Global Assisted Reproductive Technology Market Research and Forecast 2018-2023
The assisted reproductive technology market is expected to grow significantly during the forecast period (2018-2023). ART is a procedure to achieve pregnancy by techniques such as in vitro fertilization, Surrogacy, and fertility medication. It is the procedure of surgically removing eggs from women’s ovaries, then combining them with the sperms in the laboratory and then at last returning them to women’s body or transferring them to another women’s body. The global ART market is emerging with a rapid pace due to the impact of various factors such as development of healthcare infrastructure and preimplantation generic diagnosis. Government initiatives for research and development as well as growing prevalence of reproductive problems also drive the growth of the market. Factors such as growing demand for legalization of same sex relationship, rising disposable income, technological innovation and deteriorating lifestyle due to increase in consumption of alcohol and smoking creates the future opportunities for the market growth. Although high cost of treatment, rising ethical issues, and lack of professionals in rural areas are the factors acting as barrier for the market.
The market is analyzed on the basis of three segments: technology, procedure and end user. On the basis of technology, the market is bifurcated as artificial insemination, in vitro fertilization and surrogacy. Based on the procedure, global ART market is further analyzed as frozen donor, frozen non-donor, fresh donor, fresh non-donor and embryo banking. According to the end user, the market is diversified as fertility clinics and hospitals. Among the technology, in vitro fertilization is expected to be leading segment owing to supportive reimbursement policies. In addition, entrance of new technology in the market contribute the growth in the segment. For an instance: research team at the University of Adelaide’s Robinson Research Institute introduced BlastGen technology in June 2015. However, the technology is still under clinical trial phase.
Geographically, the global market is divided into North America, Europe, Asia pacific, and Rest of the world. Considering the Europe region which dominates the global market due to awareness of infertility treatment among people, government initiatives and technological advancement. The North America covers significant market share with high healthcare spending, and developed economy. Asia pacific is considered as the fastest growing market owing to increasing awareness, late family planning, availability of advanced fertility services and low fertility rate.
The major companies contributing to the global market by bringing innovation and improvement in the treatment are Merck & Co., Cooper Surgical Inc., Irvine Scientific, Vitrolife, Hamilton Thorne Inc., Nidacon International AB, Laboratoire CCD, Planer PLC, Esco Micro Pte. Ltd., Nikon Corporation, and others. These players are adopting growth strategies such as partnership and collaboration and product launch coupled with innovation. For example: GE healthcare and Vitrolife in July 2018 collaborated for improving assisted reproductive technologies offerings.
Research Methodology
The market study of ART market is incorporated by extensive primary and secondary research conducted by research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report country level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders and industry experts. Primary research brings the authenticity in our reports.
Secondary sources include:
Market Segmentation:
Global ART market is segmented on the basis of regional outlook and following segments:
1. Global Assisted Reproductive Technology Market Research and Analysis, By Technology
2. Global Assisted Reproductive Technology Market Research and Analysis, By Procedure
3. Global Assisted Reproductive Technology Market Research and Analysis, By End Users
4. Global Assisted Reproductive Technology Market Research and Analysis, By Region
THE REPORT COVERS:
The market is analyzed on the basis of three segments: technology, procedure and end user. On the basis of technology, the market is bifurcated as artificial insemination, in vitro fertilization and surrogacy. Based on the procedure, global ART market is further analyzed as frozen donor, frozen non-donor, fresh donor, fresh non-donor and embryo banking. According to the end user, the market is diversified as fertility clinics and hospitals. Among the technology, in vitro fertilization is expected to be leading segment owing to supportive reimbursement policies. In addition, entrance of new technology in the market contribute the growth in the segment. For an instance: research team at the University of Adelaide’s Robinson Research Institute introduced BlastGen technology in June 2015. However, the technology is still under clinical trial phase.
Geographically, the global market is divided into North America, Europe, Asia pacific, and Rest of the world. Considering the Europe region which dominates the global market due to awareness of infertility treatment among people, government initiatives and technological advancement. The North America covers significant market share with high healthcare spending, and developed economy. Asia pacific is considered as the fastest growing market owing to increasing awareness, late family planning, availability of advanced fertility services and low fertility rate.
The major companies contributing to the global market by bringing innovation and improvement in the treatment are Merck & Co., Cooper Surgical Inc., Irvine Scientific, Vitrolife, Hamilton Thorne Inc., Nidacon International AB, Laboratoire CCD, Planer PLC, Esco Micro Pte. Ltd., Nikon Corporation, and others. These players are adopting growth strategies such as partnership and collaboration and product launch coupled with innovation. For example: GE healthcare and Vitrolife in July 2018 collaborated for improving assisted reproductive technologies offerings.
Research Methodology
The market study of ART market is incorporated by extensive primary and secondary research conducted by research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report country level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders and industry experts. Primary research brings the authenticity in our reports.
Secondary sources include:
- Financial reports of companies involved in the market
- Authentic Public Databases such as American Society for Reproductive Medicine (ASRM), Society for Assisted Reproductive Technology (SART) and others.
- Whitepapers, research-papers, and news blogs
- Company websites and their product catalogue
- Supplier Websites such as Alibaba, amazon for pricing analysis
Market Segmentation:
Global ART market is segmented on the basis of regional outlook and following segments:
1. Global Assisted Reproductive Technology Market Research and Analysis, By Technology
2. Global Assisted Reproductive Technology Market Research and Analysis, By Procedure
3. Global Assisted Reproductive Technology Market Research and Analysis, By End Users
4. Global Assisted Reproductive Technology Market Research and Analysis, By Region
THE REPORT COVERS:
- Comprehensive research methodology of global ART
- This report also includes detailed and extensive market overview with key analyst insights.
- Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global ART market.
- Insights about market determinants which are stimulating the global ART market.
