Infertility Treatment Market

Cooper Companies Inc. (US) and Cook Group Incorporated (US) are the Major Players in the Infertility Treatment Market

The global infertility treatment market is projected to reach USD 2.2 billion by 2023 from USD 1.5 billion in 2018, at a CAGR of 8.0%. Growth in the infertility treatment market can be attributed to factors such as declining fertility rate and rising public awareness about various infertility treatment options. Growth opportunities in emerging markets and use of fertility treatment options by single parents and same-sex couples are also expected to provide opportunities for players in this market. On the other hand, high procedural cost of assisted reproductive techniques in developed markets and unsupportive government regulations for certain infertility treatment options are the key factors that are expected to restrain market growth to a certain extent during the forecast year.

The major players in the infertility treatment market include The Cooper Companies Inc. (US), Cook Group Incorporated (US), and Vitrolife AB (Sweden), Thermo Fisher Scientific, Inc. (US) Esco Micro Pte. Ltd. (Singapore), Genea Limited (Australia), IVFtech ApS (Denmark), Irvine Scientific (US), The Baker Company, Inc. (US), Kitazato (Japan), Rocket Medical Plc (UK), IHMedical A/S (Denmark), Hamilton Throne Ltd. (US), MedGyn Products, Inc. (US), Carl Zeiss (Germany), and SOMATEX Medical Technologies GmbH (Germany). Analysis of the market developments between 2015 and 2018 revealed that several growth strategies such as product launches, enhancements, and strategic acquisitions were adopted by the market players to strengthen their product portfolios and maintain a competitive position in the infertility treatment market. Among these business strategies, product launches and approvals were the most widely adopted growth strategies by the players in the infertility treatment market.

To know about the assumptions considered for the study download the pdf brochure

The Cooper Companies Inc. (US) dominated the global infertility treatment market in 2017. The company has a strong foothold in the infertility treatment market, with a broad range of product offerings. The company’s CooperSurgical business (specializing in women’s health) offers a broad range of innovative technologies and services to clinicians and patients worldwide. The company has a strong distribution network in around 100 countries and has its presence across the US and Europe. The increasing efforts of the company to increase its customer base and strengthen its footprint are contributing to its large share in the infertility treatment market. In 2018, Cooper Companies Inc. acquired fertility business of LifeGlobal, which helped the company to enhance its product portfolio in the IVF business

Cook Group Incorporated (US) held the second-largest market position in the global infertility treatment market in 2017. The company is present across major countries, such as Australia, Canada, Denmark, Ireland, and the US, and distributes its products in 135 countries. Cook focuses on strengthening its market position by adopting inorganic growth strategies (such as expansions and collaborations). In 2016, the company opened its South Asia Distribution Centre (SADC) in Singapore. This new distribution center was aimed to meet the increasing product demand across India, South Korea, Malaysia, Taiwan, Thailand, and Hong Kong. This expansion helped the company to strengthen its market presence in the APAC region.

Related Reports:

Infertility Treatment Market by Procedure (ART, Artificial Insemination, IVF, Surrogacy, Fertility Surgery), Product (Instruments, Media, Accessories), Patient Type (Male), End User (Fertility Clinics, Hospitals, Cryobanks) - Global Forecasts to 2022

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Report Code
MD 3765
RI Published ON
11/2/2018
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Infertility Treatment Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved