Middle East & Africa Assisted Reproductive Technology Market Size & Outlook
Middle East & Africa assisted reproductive technology market, 2018-2030 (US$M)
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MEA assisted reproductive technology market highlights
- The MEA assisted reproductive technology market generated a revenue of USD 1,330.5 million in 2023.
- The market is expected to grow at a CAGR of 5.4% 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, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 1,330.5 million |
| Market revenue in 2030 | USD 1,920.1 million |
| Growth rate | 5.4% (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, MEA region accounted for 4.8% 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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Middle East & Africa 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 97.55% in 2023. Horizon Databook has segmented the Middle East & Africa 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 region is witnessing reforms in regulations governing fertility treatment. In 2021, the government of UAE introduced alterations to IVF laws, which are anticipated to increase the ART market in the region.
One of the significant changes brought about by the new IVF law for fertility patients is the freezing of human embryos, along with unfertilized eggs and sperm.
In addition to providing an intragovernmental discussion and decision-making structure, the new IVF law enables limited scientific study in the field of fertility treatments. Also, the Ministry of Health and Prevention in the UAE is responsible for drafting the regulations governing the freezing of gametes.
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa assisted reproductive technology market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa assisted reproductive technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA assisted reproductive technology market size, by country, 2018-2030 (US$M)
Middle East & Africa Assisted Reproductive Technology Market Outlook Share, 2023 & 2030 (US$M)
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