Fertility Tourism Market Size, Share & Trends Analysis Report By Age Group (18-24, 25-34, 34-44, 46-54), By Country (U.S., U.K., Spain, Czech Republic, Portugal, Thailand, India), And Segment Forecasts, 2022 - 2030
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Fertility Tourism Market Growth & Trends
The global fertility tourism market size is expected to reach USD 6.2 billion by 2030, exhibiting a CAGR of 30.33% from 2022 to 2030, according to a new report by Grand View Research, Inc. Lower cost of treatment in neighboring countries and a high success rate of IVF in countries such as Spain, U.S., and the U.K. are main factors due to which people are opting for reproductive tourism. Furthermore, the increasing rate of infertility due to factors such as high alcohol consumption, drug abuse, stress, and smoking is propelling the market.
Delayed pregnancy in women is favoring the market growth. Technological advancements and the introduction of IVF and various assisted reproductive technologies are likely to bode well with the market. Countries such as U.S., Spain, India, Czech Republic, are offering advanced treatments such as intracytoplasmic sperm injection, gamete intrafallopian transfer, Zygote intrafallopian transfer, and others. Many single women and gay or lesbian couples have to opt for reproductive tourism as the regulatory frameworks in their home counties do not allow them to avail treatments.
The COVID-19 pandemic adversely impacted the medical tourism industry. It shook the travel and tourism industry to its foundations. Prominent hospital service providers suffered heavy losses in 2020, as COVID-19 pandemic travel restrictions negatively affected medical services aimed at medical tourists. A sharp decline in the number of patient arrivals due to travel bans and strict regulations heavily impacted the fertility tourism industry.
Fertility Tourism Market Report Highlights
Fertility Tourism Market Growth & Trends
The global fertility tourism market size is expected to reach USD 6.2 billion by 2030, exhibiting a CAGR of 30.33% from 2022 to 2030, according to a new report by Grand View Research, Inc. Lower cost of treatment in neighboring countries and a high success rate of IVF in countries such as Spain, U.S., and the U.K. are main factors due to which people are opting for reproductive tourism. Furthermore, the increasing rate of infertility due to factors such as high alcohol consumption, drug abuse, stress, and smoking is propelling the market.
Delayed pregnancy in women is favoring the market growth. Technological advancements and the introduction of IVF and various assisted reproductive technologies are likely to bode well with the market. Countries such as U.S., Spain, India, Czech Republic, are offering advanced treatments such as intracytoplasmic sperm injection, gamete intrafallopian transfer, Zygote intrafallopian transfer, and others. Many single women and gay or lesbian couples have to opt for reproductive tourism as the regulatory frameworks in their home counties do not allow them to avail treatments.
The COVID-19 pandemic adversely impacted the medical tourism industry. It shook the travel and tourism industry to its foundations. Prominent hospital service providers suffered heavy losses in 2020, as COVID-19 pandemic travel restrictions negatively affected medical services aimed at medical tourists. A sharp decline in the number of patient arrivals due to travel bans and strict regulations heavily impacted the fertility tourism industry.
Fertility Tourism Market Report Highlights
- In terms of age group, the 35-44 segment accounted for the largest revenue share in 2021. The segment is expected to maintain its dominance throughout the forecast period. High infertility rates among this age group and increasing spending capacity are major factors for the dominant share of the segment.
- Turkey dominated the market in terms of revenue share in 2021. Turkey is a popular IVF treatment destination among medical travelers with over 140 IVF clinics.
- Spain is among the most preferred destination for IVF treatment among all the European countries. The country witnessed the influx of patients from France, Italy, the U.S., and other countries owing to quality services and favorable legal framework.
- In July 2020, in line with restrictions caused by the COVID-19 pandemic, Oasis Fertility launched a contactless patient engagement initiative with the goal of expanding the field of fertility tourism through digital media.
