Australia Assisted Reproductive Technology Market Size & Outlook
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Australia assisted reproductive technology market highlights
- The Australia assisted reproductive technology market generated a revenue of USD 700.3 million in 2023 and is expected to reach USD 1,136.8 million by 2030.
- The Australia market is expected to grow at a CAGR of 7.2% 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 700.3 million |
| Market revenue in 2030 | USD 1,136.8 million |
| Growth rate | 7.2% (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, Australia accounted for 2.5% 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 Asia Pacific, Japan assisted reproductive technology market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,963.4 million by 2030.
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Assisted Reproductive Technology Market Scope
Assisted Reproductive Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Bloom IVF | View profile | 11-50 | Mumbai, Maharashtra, India, Asia | https://www.bloomivf.com |
| Micromem Technologies Inc | View profile | 3 | 121 Richmond Street West, Suite 602, Toronto, ON, Canada, M5H 2K1 | https://www.micromeminc.com |
| European Sperm Bank | View profile | 11-50 | Copenhagen, Hovedstaden, Denmark, Europe | https://www.europeanspermbank.com/en-int |
| Ferring | View profile | 5001-10000 | Saint-prex, Vaud, Switzerland, Europe | https://www.ferring.com |
| CooperSurgical | View profile | 501-1000 | Trumbull, Connecticut, United States, North America | http://www.coopersurgical.com |
| FUJIFILM Holdings Corp | View profile | 83784 | 7-3, Akasaka 9-chome, Minato-ku, Tokyo, Japan, 107-0052 | http://www.fujifilmholdings.com |
| Vitrolife AB ADR | View profile | 1116 | Box 9080, Gothenburg, Sweden, 400 92 | https://www.vitrolife.com |
| Merck KGaA | View profile | 62345 | Frankfurter Strasse 250, Darmstadt, HE, Germany, 64293 | https://www.emdgroup.com |
Australia 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 93.16% in 2023. Horizon Databook has segmented the Australia assisted reproductive technology market based on in vitro fertilization (ivf), artificial insemination covering the revenue growth of each sub-segment from 2018 to 2030.
Infertility affects around 15% of women of reproductive age at any given moment, causing immense personal anguish for millions of people across the globe. Through advances in fertility treatment, particularly ART, infertility is rapidly being overcome.
There were 81,049 ART treatment cycles registered by Australian fertility clinics in 2019, a 6.2% increase from 2018. This corresponds to 15.6 cycles per 1,000 Australian women of reproductive age In 95% of treatments, women utilized their own oocytes or embryos. About 36.7% of autologous cycles utilized embryos and oocytes that had been frozen and thawed.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Australia assisted reproductive technology market , including forecasts for subscribers. This country databook contains high-level insights into Australia assisted reproductive technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia assisted reproductive technology market size, by type, 2018-2030 (US$M)
Australia Assisted Reproductive Technology Market Outlook Share, 2023 & 2030 (US$M)
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