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Infertility Treatment Devices Market Size

Report ID: GMI6134
Published Date: Jul 2023
Report Format: PDF

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Infertility Treatment Devices Market Size

Infertility Treatment Devices Market size was valued at USD 319.3 million in 2022 and is estimated to account for USD 695.8 million by 2032.

Infertility Treatment Devices Market

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Infertility treatment devices are used to diagnose, treat, or aid in the treatment of infertility in individuals having trouble conceiving. These devices are used in a variety of procedures and therapies that target the root causes of infertility or support assisted reproductive technologies (ART). Further, the development of in vitro fertilization (IVF) and other assisted reproductive technologies (ART) have raised demand for infertility treatment devices, thereby predicted to stimulate market share.

Infertility is a multidimensional problem with economic, social, and cultural implications. Growing awareness regarding availability of infertility treatment devices globally in recent years will act as a driving factor for the industry expansion. Various government and private organizations aim at promoting awareness about infertility, surrogacy, and IVF procedures and improving infertility-related services globally. For instance, the National Infertility Awareness Week (NIAW) is a campaign intended to increase the awareness rate concerning infertility. In addition, growing understanding among the population base about the success rate of IVF procedures will further aid in market expansion.

Infertility Treatment Devices Market Report Attributes
Report Attribute	Details
Base Year:	2022
Infertility Treatment Devices Market Size in 2022:	USD 319.3 Million
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	8.4%
2032 Value Projection:	USD 695.8 Million
Historical Data for:	2018 to 2022
No. of Pages:	215
Tables, Charts & Figures:	303
Segments covered:	Type, End-use and Region
Growth Drivers:	Increasing prevalence of infertility worldwide High adoption of assisted reproductive technology (ART) Technological advancements Increasing funding for infertility R&D
Pitfalls & Challenges:	High cost of procedure Limited insurance coverage

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Authors: Mariam Faizullabhoy , Pratiksha Kamthe

Frequently Asked Questions (FAQ) :

Infertility treatment devices industry was worth USD 319.3 million in 2022 and is projected to record USD 695.8 million by 2032 attributed to the development of in vitro fertilization (IVF) and other assisted reproductive technologies.

Sperm separation devices garnered USD 55.4 million in 2022 owing to the capacity of these devices to separate highly mobile sperm with competent DNA integrity from a sample of semen.

U.S. infertility treatment devices market amassed USD 120.4 million in 2022 and is estimated to witness steady growth through 2032 driven by the advancements in infertility treatment devices, favourable regulatory environment, and growing healthcare expenditure across the country.

CooperSurgical, Inc, Vitrolife AB, Cook Medical Inc, Thermo Fisher Scientific Inc, Merck KGaA, Eppendorf AG, Rocket Medical Plcs, Art Biotech Pvt. Ltd, LabIVF Asia Pte Ltd, Hamilton Thorne, Inc, IVFtech ApS, and Dxnow (ZyM?t Fertility, Inc.) are some of the top firms engaged in the market.