INFERTILITY DEVICES MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027
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REPORT DESCRIPTION Infertility Devices Market - Overview Global Infertility Devices Market, by Product Type (Equipment and Accessories), by Procedure (Assisted Reproductive Technology, Artificial Insemination, Fertility Surgery, and Others), by Gender (Male and Female), by End User (Fertility Centers, Hospitals & Surgical Clinics, Cryobanks, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa), was valued at US$ 7,104.1 million in 2018, and is expected to exhibit a CAGR of 8.4% over the forecast period (2019-2027). Increasing adoption of collaborations and partnerships by key players are expected to propel the market growth over the forecast period. For instance, in October 2019, Carl Zeiss Meditec AG entered into a partnership with Kyoto University to increase the company’s research and development capabilities. Similarly, in November 2019, Invo Bioscience announced that they have entered commercialization agreements for the InvoCell in-vivo fertility system in Turkey and Jordan, to support the company’s expansion into Middle East. Rising prevalence of infertility is expected to boost growth of the infertility devices market over the forecast period. For instance, according to the International Journal of Women’s Health and Reproduction Sciences, in 2018, the global prevalence of infertility was 10-15%. According to the same data source, in Iran, couples suffering from primary and secondary fertility problems were around 78.4% and 21.6%, respectively in 2018. Browse Research Reports: https://www.coherentmarketinsights.com/marketinsight/infertility-devices-market-2579 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Browse 38 Market Data Tables and 29 Figures spread through 214 Pages and in-depth TOC on ‘Infertility Devices Market’- Global Forecast to 2027, by Product Type (Equipment and Accessories), by Procedure (Assisted Reproductive Technology, Artificial Insemination, Fertility Surgery, and Others), by Gender (Male and Female), by End User (Fertility Centers, Hospitals & Surgical Clinics, Cryobanks, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) expected to hold a dominant position in the infertility devices market over the forecast period, owing to adoption of growth strategies such as product launches, investments, and facility expansion by the market players in the region to enhance their market presence. For instance, in November 2015, INVO Bioscience, Inc., a medical device company announced that the U.S. Food and Drug Administration (FDA) approved company's De Novo request for INVOcell. INVOcell is the first intravaginal culture system that was granted marketing clearance in the U.S. Moreover, rising adoption of inorganic growth strategies such as distribution agreement, collaborations, and acquisitions by market players in North America are expected to boost the infertility devices market growth in the region during the forecast period. For instance, in November 2018, Ferring Pharmaceuticals signed an agreement to acquire the exclusive U.S. commercialization rights for the INVOcell intravaginal culture (IVC) system from INVO Bioscience Inc. The system includes the INVOcell IVC device, retention device, and holding block. Request a Sample copy of this reports: https://www.coherentmarketinsights.com/insight/request-sample/2579 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Key Takeaways of the Infertility Devices Market: The global infertility devices market is expected to exhibit a CAGR of 8.4% over the forecast period, owing to increasing adoption of collaborations and acquisition strategies by the market players, and rising products approvals by regulatory organizations. For instance, in October 2019, INVO Bioscience, Inc., a medical device company focused on creating alternative treatments for patients diagnosed with infertility, announced about receiving the CE mark for its INVOcell culture and retention device. Among product type, equipment segment held dominant position in the infertility devices market in 2018, owing to increasing research and innovation in the field of fertility by the research institutes. For instance, in 2018, researcher at Worcester Polytechnic Institute developed a device named Spartan. The Spartan device helps women to get pregnant with fewer treatment trials in IVF fertilization by selecting faster and healthier sperm. The Spartan name is the short form of Simple Periodic Array for Trapping and Isolation. This device uses field of three-dimensional posts to create obstacle of array through which sperm passes to outlet. The fastest and healthiest sperm that gets into the outlet are used for further IVF (In vitro fertilization) procedure. Among procedure, Assisted Reproductive Technology (ART) procedure segment held dominant position in the infertility devices market in 2018, owing to increasing innovation and development in ART.
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