Fertility Services Market set to hit $113.4 billion by 2035, as upsurge in assisted reproductive technology adoption steers transformation

Industry revenue for Fertility Services is estimated to rise to $113.4 billion by 2035 from $51.2 billion of 2024. The revenue growth of market players is expected to average at 7.5% annually for period 2024 to 2035. Fertility services is critical across several key applications, including Assisted Reproductive Technology (ART), Male Infertility Treatment, In Vitro Fertilization (IVF) Services and Egg & Sperm Bank Services. The report unwind growth & revenue expansion opportunities at Treatment Type, Patient Type, Service Provider and Age Demographic with industry revenue Forecast.

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The Fertility services market is characterized by intense competition, with a number of leading players such as Virtus Health, Monash IVF Group, Care Fertility Group, Medfem Fertility Clinic and Carolinas Fertility Institute. These players are pushing the boundaries of innovation & technological advancements and forging strategic partnerships to expand the existing reach of the market, thereby shaping its growth trajectory and future prospects by enlarging the total addressable market.

The Fertility services market is projected to expand substantially, driven by the Rising trend of Delayed Pregnancies and Technological Advancements in Fertility Procedures. This growth is expected to be further supported by Industry trends like Increasing Prevalence of Infertility; and position the market's continued expansion to reach $79.0 billion by 2030. Moreover, the key opportunities, such as IVF Tourism on the Rise, Boost in Fertility Tech and male infertility an underserved market, are anticipated to create opportunistic revenue pockets in major demand hubs including U.S., Canada and UK.

The U.S., Canada, UK, Australia and India are leading the market, driving a significant share of global demand. Businesses in these countries can expect steady revenue growth of 4.9% to 7.2% annually from 2024 to 2035. At the same time, Brazil, South Africa and Malaysia are emerging as exciting new opportunities, with fast-growing markets and evolving industry landscapes creating fresh avenues for expansion.

North America and Asia Pacific are the two most active and leading regions in the market. With challenges like High Cost of Treatment and social stigma and cultural barriers, market Supply Chains from Diagnostic Services and Initial Assessment / Fertility Drugs Production / Assisted Reproductive Technologies (ART) Equipment Manufacturing and to Fertility Clinics and Hospitals is expected to evolve & expand further; and industry player’s will be pushed to make strategic shifts towards emerging markets including Brazil, South Africa and Malaysia for expansion of the total addressable market (TAM).

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