Fertility Tourism Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 30.10 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Fertility Tourism Market Analysis
The fertility tourism market is expected to witness significant growth at a CAGR of 30.1% over the forecast period.
The COVID-19 pandemic had a significant impact on the medical tourism sector, including fertility tourism. Fertility tourism in popular destinations such as India, China, Malaysia, Brazil, Mexico, and other emerging countries was hampered during the initial phases of the pandemic due to restrictions in movement, and supply chain disruption, etc. Travel restrictions in the first two years of the pandemic, such as during 2020 and 2021, had an adverse impact on fertility tourism. For instance, as per a study published in the Reproductive Biomedicine & Society Online journal in March 2022, COVID-19 hampered healthcare services, and the widespread use of assisted reproductive technology came to an end as clinics closed in Europe and during the pandemic phase, thousands of people's fertility treatments were disrupted, especially in the United Kingdom. Thus, these delays in treatments and travel restrictions during the pandemic had an adverse impact on the market studied.
However, currently, as COVID-19 infections and risks have been controlled, and everything has been back to the pre-pandemic level, fertility treatments have been normalized. Additionally, during the analysis period, it is anticipated that the target nations for fertility treatments and tourism will experience a significant increase in the number of tourists seeking treatment and drive the overall market growth.
The studied market growth is largely attributed to the factors such as the increasing rate of infertility among the target population, improved accessibility and proximity to fertility services, and high cost of treatment in developed and emerging countries and are expected to drive the studied market growth during the analysis period.
The increasing rate of stress among the target population is driving the burden of various conditions such as obesity, risk of drug abuse, and increasing alcohol use which further leads to infertility among the end users. in this context, the CDC published a report in April 2021, and it stated that globally, the annual infertility rate among couples trying to conceive is 35%, where a male factor is identified as a cause of infertility along with a female factor. Likewise in about 8% of couples with infertility, a malefactor is the only identifiable cause, as per the source above. Additionally, as per data updated by CCRM Infertility Center in July 2022, infertility is a global health issue and approximately 60 to 80 million globally. Hence, the burden of infertility is driving the demand for fertility treatments worldwide. As the cost of treatments is high in most developed countries, people prefer to travel to destinations that offer better services at affordable costs. Therefore, it is expected to drive market growth in the forecast period.
However, disparities in access to effective treatment for infertility in developing countries are one of the major factors that are predicted to hamper the market's growth.
Fertility Tourism Market Trends
Above 35 Years Segment is Expected to Witness Significant Growth
The age group 35 years or above is more susceptible to infertility and is anticipated to drive the demand for fertility treatments. Most of the population of the age group across the countries are most affected, and due to the high cost of treatment in the developed countries and the lack of treatment options in lower-income countries, they travel to other countries for affordable treatment. This is expected to increase the availability of services for this age group and fuel the growth of the segment.
The data updated by the CDC in April 2023, fertility in women decline steadily with age, and women aged 35 years tend to get treatment for infertility. In addition, various studies and reports have suggested that women of age 35 or more show a decline in the chance of conception and pregnancy and have 54% or 56% chances of getting pregnant.
In addition, according to WHO, infertility has become common due to various factors such as an increase in alcohol consumption, smoking, an increased number of obese people, and increasing stress causing hormonal imbalance. Alcohol is frequently used by women to cope with psychological distress, and people who have an alcohol use problem are more likely to also have depression. According to research published in the International Journal of Mental Health in October 2022, depression was the predictive variable of problematic alcohol intake among women aged 35 years or more, and alcohol abuse was the predominant pattern with clinical depression among women in this age group during the study period. Hence, the burden of infertility among women above 35 years of age is expected to contribute to the segment growth during the forecast period.
Asia-Pacific is Expected to be the Fastest Growing Region Over the Forecast Period
The fertility supplement market in the Asia-Pacific is seeing growth and is expected to grow in the forecast period owing to the availability of numerous fertility clinics and the increasing number of tourists to the countries for fertility treatments.
The number of tourists coming to countries such as India, China, Japan, and Thailand, among other countries, for fertility treatment is a major factor that is accelerating the growth of the fertility tourism market in the Asia-pacific region. For instance, as per data updated by Nova IVF Center, Bangalore, India, in January 2023, nearly 49% of the international patients visited Nova IVF for fertility treatment, and they were from other parts of Asia, and 25% were from the African continent. Additionally, as per the source above, in 2022, there was a 46% increase in the number of patients for IVF treatment from Africa, and it increased from 2021.
Additionally, as per a press release by Bangkok Central Clinic in April 2023, Thailand has become one of the most preferred destinations for fertility tourism due to the available state-of-the-art medical facilities coupled with the affordable cost of treatment. Such instances indicate the growing demand for fertility tourism in countries across the region and are anticipated to create demand for fertility tourism in countries across the Asia-pacific region, driving the overall market growth.
Furthermore, the launch of fertility clinics in popular medical tourist destinations to meet the demand for fertility treatments is further expected to drive market growth. For instance, in December 2022, the government of Karnataka reported its plans to launch in vitro fertilization (IVF) clinics in government hospitals to tackle the cost of the procedures in private clinics. In addition, in October 2022, the government of Australia launched the first public IVF clinic, and Victoria has become the first state to offer publicly funded IVF treatments at a new clinic for up to 4,000 Victorians annually. Thus, the demand for fertility tourism has increased as a result of the availability of several clinics and the treatments they offer in most medical tourism destinations, driving the overall market growth.
