by The U.S. fertility market size is poised to grow by USD 8.69 billion by 2033 from USD 5.34 billion in 2023, exhibiting a CAGR of 4.78% during the forecast period 2024 to 2033.
Key Points
- By offering, the assisted reproductive technology segment dominated the market in 2023.
- By end-user, the fertility clinics segment dominated the U.S. fertility market in 2023 and the segment is observed to sustain the dominance throughout the forecast period.
The U.S. fertility market encompasses a range of services and products aimed at assisting individuals and couples in achieving pregnancy and overcoming fertility challenges. With advancements in reproductive technology and increasing societal acceptance of alternative family-building methods, the fertility market in the U.S. has witnessed significant growth in recent years. This market includes fertility clinics, assisted reproductive technology (ART) procedures, fertility drugs, and other related services.
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Growth Factors
Several factors contribute to the growth of the U.S. fertility market. Firstly, changing lifestyle patterns such as delayed childbearing due to career pursuits and educational goals have led to an increased demand for fertility treatments. Additionally, advancements in medical technology, including in vitro fertilization (IVF), genetic testing, and egg freezing techniques, have expanded the options available to individuals and couples seeking fertility assistance. Moreover, growing awareness and destigmatization of infertility have encouraged more people to seek help from fertility specialists, further driving market growth.
U.S. Fertility Market Scope
| Report Coverage | Details |
| U.S. Market Size in 2023 | USD 5.34 Billion |
| U.S. Market Size by 2033 | USD 8.69 Billion |
| Growth Rate from 2024 to 2033 | CAGR of 4.78% |
| Base Year | 2023 |
| Forecast Period | 2024 to 2033 |
| Segments Covered | By Offering and By End User |
Read More: Pharmaceutical Contract Manufacturing Market Size, Growth Report 2033
Opportunities
The U.S. fertility market presents numerous opportunities for expansion and innovation. One significant opportunity lies in catering to the evolving needs of LGBTQ+ individuals and same-sex couples who seek fertility services to build their families. Providing inclusive and specialized care tailored to their unique requirements can tap into an underserved segment of the market. Furthermore, collaborations between fertility clinics and technology companies to develop user-friendly mobile applications for fertility tracking and telemedicine consultations present another avenue for growth and convenience in accessing fertility services.
Challenges
Despite its growth potential, the U.S. fertility market also faces certain challenges. Affordability remains a significant barrier for many individuals, as fertility treatments can be expensive and may not be covered by insurance plans. This financial burden limits access to care and may result in inequities in fertility treatment outcomes. Additionally, regulatory complexities and ethical considerations surrounding assisted reproductive technologies pose challenges for both providers and patients. Maintaining high standards of care while navigating legal and ethical frameworks requires ongoing attention and adaptation within the industry. Lastly, addressing the emotional and psychological aspects of infertility and fertility treatments remains a challenge, highlighting the need for comprehensive support services within fertility clinics.
U.S. Fertility Market Companies
- Boston IVF Fertility Clinic
- INVO Bioscience
- San Diego Fertility Center
- Celmatix
- FUJIFILM IRVINE SCIENTIFIC
- Carolinas Fertility Institute
- Progyny Inc.
- Cook Medical
Data Sources and Methodology
To gather comprehensive insights on the Global U.S. fertility Market, we relied on a range of data sources and followed a well-defined methodology. Our approach involved interactions with industry experts and key stakeholders across the market’s value chain, including management organizations, processing organizations, and analytics service providers.
We followed a rigorous data analysis process to ensure the quality and credibility of our research. The gathered information was carefully evaluated, and relevant quantitative data was subjected to statistical analysis. By employing robust analytical techniques, we were able to derive meaningful insights and present a comprehensive overview of the Global U.S. fertility Market.
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- The research report has been meticulously crafted to provide comprehensive knowledge on essential marketing strategies and a holistic understanding of crucial marketing plans spanning the forecasted period from 2023 to 2032.
Key Features of the Report:
- Comprehensive Coverage: The report extensively encompasses a detailed explanation of highly effective analytical marketing methods applicable to companies across all industry sectors.
- Decision-Making Enhancement: It outlines a concise overview of the decision-making process while highlighting key techniques to enhance it, ensuring favorable business outcomes in the future.
- Articulated R&D Approach: The report presents a well-defined approach to conducting research and development (R&D) activities, enabling accurate data acquisition on current and future marketing conditions.
Market Segmentation:
By Offering
- Assisted Reproductive Technology
- IVF
- Artificial Insemination
- Surrogacy
- Others
- Fertility Drugs
- Gonadotropin
- Anti-estrogen
- Others
- Others
By End User
- Fertility Clinics
- Hospitals
- Clinical Research Institutes
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- Discover not only the cutting-edge technological advancements in the global U.S. fertility market but also the strategic plans of industry leaders.
Table of Content
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology (Premium Insights)
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on U.S. Fertility Market
5.1. COVID-19 Landscape: U.S. Fertility Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. U.S. Fertility Market, By Offering
8.1. U.S. Fertility Market Revenue and Volume, by Offering, 2024-2033
8.1.1. Assisted Reproductive Technology
8.1.1.1. Market Revenue and Volume Forecast (2021-2033)
8.1.2. Fertility Drugs
8.1.2.1. Market Revenue and Volume Forecast (2021-2033)
8.1.3. Others
8.1.3.1. Market Revenue and Volume Forecast (2021-2033)
Chapter 9. U.S. Fertility Market, By End User
9.1. U.S. Fertility Market Revenue and Volume, by End User, 2024-2033
9.1.1. Fertility Clinics
9.1.1.1. Market Revenue and Volume Forecast (2021-2033)
9.1.2. Hospitals
9.1.2.1. Market Revenue and Volume Forecast (2021-2033)
9.1.3. Clinical Research Institutes
9.1.3.1. Market Revenue and Volume Forecast (2021-2033)
Chapter 10. U.S. Fertility Market, Regional Estimates and Trend Forecast
10.1. U.S.
10.1.1. Market Revenue and Volume Forecast, by Offering (2021-2033)
10.1.2. Market Revenue and Volume Forecast, by End User (2021-2033)
Chapter 11. Company Profiles
11.1. Boston IVF Fertility Clinic
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. INVO Bioscience
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. San Diego Fertility Center
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Celmatix
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. FUJIFILM IRVINE SCIENTIFIC
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Carolinas Fertility Institute
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Progyny Inc.
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Cook Medical
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
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