across the world. Moreover, the outbreak of the second wave of the COVID-19 pandemic has also affected the market negatively.
MARKET PLAYERS
The report covers key developments in the assisted reproductive technology market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from assisted reproductive technology market are anticipated to lucrative growth opportunities in the future with the rising demand for assisted reproductive technology in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the assisted reproductive technology market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- California Cryobank
- Bloom IVF Centre
- Parallabs
- OvaScience
- Anecova
- Origio
- Microm Ltd.
- Merck KGaA
- Cooper Surgical, Inc
- Ferring Pharmaceuticals
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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