Asia Pacific Assisted Reproductive Technology Market Size & Outlook
Asia Pacific assisted reproductive technology market, 2018-2030 (US$M)
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Asia Pacific assisted reproductive technology market highlights
- The Asia Pacific assisted reproductive technology market generated a revenue of USD 9,433.3 million in 2023.
- The market is expected to grow at a CAGR of 7.4% from 2024 to 2030.
- In terms of segment, in vitro fertilization (ivf) was the largest revenue generating type in 2023.
- Artificial Insemination is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 9,433.3 million |
| Market revenue in 2030 | USD 15,556.2 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | In vitro fertilization (ivf) |
| Fastest growing segment | Artificial Insemination |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | In Vitro Fertilization (IVF), Artificial Insemination |
| Key market players worldwide | Micromem Technologies Inc, CooperSurgical, FUJIFILM Holdings Corp, Vitrolife AB ADR, European Sperm Bank, Merck KGaA, Ferring, Bloom IVF |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 34.2% of the global assisted reproductive technology market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 15,556.2 million by 2030.
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Assisted Reproductive Technology Market Scope
Assisted Reproductive Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific assisted reproductive technology market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to assisted reproductive technology market will help companies and investors design strategic landscapes.
In vitro fertilization (ivf) was the largest segment with a revenue share of 92.62% in 2023. Horizon Databook has segmented the Asia Pacific assisted reproductive technology market based on in vitro fertilization (ivf), artificial insemination covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing infertility rate in this region and rising awareness about treatment options are expected to boost the market in this region. Social stigma associated with ART in this region is slowly reducing. Japan, China, and India are the notable markets in this region.
The demand for IVF treatments is expected to increase owing to the growth in fertility tourism, increase in the number of international companies trying to penetrate economically developing countries, and change in regulatory landscape in APAC.
The Asia Pacific Initiative on Reproduction (ASPIRE) is a task force of clinicians & scientists engaged in the management of fertility & ART. It promotes awareness regarding ART & infertility and enhances infertility-related services in the region.
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Target buyers of Asia Pacific assisted reproductive technology market databook
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Our clientele includes a mix of assisted reproductive technology market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific assisted reproductive technology market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific assisted reproductive technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific assisted reproductive technology market size, by country, 2018-2030 (US$M)
Asia Pacific Assisted Reproductive Technology Market Outlook Share, 2023 & 2030 (US$M)
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