CHAPTER 1 REPORT SCOPE AND OBJECTIVES
1.1 Market Segmentation
1.2 Regional Scope
1.3 Estimates and Forecast Timeline
1.4 Research Objectives
1.4.1 Objective -
1.4.2 Objective -
1.4.3 Objective -
CHAPTER 2 METHODOLOGY
2.1 Research Methodology
2.2 Information Procurement
2.2.1 Purchased Database
2.2.2 GVR’s Internal Database
2.2.3 Secondary Sources
2.2.4 Primary Research
2.2.5 Details of Primary Research
2.3 Information or Data Analysis
2.3.1 Data Analysis Models
2.4 Market Formulation & Validation
2.5 Model Details
2.5.1 Volume Price Analysis
2.6 List of Secondary Sources
2.7 List of Abbreviations
CHAPTER 3 EXECUTIVE SUMMARY
3.1 Market Outlook
3.2 Segment Outlook
3.2.1 Age group
3.3 Country Outlook
3.4 Competitive Insights
CHAPTER 4 MARKET VARIABLES, TRENDS & SCOPE
4.1 Market Lineage outlook
4.1.1 Parent market outlook
4.2 Market Dynamics
4.2.1 Market driver analysis
4.2.1.1 The rise in accessibility and increasing proximity of healthcare facilities
4.2.1.2 Increase in adoption of digital devices.
4.2.2 Market restraint analysis
4.2.2.1 Strenuous maintenance issues along with increased costs of ART's techniques hinder the market growth.
4.3 Penetration & Growth Prospect Mapping
4.4 Business Environment Analysis Tools
4.4.1 Porter’s Five Forces analysis
4.4.1.1 Competitive rivalry
4.4.1.2 Threat of new entrants
4.4.1.3 Bargaining power of buyers
4.4.1.4 Bargaining power of suppliers
4.4.1.5 Threat of substitutes
4.4.2 PESTEL Analysis
4.4.2.1 Political landscape
4.4.2.2 Economic and social landscape
4.4.2.3 Technological landscape
CHAPTER 5 FERTILITY TOURISM MARKET: AGE GROUP ANALYSIS
5.1 Fertility Tourism Market Age group Market Share Analysis, 2021 & 2030
5.2 Fertility Tourism Market Age group Market: Segment Dashboard
5.3 Market Size & Forecasts and Trend Analyses, 2016 to 2030 for the Age group Segment
5.3.1 18-24
5.3.1.1 18-24 market, 2016 - 2030 (USD Million)
5.3.2 25-34
5.3.2.1 25-34 market, 2016 - 2030 (USD Million)
5.3.3 35-44
5.3.3.1 35-44 market, 2016 - 2030 (USD Million)
5.3.4 45-54
5.3.4.1 45-54 market, 2016 - 2030 (USD Million)
