Assisted Reproductive Technology Market Trends Analysis and Forecast 2024-2028
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According to Technavio's market analysis, the Assisted Reproductive Technology (ART) Market is poised to grow by USD 6.3 billion between 2023 and 2028, with a CAGR of 4.36%. The increasing number of infertility cases, driven by factors like obesity and advanced maternal age, is fueling the demand for ART treatments such as IVF. Moreover, there is a noticeable rise in the number of single women seeking reproductive assistance, further driving the market. Despite this growth, challenges related to the potential side effects of ART treatments on the ovaries, uterus, and vagina persist. Fertility clinics and hospitals are actively addressing these concerns through research and development investments to enhance the safety and effectiveness of ART procedures. Innovations such as IVF, egg freezing, and embryo transfer are transforming the market, while genetic screening and sperm banking services are improving treatment success rates. The rise of fertility preservation techniques, including cryopreservation and ovarian stimulation, is also contributing significantly to market growth as it caters to a wide range of reproductive needs.

https://www.technavio.com/report/assisted-reproductive-technology-market-industry-analysis
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