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, the incidence of prostate cancer, one of the most prevalent types among men, is on the rise. This cancer often necessitates prostatectomy as a primary treatment method, which involves the surgical removal of the prostate gland and seminal vesicles. Regrettably, this procedure frequently results in impaired sexual function and reduced fertility for approximately half of the affected males. Despite the best efforts of skilled surgeons and oncologists, post-treatment, these patients often face challenges in fathering children through natural means.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
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Report Coverage |
Details |
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Page number |
234 |
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Base year |
2024 |
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Historic period |
2019-2023 |
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Forecast period |
2025-2029 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7.8% |
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Market growth 2025-2029 |
USD 9530.1 million |
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Market structure |
fragmentation |
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YoY growth 2024-2025(%) |
6.9 |
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Key countries |
US, China, Germany, Canada, UK, Japan, France, Italy, India, and Norway |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Fertility Services Market encompasses various treatments and techniques to address infertility, including third-party reproduction methods such as gestational surrogacy and traditional surrogacy. Other offerings include egg freezing for social and medical purposes, fertility awareness methods, and assisted reproductive technologies like ovulation predictor kits, clomiphene citrate, and hormonal therapies (FSH, GnRH agonists, GnRH antagonists). Advanced procedures include in-vitro maturation (IVM), time-lapse imaging, and blastocyst culture. The market caters to various infertility issues, including endometriosis and unexplained infertility, with reported success rates, pregnancy rates, implantation rates, multiple gestations, miscarriage rates, and ectopic pregnancy risks.
The Fertility Services Market encompasses the earnings generated by specialists in reproductive health, offering in-vitro fertilization (IVF), artificial insemination (AI), donor eggs, donor sperm, and embryo adoption services. Technavio's market analysis calculates the Fertility Services Market size based on the revenue generated by these providers, excluding industries such as casino and gaming, hotel, resorts, and cruise lines; leisure facilities; restaurants; and education services. Key services include IVF clinics, fertility centers, and sperm and egg banks.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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