PUNE, India, September 30, 2015 /PRNewswire/ --
According to a new market research report "Infertility Treatment Devices Market by Product (Cryosystem, Imaging System, Incubator, Micromanipulator, Ovum Aspiration Pump, Sperm Analyzer, Workstation), Technology (AI, Gamete Donation, IVF, ICSI, IUI, Surrogacy), and End User - Global Forecast to 2020", published by MarketsandMarkets, The Infertility Treatment Devices Market worth 3,698.92 Million USD by 2020, at a CAGR of 15.21% during the forecast period of 2015 to 2020.
Browse 75 market data Tables and 74 Figures spread through 140 Pages and in-depth TOC on "Infertility Treatment Devices Market"
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The infertility treatment devices market is expected to reach USD 3,698.92 Million by 2020 from USD 1,822.32 Million in 2015, at a CAGR of 15.21%. Increasing healthcare expenditure and rising infertility rate will majorly drive the infertility treatment devices market. Other growth drivers include increasing prevalence of lifestyle disorders and rising consumption of alcohol and cigarettes.
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The market is segmented on the basis of product, technology, and end user. By product, the market includes antivibration tables, cryosystems, gas analyzers, imaging systems, incubators, laser systems, micromanipulator systems, ovum aspiration pumps, sperm analyzer systems, workstations, and accessories. Imaging systems will hold the largest share of the infertility treatment devices market in 2015, while sperm analyzer systems will grow at the highest CAGR.
The technologies included in this report are artificial insemination, gamete donation, intracytoplasmic sperm injection, intrauterine insemination, in vitro fertilization, and surrogacy. In vitro fertilization segment is expected to be the fastest growing product segment.
End users included in this report are cryobanks, fertility and surgical centers, and hospitals and clinics. Of these, fertility and surgical centers will hold the largest share of the infertility treatment devices market in 2015.
The geographic segments included in this report are North America, Europe, Asia, and the Rest of the World (RoW). North America is further subsegmented into the U.S. and Canada. North America is expected to hold the largest share of this market in 2015, while Asia is expected to grow at the fastest rate. Growth in the Asian infertility treatment devices market will primarily be driven by the rising medical tourism in this region.
Major players in the global Infertility Treatment Devices Market are The Cooper Companies Inc. (U.S.), Cook Group Incorporated (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Vitrolife AB (Sweden), Research Instruments Limited (U.K.), Esco Micro Pte. Ltd. (Singapore), Genea Limited (Australia), IVFtech ApS (Denmark), Irvine Scientific (U.S.), and The Baker Company, Inc. (U.S.).
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