Triton
Market Research presents the Global Male Infertility Market report segmented
by Test Type (Oxidative Stress Analysis, Sperm Agglutination, Computer-Assisted
Semen Analysis, Sperm Penetration Assay, DNA Fragmentation Technique,
Microscopic Examination, Other Test Types), Treatment (Assisted Reproductive
Technology and Surgery, Medications), and Regional Outlook (North America,
Asia-Pacific, Europe, Middle East and Africa, Latin America).
The report further includes the
Market Summary, Industry Outlook, Parent Market Analysis, Impact Analysis,
Porter’s Five Forces Analysis, Market Maturity Analysis, Key Market Strategies,
Industry Components, Regulatory Framework, Key Market Strategies, Drivers,
Challenges, Opportunities, Analyst Perspective, Competitive Landscape, Research
Methodology & Scope, Global Market Size, Forecasts & Analysis
(2023-2030).
As per Triton’s estimates, the global male infertility market is set to advance with a CAGR of 4.81% during the forecast period 2023-2030.
Male
infertility is commonly attributed to problems with sperm production or delivery,
encompassing low sperm production, abnormal sperm function, and blockages that
impede sperm delivery. Various factors, such as illnesses, injuries, chronic
health conditions, lifestyle changes, and other elements, may also contribute
to male infertility.
Factors
such as increasing acceptance of minimally invasive surgeries, the growing
availability of infertility treatments, and government initiatives open new
avenues for the male infertility market. Various governments are backing male
infertility treatment by initiating programs to enhance reimbursement
conditions for infertility-related procedures. Approval of diagnostic devices
and determining reimbursement policies for assisted reproductive technology
(ART) procedures is carried out by the Centers for Medicare and Medicaid
Services (CMS).
While
ART therapy has proven beneficial in infertility treatment, its growth may be
restricted due to expensive procedures and the absence of coverage under most
health insurance plans. Notably, approximately 75% of IVF/ICSI cycles result in
failure, necessitating multiple treatment cycles and subsequently escalating
the overall treatment cost. Hence, expensive treatments hinder the market’s
expansion.
Asia-Pacific
is anticipated to emerge as the fastest-growing region over the forecasting
period. The region’s growth can be attributed to increasing disposable income,
growing awareness of male infertility, technological advancements, and
strategic initiatives. The region has also witnessed the establishment of various
fertility clinics, which also supplements the regional male infertility
market’s growth.
The
notable companies thriving in the male infertility market are Zydus
Lifesciences Limited, Halotech DNA, EMD Serono Inc, Sanofi SA, Endo
International Plc, Bayer AG, Vitrolife, Aytu BioPharma, CinnaGen Co, and
Laboratory Corporation of America Holdings.
The global male infertility market is highly
competitive and is expected to remain the same during the forecast period due
to the presence of numerous players. Key companies like Sanofi are dedicated to
developing innovative products for infertility treatment. Additionally, market
players employ strategies such as clinical trials for new male infertility
products to gain a competitive edge.
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