The latest research report by Emergen Research, named ‘Global Assisted Reproductive Technology Market – Forecast to 2032 . The report offers these individuals a vivid description of the competitive spectrum of the global Assisted Reproductive Technology Market .The global health emergency has beleaguered the global economy, thereby disrupting this particular business domain’s functioning mechanism. It assesses the present market scenario and forecasts the pandemic’s aftermath in this business sector to help organizations boost their COVID-19 preparedness.
The global Assisted Reproductive Technology (ART) market size is expected to reach USD 54.75 Billion in 2028 and register a revenue CAGR of 9.7% during the forecast period. Assisted Reproductive Technology (ART) market revenue growth is driven by an incline in number of couples and individuals opting for in-vitro fertilization and artificial insemination, among other technologies.
The Assisted Reproductive Technology (ART) market stands as a pivotal sector within the healthcare industry, offering advanced solutions to individuals and couples facing infertility challenges. ART encompasses a diverse range of medical procedures and technologies designed to assist individuals in achieving pregnancy, including in vitro fertilization (IVF), intracytoplasmic sperm injection (ICSI), and gamete intrafallopian transfer (GIFT), among others. With infertility rates on the rise globally due to factors such as age, lifestyle changes, and medical conditions, the ART market plays a crucial role in helping individuals realize their dreams of parenthood.
Drivers of Assisted Reproductive Technology Market
The growth of the ART market is driven by several key drivers. Foremost among these is the increasing prevalence of infertility worldwide, driven by factors such as delayed childbearing, lifestyle changes, and environmental factors. ART provides a lifeline for individuals and couples struggling with infertility, offering a pathway to parenthood through advanced reproductive technologies and procedures. Additionally, advancements in ART techniques, laboratory technologies, and genetic screening technologies have improved success rates and expanded the scope of treatment options available to patients, driving demand for ART services.
Major Companies and Competitive Landscape
The Assisted Reproductive Technology Market is fairly consolidated with a few small and medium-sized market players accounting for majority of revenue. Major players are deploying various strategies, entering into mergers and acquisitions, strategic agreements and contracts, developing, testing, and introducing more effective in the market. Some major players included in the market report are:
- Origio
- Cryolab Ltd.
- Bloom IVF Center
- Ferring Pharmaceuticals
- Cosmos Biomedical
- Irvine Scientific
- European Sperm Bank
- Ovascience
- Parallabs
- Microm UK Ltd.
To know more about the report, visit @ https://www.emergenresearch.com/industry-report/assisted-reproductive-technology-market
Key inclusions of the Assisted Reproductive Technology Market report:
COVID-19 effects on growth figures.
Statistical analysis pertaining to market size, sales volume, and overall industry revenue.
Organized mentions of major market trends.
Growth opportunities.
Figures showcasing market growth rate.
Advantages and disadvantages of direct and indirect sales channels.
Insights regarding traders, distributors, and dealers present in the industry.
Covid impact analysis:
The study on the Global Assisted Reproductive Technology Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Assisted Reproductive Technology Market industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Assisted Reproductive Technology Market industry. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties The Assisted Reproductive Technology Market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic.
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Assisted Reproductive Technology Market industry. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties The Assisted Reproductive Technology Market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic.
