Fertility Treatments Market Analysis, Trends, Growth, Research And Forecast 2033

The Business Research Company recently released a comprehensive report on the Global Fertility Treatments Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

According to The Business Research Company's, The fertility treatments market size has grown strongly in recent years. It will grow from $16.54 billion in 2023 to $17.97 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to increasing infertility rates, advancements in reproductive medicine, healthcare coverage, awareness and stigma reduction.

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Market Drivers and Trends:

The growth in the median age of first-time motherhood combined with change in lifestyle increased the difficulty of conceiving, increasing the demand for fertility treatment. The median age of first-time motherhood has increased all over the globe due to late marriages, contraceptive techniques, and an increase in the number of women who prioritize their careers over starting a family. In 2021 the average age of first-time mothers in America has risen from 25.6 in 2011 to 27.3 in 2021. Women in other developed countries are also deferring, with the typical first birth occurring at the age of 31 for new mothers. In this scenario, a growing number of women are opting for IVF treatments, which is expected to drive the fertility treatments market.

Major companies operating in fertility treatment market are developing innovative IVF treatments using artificial technology to gain a competitive edge in the market. The use of AI in IVF has the potential to revolutionize the field of fertility care by providing personalized, data-driven insights for both clinicians and patients. For instance, in October 2022, Alife Health, a US-based healthcare company launched new artificial intelligence software. This technology advances IVF treatment outcomes, lower costs and help fertility clinics optimize and support clinical decision-making during critical stages of the IVF process.

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Major Key Players of the Market:

Apollo Hospitals Enterprise Ltd.; Care Fertility Group Limited; Genea Limited; Johns Hopkins Health System Corp.; Medicover AB; Monash IVF Group; Progyny Inc.; Vitrolife AB; Carolinas Fertility Institute PLLC; OvaScience Inc.; Xytex Cryo International Ltd.; Merck Group; Cook Group Incorporated; CooperSurgical Inc.; Instituto Bernabeu; INVO Bioscience Inc.; Cooper Companies Inc.; Virtus Health Ltd.; CryoChoice LLC; Millendo Therapeutics Inc.; FUJIFILM Irvine Scientific Inc.; LABOTECT GMBH; Fertility Focus Limited; Olympus Corporation; Irvine Scientific sales Company Inc.; Ferring Pharmaceuticals Inc.; Prelude Fertility Inc.; Boston IVF; RMA Fertility Clinics; Shady Grove Fertility; CCRM Management Company LLC; IVIRMA Global; CARE Fertility

Fertility Treatments Market 2024 Key Insights:

• The fertility treatments market size is expected to grow to $25.02 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%.
• Rising Fertility Treatments Demand Is The Changing Landscape Of Motherhood
• Increasing Focus On Innovative Ivf Treatments To Gain A Competitive Edge In The Market
• North America was the largest region in the fertility treatment market in 2023.

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The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

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LinkedIn: https://in.linkedin.com/company/the-business-research-company
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