The global assisted reproductive technology market is anticipated to grow at a considerable CAGR of 8.7% during the forecast period. The rising investment in research lab expansion is a key factor promoting the growth of the assisted reproductive technology market. For instance, in March 2021, Gulf Capital, an alternative investment firm has announced to invest $30 million in its two-year growth plans for ART Fertility Clinics, a fast-growing provider of fertility treatment services in the Gulf Cooperation Council (GCC) states.
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Under its two-year growth plan, ART fertility announced to launch 18 clinics in the next 12 months across India. Rising investment from private entities in the expansion of semen and embryology labs to ensure a non-toxic, pathogen-free, and stable environment for gamete handling is anticipated to offer lucrative opportunities to the growth of the assisted reproductive technology industry.
In January 2021, the Fertility Partners, Canada’s renowned platform of fertility practices has acquired the Toronto Institute For Reproductive Medicine and ReproMed. With the west-end Greater Toronto Area (GTA) fertility treatment providers joining its network of partner clinics, TFP has expanded its presence in the GTA to 5 locations and expands its high-quality Canadian donor sperm services. Ongoing market developments are anticipated to expand the growth of the assisted reproductive technology market.
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Market Coverage
- Segment Covered-
o By Technology
o By Procedure
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- Anecova Sa, Celmatix Inc., Cooper Surgical Inc., Irvine Scientific Sales Co., Inc., and Merck.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Assisted Reproductive Technology Market Report Segment
By Technology
- In Vitro Fertilization
- Others
By Procedure
- Frozen Donor
- Frozen Non-Donor
- Fresh Donor
- Fresh Non-Donor
- Embryo Banking
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