CHAPTER 6 FERTILITY TOURISM MARKET: COUNTRY ANALYSIS
6.1 Fertility Tourism Market Country Market Share Analysis, 2020 & 2030
6.2 Country Market Snapshot
6.3 Market Size, & Forecasts, and Trend Analysis, 2016 to 2030
6.3.1 U.S.
6.3.1.1. U.S. Fertility Tourism Market, 2016 - 2030 (USD Million)
6.3.2 U.K.
6.3.2.1 U.K. Fertility Tourism Market, 2016 - 2030 (USD Million)
6.3.3 Spain
6.3.3.1 Spain Fertility Tourism Market, 2016 - 2030 (USD Million)
6.3.4 Czech Republic
6.3.4.1 Czech Republic Fertility Tourism Market, 2016 - 2030 (USD Million)
6.3.5 Turkey
6.3.5.1 Turkey Fertility Tourism Market, 2016 - 2030 (USD Million)
6.3.6 Portugal
6.3.6.1 Portugal Fertility Tourism Market, 2016 - 2030 (USD Million)
6.3.7 South Korea
6.3.7.1 South Korea Fertility Tourism Market, 2016 - 2030 (USD Million)
6.3.8 India
6.3.8.1 India Fertility Tourism Market, 2016 - 2030 (USD Million)
6.3.9 Thailand
6.3.9.1 Thailand Fertility Tourism Market, 2016 - 2030 (USD Million)
6.3.10 Malaysia
6.3.10.1 Malaysia Fertility Tourism Market, 2016 - 2030 (USD Million)
CHAPTER 7 COMPETITIVE ANALYSIS
7.1 Recent developments & impact analysis, by key market participants
7.2 Competition Categorization (Key innovators, Market leaders, emerging players
7.3 Company Market Position Analysis
7.4 Company Profiles
7.4.1 San Diego Fertility Center
7.4.1.1 Company overview
7.4.1.2 Financial performance
7.4.1.3 Service benchmarking
7.4.1.4 Strategic initiatives
7.4.2 IVF-Life
7.4.2.1 Company overview
7.4.2.2 Financial performance
7.4.2.3 Service benchmarking
7.4.2.4 Strategic initiatives
7.4.3 Barcelona IVF
7.4.3.1 Company overview
7.4.3.2 Financial performance
7.4.3.3 Service benchmarking
7.4.3.4 Strategic initiatives
7.4.4 Eva Fertility Clinics
7.4.4.1 Company overview
7.4.4.2 Financial performance
7.4.4.3 Service benchmarking
7.4.4.4 Strategic initiatives
7.4.5 The Surrey Park Clinic
7.4.5.1 Company overview
7.4.5.2 Financial performance
7.4.5.3 Service benchmarking
7.4.5.4 Strategic initiatives
7.4.6 Bumrungrad International Hospital
7.4.6.1 Company overview
7.4.6.2 Financial performance
7.4.6.3 Service benchmarking
7.4.6.4 Strategic initiatives
7.4.7 Assisted Reproduction and Gynecology Centre
7.4.7.1 Company overview
7.4.7.2 Financial performance
7.4.7.3 Service benchmarking
7.4.7.4 Strategic initiatives
7.4.8 Sincere IVF Center
7.4.8.1 Company overview
7.4.8.2 Financial performance
7.4.8.3 Service benchmarking
7.4.8.4 Strategic initiatives
7.4.9 Alpha IVF & Women’s Specialists
7.4.9.1 Company overview
7.4.9.2 Financial performance
7.4.9.3 Service benchmarking
7.4.9.4 Strategic initiatives
7.4.10 Genesis IVF
7.4.10.1 Company overview
7.4.10.2 Financial performance
7.4.10.3 Service benchmarking
7.4.10.4 Strategic initiatives
7.4.11 Manchester Fertility Services Ltd
7.4.9.11 Company overview
7.4.9.11 Financial performance
7.4.9.11 Service benchmarking
7.4.9.11 Strategic initiatives
7.4.12 Apollo Fertility
7.4.10.12 Company overview
7.4.10.12 Financial performance
7.4.10.12 Service benchmarking
7.4.10.12 Strategic initiatives?
1.1 Market Segmentation
1.2 Regional Scope
1.3 Estimates and Forecast Timeline
1.4 Research Objectives
1.4.1 Objective -
1.4.2 Objective -
1.4.3 Objective -
CHAPTER 2 METHODOLOGY
2.1 Research Methodology
2.2 Information Procurement
2.2.1 Purchased Database
2.2.2 GVR’s Internal Database
2.2.3 Secondary Sources
2.2.4 Primary Research
2.2.5 Details of Primary Research
2.3 Information or Data Analysis
2.3.1 Data Analysis Models
2.4 Market Formulation & Validation
2.5 Model Details
2.5.1 Volume Price Analysis
2.6 List of Secondary Sources
2.7 List of Abbreviations
CHAPTER 3 EXECUTIVE SUMMARY
3.1 Market Outlook
3.2 Segment Outlook
3.2.1 Age group
3.3 Country Outlook
3.4 Competitive Insights
CHAPTER 4 MARKET VARIABLES, TRENDS & SCOPE
4.1 Market Lineage outlook
4.1.1 Parent market outlook
4.2 Market Dynamics
4.2.1 Market driver analysis
4.2.1.1 The rise in accessibility and increasing proximity of healthcare facilities
4.2.1.2 Increase in adoption of digital devices.
4.2.2 Market restraint analysis
4.2.2.1 Strenuous maintenance issues along with increased costs of ART's techniques hinder the market growth.
4.3 Penetration & Growth Prospect Mapping
4.4 Business Environment Analysis Tools
4.4.1 Porter’s Five Forces analysis
4.4.1.1 Competitive rivalry
4.4.1.2 Threat of new entrants
4.4.1.3 Bargaining power of buyers
4.4.1.4 Bargaining power of suppliers
4.4.1.5 Threat of substitutes
4.4.2 PESTEL Analysis
4.4.2.1 Political landscape
4.4.2.2 Economic and social landscape
4.4.2.3 Technological landscape
CHAPTER 5 FERTILITY TOURISM MARKET: AGE GROUP ANALYSIS
5.1 Fertility Tourism Market Age group Market Share Analysis, 2021 & 2030
5.2 Fertility Tourism Market Age group Market: Segment Dashboard
5.3 Market Size & Forecasts and Trend Analyses, 2016 to 2030 for the Age group Segment
5.3.1 18-24
5.3.1.1 18-24 market, 2016 - 2030 (USD Million)
5.3.2 25-34
5.3.2.1 25-34 market, 2016 - 2030 (USD Million)
5.3.3 35-44
5.3.3.1 35-44 market, 2016 - 2030 (USD Million)
5.3.4 45-54
5.3.4.1 45-54 market, 2016 - 2030 (USD Million)
