Europe Assisted Reproductive Technology Market Size & Outlook
Europe assisted reproductive technology market, 2018-2030 (US$M)
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Europe assisted reproductive technology market highlights
- The Europe assisted reproductive technology market generated a revenue of USD 10,181.2 million in 2023.
- The market is expected to grow at a CAGR of 5.3% 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, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 10,181.2 million |
| Market revenue in 2030 | USD 14,619.1 million |
| Growth rate | 5.3% (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, Europe region accounted for 36.9% 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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Europe 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 91.39% in 2023. Horizon Databook has segmented the Europe 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 Europe, the fertility rate has been declining constantly over the years. The average fertility rate in Europe is 1.50 children per woman. In addition, the number of couples reporting infertility has been increasing by around 8% to 9% each year, making infertility a public health concern.
A higher number of couples are opting for ART. Around 5% of the children born in Europe are a result of ART. Increase in medical tourism is driving market growth in Europe.
Rising number of people from the U.S. are traveling to Czech Republic to avail IVF treatments at lower costs. However, individuals who cannot afford to fly to Europe undergo treatments at about one-third the cost offered by clinics in the U.S. An ART treatment.
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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 continent-level data and insights on the Europe assisted reproductive technology market , including forecasts for subscribers. This continent databook contains high-level insights into Europe assisted reproductive technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe assisted reproductive technology market size, by country, 2018-2030 (US$M)
Europe Assisted Reproductive Technology Market Outlook Share, 2023 & 2030 (US$M)
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