LONDON--(BUSINESS WIRE)--Technavio’s latest report on the global male infertility market provides an analysis on the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.
The research study by Technavio on the global male infertility market for 2017-2021 provides detailed industry analysis based on underlying cause (pre-testicular, hypogonadism, testicular, and cryptorchidism), technique (DNA fragmentation technique, oxidative stress analysis, microscopic examination, and sperm penetration assay), end-user (fertility clinics; hospitals and research institutes), and geography (the Americas, EMEA, and APAC).
|Male infertility is a widespread disorder, which refers to a male's inability to impregnate his fertile female partner. Technavio analysts forecast the global male infertility market to grow to USD 325.13 million by 2021, at a CAGR of almost 6% over the forecast period.|
Looking for more research from this report? Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
The top three emerging trends driving the global male infertility market according to Technavio research analysts are:
- Monetary growth among consumers
- Growth in older adult population
- Rising medical tourism initiatives globally
Monetary growth among consumers
“The rise in disposable income due to the increasing number of double-income households has resulted in enhanced accessibility and affordability of infertility analysis,” says Amber Chourasia, a lead analyst at Technavio for health and wellness research.
The disposable income is increasing at a fast rate in developing countries such as India, China, Brazil, Malaysia, Indonesia, and Vietnam. This rise in income, coupled with rising awareness is encouraging more men affected by infertility to undergo fertility testing and treatments.
Growth in older adult population
Globally, the number of individuals aged above 50 years is higher than ever before, which directly impacts the chances of successful conceptions. Male fertility is found to decline in proportion to their age, with a decline in both the sperm count and motility. Also, retrograde ejaculation is also common among older men. Therefore, to provide more chances for men falling in this demographic to successfully fertilize eggs, vendors are providing infertility treatments in target countries such as the US and China.
Rising medical tourism initiatives globally
“Medical tourism initiatives have played a major role in the growth of healthcare sector globally. Several fertility clinics offer testing and treatment of male infertility. Also, the increasing initiatives by governments is expected to bring in a high influx of medical tourists seeking different treatments for male fertility,” says Amber.
Several factors such as availability, legal issues, success rates, experience, and expertise of the clinic are the parameters based on which potential candidates take any decision for infertility testing and treatment. Also, surrogacy related medical tourism initiatives are on the rise, with more individuals open to using donor sperm or eggs, or accept the aid of a surrogate mother.
Browse Related Reports:
- Infertility Services Market in US 2017-2021
- Global IVF Devices Market 2017-2021
- Global Fertility Services Market 2016-2020
Become a Technavio Insights member and access all three of these reports for a fraction of their original cost. As a Technavio Insights member, you will have immediate access to new reports as they’re published in addition to all 6,000+ existing reports covering segments like home, kitchen, and large appliances, lab equipment, and outdoor gear. This subscription nets you thousands in savings, while staying connected to Technavio’s constant transforming research library, helping you make informed business decisions more efficiently.
Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, resellers, and end-users.
If you are interested in more information, please contact our media team at email@example.com.