Global Fertility Services Market Research Report - Forecast to 2023

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Introduction

Fertility services include various procedures utilized to treat fertility issues in men and women and assist with the conception. The rise in the infertility rate is mainly due to the increase in risk factors, such as obesity, stress, Polycystic Ovarian Syndrome (PCOS), sexually transmitted infections, endometrial tuberculosis, and other medical conditions. These services have been attracting a great deal of attention in the recent years owing to the growing demand for fertility treatments, declining fertility rates, continuous advancements in fertility treatment devices, and growing success rate for IVF treatments.

The rise in the rate of infertility and surrogacy in developing countries, increasing occurrences of reproductive tourism, and high success rate of fertility treatments are the major factors driving the growth of the global fertility services market. Moreover, the changing lifestyle and increased age of parenthood contribute to the growth of the market.

Moreover, increasing education levels in women and employment rates also affect the fertility rate as they lead to late family planning. For instance, according to the National Center for Health Statistics, in the US, the fertility rate was 60.2 births per 1,000 women in 2017. The rate dropped by 2% as compared to the fertility rate in 2015 which was 62.5 births per 1,000 women in 2015. Moreover, as per the statistics presented by the World Bank, India had a fertility rate of 3.311 in 2000 whereas in 2016 it declined to 2.326. The fertility rate in China was 2.35 in 1990 which declined to 1.624 in 2016. This downfall in the fertility rate increases the concern of people towards infertility, which also fuels the demand for fertility services.

On the other hand, the high cost related to Assisted Reproductive Techniques (ART) may hinder the growth of the global fertility services market. For instance, as per the data revealed by the Monash IVF Australia, the initial IVF cycle costs approximately AUD 4,461 and the subsequent IVF cycle after Medicare safety costs approximately AUD 3,895. Moreover, according to the CARE Fertility Group Limited, IVF treatments cost EUR 3,000 to 3,450, Intrauterine Insemination (IUI) costs EUR 800 to 850, and intracytoplasmic sperm injection costs EUR 1,150 to 1,350.
The global fertility services market is expected to register a CAGR of 8.50% during the forecast period from 2018 to 2023.

Key Players
Some of key the players in the global fertility services market are Merck KGaA, Cook Medical, Irvine Scientific sales Company, Inc., CooperSurgical, CARE Fertility Group Limited, Ferring Pharmaceuticals, Vitrolife, and others.

Study Objectives
• To provide a detailed analysis of the market structure along with the forecast of various segments and sub-segments of the fertility services market
• To provide insights into factors affecting the market growth
• To analyze the global fertility services market based on various tools such as supply chain analysis and Porter’s five force analysis
• To provide historical and forecast revenue of market segments and sub-segments with respect to regions and their respective key countries
• To provide country-level analysis of the market with respect to current market size and future perspective
• To provide country-level analysis of the market for segments by underlying cause, treatment type, and region
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the fertility services market


Target Audience
• Medical Devices Companies
• Government Research Institutes
• Research and Development (R&D) Companies
• Academic Institutes and Universities

Key Findings
• The global fertility services market is expected to reach USD 36,458.83 million by 2023 at a CAGR of 8.50% during the forecast period.
• On the basis of underlying cause, the female infertility segment is expected to command the largest market share of 54.0% over the review period and is expected to register a CAGR of 8.31% during the forecast period from 2018 to 2023.
• On the basis of treatment type, the assisted reproductive technology (ART) segment is expected to command the largest market share of 76.4% over the review period, and the infertility drugs segment is expected to register the fastest CAGR of 8.83% during the forecast period from 2018 to 2023.
• On the basis of region, the market is segmented into the Americas, Europe, Asia-Pacific, and the Middle East and Africa. In 2017, the market was led by Europe with a 34.7% share.

