Assisted Reproductive Technology Market Analysis Highlights the Impact of COVID-19 (2020–2024)| Increase In Rate Of Infertility And Obesity Related Cases to Boost the Market Growth | Technavio
Technavio has been monitoring the assisted reproductive technology market and it is poised to grow by $ 6.31 billion during 2020–2024, progressing at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts
Frequently Asked Questions:
- What are the major trends in the market?
Increasing use of antibiotic-loaded bone cement is a major trend driving the market growth. - At what rate is the market projected to grow?
The year-over-year growth for 2020 is estimated at 4.34% and the incremental growth of the market is anticipated to be $ 6.31 bn during the forecast period. - Who are the top players in the market?
Anecova SA, CRITEX GmbH, Esco Micro Pte. Ltd, FUJIFILM Holdings Corp., INVO Bioscience Inc, Merck KGaA, Monash IVF Group Ltd., The Cooper Companies Inc., Virtus Health Ltd., and Vitrolife AB, are some of the major market participants - What is the key market driver?
The increase in the rate of infertility and obesity related cases is driving the market growth. - How big is the European market?
The Europe region will contribute 33% of the market share
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Anecova SA, CRITEX GmbH, Esco Micro Pte. Ltd, FUJIFILM Holdings Corp., INVO Bioscience Inc, Merck KGaA, Monash IVF Group Ltd., The Cooper Companies Inc., Virtus Health Ltd., and Vitrolife AB are some of the major market participants. The increase in the rate of infertility and obesity related cases will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Assisted Reproductive Technology Market 2020–2024: Segmentation
Assisted Reproductive Technology Market is segmented as below:
- Application
- Geography
- Fertility Clinics
- Hospitals
- Others
- Europe
- North America
- APAC
- South America
- MEA
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR41430
Assisted Reproductive Technology Market 2020–2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The assisted reproductive technology market report covers the following areas:
- Assisted Reproductive Technology Market Size
- Assisted Reproductive Technology Market Trends
- Assisted Reproductive Technology Market Industry Analysis
This study identifies the increasing use of antibiotic-loaded bone cement as one of the prime reasons driving the assisted reproductive technology market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.