China Assisted Reproductive Technology Market Size & Outlook
China assisted reproductive technology market, 2018-2030 (US$M)
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China assisted reproductive technology market highlights
- The China assisted reproductive technology market generated a revenue of USD 2,311.2 million in 2023 and is expected to reach USD 3,904.4 million by 2030.
- The China market is expected to grow at a CAGR of 7.8% 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.
Assisted reproductive technology market data book summary
| Market revenue in 2023 | USD 2,311.2 million |
| Market revenue in 2030 | USD 3,904.4 million |
| Growth rate | 7.8% (CAGR from 2023 to 2030) |
| Largest segment | In vitro fertilization (ivf) |
| Fastest growing segment | Artificial Insemination |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, China accounted for 8.4% of the global assisted reproductive technology market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan assisted reproductive technology market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,963.4 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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China 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 92.46% in 2023. Horizon Databook has segmented the China assisted reproductive technology market based on in vitro fertilization (ivf), artificial insemination covering the revenue growth of each sub-segment from 2018 to 2030.
In addition, increasing demand for IVF treatments in China is expected to boost the demand for clinics located abroad, such as Virtus Health and Monash IVF Group (Australia) and Superior A.R.T. (Thailand), where 30% to 40% of visitors are from China.
Moreover, clinics such as Superior A.R.T. have appointed Chinese-speaking staff owing to the increase in the inflow of Chinese patients. Presence of strict regulatory policies and increasing need for more doctors & embryologists are among the major factors that have created a gap in the market.
Couples with financial means are flying to the U.S., Thailand, Australia, and Vietnam for IVF treatments. Surrogacy and gender selection are banned in China, which has led to an increase in the number of people visiting Australia and the U.S. where these laws are favorable.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the China assisted reproductive technology market , including forecasts for subscribers. This country databook contains high-level insights into China assisted reproductive technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China assisted reproductive technology market size, by type, 2018-2030 (US$M)
China Assisted Reproductive Technology Market Outlook Share, 2023 & 2030 (US$M)
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