Latest News- Fertility Services Market: Treatment services is expected to lead the Service segment during 2025-2029

The Fertility Services Market is being driven by Rising prevalence of late parenthood

The Fertility Services Market is expected to grow at a CAGR of 7.8% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 9530.1 million. In the global healthcare landscape, there is a concerning trend of increasing prostate cancer diagnoses, making it one of the most prevalent types of cancer among men. Prostate cancer treatment typically involves prostatectomy, which necessitates the surgical removal of the prostate gland and, in many cases, the seminal vesicles. This procedure can result in impaired sexual function and infertility for approximately half of the affected men. Despite the best efforts of skilled surgeons and oncologists, post-treatment, these patients often face challenges in regaining the ability to conceive naturally. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Service
  • Treatment services
  • Testing and storage services
  • Others
• End-user
  • Fertility clinics
  • Hospitals
  • Surgical centers
  • Clinical research institutes
• Method
  • In-vitro fertilization
  • Artificial insemination
• Gender
  • Female
  • Male
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Norway
  • APAC
    • China
    • India
    • Japan
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rising prevalence of late parenthood
• Increase in fertility tourism
• Rising number of fertility clinics

However, the market also witnesses some limitations, which are as follows:

• High complication rate in fertility services
• Ethical, legal, and social issues in fertility services
• Limited insurance coverage and improper regulatory oversight

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Market Scope in Fertility Services Market Research Report

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Research Analysis Overview

The Fertility Services Market encompasses various treatments and technologies, including ovarian stimulation protocols, embryo culture media, and blastocyst development, aimed at enhancing infertility treatment. Key performance indicators include implantation rate, pregnancy rate, and multiple gestation, while challenges include ectopic pregnancy, miscarriage rate, and complications like ovarian hyperstimulation syndrome. Fertility medication, assisted reproductive technology (ART), intrauterine insemination (IUI), artificial insemination, donor insemination, semen cryopreservation, and reproductive endocrinology are integral components. Infertility diagnosis tools like ovulation predictor kits, basal body temperature tracking, cervical mucus analysis, menstrual cycle tracking, and hormone level assessment, as well as ultrasound imaging, play a crucial role in the process.

Market Research Overview

The Fertility Services Market is a niche segment within the broader Consumer Services industry. This market encompasses specialized providers offering In-Vitro Fertilization (IVF), Embryo Transfer (ET), Gamete Intrafallopian Transfer (GIFT), and Assisted Hatching (AH) services. Technavio's market analysis calculates the market size based on the revenue generated by these providers. The report includes sectors such as IVF clinics, fertility centers, and related support services. Exclusions from the market scope are casino and gaming, hotel, resort, and cruise lines; leisure facilities; restaurants; and education services.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
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