Germany Assisted Reproductive Technology Market Size & Outlook
Germany assisted reproductive technology market, 2018-2030 (US$M)
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Germany assisted reproductive technology market highlights
- The Germany assisted reproductive technology market generated a revenue of USD 1,661.5 million in 2023 and is expected to reach USD 2,560.1 million by 2030.
- The Germany market is expected to grow at a CAGR of 6.4% 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.
Assisted reproductive technology market data book summary
| Market revenue in 2023 | USD 1,661.5 million |
| Market revenue in 2030 | USD 2,560.1 million |
| Growth rate | 6.4% (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, Germany accounted for 6.0% 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 Europe, Germany assisted reproductive technology market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 2,560.1 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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Germany 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 90.19% in 2023. Horizon Databook has segmented the Germany assisted reproductive technology market based on in vitro fertilization (ivf), artificial insemination covering the revenue growth of each sub-segment from 2018 to 2030.
The fertility rate in Germany increased by 0.31% from 2021 to 2022, reaching 1.607 births per woman. The population replacement rate, which is 2.1 children per woman, is not met by the fertility rate. By 2060, the population of Germany is predicted to be decreasing.
In Germany, social acceptance of ART is still low in comparison with the UK. The guidelines related to ART procedures for single women and lesbian couples are ambiguous. Furthermore, medical tourism is growing in Germany owing to the presence of liberal laws pertaining to ART in the country.
The liberal ART laws in the country do not allow U.S. patients to pursue profiles of donors. Egg donors in Germany are usually single mothers or students who receive USD 1,134.70 per donation. On the other hand, in the U.S.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany assisted reproductive technology market , including forecasts for subscribers. This country databook contains high-level insights into Germany assisted reproductive technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany assisted reproductive technology market size, by type, 2018-2030 (US$M)
Germany Assisted Reproductive Technology Market Outlook Share, 2023 & 2030 (US$M)
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