According to the estimations put forth by Inkwood Research, the Global Infertility Testing & Treatment Market is anticipated to record a CAGR of 10.63% in terms of revenue during the forecasting years of 2021-2028.
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Infertility is the inability to get pregnant, despite
engaging in unprotected and carefully timed intercourse for 12 months. Although
the cause of infertility is often problematic to determine, it may entail
insufficient levels of specific hormones in both women and men, as well as
difficulties with ovulation in women. Infertility tests include physical examinations,
special procedures, semen analysis, and blood tests, among others.
Stress and
Lifestyle Disorders to Fuel Market Growth
Infertility and stress are frequently interlinked. Stress leads
to involuntary body responses, including a flood of hormones responsible for increasing
blood pressure, elevating heart rate, and boosting energy in order to prepare
the body to deal with the problem. As a result, chronic stress can severely
affect health. Since conception predominantly depends on a unique blend of hormonal
elements and occurs under ideal circumstances, stress can considerably disrupt
the necessitated balance.
As per the American Institute of Stress, nearly 33% of
individuals reported feeling severe stress. While 73% have stress that affects
their mental health, approximately 77% of people experience stress that
predominantly impacts their mental health.
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Fertility and
Surgical Centers to be the Fastest-Growing End-User
In vitro fertilization research laboratories as well as hospitals
help facilitate conception and pregnancies by providing patients with Assisted
Reproductive Technology (ART). The ART and non-ART reproductive services (in
vitro fertilization) accessible in the market comprise Sperm Chromatin
Structural Assay (SCSA) testing, semen analysis, and others. On the other hand,
embryology labs and research laboratories also engage in ongoing research for
heightening the chances of conception. Latest technologies for in vitro
fertilization also enable doctors to retrieve eggs in a safe and effective
manner. Hence, the development of advanced technologies plays a crucial role in
fueling the segment’s growth during the forecast period.
Asia-Pacific
to Lead the Global Market by 2020
The Asia-Pacific is expected to progress with the highest
CAGR during the forecasted years, mainly on account of the rise in fertility
tourism and the increasing adoption of fertility procedures. Moreover, comparatively
affordable treatments across nations like India, South Korea, Singapore,
Malaysia, and Thailand further reinforce the market growth of the region. In
addition, the growing awareness regarding healthcare and the availability of a skilled
workforce is set to provide the regional market with lucrative growth
opportunities. However, cultural barriers to fertility services, including IVF
procedures, and poor technological outreach in lesser developed countries across
the Asia-Pacific, is likely to inhibit the market growth.
Some of the leading firms operating in the market are Fujifilm
Irvine Scientific, CooperSurgical, Cook Medical Inc, EMD Group (Merck KGaA),
etc.
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technology, automotive, chemicals, materials, healthcare, and energy, with an
objective comprehension that acknowledges the business environments. Our
geographical analysis comprises North & South America, CEE, CIS, Middle
East, Europe, Asia, and Africa.
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