Zion Market Research, the market research group announced the analysis report titled "Assisted Reproductive Technology Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024"
Sarasota, FL -- (SBWIRE) -- 03/15/2018 -- Global Assisted Reproductive Technology Market: Overview
ART (assisted reproductive technology) is the fertility therapy in which eggs are eliminated surgically from the female ovaries and are merged with the laboratory sperms, further they are donated to different female or are placed back in the ovaries. ART does not comprise the therapy where only pills are taken or sperms are handled to motivate the production of an egg. ART can be employed evade the fertility issues while maintaining the genetic link.
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Global Assisted Reproductive Technology Market: Growth Factors
The global assisted reproductive technology market is anticipated to develop further owing to government support for infertility processes and rising number of infertility cases. In addition to this, the global assisted reproductive technology market will also grow due to increasing number of smokers, rising disposable income, stress levels, and obese population. On the other hand, factors such as rising ethical problems around creation, selection, and disposables of the embryo are the main reason responsible for the development of global assisted reproductive technology market. In addition to this, lack of rules for practitioner resulting in lower rate of success, birth defects risk, and expensive treatment can also hamper the global assisted reproductive technology market.
Global Assisted Reproductive Technology Market: Segmentation
On the basis of procedure, the global assisted reproductive technology market can be divided into ZIFT (zygote intrafallopian transfer), IVF-ET (in-vitro fertilization-embryo transfer), FET (frozen embryo transfer), and GIFT (gamete intrafallopian transfer). The in-vitro fertilization-embryo transfer is the biggest segment of the global assisted reproductive technology market owing to its reimbursement policies, higher success rate, and launch of new tech in IVF. In early times, various sperms were injected to elevate the rate of success but currently, time-lapse imaging system has been used where the apparent image of the division of egg is seen and the fate of embryo is decided.
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Global Assisted Reproductive Technology Market: Regional Analysis
Areawise, the global assisted reproductive technology market is divided into Europe, North America, Latin America, Asia Pacific, and rest of the world including the Middle East and Africa. Europe dominated the global assisted reproductive technology market in North America owing to the alertness of users for the treatment of infertility, various technological advancements, and government initiatives. Apart from this, CDC (Centers for Disease Control and Prevention) designed the action plan of national public health for the management, detection, and prevention of infertility and in this manner enhancing the efficacy and safety of infertility treatment. This led to the development of the global assisted reproductive technology market. the U.K., Germany, Russia, Spain, and Italy are the most active nations for global assisted reproductive technology market In Europe. The Asia Pacific is expected to be the quickest developing area due to late family planning, increasing awareness, low fertility rate, and accessibility of advanced fertility services.
Global Assisted Reproductive Technology Market: Competitive Players
Major companies present in the global assisted reproductive technology market comprises European Sperm Bank, Parallabs, Cryolab Ltd., Origio, Microm UK Limited, Irvine Scientific, and Cosmos Biomedical Limited.
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