Regional Analysis
Europe
Western Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Western Europe
Eastern Europe
Americas
North America
o US
o Canada
Latin America
Asia-Pacific
Japan
China
India
Republic of Korea
Australia
Rest of Asia-Pacific
Middle East & Africa
Middle East
Africa



1 Report Prologue
2 Executive Summary
3 Market Introduction
3.1 Definition
3.2 Scope of the Study
3.3 Assumptions & Limitations
3.3.1 Assumptions
3.3.2 Limitations
3.4 Market Structure
4 Research Methodology
4.1 Research Process
4.2 Primary Research
4.3 Secondary Research
4.4 Market Size Estimation
4.5 Forecast Model
5 Market Dynamics
5.1 Introduction
5.2 Drivers
5.2.1 Declining Fertility Rate
5.2.2 Technological Advancements in Fertility Treatment
5.2.3 Increasing Prevalence of Obesity
5.3 Restraints
5.3.1 High procedural costs of assisted reproductive techniques in developed markets
5.4 Opportunities
5.4.1 Reimbursement for fertility treatments
6 Market Factor Analysis
6.1 Value Chain Analysis
6.1.1 R&D
6.1.2 Manufacturing
6.1.3 Distribution
6.1.4 Marketing & Sales
6.1.5 Post-Sales Monitoring
6.2 Porter’s Five Forces Analysis
6.2.1 Bargaining Power of Suppliers
6.2.2 Bargaining Power of Buyers
6.2.3 Threat of New Entrants
6.2.4 Threat of Substitutes
6.2.5 Intensity of Rivalry
7 Global Fertility Services Market, By Underlying Cause
7.1 Overview
7.1.1 Introduction
7.1.2 Female Infertility
7.1.3 Male Infertility
8 Global Fertility Services Market, By Treatment Type
8.1 Overview
8.1.1 Introduction
8.1.2 Assisted Reproductive Technology (ART)
8.1.3 Infertility Drugs
9 Global Fertility Services Market, By Region
9.1 Introduction
9.2 Europe
9.2.1 Western Europe
9.2.1.1 Germany
9.2.1.2 U.K.
9.2.1.3 France
9.2.1.4 Italy
9.2.1.5 Spain
9.2.1.6 Rest of Western Europe
9.2.2 Eastern Europe
9.3 Americas
9.3.1 North America
9.3.1.1 U.S.
9.3.1.2 Canada
9.3.2 Latin America
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Republic of Korea
9.4.5 Australia
9.4.6 Rest of Asia Pacific
9.5 MIDDLE EAST AND AFRICA
9.5.1 Middle East
9.5.2 Africa
10 Competitive Landscape
10.1 Company Market Share Analysis
10.1.1 Introduction
10.2 Key Strategic Analysis
10.2.1 Introduction
11 Company Profiles
11.1 Merck KGaA
11.1.1 Company Overview
11.1.2 Financial Overview
11.1.3 Products Offering
11.1.4 Key Developments
11.1.5 SWOT Analysis
11.1.6 Key Strategy
11.2 CooperSurgical
11.2.1 Company Overview
11.2.2 Financial Overview
11.2.3 Products Offering
11.2.4 Key Developments
11.2.5 SWOT Analysis
11.2.6 Key Strategy
11.3 CARE Fertility Group Limited
11.3.1 Company Overview
11.3.2 Financial Overview
11.3.3 Treatments Offering
11.3.4 Key Developments
11.3.5 SWOT Analysis
11.3.6 Key Strategy
11.4 Ferring Pharmaceuticals
11.4.1 Company Overview
11.4.2 Financial Overview
11.4.3 Products Offering
11.4.4 Key Developments
11.4.5 SWOT Analysis
11.4.6 Key Strategy
11.5 Vitrolife
11.5.1 Company Overview
11.5.2 Financial Overview
11.5.3 Products Offering
11.5.4 Key Developments
11.5.5 SWOT Analysis
11.5.6 Key Strategy
11.6 Irvine Scientific sales Company, Inc.
11.6.1 Company Overview
11.6.2 Financial Overview
11.6.3 Products Offering
11.6.4 Key Developments
11.6.5 SWOT Analysis
11.6.6 Key Strategy
11.7 Cook Medical
11.7.1 Company Overview
11.7.2 Financial Overview
11.7.3 Products Offering
11.7.4 Key Developments
11.7.5 SWOT Analysis
11.7.6 Key Strategy
11.8 Monash IVF Group Limited
11.8.1 Company Overview
11.8.2 Financial Overview
11.8.3 Treatments Offering
11.8.4 Key Developments
11.8.5 SWOT Analysis
11.8.6 Key Strategy
12 Appendix
12.1 Discussion Blue Print


