2022-2031 Forecast Period Overview of Global Assisted Reproductive Technology Market
The Business Research Company Global Assisted Reproductive Technologies Market Report 2022 – Global Market Size, Trends and Forecast 2022-2026
LONDON, GREATER LONDON, United Kingdom, Aug. 5, 2022 /EINPresswire.com/ — According to The Business Research Company’s “Global Assisted Reproductive Technologies Market Report 2022”, the size of the assisted reproductive technologies market is expected to grow from $26.28 billion in 2021 to $31.29 billion in 2022 at a compound annual growth rate (CAGR) of 19.1% Growth is primarily driven by business recovery and adaptation to the new normal while recovering from the impact of COVID-19, which had previously led to restrictive containment measures involving social distancing, remote working and the closure of business activities which resulted in operational challenges. The market is expected to reach $62.05 billion in 2026 at a CAGR of 18.7%. The increasing number of cases of infertility should favor assisted procreation. growth of the technology industry in the coming years.
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Key Assisted Reproductive Technologies Market Trends
Technological advancements are a key trend gaining popularity in the market. According to the Assisted Reproductive Technologies market study, major companies operating in the field of assisted reproduction are focusing on developing technological solutions to strengthen their position. For example, in November 2020, NIPD Genetics, a biotechnology company based in Cyprus, launched Amfira PGT based on target capture enrichment technology. Amfira PGT is a preimplantation genetic test that can be used during fertility treatment to improve the chances of getting pregnant and giving birth to a healthy child. Amfira PGT can be used in IVF cycles to determine if embryos are chromosomally normal (euploid) and have the best chance of a safe pregnancy and delivery.
Assisted Reproductive Technology Market Overview
The Assisted Reproductive Technologies (ART) market includes the sales of assisted reproductive technologies by entities (organizations, individual traders, and partnerships) that are used for the treatment of egg or embryo infertility. Assisted reproductive technology is based on surgically removing eggs from women’s ovaries and then fusing them with men’s sperm in the laboratory to create embryos. These embryos are then reinserted into the woman’s body. ART uses donor eggs, donor sperm or previously stored frozen embryos.
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TBRC Global Assisted Reproductive Technologies Market Report 2022 covers the following insights:
Market Size Data
• Forecast period: historical and future
• By region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.
• By country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, United Kingdom, USA.
• By diagnosis: ovulation test, hysterosalpingography, ovarian reserve test, genetic test
• By type of procedure: fresh non-donor, fresh donor, frozen donor, frozen non-donor, embryo or egg bank
• By end user: hospitals, fertility clinics, others
• By Geography: The global Assisted Reproductive Technologies market report is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East & Africa. Among these regions, Europe holds the largest market share.
Major Market Players such as Cooper Surgical Inc., Ferring BV, Hamilton Thorne Ltd, Merck KGaA, Genea Limited, California Cryobank, European Sperm Bank, OvaScience Inc., Bloom IVF Center, Vitrolife, FUJIFILM Irvine Scientific Inc., Nidacon International AB , Monash IVF Group Ltd., Cook Medical, INVO Bioscience Inc., Thermo Fisher Scientific, Boston Science Corporation, Anecova, Carolinas Fertility Institute, Microm Ltd.
Trends, opportunities, strategies and much more.
The Global Assisted Reproductive Technologies Market Report 2022 is one of the comprehensive reports by The Business Research Company that provides an overview of the Assisted Reproductive Technologies Market. Market report analyzes Assisted Reproductive Technology market size, Assisted Reproductive Technology market growth drivers, Assisted Reproductive Technology market segments, Assisted Reproductive Technology market major players, growth of Assisted Reproductive Technologies Market across all geographies and revenue and market positioning of Assisted Reproductive Technologies Market competitors. The Assisted Reproductive Technologies market report allows you to gain insight into opportunities and strategies, as well as identify countries and segments with the highest growth potential.
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