Spain Assisted Reproductive Technology Market Size & Outlook
Spain assisted reproductive technology market, 2018-2030 (US$M)
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Spain assisted reproductive technology market highlights
- The Spain assisted reproductive technology market generated a revenue of USD 1,085.6 million in 2023 and is expected to reach USD 1,584.7 million by 2030.
- The Spain market is expected to grow at a CAGR of 5.6% 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 1,085.6 million |
| Market revenue in 2030 | USD 1,584.7 million |
| Growth rate | 5.6% (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, Spain accounted for 3.9% 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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Spain 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 90.81% in 2023. Horizon Databook has segmented the Spain assisted reproductive technology market based on in vitro fertilization (ivf), artificial insemination covering the revenue growth of each sub-segment from 2018 to 2030.
With an average of around 1.68 children per woman in 2021, the city of Melilla was identified as having the highest fertility rate in Spain. With an average of 11.13 newborns per 1,000 residents in that year, Melilla was first among regions in terms of birth rate.
The form of IVF available in the country is intrauterine insemination along with gamete and embryo donation. Surrogacy is still not allowed in the country. In 2018, the average success rate in public and private clinics in Spain ranged from 8% to 27% with regular ART cycles, depending on the patients’ age. The success rate of IVF is around 25.86%.
Spain is also considered a key destination for infertility treatment in Europe. Around 3% of newborns in the country are conceived through fertility treatments.
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Horizon Databook provides a detailed overview of country-level data and insights on the Spain assisted reproductive technology market , including forecasts for subscribers. This country databook contains high-level insights into Spain assisted reproductive technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain assisted reproductive technology market size, by type, 2018-2030 (US$M)
Spain Assisted Reproductive Technology Market Outlook Share, 2023 & 2030 (US$M)
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