1. REPORT SUMMARY
1.1. RESEARCH METHODS AND TOOLS
1.2. MARKET BREAKDOWN
1.2.1. BY SEGMENTS
1.2.2. BY GEOGRAPHY
1.2.3. BY STAKEHOLDERS
2. MARKET OVERVIEW AND INSIGHTS
2.1. DEFINITION
2.2. ANALYST INSIGHTS &CURRENT MARKET TRENDS
2.2.1. KEY FINDINGS
2.2.2. RECOMMENDATION
2.2.3. CONCLUSION
2.3. PATENT ANALYSIS
2.4. REGULATIONS
2.4.1. UNITED STATES
2.4.2. EUROPEAN UNION
2.4.3. CHINA
2.4.4. INDIA
2.4.5. REST OF THE WORLD
3. MARKET DETERMINANT
3.1. MOTIVATORS
3.1.1. GROWING PREVALENCE OF REPRODUCTIVE PROBLEM
3.1.2. HEALTHCARE INFRASTRUCTURAL DEVELOPMENT
3.1.3. DEVELOPMENT OF PREIMPLANTATION GENERIC DIAGNOSIS
3.1.4. GOVERNMENT INITIATIVES AND SUPPORT FOR INFERTILITY PROCEDURE
3.1.5. FUNDING IN R&D
3.2. RESTRAINTS
3.2.1. HIGH COST OF TREATMENT
3.2.2. LACK OF PROFESSIONALS IN RURAL AREA
3.3. OPPORTUNITIES
3.3.1. GROWING DEMAND FOR LEGISLATION OF SAME SEX RELATIONSHIP
3.3.2. INNOVATIVE PRODUCT DEVELOPMENT SUCH AS GIDGET AND EMBRYOSCOPE
3.3.3. DETERIORATING LIFESTYLE
3.3.4. EXTENSIVE PARTNERSHIP AND COLLABORATIONS BETWEEN COMPANIES
4. MARKET SEGMENTATION
4.1. BY TECHNOLOGY
4.1.1. ARTIFICIAL INSEMINATION
4.1.2. IN VITRO FERTILIZATION
4.2. BY PROCEDURE
4.2.1. FROZEN DONOR
4.2.2. FROZEN NON-DONOR
4.2.3. FRESH DONOR
4.2.4. FRESH NON-DONOR
4.2.5. EMBRYO BANKING
5. COMPETITIVE LANDSCAPE
5.1. KEY MARKET STRATEGIES
5.2. KEY COMPANY ANALYSIS
6. REGIONAL ANALYSIS
6.1. NORTH AMERICA
6.1.1. UNITED STATES
6.1.2. CANADA
6.1.3. REST OF NORTH AMERICA
6.2. EUROPE
6.2.1. UNITED KINGDOM
6.2.2. FRANCE
6.2.3. GERMANY
6.2.4. ITALY
6.2.5. SPAIN
6.2.6. REST OF EUROPE
6.3. ASIA PACIFIC
6.3.1. INDIA
6.3.2. CHINA
6.3.3. JAPAN
6.4. REST OF THE WORLD
7. COMPANY PROFILES
7.1. ANECOVA SA
7.2. CELMATIX INC.
7.3. COOPER SURGICAL INC.
7.4. EMD SERONO, INC.
7.5. ESCO MICRO PTE LTD.
7.6. EUROPEAN SPERM BANK
7.7. EUROPEAN SPERM BANK
7.8. IKS INTERNATIONAL B.V.
7.9. INCEPT BIOSYSTEMS, INC.
7.10. INVO BIOSCIENCE INC
7.11. IRVINE SCIENTIFIC SALES COMPANY, INC.
7.12. IVFTECH APS
7.13. LABORATOIRE CCD
7.14. MERCK & CO.
7.15. NIDACON INTERNATIONAL AB
7.16. NIKON INSTRUMENTS, INC.
7.17. PANTEC BIOSOLUTIONS AG
7.18. PLANER PLC GROUP
7.19. SMITHS MEDICAL, INC.
7.20. VITROLIFE
1.1. RESEARCH METHODS AND TOOLS
1.2. MARKET BREAKDOWN
1.2.1. BY SEGMENTS
1.2.2. BY GEOGRAPHY
1.2.3. BY STAKEHOLDERS
2. MARKET OVERVIEW AND INSIGHTS
2.1. DEFINITION
2.2. ANALYST INSIGHTS &CURRENT MARKET TRENDS
2.2.1. KEY FINDINGS
2.2.2. RECOMMENDATION
2.2.3. CONCLUSION
2.3. PATENT ANALYSIS
2.4. REGULATIONS
2.4.1. UNITED STATES
2.4.2. EUROPEAN UNION
2.4.3. CHINA
2.4.4. INDIA
2.4.5. REST OF THE WORLD
3. MARKET DETERMINANT
3.1. MOTIVATORS
3.1.1. GROWING PREVALENCE OF REPRODUCTIVE PROBLEM
3.1.2. HEALTHCARE INFRASTRUCTURAL DEVELOPMENT
3.1.3. DEVELOPMENT OF PREIMPLANTATION GENERIC DIAGNOSIS
3.1.4. GOVERNMENT INITIATIVES AND SUPPORT FOR INFERTILITY PROCEDURE
3.1.5. FUNDING IN R&D
3.2. RESTRAINTS
3.2.1. HIGH COST OF TREATMENT
3.2.2. LACK OF PROFESSIONALS IN RURAL AREA
3.3. OPPORTUNITIES
3.3.1. GROWING DEMAND FOR LEGISLATION OF SAME SEX RELATIONSHIP
3.3.2. INNOVATIVE PRODUCT DEVELOPMENT SUCH AS GIDGET AND EMBRYOSCOPE
3.3.3. DETERIORATING LIFESTYLE
3.3.4. EXTENSIVE PARTNERSHIP AND COLLABORATIONS BETWEEN COMPANIES
4. MARKET SEGMENTATION
4.1. BY TECHNOLOGY
4.1.1. ARTIFICIAL INSEMINATION
4.1.2. IN VITRO FERTILIZATION
