Infertility Treatment Devices & Equipment Market, Sector / Industry Report & Analysis, 2025 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: Global Infertility Treatment Devices & Equipment Market


The global Infertility Treatment Devices & Equipment market size is projected to reach US$ 421.02 million by 2026, from US$ 246.93 million in 2020, at a CAGR of 9.3% during 2021-2026. Rising prevalence of conditions such as Polycystic Ovary Syndrome (PCOS). Significant changes in lifestyle are anticipated to contribute to the rise in infertility. Increasing preference of working women for conceiving at a later age may lead to complications. Infertility in men is a result of various factors such as stress, alcohol tobacco consumption, smoking, changing lifestyle, and reducing sperm count and motility. A constant increase in the incidence of infertility in both sexes is projecte to drive the market.
Various government initiatives and changes in the legal system are among the factors driving the demand for assisted reproduction procedures. In U.S., around 14 states cover infertility treatment under medical insurance. In Canada, the government is initiating measures to control the declining population, wherein it has sponsored various cycles of artificial insemination and In Vitro Fertilization (IVF).

Innovation and enhanced technologies are expected to boost market growth in the forthcoming years. Advancements in technology increase the success rate of procedures. For instance, the development of storage equipment for temperature-sensitive sperm samples will result in increasing demand for cryosystems and other related devices.
Advancements in assisted reproductive treatments offer numerous options for patients seeking out help for infertility treatment. Time-lapse imaging is the latest innovative technologies in infertility treatments. Time-lapse imaging can be used to examine the embryo development process at regular intervals without disturbing the culture. In the previous monitoring methods, embryos would be removed from the incubator daily to be analyzed. The technology and use of computers allow the embryos to stay in the incubator without disrupting its development.

Market Segmentation, Outlook & Viewpoint: Global Infertility Treatment Devices & Equipment Market

Type Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2026)

  
Ovum Aspiration Pumps
  
Sperm Separation Devices
  
Sperm Analyzer Systems
  
Micromanipulator Systems
  
Incubators
  
Cryosystems
  
Imaging Systems
  
Microscopes
  
Others

End Use Market Segmentation & Outlook (Revenue, USD Million, 2014 - 2026)

  
Fertility Clinics
  
Hospitals & Other Healthcare Facilities
  
Clinical Research Institutes

Key Players, Recent Developments & Regional Insights: Global Infertility Treatment Devices & Equipment Market

In 2018, fertility clinics held the largest market share. The number of medical centers providing treatment for infertility has increased over the past few years due to an increase in the prevalence of infertility across the world. Crucial treatments, such as IVF and intrauterine insemination, are performed in specialized fertility clinics. Moreover, fertility clinics also provide counselling for couples trying to start a family.

The fertility clinics must comply with specific guidelines to operate in certain regions. In order to obtain the licenses in specific countries, fertility clinics need to fulfill all the requirements presented by the regulatory agencies in respective countries.

Regional Insights

Europe held majority of the market share in 2018 as fertility rate in the region has been decreasing over the years. Delay in pregnancy and lifestyle changes are among factors contributing to this decline. North America was the second largest market in 2018 as fertility rate in U.S. was at a record low. There were only 62.5 births per 1,000 women, according to the National Center for Health Statistics.

Asia Pacific is expected to witness the fastest growth in the forthcoming years due to an increase in infertility rate in this region and awareness about available treatment options.Availability of various reimbursement schemes in developed regions is likely to further fuel the regional expansion. For instance, the Singapore government offers around 75% co-funding for various ART procedures.

Infertility Treatment Devices and Equipment Market Share Insights

Some of the key market players are The Cooper Companies, Inc.; Hamilton Thorne, Inc.; Cook; Vitrolife; DxNow, Inc.; etc. These market players are adopting strategies such as acquisitions to strengthen their presence in other regional markets. For instance, The Cooper Companies, Inc. acquired LifeGlobal Group and its affiliates in April 2018. The company also acquired PARAGARD IUD business from Teva in November 2017 and Wallace product line from Smiths Group in November 2016.

CooperSurgical competes in the global infertility market with a product portfolio of IVF media and ART solutions to help the work of infertility specialists. The Cooper Companies, Inc., the parent company of CooperSurgical, has expanded the business through the acquisition of companies and product lines for within the fertility space. CooperSurgical offers a wide variety of products ranging from ART workstations, micromanipulator systems, temperature control systems, air purification systems, incubators, sperm analyzer systems, sperm separation systems, and microscopes.

Key Insights Covered: Global Infertility Treatment Devices & Equipment Market

1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Infertility Treatment Devices & Equipment industry.
2. Global major manufacturers operating situation (sales, revenue, growth rate and gross margin) of Infertility Treatment Devices & Equipment industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Infertility Treatment Devices & Equipment industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Infertility Treatment Devices & Equipment industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Infertility Treatment Devices & Equipment industry.

Research Methodology: Global Infertility Treatment Devices & Equipment Market

  
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other