Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 20 Billion | USD 41.45 Billion | 6.25% | 2021 |
FrequentlyAsked Questions
The global assisted reproductive technology market is anticipated to be driven by the rising number of infertility cases across the globe. Until some years ago, the global assisted reproductive technology market lacked the necessary advanced technology to study the small changes of abnormalities in human reproductive systems which has been taken care of by the adoption of better technical systems which may provide global market growth opportunities.
According to Zion Market Research, the global assisted reproductive technology market size was worth around USD 20 billion in 2021 and is predicted to grow to around USD 41.45 billion by 2028 with a compound annual growth rate (CAGR) of roughly 6.25% between 2022 and 2028
The global assisted reproductive technology market is anticipated to be dominated by North America during the next few years owing to the higher adoption rate of ART driven by the presence of high-income groups that can afford the treatment procedure.
The global assisted reproductive technology market is driven by players like Fujifilm Holdings Corporation (Irvine Scientific Sales Company, Inc.), Oxford Gene Technology, Cook Medical Inc., Genea Biomedx, Millendo Therapeutics, Inc., Merck KGaA (EMD Serono, Inc.), The Cooper Companies, Inc. (CooperSurgical, Inc.), Progyny Inc., Vitrolife AB, and Thermo Fisher Scientific, Inc.
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