Human Reproductive Technologies Market, By Technology (Infertility Drugs and Contraceptive Drugs and Devices), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) -

Published In : Jul 2023

Code : CMI3921

Pages :200

Formats :

Excel and PDF

Industry : Medical Devices

Market Challenges And Opportunities

Global Human Reproductive Technologies Market– Drivers

Increasing prevalence of maternal mortality

Increasing prevalence of maternal mortality is expected to boost growth of the global human reproductive technologies market over the forecast period. For instance, On February 22 2023, according to the World Health Organization (WHO), every day in 2020, almost 800 women died from preventable causes related to pregnancy and childbirth, and about 287,000 women died during and following pregnancy and childbirth in 2020. Almost 95% of all maternal deaths occurred in low and lower middle-income countries, such as Sub-Saharan Africa and Southern Asia in 2020.

Increase prevalence of infertility

Increasing prevalence of Infertility is expected to drive the global human reproductive technologies market over the forecast period. For instance, on April 04, 2023, according to WHO, around 17.5% of the adult population– roughly 1 in 6 worldwide, experience infertility, showing the urgent need to increase access to affordable, and high-quality fertility care and lifetime prevalence was 17.8% in high-income countries, such as U.S. and 16.5% in low- and middle-income countries, such as Southern Asia.

Global Human Reproductive Technologies Market- Regional Analysis

Among regions, North America is estimated to hold a dominant position in the global human reproductive technologies market over the forecast period. North America is estimated to hold 42.5% of the market share. The North America human reproductive technologies market is expected to witness significant growth in the coming years, driven by factors, such as the increasing prevalence of maternal mortality and decreasing birth rate. Thus, the rise in human reproductive technologies market growth over the forecast period. For instance, on March 16, 2023, according to the Centers for Disease Control and Prevention (CDC), in 2021, 1,205 women died of maternal causes in the U.S. compared with 861 in 2020 and the maternal mortality rate for 2021 was 32.9 deaths per 100,000 live births, compared with a rate of 23.8 in 2020.