CHAPTER 6 FERTILITY TOURISM MARKET: COUNTRY ANALYSIS
6.1 Fertility Tourism Market Country Market Share Analysis, 2020 & 2030
6.2 Country Market Snapshot
6.3 Market Size, & Forecasts, and Trend Analysis, 2016 to 2030
6.3.1 U.S.
6.3.1.1. U.S. Fertility Tourism Market, 2016 - 2030 (USD Million)
6.3.2 U.K.
6.3.2.1 U.K. Fertility Tourism Market, 2016 - 2030 (USD Million)
6.3.3 Spain
6.3.3.1 Spain Fertility Tourism Market, 2016 - 2030 (USD Million)
6.3.4 Czech Republic
6.3.4.1 Czech Republic Fertility Tourism Market, 2016 - 2030 (USD Million)
6.3.5 Turkey
6.3.5.1 Turkey Fertility Tourism Market, 2016 - 2030 (USD Million)
6.3.6 Portugal
6.3.6.1 Portugal Fertility Tourism Market, 2016 - 2030 (USD Million)
6.3.7 South Korea
6.3.7.1 South Korea Fertility Tourism Market, 2016 - 2030 (USD Million)
6.3.8 India
6.3.8.1 India Fertility Tourism Market, 2016 - 2030 (USD Million)
6.3.9 Thailand
6.3.9.1 Thailand Fertility Tourism Market, 2016 - 2030 (USD Million)
6.3.10 Malaysia
6.3.10.1 Malaysia Fertility Tourism Market, 2016 - 2030 (USD Million)
CHAPTER 7 COMPETITIVE ANALYSIS
7.1 Recent developments & impact analysis, by key market participants
7.2 Competition Categorization (Key innovators, Market leaders, emerging players
7.3 Company Market Position Analysis
7.4 Company Profiles
7.4.1 San Diego Fertility Center
7.4.1.1 Company overview
7.4.1.2 Financial performance
7.4.1.3 Service benchmarking
7.4.1.4 Strategic initiatives
7.4.2 IVF-Life
7.4.2.1 Company overview
7.4.2.2 Financial performance
7.4.2.3 Service benchmarking
7.4.2.4 Strategic initiatives
7.4.3 Barcelona IVF
7.4.3.1 Company overview
7.4.3.2 Financial performance
7.4.3.3 Service benchmarking
7.4.3.4 Strategic initiatives
7.4.4 Eva Fertility Clinics
7.4.4.1 Company overview
7.4.4.2 Financial performance
7.4.4.3 Service benchmarking
7.4.4.4 Strategic initiatives
7.4.5 The Surrey Park Clinic
7.4.5.1 Company overview
7.4.5.2 Financial performance
7.4.5.3 Service benchmarking
7.4.5.4 Strategic initiatives
7.4.6 Bumrungrad International Hospital
7.4.6.1 Company overview
7.4.6.2 Financial performance
7.4.6.3 Service benchmarking
7.4.6.4 Strategic initiatives
7.4.7 Assisted Reproduction and Gynecology Centre
7.4.7.1 Company overview
7.4.7.2 Financial performance
7.4.7.3 Service benchmarking
7.4.7.4 Strategic initiatives
7.4.8 Sincere IVF Center
7.4.8.1 Company overview
7.4.8.2 Financial performance
7.4.8.3 Service benchmarking
7.4.8.4 Strategic initiatives
7.4.9 Alpha IVF & Women’s Specialists
7.4.9.1 Company overview
7.4.9.2 Financial performance
7.4.9.3 Service benchmarking
7.4.9.4 Strategic initiatives
7.4.10 Genesis IVF
7.4.10.1 Company overview
7.4.10.2 Financial performance
7.4.10.3 Service benchmarking
7.4.10.4 Strategic initiatives
7.4.11 Manchester Fertility Services Ltd
7.4.9.11 Company overview
7.4.9.11 Financial performance
7.4.9.11 Service benchmarking
7.4.9.11 Strategic initiatives
7.4.12 Apollo Fertility
7.4.10.12 Company overview
7.4.10.12 Financial performance
7.4.10.12 Service benchmarking
7.4.10.12 Strategic initiatives?
LIST OF TABLES
Table 1 List of secondary sources
Table 2 List of abbreviations
