United States Assisted Reproductive Technology Market Overview
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Growth Rate: 7.10% (2024-2032)
The United States assisted reproductive technology market is experiencing robust growth, driven by several key factors and emerging trends. According to the latest report by IMARC Group, the market size is projected to exhibit a growth rate (CAGR) of 7.10% during 2024-2032.
Assisted Reproductive Technology (ART) encompasses medical procedures and techniques used to aid individuals or couples in achieving pregnancy. It primarily includes in vitro fertilization (IVF), intrauterine insemination (IUI), and intracytoplasmic sperm injection (ICSI). ART procedures often begin with the stimulation of a woman’s ovaries to produce multiple eggs, which are then retrieved and fertilized with sperm in a laboratory setting. The fertilized eggs, or embryos, are subsequently transferred to the woman’s uterus with the aim of establishing a successful pregnancy. These procedures are utilized not only by couples facing infertility issues but also by single individuals and same-sex couples seeking to have children. ART is an evolving field, constantly benefiting from advancements in medical science and technology, including the use of preimplantation genetic testing to screen embryos for genetic conditions, thereby increasing the chances of a healthy pregnancy.
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United States Assisted Reproductive Technology Industry Trends and Drivers:
The United States Assisted Reproductive Technology (ART) market is rapidly expanding due to several key factors and emerging trends. The increasing prevalence of infertility, influenced by delayed childbearing, lifestyle changes, and underlying medical conditions, is a primary driver of this growth. As more individuals and couples encounter challenges in conceiving naturally, the demand for ART services has significantly increased. Furthermore, greater societal acceptance and awareness of ART are encouraging more people to pursue these treatments. Advances in medical technology and techniques, such as more efficient ovarian stimulation protocols, improved embryo culture conditions, and sophisticated genetic screening methods, have notably improved the success rates of ART procedures, fueling market growth. Additionally, the trend of elective single embryo transfers (eSET) to minimize the risk of multiple pregnancies and associated complications signifies a shift towards safer and more personalized fertility treatments. Government initiatives expanded insurance coverage, supportive legal frameworks for donor gametes and surrogacy arrangements, and the integration of advanced technologies like artificial intelligence (AI) and machine learning in fertility clinics are further propelling the market expansion. Ongoing research and development activities focused on enhancing ART techniques and outcomes are expected to contribute to continued United States assisted reproductive technology market growth.
United States Assisted Reproductive Technology Industry Segmentation:
The report has segmented the market into the following categories:
Product Insights:
Instrument
Sperm Separation System
Cryosystem
Incubator
Imaging System
Ovum Aspiration Pump
Cabinet
Micromanipulator
Laser Systems
Others
Accessory and Disposable
Reagents and Media
Cryopreservation Media
Semen Processing Media
Ovum Processing Media
Embryo Culture Media
Type Insights:
In-Vitro Fertilization (IVF)
Fresh Donor
Frozen Donor
Fresh Non-Donor
Frozen Non-Donor
Artificial Insemination
Intrauterine Insemination
Intracervical Insemination
Intravaginal Insemination
Intratubal Insemination
End Use Insights:
Fertility Clinics and Other Facilities
Hospitals and Others
Regional Insights:
Northeast
Midwest
South
West
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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Key highlights of the Report:
Market Performance (2018-2023)
Market Outlook (2024-2032)
COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Strategic Recommendations
Historical, Current and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Structure of the Market
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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