Global growth in fertility services

 

The article suggests that investors in search of a healthy return are increasingly analysing prospects in the fertility services sector following reports that the global market is expected to reach US$36.2bn by 2026 – a CAGR of 10.2%. This growth is driven by a number reasons, including advancements in treatments, better success rates and a global social and cultural shift in the use of techniques such as In Vitro Fertilisation (IVF) and other Assisted Reproductive Technologies (ART).

The authors argue that ART is a possible sub-sector for investment, with some reporting that the ART sector is recession proof. The rapid expansion of middle-class economies across Asia and the MENA region in particular has contributed to a rise in global per capita disposable income, helping to expand global access and demand for services. Coupled with a greater cultural acceptance of the use of ART, demand for treatment continually outstrips supply.

For more mature ART markets such as Europe and North America, the combined offering of fertility preservation such as egg freezing and new techniques such as embryonic genetic testing are creating paradigm shifts in the field, increasing demand, accessibility and competitive pricing. 

Globally, demand is progressing a trend for cross-jurisdictional treatment standardisation as economies of scale are recognised through collaboration, a more comprehensive healthcare offering and potential outsourcing of clinical support services that supplement ART. 

The full article analyses the some of the latest international transactions in the global fertility market, and the identifies the forces that are driving global market trends in this sector.

Visit laingbuissonnews.com more international healthcare market news, or to request a free trial of Healthcare Market international, published by LaingBuisson.

Advertisement

ADD A NEWS ITEM

Do you have some news or a press release that you’d like to share with the medical travel industry?

Publish for FREE on IMTJ.

ADD NEWS

Related News

Thailand’s inbound medical travel increase

05 August, 2020

Green shoots for medical tourism to Thailand

Vietnam’s new medical tourism website

05 August, 2020

Ho Chi Minh City raises medical travel sector profile

Thailand: medical tourists from August

22 July, 2020

Plans for inbound medical travel to Thailand

Iran inbound medical travel

07 July, 2020

Iran to target more Afghan patients

US fertility services

26 June, 2020

Recovery for US clinics predicted in 2021