Table 3 Global age group fertility tourism market estimates and forecast, 2016 - 2030 (USD Million)
Table 4 Global 18-24 market estimates and forecast, 2016 - 2030 (USD Million)
Table 5 Global 25-34 market estimates and forecast, 2016 - 2030 (USD Million)
Table 6 Global 35-44 market estimates and forecast, 2016 - 2030 (USD Million)
Table 7 Global 45-54 market estimates and forecast, 2016 - 2030 (USD Million)
Table 8 U.S. Fertility Tourism Market revenue estimates and forecast by age group, 2016 - 2030 (USD Million)
Table 9 U.K. Fertility Tourism Market revenue estimates and forecast by age group, 2016 - 2030 (USD Million)
Table 10 Turkey Fertility Tourism Market revenue estimates and forecast by age group, 2016 - 2030 (USD Million)
Table 11 Spain Fertility Tourism Market revenue estimates and forecast by age group, 2016 - 2030 (USD Million)
Table 12 Portugal Fertility Tourism Market revenue estimates and forecast by age group, 2016 - 2030 (USD Million)
Table 13 South Korea Fertility Tourism Market revenue estimates and forecast by age group, 2016 - 2030 (USD Million)
Table 14 India Fertility Tourism Market revenue estimates and forecast by age group, 2016 - 2030 (USD Million)
Table 15 Thailand Fertility Tourism Market revenue estimates and forecast by age group, 2016 - 2030 (USD Million)
Table 1 List of secondary sources
Table 2 List of abbreviations
Table 3 Global age group fertility tourism market estimates and forecast, 2016 - 2030 (USD Million)
Table 4 Global 18-24 market estimates and forecast, 2016 - 2030 (USD Million)
Table 5 Global 25-34 market estimates and forecast, 2016 - 2030 (USD Million)
Table 6 Global 35-44 market estimates and forecast, 2016 - 2030 (USD Million)
Table 7 Global 45-54 market estimates and forecast, 2016 - 2030 (USD Million)
Table 8 U.S. Fertility Tourism Market revenue estimates and forecast by age group, 2016 - 2030 (USD Million)
Table 9 U.K. Fertility Tourism Market revenue estimates and forecast by age group, 2016 - 2030 (USD Million)
Table 10 Turkey Fertility Tourism Market revenue estimates and forecast by age group, 2016 - 2030 (USD Million)
Table 11 Spain Fertility Tourism Market revenue estimates and forecast by age group, 2016 - 2030 (USD Million)
Table 12 Portugal Fertility Tourism Market revenue estimates and forecast by age group, 2016 - 2030 (USD Million)
Table 13 South Korea Fertility Tourism Market revenue estimates and forecast by age group, 2016 - 2030 (USD Million)
Table 14 India Fertility Tourism Market revenue estimates and forecast by age group, 2016 - 2030 (USD Million)
Table 15 Thailand Fertility Tourism Market revenue estimates and forecast by age group, 2016 - 2030 (USD Million)
LIST OF FIGURES
Fig. 1 Fertility Tourism Market segmentation
Fig. 2 Market research process
Fig. 3 Information procurement
Fig. 4 Primary research pattern
Fig. 5 Market research approaches
Fig. 6 Value-chain-based sizing & forecasting
Fig. 7 QFD modeling for market share assessment
Fig. 8 Market formulation & validation
Fig. 9 Market outlook, 2021 (USD Million)
Fig. 10 Market trends & outlook
Fig. 11 Market driver relevance analysis (Current & future impact)
Fig. 12 Market restraint relevance analysis (Current & future impact)
