Women Infertility Market Scope
Infertility is the inability of a person to reproduce naturally. Women infertility is the inability of a female to become pregnant and carry pregnancy to full term. It is the most common issue faced by couples trying to get conceived. The most commonly diagnosed causes of female infertility are issues with ovulation, hormonal imbalance, anatomical disorders of the reproductive system such as damage caused to the fallopian tubes, the uterus, or the cervix, overuse of alcohol or drugs and other. Increasing prevalence of polycystic ovarian syndrome (PCOS) and other hormonal disorders, changing lifestyle, obesity, and increasing awareness about advanced fertility techniques are key driving agent to boost the fertility diagnosis & treatment market across the globe.
According to AMA, the Global Women Infertility market is expected to see growth rate of 7.7% and may see market size of USD2.4 Billion by 2026.
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Women Infertility market throughout the predicted period.
Thermo Fisher Scientific Inc. (United States), Esco Micro Pte. Ltd. (Singapore), Genea Limited (Australia), IVFtech ApS (Denmark), Irvine Scientific (United States), The Baker Company Inc. (United States), Kitazato (Japan), Rocket Medical Plc. (United Kingdom), IHMedical A/S (Denmark) and Hamilton Throne Ltd. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are MedGyn Products, Inc. (United States), ZEISS Group (Germany) and SoMATEX Medical Technologies GmbH (Germany).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Women Infertility market by Type (Media & Consumables, Equipment (Microscopes, Sperm Analyzer Systems, Ovum Aspiration Pumps, Micromanipulators Systems, Incubators and Others) and Accessories) and Region with country level break-up.
On the basis of geography, the market of Women Infertility has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In April 2018, Baker Ruskinn (UK) entered into a partnership with I&L Biosystems UK Ltd. (UK) as its UK sales partner with the aim to expand its sales and distribution and strengthen its presence in the UK market
In March 2018, Vitrolife AB (Sweden) received approval for the sale of its time-lapse incubator EmbryoScope+ in the US. Through this the company expanded its product sale and market visibility in the US infertility treatment. and In March 2018, Genea Limited (Australia) expanded its market presence in Melbourne by establishing a new fertility clinic in Melbourne
Market Trend
- Advancements in Infertility Treatment Devices
- Increase in the Use of Time-Lapse Technology
Market Drivers
- Declining Fertility Rate
- Rising Number of Fertility Clinics Worldwide
Opportunities
- Improving Healthcare Infrastructure in Developing Countries
- Increasing Medical Tourism Due to Low Treatment Costs
Restraints
- High Procedural Cost of Assisted Reproductive Techniques in Developed Countries
- Reduced Efficacy Among Older Women
Challenges
- Concerns Related to Art Procedures
- Unsupportive Government Regulations
- Shortage of Skilled Medical Professionals in Developing Countries