Infertility affects a large population on a global scale. For instance, according to the World Health Organization (WHO) 2012 report, infertility affected one out of four couples in emerging economies. Several institutes are working towards developing efficient treatment for infertile couples. To treat infertility, there are many treatments available such as in-vitro fertilization (IVF), artificial insemination, laparoscopic surgery, and others.
Market Dynamics
Increasing adoption of inorganic growth strategies, such as partenerships by key players in the market to expand their product portfolio, is expected to drive the market growth over the forecast period. For instance, in October 2022, Ovation Fertility, one of the IVF technology company, announced partnership with Genomic Prediction, which will enhance and expand the genetic testing options available to hopeful parents. Ovation Fertility will be able to offer physicians and patients the most comprehensive preimplantation genetic testing (PGT) available to aid in the selection of optimal-quality embryos for transfer as part of IVF.
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