Fig. 13 Penetration & growth prospect mapping
Fig. 14 Fertility Tourism Market: Age group movement analysis (USD millions)
Fig. 15 Fertility Tourism Market age group outlook: Segment dashboard
Fig. 16 18-24 market 2016 - 2030 (USD Million)
Fig. 17 25-34 market 2016 - 2030 (USD Million)
Fig. 18 35-44 market 2016 - 2030 (USD Million)
Fig. 19 45-54 market 2016 - 2030 (USD Million)
Fig. 20 Country marketplace: Key takeaways
Fig. 21 Country movement analysis, 2021 & 2030 (USD million)
Fig. 22 U.S. Fertility Tourism Market, 2016 - 2030 (USD Million)
Fig. 23 U.K. Fertility Tourism Market, 2016 - 2030 (USD Million)
Fig. 24 Czech Republic Fertility Tourism Market, 2016 - 2030 (USD Million)
Fig. 25 Turkey Fertility Tourism Market, 2016 - 2030 (USD Million)
Fig. 26 Portugal Fertility Tourism Market, 2016 - 2030 (USD Million)
Fig. 27 Spain Fertility Tourism Market, 2016 - 2030 (USD Million)
Fig. 28 South Korea Fertility Tourism Market, 2016 - 2030 (USD Million)
Fig. 29 India Fertility Tourism Market, 2016 - 2030 (USD Million)
Fig. 30 Thailand Fertility Tourism Market, 2016 - 2030 (USD Million)
Fig. 31 Malaysia Tourism Market, 2016 - 2030 (USD Million)
Fig. 32 Impact analysis by key market participants
Fig. 33 Strategy framework/Competition categorization
Fig. 34 Company market position analysis?
Fig. 1 Fertility Tourism Market segmentation
Fig. 2 Market research process
Fig. 3 Information procurement
Fig. 4 Primary research pattern
Fig. 5 Market research approaches
Fig. 6 Value-chain-based sizing & forecasting
Fig. 7 QFD modeling for market share assessment
Fig. 8 Market formulation & validation
Fig. 9 Market outlook, 2021 (USD Million)
Fig. 10 Market trends & outlook
Fig. 11 Market driver relevance analysis (Current & future impact)
Fig. 12 Market restraint relevance analysis (Current & future impact)
Fig. 13 Penetration & growth prospect mapping
Fig. 14 Fertility Tourism Market: Age group movement analysis (USD millions)
Fig. 15 Fertility Tourism Market age group outlook: Segment dashboard
Fig. 16 18-24 market 2016 - 2030 (USD Million)
Fig. 17 25-34 market 2016 - 2030 (USD Million)
Fig. 18 35-44 market 2016 - 2030 (USD Million)
Fig. 19 45-54 market 2016 - 2030 (USD Million)
Fig. 20 Country marketplace: Key takeaways
Fig. 21 Country movement analysis, 2021 & 2030 (USD million)
Fig. 22 U.S. Fertility Tourism Market, 2016 - 2030 (USD Million)
Fig. 23 U.K. Fertility Tourism Market, 2016 - 2030 (USD Million)
Fig. 24 Czech Republic Fertility Tourism Market, 2016 - 2030 (USD Million)
Fig. 25 Turkey Fertility Tourism Market, 2016 - 2030 (USD Million)
Fig. 26 Portugal Fertility Tourism Market, 2016 - 2030 (USD Million)
Fig. 27 Spain Fertility Tourism Market, 2016 - 2030 (USD Million)
Fig. 28 South Korea Fertility Tourism Market, 2016 - 2030 (USD Million)
Fig. 29 India Fertility Tourism Market, 2016 - 2030 (USD Million)
Fig. 30 Thailand Fertility Tourism Market, 2016 - 2030 (USD Million)
Fig. 31 Malaysia Tourism Market, 2016 - 2030 (USD Million)
Fig. 32 Impact analysis by key market participants
Fig. 33 Strategy framework/Competition categorization
Fig. 34 Company market position analysis?
