PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1529080
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1529080
Assisted Reproductive Technology Market size is expected to record a 6.9% CAGR between 2024 and 2032, driven by rising infertility rates influenced by lifestyle factors, such as stress, age, and environmental changes. Technologies, including in vitro fertilization IVF and intrauterine insemination IUI are enabling individuals and couples to overcome fertility challenges.
Assisted reproductive technology ART methods are widely developed to enhance success rates and minimize risks for patients. Moreover, the integration of new technologies and improved protocols are expanding the capabilities of ART for providing hope for individuals struggling with infertility, further reinforcing its role as a vital option in reproductive healthcare. According to a report by WHO, around 17.5% of the adult population globally is experiencing infertility. This is underscoring the critical necessity for several technologies, to expand access to affordable and high-quality fertility care.
The ART industry is segmented into type, end-user/provider, and region.
The market share from the product type segment is expected to witness substantial growth through 2032 due to a strong need for helping individuals and couples achieve their dreams of parenthood by addressing fertility challenges. ART is incorporated with advanced techniques like in vitro fertilization IVF and intracytoplasmic sperm injection ICSI for offering more personalized and effective solutions as well as integrating genetic screening and innovative treatments. As researchers are discovering new ways to enhance success rates, ART products are becoming more accessible and refined.
In terms of end-user/provider, the assisted reproductive technology market from the hospitals segment is slated to generate notable revenue during 2024-2032. This is favored by rising demand by specialists who are utilizing techniques, such as genetic screening, and cryopreservation to improve success rates and patient outcomes. Hospitals are advancing ART by integrating cutting-edge innovations like AI and gene editing to enhance diagnostic accuracy and treatment efficacy for making fertility treatments more efficient and less invasive.
Asia Pacific assisted reproductive technology industry size is likely to record a notable growth rate through 2032 driven by rising disposable incomes along with surging healthcare investments for enhancing the quality and accessibility of these services. Governments and private sectors are pouring resources into healthcare infrastructure for ensuring state-of-the-art facilities and advanced technologies, adding to the regional market growth.