The COVID-19 outbreak is expected to negatively impact the growth of the global assisted reproductive technology market.
– Allied market studies
NE WIN SIVERS DRIVE, PROVINCE: – PORTLAND, UNITED STATES, December 9, 2021 /EINPresswire.com/ – Allied Market Research released a report titled “Assisted Reproductive Technologies Market by product (instrument, accessory and disposable, and reagent and medium), technology (in vitro fertilization, artificial insemination and others) and end user (fertility clinic, hospital, surgical center and clinical research institute): analysis of global opportunities and Industry forecast, 2021-2030. ”According to the report, the global assisted reproduction technology industry generated $ 2.3 billion in 2020 and is expected to generate $ 12.2 billion by 2030, with a 19.3% CAGR from 2021 to 2030.
Assisted Reproductive Technology (ART) is defined as the technology used for the treatment of infertility. It provides fertility treatment which treats both a man’s sperm and a woman’s egg. It aims to provide effective and affordable care in order to optimize the chances of having single pregnancies. With the development of technology, ART has focused on biochemical and genetic research for the delivery of healthy babies.
(𝗔 𝗣𝗗𝗙 | 𝗨𝗽𝗼𝗻 𝗥𝗲𝗾𝘂𝗲𝘀𝘁): https://www.alliedmarketresearch.com/request-sample/13442
Main determinants of growth
Rising prevalence of infertility rate, technological advancements in assisted reproduction technologies, growth in disposable income, and awareness regarding infertility treatment are driving the growth of global assisted reproductive technologies market . However, the high cost of ART procedures and the risk associated with IVF treatment is hampering the market growth. On the other hand, growing opportunities in emerging markets and increasing fertility tourism present new opportunities in the years to come.
The outbreak of the Covid-19 pandemic has had a positive impact on the global assisted reproduction technology industry, due to the multiple strategic actions taken by organizations.
Government authorities in different countries have approved assisted reproduction technology for the treatment of infertile couples, which in turn has offered lucrative opportunities for market growth, during the pandemic period.
Moreover, in the post COVID era, the market is expected to grow exponentially, mainly due to the success rate of assisted reproduction technologies.
𝗖𝗼𝘃𝗶𝗱-𝟭𝟵 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗮𝘁: https://www.alliedmarketresearch.com/request-for-customization/13442?reqfor=covid
Fertility Clinics Segment to Maintain Leading Position During Forecast Period
Based on the end-user industry, the fertility clinic segment accounted for the largest share in 2020, contributing more than half of the global AHR technologies market, and is expected to maintain its leading position over the course of the forecast period. This is due to the increase in the prevalence of fertility cases, the increase in sedentary lifestyle and the growth in the number of fertility clinics. Additionally, this segment is expected to represent the largest CAGR of 20.5% from 2021 to 2030.
✯ 𝗞𝗲𝘆 𝗕𝗲𝗻𝗲𝗳𝗶𝘁𝘀 𝗳𝗼𝗿 𝗦𝘁𝗮𝗸𝗲𝗵𝗼𝗹𝗱𝗲𝗿𝘀
The study provides an in-depth analysis of the assisted reproduction technologies market along with current trends and future estimates to elucidate impending pockets of investment.
It offers an analysis of the Assisted Reproductive Technologies market from 2021 to 2030, which is expected to enable stakeholders to capitalize on existing opportunities in the market.
✦A comprehensive analysis of four regions is provided to determine existing opportunities.
✦Profiles and growth strategies of key players are deeply analyzed to understand competitive prospects for the growth of the Global Assisted Reproductive Technologies Market.
𝐏𝐫𝐨𝐜𝐮𝐫𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐇𝐞𝐫𝐞: https://www.alliedmarketresearch.com/purchase-enquiry/13442
Q1. What is the total market value of the Assisted Reproductive Technology Market report?
Q2. What would the forecast period be in the market report?
Q3. What is the market value of the assisted reproduction technologies market in 2021?
Q4. What is the calculated base year in the Assisted Reproductive Technology Market report?
Q5. Is the assisted reproduction technology company described in the report?
Q6. What are the major companies that hold the market share in the Assisted Reproduction Technologies market?
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“We have also published some syndicated market research in the same area that you may be interested in. Below is the title of the report for your reference, considering the impact of Covid-19 on this market, which will help you assess the aftermath of the pandemic on the short and long term growth trends of this market. Marlet. “
𝗥𝗲𝗽𝗼𝗿𝘁𝘀 𝗶𝗻 𝗛𝗲𝗮𝗹𝘁𝗵𝗰𝗮𝗿𝗲 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 (𝗕𝗼𝗼𝗸 𝗡𝗼𝘄 𝘄𝗶𝘁𝗵 𝟭𝟬% 𝗗𝗶𝘀𝗰𝗼𝘂𝗻𝘁):
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