Fertility Treatments Global Market Sees Growth Rate Of 8% Through 2022

The global fertility treatments market size is expected to grow from $14.13 billion in 2021 to $15.26 billion in 2022 at a compound annual growth rate (CAGR) of 8.0%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The fertility treatment market is expected to reach $21.04 billion in 2026 at a CAGR of 8.4%.

What is the Global Fertility Treatments Market?

The fertility treatment market consists of sales services and related products that are used in various applications to treat infertile patients. Fertility treatment is a medical procedure intended to increase the chances of conceiving a child.

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What drives the Global Fertility Treatments Market?

The growth in the median age of first-time motherhood combined with change in lifestyle increased the difficulty of conceiving, increasing the demand for fertility treatment. The median age of first-time motherhood has increased all over the globe due to late marriages, contraceptive techniques, and increase in number of women who prioritize their careers over starting a family. In 2020, the average age of first-time mothers in America has risen from 21 to 26. Women in other developed countries are also deferring, with the typical first birth occurring at the age of 31 for new mothers. In this scenario, a growing number of women are being opting for IVF treatments, which is expected to drive the fertility treatment market.

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Global Fertility Treatments Market Segments
The global fertility treatments market is segmented:
By Product: Reagents, Equipment
By End-User: Fertility Clinics, Hospitals, Surgical Centers, Clinical Research Institutes
By Patient Type: Female, Male
By Geography: The regions covered in the fertility treatments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Fertility Treatments Global Market Report 2022provides market size and growth forecasts for the global fertility treatments market, global fertility treatments market share, fertility treatments market segments and geographies, fertility treatments market competitive landscape including leading competitors’ revenues, profiles and market shares. The fertility treatments market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Fertility Treatments Industry Playersinclude Apollo Hospitals Enterprise Ltd., Care Fertility Group, Genea Limited, The Johns Hopkins Health System Corp, Medicover Group, Monash IVF Group, Progyny Inc., Vitrolife, Carolinas Fertility Institute, OvaScience Inc., Xytex Cryo International, Merck KGaA, Cook Medical, CooperSurgical Inc, Instituto Bernabeu, INVO Bioscience, The Cooper Companies Inc., Virtus Health, CryoChoice LLC, Millendo Therapeutics Inc, FUJIFILM Irvine Scientific, LABOTECT GMBH, Fertility Focus, Olympus Corporation, Irvine Scientific sales Company Inc, and Ferring Pharmaceuticals. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.