The Business Research Company’s Fertility Services Global Market Report 2022: Market Size, Trends, And Forecast To 2026
LONDON, GREATER LONDON, UK, January 20, 2022 /EINPresswire.com/ — According to ‘Fertility Services Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the global fertility services market size is expected to grow from $40.73 billion in 2021 to $47.17 billion in 2022 at a compound annual growth rate (CAGR) of 15.8%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The fertility services market is expected to reach $79.97 billion in 2026 at a CAGR of 14.1%. Growing infertility rates are anticipated to boost the demand for fertility services during the forecast period.
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The fertility services market consists of sales of infertility treatment services and related products by entities (organizations, sole traders and partnerships) that provide infertility treatment services which are used in various applications to treat infertile patients. Fertility treatment is a medical procedure intended to increase the chances of conceiving a child. Only goods and services traded between entities or sold to end consumers are included.
Global Fertility Services Market Trends
Companies in the fertility services market have witnessed significant growth in the number of research collaborations as well as research funding approvals. Key companies operating in the market are projected to increase their R&D expenditure to introduce new advanced techniques and drugs used for fertility treatments.
Global Fertility Services Market Segments
The global fertility service market is segmented:
By Procedure: Assisted Reproductive Technology (ART), In-Vitro Fertilization, Artificial Insemination
By Service: Fresh Non-Donor, Frozen Non-Donor, Egg and Embryo Banking, Fresh Donor, Frozen Donor
By Application: Male, Female
By Geography: The global fertility services market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe accounts for the largest share.
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Fertility Services Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides fertility services global market overview, analyzes and forecasts market size and growth for the global fertility services market, fertility services global market share, fertility services global market segments and geographies, fertility services global market players, fertility services global market leading competitor revenues, profiles and market shares. The global fertility services global market research report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s Fertility Services Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: Merck KGaA, Care Fertility, INVO Bioscience, Vitrolife, Monash IVF Group, Carolinas Fertility Institute, IntegraMed, Inc., New Hope Fertility Center and Apollo Hospitals Enterprise Ltd.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And so much more.
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