Asia Pacific Infertility Treatment Devices and Equipment Market to Grow at a CAGR of 8.9% to reach US$ 386.64 Million from 2020 to 2027

The Asia Pacific infertility treatment devices and equipment market is expected to reach US$ 386.64 million in 2027 from US$ 197.90 million in 2019. The market is estimated to grow with a CAGR of 8.9% from 2020-2027.

Infertility is defined as not being able to get pregnant or conceive.  It can be primary infertility (refers to couples who cannot become pregnant after at least 1 year having sex without using birth control methods) and secondary infertility (refers to couples who cannot get pregnant more than once). There are many different infertility treatment devices and equipment options available for patients. Many factors are contributing to low fertility rate, thus in coming years, the number of patients seeking infertility treatment will raise. Many companies have developed novel device and procedures for simple, effective and cost effective fertility treatment. The scope of the infertility treatment devices and equipment market includes product, procedure, end-user, and region.

China Infertility Treatment Devices and Equipment Market Revenue and Forecasts to 2027 (US$ MN)

Market Insights

Government Support to Increase Fertility Rate

The government of various countries is conducting increasing research and development activities to introduce more innovative products. In South Korea, the fertility rate is significantly low. Due to the declining birth rate, older people contribute to the majority of the population. Therefore, to increase the population, the government has regulated and promoted reproductive technologies in the country. In Australia, The Fertility Society of Australia has formed Scientists in Reproductive Technologies (SIRT), a group of professionals aiming to promote the education and training of scientists working in reproductive technologies. It also aims to promote high standards within the profession by fostering research and distributing scientific information to its members. The government is also involved in awareness campaigns about endometriosis through their 'national action plan for endometriosis.' It aims to make people understand the problems and their treatments. The government also provides Medicare support for IVF and access to contraceptive options. Thus, the government support to increase the fertility rate is likely to serve wider growth opportunities for market growth during the forecast period.

Product- Based Market Insights

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

Asia Pacific Infertility Treatment Devices and Equipment Market, by Product – 2019 and 2027

Procedure- Based Market Insights

Based on procedure, the infertility treatment devices and equipment market, is segmented into assisted reproductive technology, artificial insemination, and fertility surgery. The artificial insemination segment held the largest share of the market in 2019, whereas the assisted reproductive technology segment is anticipated to register the highest CAGR in the market during the forecast period.

End-User - Based Market Insights

Based on end-user, the infertility treatment devices and equipment market, is segmented into fertility clinics, hospitals and other healthcare facilities, and clinical research institutes. The fertility clinics segment held the largest share of the market in 2019, also the same segment is anticipated to register the highest CAGR in the market during the forecast period.

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Asia Pacific Infertility Treatment Devices and Equipment Market: Strategic Insights

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Product launches and approvals are commonly adopted strategies by companies to expand their footprint worldwide and meet the growing demand. The players operating in the infertility treatment devices and equipment market adopt the expansion, collaboration, and product launch strategies to enlarge customer base across the world. These strategies allow the players to maintain their brand name globally. For instance, in March 2019, INVO Bioscience, Inc. (OTC: IVOB), developers of the INVOcell intra vaginal culture (IVC), launched its first company-owned embryology center in the Bay Area of California. This embryology center will act as the dedicated lab for famed fertility experts.

ASIA PACIFICINFERTILITY TREATMENT DEVICES AND EQUIPMENT MARKET SEGMENTATION

 

By Product

• Ovum Aspiration Pumps
• Sperm Separation Devices
• Sperm Analyzer Systems
• Micromanipulator Systems
• Incubators
• Others

By Procedure

• Assisted Reproductive Technology
  • In Vitro Fertilization
  • Intracytoplasmic Sperm Injection
  • Others
• Artificial Insemination
  • Intrauterine Insemination
  • Intratubal Insemination
  • Intracervical Insemination
• Fertility Surgery
  • Tubal Ligation Reversal
  • Varicocelectomy
  • Laparoscopy
  • Others

By End User

• Fertility Clinics
• Hospitals and Other Healthcare Facilities
• Clinical Research Institutes

By Country

• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia

Company Profiles

• Cooper Surgical, Inc.
• Cook Medical LLC
• Eppendorf AG
• Hamilton Thorne, Inc
• Rocket Medical plc.
• INVO Bioscience
• Vitrolife

Report Scope

Asia Pacific Infertility Treatment Devices and Equipment Market Regional Insights

The regional trends and factors influencing the Asia Pacific Infertility Treatment Devices and Equipment Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Asia Pacific Infertility Treatment Devices and Equipment Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Asia Pacific Infertility Treatment Devices and Equipment Market Report Scope

Asia Pacific Infertility Treatment Devices and Equipment Market Players Density: Understanding Its Impact on Business Dynamics

The Asia Pacific Infertility Treatment Devices and Equipment Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the Asia Pacific Infertility Treatment Devices and Equipment Market are:

1. Cooper Surgical, Inc.
2. Cook Medical LLC
3. Eppendorf AG
4. Hamilton Thorne, Inc
5. Rocket Medical plc

Disclaimer: The companies listed above are not ranked in any particular order.