Fertility Drug and Surgery Market Trends, Regional Analysis, Growth, Share, Top Companies Forecast
Market Synopsis:
The fertility
drug and surgery market trends is expected to reach USD 2.21 billion by
2030 at 9.50% CAGR during the forecast period 2022-2030.The rates of
infertility are getting higher, which has encouraged massive investments in the
research & development of effective drugs and surgeries. Market Research
Future (MRFR) has highlighted in its latest analysis that the global fertility
drug and surgery market is projected to expand at a CAGR of 9.8% during the
projection period of 2018 to 2023.
Infertility diseases affect both men and women. Treatments
have been developed for both the genders and drug research is expected to
constantly drive the expansion of the fertility drug and surgery market over
the next couple of years. In addition, rising working population of women has
led to increased cases of late pregnancies. This, in turn, is prognosticated to
boost the revenue creation of the fertility drug and surgery market over the
next couple of years.
Obesity is also a significant factor driving the growth of
the market. Increasing burden of obesity has led to an exponential increase in
the prevalence of infertility. It is projected to catapult the global fertility
drug and surgery market on an upward trajectory over the forecast period. Other
factors such as increasing disposable income, rising healthcare expenditure,
etc. are poised to influence the market positively. However, on the flip side,
factors such as high treatment cost and complications associated with surgeries
is anticipated to restrict market growth over the next few years.
Market Segmentation:
Based on the underlying cause, the global fertility drug and
surgery market has been segmented into male and female.
By drug, the fertility drug and surgery market has been
segmented into letrozole, Serophene, clomiphene citrate, hormone treatment,
gonadotrophins estrogen receptor modulators, aromatase inhibitors, dopamine
agonists, metformin hydrochloride, and others.
Depending on the procedures, the global fertility drug and
surgery market has been segmented into laparoscopy and robotic laparoscopy,
hysteroscopy, laparotomy/open surgery, varicocelectomy, vasectomy reversal
(vasovasostomy or vasoepididymostomy), egg retrieval, sperm retrieval
(epididymal aspiration).
Based on end-user, the fertility drug and surgery market has
been segmented into hospitals, clinical research institutes, fertility clinics,
and others.
Regional Analysis:
A detailed geographical analysis of the global fertility
drug and surgery market report has been included in this MRFR report which
covers four major regions – Americas, Asia Pacific, Europe, and the Middle East
& Africa (MEA). Americas is likely to lead the expansion of the market on
account of the increasing rate of infertility in the region. Rising prevalence
of obesity and increasing cases of delayed pregnancies are anticipated to
catapult the global fertility drug and surgery market on upward trajectory in
the years to come. Europe held the second leading position in 2017. It has been
studied in this report that the riding prevalence of sexually transmitted
diseases is responsible for increasing infertility rate in the region. On the
other hand, Asia Pacific fertility drug and surgery market is poised to exhibit
immense developments. Factors such as rising awareness, availability of
healthcare services, etc. are projected to boost revenue growth of the fertility
drug and surgery market in the region over the next few years.
Competitive Dashboard:
The key players participating in the landscape of the global
fertility drug and surgery market are Eli Lilly, Baxter Healthcare Corporation,
Ferring Pharmaceuticals, Inc., Merck & Co. Pharmaceutical Company, Noven
Pharmaceuticalorganon, Inc., Janssen Pharmaceuticals Inc., Personal Products
Company, Pfizer, Inc., Procter & Gamble Pharmaceuticals, and Emd Serono,
Inc. Growth strategies are expected to e executed by these players that are
poised to boost revenue creation in the market over the next couple of years.
Few of these strategies are mergers & acquisitions, collaborations,
partnerships, etc. Investments are also anticipated to be injected in the
future trajectory of the fertility drug and surgery market for gaining edge
over competitors.
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