List Of Tables



TABLE 1 MARKET SYNOPSIS
TABLE 2 PRIMARY INTERVIEWS
TABLE 3 GLOBAL FERTILITY SERVICES MARKET BY UNDERLYING CAUSE, 2015–2023 (USD MILLION)
TABLE 4 GLOBAL FERTILITY SERVICES MARKET FOR FEMALE INFERTILITY, BY REGION, 2015–2023 (USD MILLION)
TABLE 5 GLOBAL FERTILITY SERVICES MARKET FOR MALE INFERTILITY, BY REGION, 2015–2023 (USD MILLION)
TABLE 6 GLOBAL FERTILITY SERVICES MARKET BY TREATMENT TYPE, 2015–2023 (USD MILLION)
TABLE 7 GLOBAL FERTILITY SERVICES MARKET BY ART TYPE, 2015–2023 (USD MILLION)
TABLE 8 GLOBAL FERTILITY SERVICES MARKET FOR ART, BY REGION, 2015–2023 (USD MILLION)
TABLE 9 GLOBAL FERTILITY SERVICES MARKET FOR INFERTILITY DRUGS , BY REGION, 2015–2023 (USD MILLION)
TABLE 10 GLOBAL FERTILITY SERVICES MARKET, BY REGION, 2015–2023 (USD MILLION)
TABLE 11 EUROPE FERTILITY SERVICES MARKET, BY REGION, 2015–2023 (USD MILLION)
TABLE 12 EUROPE FERTILITY SERVICES MARKET: PRICE TRENDS, 2010-2017(USD MILLION)
TABLE 13 EUROPE FERTILITY SERVICES MARKET: PRICE TRENDS, 2018-2023(USD MILLION)
TABLE 14 EUROPE FERTILITY SERVICES MARKET, BY UNDERLYING CAUSE, 2015–2023 (USD MILLION)
TABLE 15 EUROPE FERTILITY SERVICES MARKET, BY TREATMENT TYPE, 2015–2023 (USD MILLION)
TABLE 16 EUROPE FERTILITY SERVICES MARKET FOR ART, BY TYPE, 2015–2023 (USD MILLION)
TABLE 17 WESTERN EUROPE: FERTILITY SERVICES MARKET, BY COUNTRY, 2015–2023 (USD MILLION)
TABLE 18 WESTERN EUROPE FERTILITY SERVICES MARKET, BY UNDERLYING CAUSE, 2015–2023 (USD MILLION)
TABLE 19 WESTERN EUROPE FERTILITY SERVICES MARKET, BY TREATMENT TYPE, 2015–2023 (USD MILLION)
TABLE 20 WESTERN EUROPE FERTILITY SERVICES MARKET FOR ART, BY TYPE, 2015–2023 (USD MILLION)
TABLE 21 GERMANY FERTILITY SERVICES MARKET, BY UNDERLYING CAUSE, 2015–2023 (USD MILLION)
TABLE 22 GERMANY FERTILITY SERVICES MARKET, BY TREATMENT TYPE, 2015–2023 (USD MILLION)
TABLE 23 GERMANY FERTILITY SERVICES MARKET FOR ART, BY TYPE, 2015–2023 (USD MILLION)
TABLE 24 U. K. FERTILITY SERVICES MARKET, BY UNDERLYING CAUSE, 2015–2023 (USD MILLION)
TABLE 25 U. K. FERTILITY SERVICES MARKET, BY TREATMENT TYPE, 2015–2023 (USD MILLION)
TABLE 26 U. K. FERTILITY SERVICES MARKET FOR ART, BY TYPE, 2015–2023 (USD MILLION)
TABLE 27 FRANCE FERTILITY SERVICES MARKET, BY UNDERLYING CAUSE, 2015–2023 (USD MILLION)
TABLE 28 FRANCE FERTILITY SERVICES MARKET, BY TREATMENT TYPE, 2015–2023 (USD MILLION)
TABLE 29 FRANCE FERTILITY SERVICES MARKET FOR ART, BY TYPE, 2015–2023 (USD MILLION)
TABLE 30 ITALY FERTILITY SERVICES MARKET, BY UNDERLYING CAUSE, 2015–2023 (USD MILLION)
TABLE 31 ITALY FERTILITY SERVICES MARKET, BY TREATMENT TYPE, 2015–2023 (USD MILLION)
TABLE 32 ITALY FERTILITY SERVICES MARKET FOR ART, BY TYPE, 2015–2023 (USD MILLION)
TABLE 33 SPAIN FERTILITY SERVICES MARKET, BY UNDERLYING CAUSE, 2015–2023 (USD MILLION)
TABLE 34 SPAIN FERTILITY SERVICES MARKET, BY TREATMENT TYPE, 2015–2023 (USD MILLION)
