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Global Infertility Treatment Devices and Equipment Market (2020 to 2027) – COVID-19 Impact and Analysis – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Infertility Treatment Devices and Equipment Market Forecast to 2027 – COVID-19 Impact and Global Analysis by Product Type; Procedure; End User, and Geography” report has been added to ResearchAndMarkets.com’s offering.

According to this report the global infertility treatment devices and equipment market is expected to reach US$ 1,973.68 million by 2027 from US$ 1,050.00 million in 2019; it is estimated to grow at a CAGR of 8.4% from 2020 to 2027.

The report highlights trends prevailing in the market, and drivers and hindrances pertaining to the market growth. The key factors driving the growth of the market include increase in the incidence of infertility in both sexes and rising number of fertility clinics and infertility services with government support. However, the high procedural cost of reproductive techniques hinders the market growth.

Based on product type, the infertility treatment devices and equipment market is segmented into ovum aspiration pumps, sperm separation devices, sperm analyzers systems, micromanipulator systems, incubators, and others. The ovum aspiration pumps segment held the largest share of the market in 2019 and is anticipated to register the highest CAGR in the market during the forecast period.

The growth of the segment is attributed to the developments done by the companies for the ovum aspiration pumps. For instance, in April 2018, KITAZATO CORPORATION, a Japan-based medical technology company signed a strategic partnership with Brazil-based distributor SPECTRUN. The new distributor will supply various ART (Artificial Reproduction Technology) products in Brazil. The range of product includes oocyte pickup needles and associated devices. Such development is expected to increase the access of product, which will eventually drive the segment growth by 2027.

Reasons to Buy

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Infertility treatment devices and equipment market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the global Infertility treatment devices and equipment market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

Market Dynamics

Drivers
  • Increasing Incidence of Infertility in Both Sexes
  • Rising Number of Fertility Clinics and Infertility Services with Government Support
Restraints
  • High Procedural Cost of Reproductive Techniques
  • Risks Associated with Infertility Treatment
Opportunities
  • Growing Number of Product Launches and Developments
Future Trends
  • Rising Emphasis on In Vitro Fertilization

Companies Mentioned

  • Microptic
  • CooperSurgical, Inc.
  • Cook Medical LLC
  • DxNow.
  • Eppendorf AG
  • AB Scientific Ltd.
  • Hamilton Thorne, Inc
  • Rocket Medical plc.
  • INVO Bioscience
  • Vitrolife

For more information about this report visit https://www.researchandmarkets.com/r/edi8jw

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