Australia Infertility Treatment Devices And Equipment Market Size & Outlook
The infertility treatment devices and equipment market in Australia is expected to reach a projected revenue of US$ 14.5 million by 2030. A compound annual growth rate of 11% is expected of Australia infertility treatment devices and equipment market from 2023 to 2030.
Sexual Health & Wellness
Artificial Reproductive Technology
Infertility Treatment Devices And Equipment Market Outlook
Australia infertility treatment devices and equipment market highlights
The Australia infertility treatment devices and equipment market generated a revenue of USD 6.3 million in 2022 and is expected to reach USD 14.5 million by 2030.
The Australia market is expected to grow at a CAGR of 11% from 2023 to 2030.
In terms of segment, sperm separation device was the largest revenue generating type in 2022.
Imaging System is the most lucrative type segment registering the fastest growth during the forecast period.
Infertility treatment devices and equipment market data book summary
The Cooper Companies Inc, Cook Medical, Vitrolife AB ADR, Eppendorf, AB Science, Hamilton Thorne Ltd, Rocket Pharmaceuticals Inc
Other key industry trends
In terms of revenue, Australia accounted for 2.5% of the global infertility treatment devices and equipment market in 2022.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Asia Pacific, Japan infertility treatment devices and equipment market is projected to lead the regional market in terms of revenue in 2030.
China is the fastest growing regional market in Asia Pacific and is projected to reach USD 46.0 million by 2030.
Australia made significant technological advancements in ART. Examples are Preimplantation Genetic Diagnosis (PGD) and Preimplantation Genetic Screening (PGS), which are used to screen embryos for genetic disorders before implantation.
Another example is the development of time-lapse imaging technology, which allows continuous monitoring of embryos without disrupting the culture environment. This technology provides more information about embryo development and helps improve success rates in ART.
This may further boost the market growth. For instance, in January 2022, Fertilize raised USD 2 million to automate IVF embryo culturing to make IVF less stressful and more successful for patients and clinicians.
Australia Infertility Treatment Devices And Equipment 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 Infertility Treatment Devices And Equipment Market Outlook will help companies and investors design strategic landscapes.
Sperm Separation Device was the largest segment with a revenue share of 17.46% in 2022.
Horizon Databook has segmented the Australia 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.
Australia made significant technological advancements in ART. Examples are Preimplantation Genetic Diagnosis (PGD) and Preimplantation Genetic Screening (PGS), which are used to screen embryos for genetic disorders before implantation.
Another example is the development of time-lapse imaging technology, which allows continuous monitoring of embryos without disrupting the culture environment. This technology provides more information about embryo development and helps improve success rates in ART.
This may further boost the market growth. For instance, in January 2022, Fertilize raised USD 2 million to automate IVF embryo culturing to make IVF less stressful and more successful for patients and clinicians.
Australia Infertility Treatment Devices And Equipment Market Type Outlook (Revenue, USD Million , 2018-2030)
Ovum Aspiration Pumps
Sperm Separation Device
Sperm Analyzer Systems
Micromanipulators Systems
Incubators
Cryosystems
Imaging System
Microscopes
Others
Australia Infertility Treatment Devices And Equipment Market End Use Outlook (Revenue, USD Million , 2018-2030)
Fertility Clinics
Hospitals & Other Healthcare Facilities
Clinical Research Institutes
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia Infertility Treatment Devices And Equipment Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Australia Infertility Treatment Devices And Equipment Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Australia Infertility Treatment Devices And Equipment Market, 2018-2030 (US$M)