TABLE 35 SPAIN FERTILITY SERVICES MARKET FOR ART, BY TYPE, 2015–2023 (USD MILLION)
TABLE 36 REST OF WESTERN EUROPE FERTILITY SERVICES MARKET, BY UNDERLYING CAUSE, 2015–2023 (USD MILLION)
TABLE 37 REST OF WESTERN EUROPE FERTILITY SERVICES MARKET, BY TREATMENT TYPE, 2015–2023 (USD MILLION)
TABLE 38 REST OF WESTERN EUROPE FERTILITY SERVICES MARKET FOR ART, BY TYPE, 2015–2023 (USD MILLION)
TABLE 39 EASTERN EUROPE FERTILITY SERVICES MARKET, BY UNDERLYING CAUSE, 2015–2023 (USD MILLION)
TABLE 40 EASTERN EUROPE FERTILITY SERVICES MARKET, BY TREATMENT TYPE, 2015–2023 (USD MILLION)
TABLE 41 EASTERN EUROPE FERTILITY SERVICES MARKET FOR ART, BY TYPE, 2015–2023 (USD MILLION)
TABLE 42 AMERICAS: FERTILITY SERVICES MARKET, BY REGION, 2015–2023 (USD MILLION)
TABLE 43 AMERICAS FERTILITY SERVICES MARKET: PRICE TRENDS, 2010-2017(USD MILLION)
TABLE 44 AMERICAS FERTILITY SERVICES MARKET: PRICE TRENDS, 2018-2023(USD MILLION)
TABLE 45 AMERICAS FERTILITY SERVICES MARKET, BY UNDERLYING CAUSE, 2015–2023 (USD MILLION)
TABLE 46 AMERICAS FERTILITY SERVICES MARKET, BY TREATMENT TYPE, 2015–2023 (USD MILLION)
TABLE 47 AMERICAS FERTILITY SERVICES MARKET FOR ART, BY TYPE, 2015–2023 (USD MILLION)
TABLE 48 NORTH AMERICA FERTILITY SERVICES MARKET, BY COUNTRY, 2015–2023 (USD MILLION)
TABLE 49 NORTH AMERICA FERTILITY SERVICES MARKET, BY UNDERLYING CAUSE, 2015–2023 (USD MILLION)
TABLE 50 NORTH AMERICA FERTILITY SERVICES MARKET, BY TREATMENT TYPE, 2015–2023 (USD MILLION)
TABLE 51 NORTH AMERICA FERTILITY SERVICES MARKET FOR ART, BY TYPE, 2015–2023 (USD MILLION)
TABLE 52 U.S. FERTILITY SERVICES MARKET, BY UNDERLYING CAUSE, 2015–2023 (USD MILLION)
TABLE 53 U.S. FERTILITY SERVICES MARKET, BY TREATMENT TYPE, 2015–2023 (USD MILLION)
TABLE 54 U.S. FERTILITY SERVICES MARKET FOR ART, BY TYPE, 2015–2023 (USD MILLION)
TABLE 55 CANADA FERTILITY SERVICES MARKET, BY UNDERLYING CAUSE, 2015–2023 (USD MILLION)
TABLE 56 CANADA FERTILITY SERVICES MARKET, BY TREATMENT TYPE, 2015–2023 (USD MILLION)
TABLE 57 CANADA FERTILITY SERVICES MARKET FOR ART, BY TYPE, 2015–2023 (USD MILLION)
TABLE 58 LATIN AMERICA FERTILITY SERVICES MARKET, BY UNDERLYING CAUSE, 2015–2023 (USD MILLION)
TABLE 59 LATIN AMERICA FERTILITY SERVICES MARKET, BY TREATMENT TYPE, 2015–2023 (USD MILLION)
TABLE 60 LATIN AMERICA FERTILITY SERVICES MARKET FOR ART, BY TYPE, 2015–2023 (USD MILLION)
TABLE 61 ASIA PACIFIC: FERTILITY SERVICES MARKET, BY COUNTRY, 2015–2023 (USD MILLION)
TABLE 62 ASIA PACIFIC FERTILITY SERVICES MARKET: PRICE TRENDS, 2010-2017(USD MILLION)
TABLE 63 ASIA PACIFIC FERTILITY SERVICES MARKET: PRICE TRENDS, 2018-2023(USD MILLION)
TABLE 64 ASIA PACIFIC FERTILITY SERVICES MARKET, BY UNDERLYING CAUSE, 2015–2023 (USD MILLION)
TABLE 65 ASIA PACIFIC FERTILITY SERVICES MARKET, BY TREATMENT TYPE, 2015–2023 (USD MILLION)