4.2. BY PROCEDURE
4.2.1. FROZEN DONOR
4.2.2. FROZEN NON-DONOR
4.2.3. FRESH DONOR
4.2.4. FRESH NON-DONOR
4.2.5. EMBRYO BANKING
5. COMPETITIVE LANDSCAPE
5.1. KEY MARKET STRATEGIES
5.2. KEY COMPANY ANALYSIS
6. REGIONAL ANALYSIS
6.1. NORTH AMERICA
6.1.1. UNITED STATES
6.1.2. CANADA
6.1.3. REST OF NORTH AMERICA
6.2. EUROPE
6.2.1. UNITED KINGDOM
6.2.2. FRANCE
6.2.3. GERMANY
6.2.4. ITALY
6.2.5. SPAIN
6.2.6. REST OF EUROPE
6.3. ASIA PACIFIC
6.3.1. INDIA
6.3.2. CHINA
6.3.3. JAPAN
6.4. REST OF THE WORLD
7. COMPANY PROFILES
7.1. ANECOVA SA
7.2. CELMATIX INC.
7.3. COOPER SURGICAL INC.
7.4. EMD SERONO, INC.
7.5. ESCO MICRO PTE LTD.
7.6. EUROPEAN SPERM BANK
7.7. EUROPEAN SPERM BANK
7.8. IKS INTERNATIONAL B.V.
7.9. INCEPT BIOSYSTEMS, INC.
7.10. INVO BIOSCIENCE INC
7.11. IRVINE SCIENTIFIC SALES COMPANY, INC.
7.12. IVFTECH APS
7.13. LABORATOIRE CCD
7.14. MERCK & CO.
7.15. NIDACON INTERNATIONAL AB
7.16. NIKON INSTRUMENTS, INC.
7.17. PANTEC BIOSOLUTIONS AG
7.18. PLANER PLC GROUP
7.19. SMITHS MEDICAL, INC.
7.20. VITROLIFE
LIST OF TABLES
Table 1 GLOBAL ART MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2017-2023 ($ MILLION)
Table 2 GLOBAL ARTIFICIAL INSEMINATION MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
Table 3 GLOBAL IN VITRO FERTILIZATION MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
Table 4 GLOBAL ART MARKET RESEARCH AND ANALYSIS BY PROCEDURE, 2017-2023 ($ MILLION)
Table 5 GLOBAL FROZEN DONOR MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
Table 6 GLOBAL FROZEN NON-DONOR MARKET RESEARCH AND ANALYSS,2017-2023 ($ MILLION)
Table 7 GLOBAL FRESH DONOR MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
Table 8 GLOBAL FRESH NON-DONOR MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
Table 9 GLOBAL EMBRYO BANKING MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
Table 10 NORTH AMERICAN ART MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2017-2023 ($ MILLION)
Table 11 NORTH AMERICAN ART MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2017-2023 ($ MILLION)
Table 12 NORTH AMERICAN ART MARKET RESEARCH AND ANALYSIS BY PROCEDURE, 2017-2023 ($ MILLION)
Table 13 EUROPEAN ART MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2017-2023 ($ MILLION)
Table 14 EUROPEAN ART MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2017-2023 ($ MILLION)
Table 15 EUROPEAN ART MARKET RESEARCH AND ANALYSIS BY PROCEDURE, 2017-2023 ($ MILLION)
Table 16 ASIA PACIFIC ART MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2017-2023 ($ MILLION)
Table 17 ASIA PACIFIC ART MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2017-2023 ($ MILLION)
Table 18 ASIA PACIFIC ART TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY PROCEDURE, 2017-2023 ($ MILLION)
Table 19 REST OF THE WORLD ART MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2017-2023 ($ MILLION)
Table 20 REST OF THE WORLD ART MARKET RESEARCH AND ANALYSIS BY PROCEDURE, 2017-2023 ($ MILLION)
Table 1 GLOBAL ART MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2017-2023 ($ MILLION)
Table 2 GLOBAL ARTIFICIAL INSEMINATION MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
Table 3 GLOBAL IN VITRO FERTILIZATION MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
Table 4 GLOBAL ART MARKET RESEARCH AND ANALYSIS BY PROCEDURE, 2017-2023 ($ MILLION)
