Assisted Reproductive Technology (ART) Market Statistics 2020-2025: Share Forecasts, Trends & Growth drivers
Category: #business  By Partha Ray  Date: 2020-07-08
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Assisted Reproductive Technology (ART) Market Statistics 2020-2025: Share Forecasts, Trends & Growth drivers

As per the report titled ‘Global Assisted Reproductive Technology (ART) Market - Analysis By Technology, Products, End User, By Region, By Country (2020 Edition): Market Insight, Competition and Forecast (2020-2025)’, available with Market Study Report LLC, global assisted reproductive technology (ART) market was valued at USD 24,133.23 million in the year 2019, and is expected to record remunerative growth over 2020-2025.

Increasing stress and pollution levels, growing consumption of alcohol and cigarettes are driving the growth of global assisted reproductive technology (ART) market. Also, acceptance of homosexual couples and increasing number of single mothers are further anticipated to enhance the market scenario over the projected period.

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Vitro fertilization technique is popular owing to its high success rate for embryo transfer and increase in live birth rates. Drugs like orals and hormones are used widely to prepare individuals for ART treatment. Also, development of In vivo ART devices by INVOcell and Anecova are slated to catalyze the market growth.

Geographically, Asia-Pacific is poised to hold the largest fragment of the market owing to decreased male and female fertility. Europe and America are slated to follow Asia-Pacific in terms of market share.

Monash IVF Group, INVO Bioscience, Merck, Cooper Surgical, Hamilton Thorne, Anecova, Nidacon International AB, Esco, and Irvine Scientific among others are the major companies operating in global assisted reproductive technology (ART) market.

Questions & Answers: Global Assisted Reproductive Technology (ART) Market

Q1: What are the key drivers that influence the growth of global assisted reproductive technology market?

ANSWER: Increasing stress and pollution levels, growing consumption of alcohol and cigarettes are influencing the growth of global assisted reproductive technology (ART) market.

Q2. Why is Asia-Pacific assisted reproductive technology market witnessing constant expansion?

ANSWER: The decrease in male and female fertility rate has spiked the growth opportunities for players is Asia Pacific ART market.

Q3: Which companies formulate the competitive terrain of global assisted reproductive technology market?

ANSWER: Monash IVF Group, INVO Bioscience, Merck, Cooper Surgical, Hamilton Thorne, Anecova, and Nidacon International AB formulate the competitive terrain of global assisted reproductive technology market.

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About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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