TABLE 66 ASIA PACIFIC FERTILITY SERVICES MARKET FOR ART, BY TYPE, 2015–2023 (USD MILLION)
TABLE 67 JAPAN FERTILITY SERVICES MARKET, BY UNDERLYING CAUSE, 2015–2023 (USD MILLION)
TABLE 68 JAPAN FERTILITY SERVICES MARKET, BY TREATMENT TYPE, 2015–2023 (USD MILLION)
TABLE 69 JAPAN FERTILITY SERVICES MARKET FOR ART, BY TYPE, 2015–2023 (USD MILLION)
TABLE 70 CHINA FERTILITY SERVICES MARKET, BY UNDERLYING CAUSE, 2015–2023 (USD MILLION)
TABLE 71 CHINA FERTILITY SERVICES MARKET, BY TREATMENT TYPE, 2015–2023 (USD MILLION)
TABLE 72 CHINA FERTILITY SERVICES MARKET FOR ART, BY TYPE, 2015–2023 (USD MILLION)
TABLE 73 INDIA FERTILITY SERVICES MARKET, BY UNDERLYING CAUSE, 2015–2023 (USD MILLION)
TABLE 74 INDIA FERTILITY SERVICES MARKET, BY TREATMENT TYPE, 2015–2023 (USD MILLION)
TABLE 75 INDIA FERTILITY SERVICES MARKET FOR ART, BY TYPE, 2015–2023 (USD MILLION)
TABLE 76 REPUBLIC OF KOREA FERTILITY SERVICES MARKET, BY UNDERLYING CAUSE, 2015–2023 (USD MILLION)
TABLE 77 REPUBLIC OF KOREA FERTILITY SERVICES MARKET, BY TREATMENT TYPE, 2015–2023 (USD MILLION)
TABLE 78 REPUBLIC OF KOREA FERTILITY SERVICES MARKET FOR ART, BY TYPE, 2015–2023 (USD MILLION)
TABLE 79 AUSTRALIA FERTILITY SERVICES MARKET, BY UNDERLYING CAUSE, 2015–2023 (USD MILLION)
TABLE 80 AUSTRALIA FERTILITY SERVICES MARKET, BY TREATMENT TYPE, 2015–2023 (USD MILLION)
TABLE 81 AUSTRALIA FERTILITY SERVICES MARKET FOR ART, BY TYPE, 2015–2023 (USD MILLION)
TABLE 82 REST OF ASIA PACIFIC FERTILITY SERVICES MARKET, BY UNDERLYING CAUSE, 2015–2023 (USD MILLION)
TABLE 83 REST OF ASIA PACIFIC FERTILITY SERVICES MARKET, BY TREATMENT TYPE, 2015–2023 (USD MILLION)
TABLE 84 REST OF ASIA PACIFIC FERTILITY SERVICES MARKET FOR ART, BY TYPE, 2015–2023 (USD MILLION)
TABLE 85 MIDDLE EAST AND AFRICA: FERTILITY SERVICES MARKET, BY REGION, 2015–2023 (USD MILLION)
TABLE 86 MIDDLE EAST AND AFRICA FERTILITY SERVICES MARKET: PRICE TRENDS, 2010-2017(USD MILLION)
TABLE 87 MIDDLE EAST AND AFRICA FERTILITY SERVICES MARKET: PRICE TRENDS, 2018-2023 (USD MILLION)
TABLE 88 MIDDLE EAST AND AFRICA FERTILITY SERVICES MARKET, BY UNDERLYING CAUSE, 2015–2023 (USD MILLION)
TABLE 89 MIDDLE EAST AND AFRICA FERTILITY SERVICES MARKET, BY TREATMENT TYPE, 2015–2023 (USD MILLION)
TABLE 90 MIDDLE EAST AND AFRICA FERTILITY SERVICES MARKET FOR ART, BY TYPE, 2015–2023 (USD MILLION)
TABLE 91 MIDDLE EAST FERTILITY SERVICES MARKET, BY UNDERLYING CAUSE, 2015–2023 (USD MILLION)
TABLE 92 MIDDLE EAST FERTILITY SERVICES MARKET, BY TREATMENT TYPE, 2015–2023 (USD MILLION)
TABLE 93 MIDDLE EAST FERTILITY SERVICES MARKET FOR ART, BY TYPE, 2015–2023 (USD MILLION)
TABLE 94 AFRICA FERTILITY SERVICES MARKET, BY UNDERLYING CAUSE, 2015–2023 (USD MILLION)
TABLE 95 AFRICA FERTILITY SERVICES MARKET, BY TREATMENT TYPE, 2015–2023 (USD MILLION)
TABLE 96 AFRICA FERTILITY SERVICES MARKET FOR ART, BY TYPE, 2015–2023 (USD MILLION)


