- Assisted Reproductive Technology (ART) encompasses medical procedures used to address infertility, involving the handling of eggs, sperm, or embryos. These technologies are increasingly vital components of modern healthcare, offering hope and solutions to individuals and couples facing fertility challenges. The widespread adoption of ART is driven by increasing infertility rates, advancements in medical technology, and growing awareness of fertility treatment options
- The escalating demand for ART is primarily fuelled by rising infertility rates caused by factors such as lifestyle changes, delayed parenthood, and various medical conditions. Furthermore, continuous advancements in ART techniques, including improved success rates for procedures such as In Vitro Fertilization (IVF) and the development of new genetic screening methods, are making these treatments more accessible and effective
- North America dominated the assisted reproductive technology (ART) market with the largest revenue share of 34.9% in 2024, characterized by advanced healthcare infrastructure, high disposable incomes, and favorable reimbursement policies. The region, particularly the U.S., witnessed substantial growth in ART procedures, driven by increasing infertility rates, greater awareness of fertility treatments, and technological advancements introduced by leading fertility clinics and biotech companies
- Asia-Pacific is expected to be the fastest-growing region in the assisted reproductive technology (ART) market during the forecast period with a CAGR of 7.4%. This growth is attributed to increasing infertility rates, rising awareness of fertility treatments, improving healthcare infrastructure, and rising disposable incomes in countries such as China, Japan, and India
- In Vitro Fertilization (IVF) dominated the assisted reproductive technology (ART) market with a market share of 56.7% in 2024. This dominance is driven by IVF's higher success rates, widespread usage, and continuous technological advancements, making it the most effective method for treating various causes of infertility