Fertility Tourism Industry Overview
The fertility tourism market is competitive and fragmented in nature, with the presence of various well-known service providers globally. Major market players are competing against each other by expanding their range of services. There are many service providers that are currently active in the market without any dominant market player. Some of the service providers are Barcelona IVF, San Diego Fertility Center, Manchester Fertility Services Ltd, Nova IVF, and City Fertility, among others.
Fertility Tourism Market Leaders
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Nova IVF
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Apollo Fertility
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San Diego Fertility Center
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Manchester Fertility Services Ltd
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Eva Fertility Clinics
*Disclaimer: Major Players sorted in no particular order
Fertility Tourism Market News
- October 2022: Ferring Pharmaceuticals launched the FertilityWise, a digital, on-demand series of e-learning modules developed specifically for fertility nurses and advanced practice providers. FertilityWise offers free access to this knowledge for new and seasoned staff members through an extensive online library that includes reproductive endocrinology, cryopreservation, and embryo development modules. Due to the availability of such smart e-learning facilities in countries such as Switzerland, nurses' and staff's knowledge of fertility treatment is growing and attracting tourists for treatment in these countries.
- March 2022: Birla Fertility and IVF Center launched its state-of-the-art IVF centre in Dwarka, India. Birla Fertility and IVF offer the full range of fertility diagnosing, assessment, and treatment to both men and women.
Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Rate of Infertility Among Target Population
4.2.2 Improved Accessibility and Proximity to Fertility Services
4.2.3 High Cost of Treatment in Developed Countries
4.3 Market Restraints
4.3.1 Disparities in Access to Effective Treatment for Infertility in Developing Countries
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - USD million)
5.1 By Age Group
5.1.1 Below 28 Years
5.1.2 28-34 Years
5.1.3 Above 35 Years
5.2 By End Users
5.2.1 Female
5.2.2 Male
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 United Kingdom
5.3.2.3 France
5.3.2.4 Italy
5.3.2.5 Spain
5.3.2.6 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Australia
5.3.3.5 South Korea
5.3.3.6 Rest of Asia-Pacific
5.3.4 Middle East and Africa
5.3.4.1 GCC
5.3.4.2 South Africa
5.3.4.3 Rest of Middle East and Africa
5.3.5 South America
5.3.5.1 Brazil
5.3.5.2 Argentina
5.3.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Barcelona IVF
6.1.1.1 https://barcelonaivf.com/en/treatments
6.1.2 San Diego Fertility Center
6.1.2.1 https://www.sdfertility.com/#
6.1.3 Manchester Fertility Services Ltd
6.1.3.1 https://www.manchesterfertility.com/treatments/fertility-treatments/
6.1.4 Nova IVF
6.1.4.1 https://www.novaivffertility.com/infertility-treatments/icsi-intra-cytoplasmic-sperm-injection
6.1.5 City Fertility
6.1.5.1 https://www.cityfertility.com.au/fertility-services/
6.1.6 Eva Fertility Clinics
6.1.6.1 https://evaivf.in/our-services/
6.1.7 Bumrungrad International Hospital
6.1.7.1 https://www.bumrungrad.com/en/conditions/infertility-male
6.1.8 assisted Reproduction and Gynaecology Centre (ARGC)
6.1.8.1 https://argc.co.uk/treatment-and-care-overview/
6.1.9 Apollo Fertility
6.1.9.1 https://www.apollofertility.com/
6.1.10 Genesis IVF
6.1.10.1 https://genesisivf.net/iui-treatment/
6.1.11 Alpha IVF & Womens Specialists
6.1.11.1 https://www.alphafertilitycentre.com/ivf-treatment-options/assisted-reproductive/in-vitro-fertilisation-ivf
6.1.12 Sakra World Hospital (Sakra Fertility Centre)
6.1.12.1 https://www.sakraworldhospital.com/ivf-centre
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Fertility Tourism Industry Segmentation
As per the scope of the report, fertility tourism, also referred to as a form of medical tourism, is the term for travelling overseas for reproductive therapy. The Fertility Tourism Market is segmented by Age Group (18 to 34 years and 35 years or above), End Users (Female and Male), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions globally. The report offers the value (in USD million) for the above segments.
| By Age Group | |
| Below 28 Years | |
| 28-34 Years | |
| Above 35 Years |
| By End Users | |
| Female | |
| Male |
| Geography | ||||||||
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Frequently Asked Questions
What is the current Fertility Tourism Market size?
The Fertility Tourism Market is projected to register a CAGR of 30.10% during the forecast period (2024-2029)
Who are the key players in Fertility Tourism Market?
Nova IVF, Apollo Fertility, San Diego Fertility Center, Manchester Fertility Services Ltd and Eva Fertility Clinics are the major companies operating in the Fertility Tourism Market.
Which is the fastest growing region in Fertility Tourism Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Fertility Tourism Market?
In 2024, the Europe accounts for the largest market share in Fertility Tourism Market.
What years does this Fertility Tourism Market cover?
The report covers the Fertility Tourism Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Fertility Tourism Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Fertility Tourism Industry Report
Statistics for the 2024 Fertility Tourism market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. Fertility Tourism analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Fertility Tourism Market Report Snapshots
