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Navigating Growth and Innovation in the Global Fertility Services Market
The global fertility services market is experiencing rapid and robust growth, driven by a convergence of social, technological, and medical factors transforming reproductive health worldwide. Fertility services include a wide range of procedures and solutions such as in vitro fertilization (IVF), artificial insemination, surrogacy, egg and sperm donation, and advanced genetic testing—addressing the rising prevalence of infertility and meeting the family-building needs of diverse populations.
Market Size and Growth Dynamics
By 2025, estimates suggest the global fertility services market will reach between $49.25 billion and $74.42 billion, depending on methodology and segmentation. Forecasts consistently predict the market will more than double by the early 2030s, with projected sizes ranging from $92.52 billion by 2033 to $126.58 billion by 2029, supported by compound annual growth rates (CAGR) typically in the 8%–15% range. This impressive expansion can be attributed to:
Increasing Global Infertility Rates: According to 2023 WHO data, about 1 in…