Assisted Reproductive Technology Market: A Complete Guide to Size, Share and Segments
Market Size and Growth Highlights The assisted reproductive technology market is on a steady path. Grand View Research estimates it at USD 27.6 billion in 2023 and USD 33.4 billion in 2026, then USD 41.4 billion by 2030. Put simply, the industry is expected to add roughly USD 13.8 billion in annual revenue between 2023 and 2030. That works out to about 21% growth across the first three years and a further 24% across the last four, so growth is not slowing as the base gets larger. The pandemic is a useful reference point for resilience. Fertility treatments such as ovulation induction, artificial insemination, IVF and embryo transfers were halted or postponed in 2020. Procedure volumes dropped sharply in March and April 2020, yet the industry recovered quickly as the American Society for Reproductive Medicine, ESHRE and the International Federation of Fertility Societies resumed treatment guidance. The report headlines a 54% rebound from 2020 to 2021. Demand for fertility care was de...