Fertility Services Market Size, Scope And Growth 2025 To 2034
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What Is the Comparative Market Size of the Fertility Services Market Between 2025 and 2029?
The fertility services market size has grown rapidly in recent years. It will grow from $64.16 billion in 2024 to $73.96 billion in 2025 at a compound annual growth rate (CAGR) of 15.3%. The growth in the historic period can be attributed to high prevalence of pcos (polycystic ovary syndrome), the increasing cases of premature ovarian failure, the rise in male infertility, insurance providers offering coverage for IVF (in vitro fertilization) procedures and the increase in same-sex couples.
The fertility services market size is expected to see rapid growth in the next few years. It will grow to " $123.6 billion in 2029 at a compound annual growth rate (CAGR) of 13.7%. The growth in the forecast period can be attributed to the rising infertility rate, technological developments in fertility treatment, the growing adoption of fertility services to aid in pregnancy, the increasing government initiatives, the rise in disposable income and the growing trend of late parenthood. Major trends in the forecast period include focus on artificial intelligence in fertility services, technological advancements, preimplantation genetic testing for aneuploidy screening (PGT-a), DNA fragmentation index (DFI), blockchain-based fertility service apps, IoT (internet of things) in in-vitro fertilization services, strategic partnerships and mergers and acquisitions.
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What Are the Underlying Growth Drivers for the Fertility Services Market?
Growing infertility rates are anticipated to boost the demand for fertility services during the forecast period. Various social and environment-related factors such as lifestyle changes including obesity, stress or depression, and high consumption of alcohol contribute to a surge in infertility rates, thereby generating a high requirement for fertility services. For instance, in April 2023, according to the World Health Organization (WHO), a Switzerland-based international public health organization, millions of people in the world who are of reproductive age are going to struggle with infertility, which might influence their families and communities. Worldwide, it is estimated that 1 in 6 adults, or around 17.5% of the global adult population struggle with infertility. Thus, growing infertility rates will drive the demand for fertility services market.
What Are the Major Segments Defining the Structure of the Fertility Services Market?
The fertility servicesmarket covered in this report is segmented –
1) By Procedure: Assisted Reproductive Technology (Art), In-Vitro Fertilization, Artificial Insemination
2) By Service: Fresh Non-Donor, Frozen Non-Donor, Egg And Embryo Banking, Fresh Donor, Frozen Donor
3) By Application: Male, Female
Subsegments:
1) By Assisted Reproductive Technology (ART): Intracytoplasmic Sperm Injection (ICSI); Frozen Embryo Transfer (FET); Donor Egg And Sperm Programs
2) By In-Vitro Fertilization (IVF): Conventional IVF; Mini IVF (Mild Stimulation IVF); Natural Cycle IVF
3) By Artificial Insemination: Intrauterine Insemination (IUI); Intracervical Insemination (ICI); Intratubal Insemination (ITI)
What Are the Key Industry Trends Driving Growth in the Fertility Services Market?
Companies in the fertility services market have witnessed significant growth in the number of research collaborations as well as research funding approvals. Key companies operating in the market are projected to increase their R&D expenditure to introduce new advanced techniques and drugs used for fertility treatments. For instance, in October 2022, Maven Clinic, a US-based company specializing in telemedicine-based virtual clinics for women's and family health, collaborated with Indira IVF. The collaboration aimed at providing access to Maven members in India to Indira IVF's high-quality clinical care, other perks, and the best virtual family-building care available through the Maven platform. Indira IVF is an India-based infertility specialty clinic chain.
Which Firms Represent the Competitive Benchmark Within the Fertility Services Market?
Major companies operating in the fertility services market include Vitrolife, Merck KGaA, Progyny Inc., Virtus Health, Medicover Group, Apollo Hospitals Enterprise Ltd., Integramed America, Inc., The Johns Hopkins Health System Corp, Care Fertility, Australian Concept Infertility Medical Center (ACIMC), Bahosi Fertility Centre, Bloom Fertility Center, Center for Advanced Reproductive Medicine and Infertility, Chennai Fertility Center, Cloudnine Fertility, Damai Service Hospital, Flinders Reproductive Medicine Pty Ltd, Genea Oxford Fertility Limited, IHH Healthcare Berhad, IVF NAMBA Clinic, IVF Sri Lanka Life Plus (Pvt) Ltd, KL Fertility & Gynecology Centre, LIFE - Lahore Institute of Fertility & Endocrinology, Maria Fertility Hospital, Morula IVF, Nepal International Fertility Centre, Repromed, SAFE Fertility Center, Southend Fertility and IVF, Thomson Medical Pte Ltd, TMC Fertility Centre, Victory A.R.T. Laboratory Phils. Inc, Virtus Health, CHA Fertility Center, United Family Hospital, The New Hope Fertility Center, NOVA IVF Fertility, Baby Joy Fertility and IVF, Fortis La Femme, ART Fertility Clinics, Ferticity Fertility Clinic, Milann Fertility Centre, Fertility First, City Fertility Sydney, Westmead Fertility Centre, Demeter Fertility, Adora Fertility, Rainbow Fertility, Monash IVF Group Limited, Mitra Keluarga Karyasehat Tbk PT, Sarang-i IVF Center, Beyond IVF, Bumrungrad International Hospital, Superior A.R.T, King’s Fertility, Manchester Fertility, St Roch IVF Center, Clinique De La Muette, Institut Marques, Hopital Cochin, iTrust Fertility, Apricity, Agora Clinic, TFP Fertility, Apryl, CCRM Fertility Clinic, ORIGIO, Maven Clinic, Bayonne Centre, Biomedival, Grand Paris Fertility Centre, Ava-Peter Clinic, IVF Russia (The International Centre Of The Reproductive Medicines), Next Generation Clinic, Scandinavia AVA-Peter, Nova Vita Clinic, INVICTA Fertility Clinics, Gyncentrum Fertility Clinic, Md Medical Group, Invo Bioscience, New Hope Fertility Center, Carolinas Fertility Institute, Newlife Fertility Centre, Dallas Fort Worth Fertility Associates, Overlake Reproductive Health, Fertility Center Of Las Vegas, Weill Cornell Medicine - Center For Reproductive Medicine, UCSF Center For Reproductive Health, Brigham And Women's Hospital Center For Infertility And Reproductive Surgery, Columbia University Fertility Center, Duke Fertility Center, Advanced Fertility Center Of Texas, Cleveland Clinic Fertility Center, NYU Langone Fertility Center, Mayo Clinic Assisted Reproductive Technologies Rochester, Massachusetts General Hospital Fertility Center, IVF Canada, Bio Fertility Center, The Mexican Institute For Higher Reproductive Technology (Inmater), Select IVF, Fertility Patagonia, In Vitro Buenos Aires, Halitus Instituto Medico, Pregna Medicina Reproductiva, IVF Panama Centro De Reproduccion Punta Pacifica, Colombian Center For Fertility, Sterility, Carrot Fertility, Oya Care, Kitazato, Dubai Fertility Center, Fakih IVF Fertility Center, Orchid Fertility, Bourn Hall Fertility Clinic, Alboshra IVF Center, George’s Memorial Medical Centre, Nordica Fertility Centre, The Olive Branch Clinic, St. Ives Specialist Hospital, Bridge Clinic Fertility Centre, Cairo Fertility Centre, Queens Fertility Centre, BPE Partners, Cleopatra Hospitals Group
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Which Regions Are Driving the Highest Demand in the Fertility Services Market?
Western Europe was the largest region in the fertility services market in 2024. North America was the second largest region in global fertility services market share. The regions covered in the fertility services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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