NEW YORK, Oct. 12, 2015 /PRNewswire/ -- The global 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% between 2015 and 2020. 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. Based on technology, the market is segmented into in vitro fertilization, artificial insemination, gamete donation, intracytoplasmic sperm injection, intrauterine insemination, and surrogacy. The imaging systems segment accounts for the largest share of the infertility treatment devices market in 2015, while the sperm analyzer systems segment is expected to grow at the highest rate.
The geographic segments included in this report are North America, Europe, Asia, and the Rest of the World (RoW). North America is further segmented into the U.S. and Canada. North America is expected to account for the largest share of the global infertility treatment devices market in 2015, while Asia is poised to witness highest growth rate.
Market growth is majorly driven by the rising infertility rate among couples and single women. Other growth factors include increasing healthcare expenditure, increasing lifestyle disorders, and rising consumption of alcohol and cigarettes.
A combination of bottom-up and top-down approaches was used to calculate the market sizes and growth rates of the global infertility treatment devices market and its subsegments. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. Primary interviews with key opinion leaders were also used to determine the percentage shares of each subsegment and the relative differences in growth rates. The report provides qualitative insights about growth rates and market drivers for all subsegments. It maps market sizes and growth rates for each subsegment and identifies segments poised for rapid growth in each geographic segment. The report also includes company profiles of market leaders.
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The report will enable both established firms and new entrants to gauge the pulse of the market and help them make important strategic growth decisions.
The report provides insights on the following:
- Product Development: Product portfolios of the top players in the infertility treatment devices market
- Competitive Assessment: In-depth assessment of the business segments and product portfolios of the leading players in the infertility treatment devices market
- Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the market for various infertility treatment devices products and services across geographies
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