Market Overview:
The global fertility tourism market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing infertility rates, rising awareness about assisted reproductive technologies (ARTs), and growing demand for sex selection services. In terms of type, the in-vitro fertilization (IVF) segment is expected to account for a major share of the global fertility tourism market during the forecast period. This can be attributed to advancements in ART procedures and their increasing adoption among couples who are unable to conceive naturally. The artificial insemination (AI) segment is also projected to witness significant growth during the forecast period, owing to its low cost and high success rates as compared with other ART procedures.
Product Definition:
Fertility tourism is the process of traveling to a foreign country for fertility treatments. The purpose of fertility tourism is to receive treatments that are not available in one's home country or to receive treatments at a lower cost.
In-vitro Fertilization:
In-vitro fertilization or IVF is a process to retrieve and fertilize an egg with the man's sperm outside the woman's body. The resulting embryo is then transferred into the uterus for regular development. In many countries, it is considered as a last option for pregnancy management due to various disadvantages such as high cost, low success rate and lesser convenience compared to natural fertility treatments.
Artificial Insemination:
Artificial Insemination (AI) is a process to obtain semen from the male partner for artificial insemination procedure. It is also known as fertility tourism. The main purpose of this procedure is to ensure the infertility of one or both partners and, if possible, to achieve pregnancy. Fertility tourism involves travel by a couple from their home country to another country for artificial insemination procedure with the help of an expert who lives in that particular country.
Application Insights:
The others segment dominated the global fertility tourism market in 2017, accounting for over 40% of the overall revenue. This segment includes egg freezing and embryo cryopreservation. Egg freezing is considered to be a better alternative for women who cannot become pregnant or are not willing to have children right away. The procedure helps them preserve their eggs until they are ready to start a family. Embryo cryopreservation is also an effective solution for same-sex couples or single women who do not wish to adopt embryos created through artificial insemination procedures performed by male infertility doctors.
In vitro fertilization (IVF) treatments involve multiple visits by medical professionals.
Regional Analysis:
Europe dominated the global market in 2017 owing to factors such as high disposable income, rising awareness about IVF treatment and availability of fertility clinics. Asia Pacific is expected to be the fastest-growing regional market over the forecast period due to increasing infertility rates in countries like India and China. Moreover, government initiatives for sex determination are also driving demand for these procedures in this region. For instance, according to a recent study published by National Institute of Health (NIH), from 2000 till 2014 there was a rise of 123% cases of sex determination through ultrasound scans in Andhra Pradesh state of India.
The growing geriatric population coupled with an increase in lifestyle stress is anticipated to drive demand for fertility treatments across North America during the forecast period. The U.S., which has one of the highest number offertilets per capita among developed nations worldwide; witnessed around 1 million ART procedures performed between 2007 & 2011 Accordingto CDC’s National Center for Health Statistics (NCHS).
Growth Factors:
- Increasing acceptance of fertility treatments by society: There has been a gradual increase in the number of people who are open to fertility treatments, which is driving the growth of the fertility tourism market. This is because people are becoming more aware of the various treatment options available to them and are realizing that there is no shame in seeking help to conceive.
- Rise in infertility rates: The rise in infertility rates is another key driver for the growth of the fertility tourism market. This is because an increasing number of couples are finding it difficult to conceive naturally and are turning to assisted reproductive technologies (ART) for help.
- Availability of advanced medical facilities and technology: The availability of advanced medical facilities and technology across countries has helped drive the growth of the fertility tourism market. This is because it enables couples from all over the world to access quality treatment at affordable prices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Fertility Tourism Market Research Report
By Type
In-vitro Fertilization, Artificial Insemination, Others
By Application
Infertility, Sex Selection, Others
By Companies
Renew FertilityCare, Global Egg Donors, Medical Tourism Corporation, Med Journeys, Visit and Care, Smart Choice Medical Travel
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Fertility Tourism Market Report Segments:
The global Fertility Tourism market is segmented on the basis of:
Types
In-vitro Fertilization, Artificial Insemination, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Infertility, Sex Selection, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Renew FertilityCare
- Global Egg Donors
- Medical Tourism Corporation
- Med Journeys
- Visit and Care
- Smart Choice Medical Travel
Highlights of The Fertility Tourism Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- In-vitro Fertilization
- Artificial Insemination
- Others
- By Application:
- Infertility
- Sex Selection
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fertility Tourism Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fertility tourism is when a person travels to a country in order to have fertility treatments.
Some of the major players in the fertility tourism market are Renew FertilityCare, Global Egg Donors, Medical Tourism Corporation, Med Journeys, Visit and Care, Smart Choice Medical Travel.
The fertility tourism market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fertility Tourism Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fertility Tourism Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fertility Tourism Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fertility Tourism Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fertility Tourism Market Size & Forecast, 2018-2028
4.5.1 Fertility Tourism Market Size and Y-o-Y Growth
4.5.2 Fertility Tourism Market Absolute $ Opportunity
Chapter 5 Global Fertility Tourism Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Fertility Tourism Market Size Forecast by Type
5.2.1 In-vitro Fertilization
5.2.2 Artificial Insemination
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Fertility Tourism Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Fertility Tourism Market Size Forecast by Applications
6.2.1 Infertility
6.2.2 Sex Selection
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fertility Tourism Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fertility Tourism Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Fertility Tourism Analysis and Forecast
9.1 Introduction
9.2 North America Fertility Tourism Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Fertility Tourism Market Size Forecast by Type
9.6.1 In-vitro Fertilization
9.6.2 Artificial Insemination
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Fertility Tourism Market Size Forecast by Applications
9.10.1 Infertility
9.10.2 Sex Selection
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Fertility Tourism Analysis and Forecast
10.1 Introduction
10.2 Europe Fertility Tourism Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Fertility Tourism Market Size Forecast by Type
10.6.1 In-vitro Fertilization
10.6.2 Artificial Insemination
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Fertility Tourism Market Size Forecast by Applications
10.10.1 Infertility
10.10.2 Sex Selection
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Fertility Tourism Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Fertility Tourism Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Fertility Tourism Market Size Forecast by Type
11.6.1 In-vitro Fertilization
11.6.2 Artificial Insemination
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Fertility Tourism Market Size Forecast by Applications
11.10.1 Infertility
11.10.2 Sex Selection
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Fertility Tourism Analysis and Forecast
12.1 Introduction
12.2 Latin America Fertility Tourism Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Fertility Tourism Market Size Forecast by Type
12.6.1 In-vitro Fertilization
12.6.2 Artificial Insemination
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Fertility Tourism Market Size Forecast by Applications
12.10.1 Infertility
12.10.2 Sex Selection
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Fertility Tourism Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Fertility Tourism Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Fertility Tourism Market Size Forecast by Type
13.6.1 In-vitro Fertilization
13.6.2 Artificial Insemination
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Fertility Tourism Market Size Forecast by Applications
13.10.1 Infertility
13.10.2 Sex Selection
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fertility Tourism Market: Competitive Dashboard
14.2 Global Fertility Tourism Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Renew FertilityCare
14.3.2 Global Egg Donors
14.3.3 Medical Tourism Corporation
14.3.4 Med Journeys
14.3.5 Visit and Care
14.3.6 Smart Choice Medical Travel