List Of Figures



FIGURE 1 GLOBAL FERTILITY SERVICES MARKET: MARKET STRUCTURE
FIGURE 2 RESEARCH PROCESS
FIGURE 3 TOP-DOWN & BOTTOM-UP APPROACH
FIGURE 4 MARKET DYNAMICS ANALYSIS OF GLOBAL FERTILITY SERVICES MARKET
FIGURE 5 VALUE CHAIN: GLOBAL FERTILITY SERVICES MARKET
FIGURE 6 PORTER’S FIVE FORCES ANALYSIS OF THE GLOBAL FERTILITY SERVICES MARKET
FIGURE 7 GLOBAL FERTILITY SERVICES MARKET, BY UNDERLYING CAUSE, 2017 (% SHARE)
FIGURE 8 GLOBAL FERTILITY SERVICES MARKET, BY UNDERLYING CAUSE, 2017 & 2023
FIGURE 9 GLOBAL FERTILITY SERVICES MARKET, BY TREATMENT TYPE, 2017 (% SHARE)
FIGURE 10 GLOBAL FERTILITY SERVICES MARKET, BY TREATMENT TYPE, 2017 & 2023
FIGURE 11 GLOBAL FERTILITY SERVICES MARKET, BY REGION, 2017 & 2023 (USD MILLION)
FIGURE 12 GLOBAL FERTILITY SERVICES MARKET, BY REGION, 2017 (% SHARE)
FIGURE 13 EUROPE: FERTILITY SERVICES MARKET SHARE, BY REGION, 2017 ((% SHARE))
FIGURE 14 AMERICAS: FERTILITY SERVICES MARKET SHARE, BY REGION, 2017 (% SHARE)
FIGURE 15 ASIA PACIFIC: FERTILITY SERVICES MARKET SHARE, BY COUNTRY, 2017 (% SHARE)
FIGURE 16 MIDDLE EAST AND AFRICA: FERTILITY SERVICES MARKET SHARE, BY REGION, 2017 (% SHARE)
FIGURE 17 GLOBAL FERTILITY SERVICES MARKET, MARKET SHARE ANALYSIS 2017 (% SHARE)
FIGURE 18 GLOBAL FERTILITY SERVICES MARKET: KEY STRATEGIC ANALYSIS 2017 (% SHARE)


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