Canada Assisted Reproductive Technology Market Size & Outlook
Related Markets
Canada assisted reproductive technology market highlights
- The Canada assisted reproductive technology market generated a revenue of USD 374.3 million in 2023 and is expected to reach USD 449.0 million by 2030.
- The Canada market is expected to grow at a CAGR of 2.6% 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 374.3 million |
| Market revenue in 2030 | USD 449.0 million |
| Growth rate | 2.6% (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, Canada accounted for 1.4% 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 North America, U.S. assisted reproductive technology market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 8,079.5 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
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 |
Canada 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 88.41% in 2023. Horizon Databook has segmented the Canada assisted reproductive technology market based on in vitro fertilization (ivf), artificial insemination covering the revenue growth of each sub-segment from 2018 to 2030.
Assisted human reproduction operations are becoming more popular among people with infertility, single parents, and same-sex couples as a means of expanding their families. Active initiatives undertaken by the Canadian government for fertility procedures are driving market growth.
For same-sex couples, couples facing infertility problems, or those wishing to become parents themselves, the federal government will consider medical costs associated with surrogate mothers or sperm, egg, or embryo donors residing in Canada.
It includes reimbursed costs for IVF that are billed under the Medical Expense Tax Credit and payments made to Canadian fertility clinics & donor banks to qualify for the Medical Expense Credit starting this year.
Reasons to subscribe to Canada assisted reproductive technology market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Canada assisted reproductive technology market databook
-
Our clientele includes a mix of assisted reproductive technology market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada assisted reproductive technology market , including forecasts for subscribers. This country databook contains high-level insights into Canada assisted reproductive technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Canada assisted reproductive technology market size, by artificial insemination, 2018-2030 (US$M)
Canada Assisted Reproductive Technology Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
