ART Lab Equipment Market
The market for ART Lab Equipment was estimated at $581 million in 2024; it is anticipated to increase to $943 million by 2030, with projections indicating growth to around $1.41 billion by 2035.
Global ART Lab Equipment Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The ART Lab Equipment industry revenue is expected to be around $630.0 million in 2025 and expected to showcase growth with 8.4% CAGR between 2025 and 2034. The strong growth in the market for ART Lab Equipment is mainly fueled by the increase in infertility cases and advancements in ART technologies with support from government initiatives for infertility treatments playing a key role as well. The importance of the market is heightened by the continued relevance of ART procedures, in addressing reproductive health issues whichre vital to the healthcare sectors functioning. Rising income levels and a greater understanding of infertility treatments are also factors contributing to the markets growth.
ART Lab Equipment covers a variety of tools and technologies meant to support Assisted Reproductive Technology procedures, like in vitro fertilization and intracytoplasmic sperm injection among others. Microscopes incubators, sperm separation systems, embryo transfer devices and ovum aspiration pumps are some examples of equipment that play a vital role in these procedures.
Market Key Insights
- The ART Lab Equipment market is projected to grow from $581.2 million in 2024 to $1.30 billion in 2034. This represents a CAGR of 8.4%, reflecting rising demand across In Vitro Fertilization, Intracytoplasmic Sperm Injection and Preimplantation Genetic Diagnosis.
- Thermo Fisher Scientific Inc., Eppendorf AG, Hamilton Company are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the ART Lab Equipment market and are expected to observe the growth CAGR of 6.1% to 8.8% between 2024 and 2030.
- Emerging markets including Brazil, India and South Africa are expected to observe highest growth with CAGR ranging between 8.1% to 10.5%.
- Transition like Automation Revolution is expected to add $41 million to the Art Lab Equipment market growth by 2030.
- The ART Lab Equipment market is set to add $721 million between 2024 and 2034, with manufacturer targeting In Vitro Fertilization & Intracytoplasmic Sperm Injection Clinical Applications projected to gain a larger market share.
- With
technological advancements, and
rising infertility rates, ART Lab Equipment market to expand 124% between 2024 and 2034.
Opportunities in the ART Lab Equipment
Growth Opportunities in North America and Asia Pacific
Market Dynamics and Supply Chain
Driver: Technological Advancements, and Government Support and Funding
Restraint: High Cost of ART Lab Equipment
Opportunity: Technological Advancements in ART Lab Equipment and Strategic Collaborations for ART Lab Equipment Development
Challenge: Regulatory Challenges
Supply Chain Landscape
Raw Material Acquisition
Equipment Production
Distribution & Sales
End User
Raw Material Acquisition
Equipment Production
Distribution & Sales
End User
Use Cases of ART Lab Equipment in In Vitro Fertilization & Intracytoplasmic Sperm Injection
Recent Developments
The market for lab equipment used in Assisted Reproductive Technology has experienced growth in the past years due to the rising number of infertility cases globally and the growing need for advanced reproductive solutions. A current trend, in this sector is the incorporation of AI and ML technologies.