Table 5 GLOBAL FROZEN DONOR MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
Table 6 GLOBAL FROZEN NON-DONOR MARKET RESEARCH AND ANALYSS,2017-2023 ($ MILLION)
Table 7 GLOBAL FRESH DONOR MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
Table 8 GLOBAL FRESH NON-DONOR MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
Table 9 GLOBAL EMBRYO BANKING MARKET RESEARCH AND ANALYSIS, 2017-2023 ($ MILLION)
Table 10 NORTH AMERICAN ART MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2017-2023 ($ MILLION)
Table 11 NORTH AMERICAN ART MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2017-2023 ($ MILLION)
Table 12 NORTH AMERICAN ART MARKET RESEARCH AND ANALYSIS BY PROCEDURE, 2017-2023 ($ MILLION)
Table 13 EUROPEAN ART MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2017-2023 ($ MILLION)
Table 14 EUROPEAN ART MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2017-2023 ($ MILLION)
Table 15 EUROPEAN ART MARKET RESEARCH AND ANALYSIS BY PROCEDURE, 2017-2023 ($ MILLION)
Table 16 ASIA PACIFIC ART MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2017-2023 ($ MILLION)
Table 17 ASIA PACIFIC ART MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2017-2023 ($ MILLION)
Table 18 ASIA PACIFIC ART TECHNOLOGY MARKET RESEARCH AND ANALYSIS BY PROCEDURE, 2017-2023 ($ MILLION)
Table 19 REST OF THE WORLD ART MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2017-2023 ($ MILLION)
Table 20 REST OF THE WORLD ART MARKET RESEARCH AND ANALYSIS BY PROCEDURE, 2017-2023 ($ MILLION)
LIST OF FIGURES
Figure 1 GLOBAL ART MARKET SHARE BY TECHNOLOGY, 2017 VS 2023 (IN %)
Figure 2 GLOBAL ART MARKET SHARE BY PROCEDURE, 2017 VS 2023 (IN %)
Figure 3 US ART MARKET SIZE, 2017-2023 ($MILLION)
Figure 4 CANADA ART MARKET SIZE, 2017-2023 ($MILLION)
Figure 5 UK ART MARKET SIZE, 2017-2023 ($MILLION)
Figure 6 FRANCE ART MARKET SIZE, 2017-2023 ($MILLION)
Figure 7 GERMANY ART MARKET SIZE, 2017-2023 ($MILLION)
Figure 8 ITALY ART MARKET SIZE, 2017-2023 ($MILLION)
Figure 9 SPAIN ART MARKET SIZE, 2017-2023 ($MILLION)
Figure 10 ROE ART MARKET SIZE, 2017-2023 ($MILLION)
Figure 11 INDIA ART MARKET SIZE, 2017-2023 ($MILLION)
Figure 12 CHINA ART MARKET SIZE, 2017-2023 ($MILLION)
Figure 13 JAPAN ART MARKET SIZE, 2017-2023 ($MILLION)
Figure 14 REST OF ASIA PACIFIC ART MARKET SIZE, 2017-2023 ($MILLION)
Figure 15 REST OF THE WORLD ART MARKET SIZE, 2017-2023 ($MILLION)
Figure 1 GLOBAL ART MARKET SHARE BY TECHNOLOGY, 2017 VS 2023 (IN %)
Figure 2 GLOBAL ART MARKET SHARE BY PROCEDURE, 2017 VS 2023 (IN %)
Figure 3 US ART MARKET SIZE, 2017-2023 ($MILLION)
Figure 4 CANADA ART MARKET SIZE, 2017-2023 ($MILLION)
Figure 5 UK ART MARKET SIZE, 2017-2023 ($MILLION)
Figure 6 FRANCE ART MARKET SIZE, 2017-2023 ($MILLION)
Figure 7 GERMANY ART MARKET SIZE, 2017-2023 ($MILLION)
Figure 8 ITALY ART MARKET SIZE, 2017-2023 ($MILLION)
Figure 9 SPAIN ART MARKET SIZE, 2017-2023 ($MILLION)
Figure 10 ROE ART MARKET SIZE, 2017-2023 ($MILLION)
Figure 11 INDIA ART MARKET SIZE, 2017-2023 ($MILLION)
Figure 12 CHINA ART MARKET SIZE, 2017-2023 ($MILLION)
Figure 13 JAPAN ART MARKET SIZE, 2017-2023 ($MILLION)
Figure 14 REST OF ASIA PACIFIC ART MARKET SIZE, 2017-2023 ($MILLION)
Figure 15 REST OF THE WORLD ART MARKET SIZE, 2017-2023 ($MILLION)