Global Fertility Services Market 2020-2024
Technavio has been monitoring the fertility services market and it is poised to grow by $ 7.45 bn during 2020-2024, progressing at a CAGR of 7% during the forecast period. Our reports on fertility services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the rising prevalence of late parenthood, an increase in fertility tourism, and a rising number of fertility clinics. In addition, rising prevalence of late parenthood is anticipated to boost the growth of the market as well.
The fertility services market analysis includes service segment, gender segment, and geographical landscapes
Technavio's fertility services market is segmented as below:
- Treatment services
- Testing and storage services
- Other services
- By Gender
- Male fertility
- Female fertility
By Geographic Landscapes
- North America
- South America
This study identifies the rising cases of prostate cancer as one of the prime reasons driving the fertility services market growth during the next few years. Also, the rising number of sperm donors at sperm banks and growing online promotions of fertility services will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our fertility services market covers the following areas:
- Fertility services market sizing
- Fertility services market forecast
- Fertility services market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fertility services market vendors that include Anecova SA, CRITEX GmbH, Esco Micro Pte. Ltd, Instituto Bernabeu SL, INVO Bioscience Inc, Merck KGaA, Monash IVF Group Ltd., The Cooper Companies Inc., Virtus Health Ltd., and Vitrolife AB. Also, the fertility services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.