A Comprehensive historical analysis of Global Assistive Reproductive Technology Market has thoroughly analyzed in this report. It offers data and insights from 2019-2022, and provides extensive market forecasts from 2021-2030 by region/country and subsectors. It covers the price, sales volume, revenue, historical growth, gross margin, and future outlooks for the Assistive Reproductive Technology market.
The global assistive reproductive technology market is expected to reach USD 43.2 billion by 2030, at a CAGR of 7% during the forecast period 2022 to 2030.
Key Factors Driving the ART Market Growth
1. Rising Infertility Rates
Infertility affects millions of couples worldwide due to factors such as delayed pregnancies, lifestyle changes, and medical conditions. This has led to a higher demand for ART procedures like In Vitro Fertilization (IVF), Intracytoplasmic Sperm Injection (ICSI), and surrogacy.
2. Technological Advancements
Innovations in genetic screening (PGT), cryopreservation, and AI-driven embryo selection have improved success rates, making ART more reliable and accessible.
3. Increasing Awareness and Acceptance
Societal acceptance of ART procedures and government initiatives supporting fertility treatments are encouraging more people to seek assistance.
4. Expanding Healthcare Infrastructure
Developing countries are witnessing a surge in fertility clinics, making treatments more affordable and available to a broader population.
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Challenges in the ART Market
Despite growth, the market faces hurdles such as:
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High treatment costs limiting accessibility.
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Ethical and legal concerns surrounding procedures like surrogacy and genetic modifications.
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Emotional and psychological stress on patients undergoing treatments.
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- In June 2022, Inception Fertility expanded its ecosystem with the introduction of HavenCryo, a long-term reproductive tissue and cryopreservation storage solution that provides fertility specialists and patients with a distinctive experience. It consists of equipment for assisted reproduction (ART).
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Future Outlook
The ART market is poised for expansion, with North America and Europe leading adoption, while Asia-Pacific shows rapid growth due to improving healthcare systems.
For a deeper dive into market trends, key players, and regional insights, check out the full report here: Assistive Reproductive Technology Market – Spherical Insights.
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