Market revenue in 2022 | USD 4.1 million |
Market revenue in 2030 | USD 8.1 million |
Growth rate | 9% (CAGR from 2022 to 2030) |
Largest segment | Sperm separation device |
Fastest growing segment | Imaging System |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Ovum Aspiration Pumps, Sperm Separation Device, Sperm Analyzer Systems, Micromanipulators Systems, Incubators, Cryosystems, Imaging System, Microscopes |
Key market players worldwide | The Cooper Companies Inc, Cook Medical, Vitrolife AB ADR, Eppendorf, AB Science, Hamilton Thorne Ltd, Rocket Pharmaceuticals Inc |
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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 infertility treatment devices and equipment market will help companies and investors design strategic landscapes.
Sperm separation device was the largest segment with a revenue share of 17.07% in 2022. Horizon Databook has segmented the Canada infertility treatment devices and equipment market based on ovum aspiration pumps, sperm separation device, sperm analyzer systems, micromanipulators systems, incubators, cryosystems, imaging system, microscopes covering the revenue growth of each sub-segment from 2018 to 2030.
The use of ART in Canada is increasing. In Canada, around one in six couples experience infertility. This number has doubled since the 1980s. Hence, the use of ART technology is growing substantially in the past few years.
For instance, according to the data from the Canadian Institute for Health Information 2018, 42,435 ART cycles were performed in Canada, representing an increase of 2.6% from the previous year. Similarly, as per NCBI, 183,739 fertility treatment cycles were entered into the CARTR Plus registry as of December 31, 2018.
Thus, rising awareness and growing use of ARTs are anticipated to drive market growth. Moreover, market players are launching products to gain a higher percentage of market share.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada infertility treatment devices and equipment market , including forecasts for subscribers. This country databook contains high-level insights into Canada infertility treatment devices and equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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