Infertility Drugs Market Size (2024 - 2029)

Infertility Drugs Market Analysis

The Infertility Drugs Market size is estimated at USD 3.98 billion in 2024, and is expected to reach USD 5.36 billion by 2029, at a CAGR of 6.12% during the forecast period (2024-2029).

Factors such as the increasing global prevalence of stress and lifestyle-related disorders among men and women, the rise in healthcare awareness, and the increasingly aging female population are expected to boost market growth.

Infertility continues to pose a global health challenge owing to demographic shifts and continuous lifestyle problems, including obesity, anxiety, and stress, that cause delayed childbearing. For instance, according to the data published by Alcoholic Beverage Consumption Statistics published in February 2023, about 63% of adults in the United States aged 18 years or older drank alcohol in 2022. Furthermore, according to the data published by the Australian Institutes of Health and Welfare in February 2024, about 6.6 million people consumed alcohol at risky levels during 2022–2023, the same as the number of people in the previous year. Thus, high consumption of alcohol leads to an increase in infertility rates among individuals, which is expected to boost market growth over the forecast period.

As per the data published in Alcohol Consumption Statistics United Kingdom in February 2023, 12.5% of adults in the United Kingdom reported being teetotal, compared to the country's adult alcohol consumption rate of 71.2% who drank at least once a week. Thus, the high consumption of alcohol affects fertility in males and females. This, in turn, is anticipated to fuel the demand for infertility drugs over the forecast period.

The prevalence of poor fertility among the population is also the key factor driving market growth. For instance, according to an article published by the National Library of Medicine in July 2022, about 15% of American couples and at least 180 million other people worldwide were diagnosed with infertility. It is estimated that 9% of Australian men and 8% to 12% of Eastern European men experience infertility issues. Thus, the high prevalence of infertility among men population is expected to increase the demand for effective drugs, thereby propelling market growth.

Furthermore, governments and organizations are increasingly focusing on launching various campaigns to raise awareness regarding fertility care and treatment. For instance, in July 2022, Oasis Fertility launched the Infertility Knows No Gender campaign to commemorate World IVF Day. IVF offers a ray of hope to millions of couples struggling with infertility. In April 2022, Walgreens launched a fertility awareness campaign in support of National Infertility Awareness Week. Such initiatives are anticipated to raise the demand for IVF treatment, fueling market growth over the forecast period.

Therefore, the market studied is expected to grow over the forecast period due to the factors above, such as the high prevalence of poor fertility, increasing sedentary lifestyle, and a growing number of awareness campaigns. However, the stringent regulatory framework for drug approval is expected to impede the growth of the infertility drugs market over the forecast period.

Infertility Drugs Industry Segmentation

As per the scope of the report, infertility is the inability of a woman to become pregnant after one year (or longer) of unprotected sex. The fertility rate decreases with age 35 or above in both men and women. Medicines that regulate or stimulate ovulation are known as fertility drugs. Fertility drugs are the main treatment for infertile women due to ovulation disorders. Fertility drugs generally work with natural hormones, such as follicle-stimulating hormone (FSH) and luteinizing hormone (LH), to trigger ovulation.

The infertility drugs market is segmented by drug class, end user, distribution channel, and geography. By drug class, the market is segmented as gonadotrophins, aromatase inhibitors, selective estrogen receptor modulators (SERMs), biguanides, and other drug classes. By end user, the market is segmented as male and female. By distribution channel, the market is segmented as hospital pharmacies, retail pharmacies, and other distribution channels. By geography, the market is segmented as North America, Europe, Asia-Pacific, Middle East and Africa, and South America. The report also covers the estimated market sizes and trends for 17 countries across major regions globally. The report offers the value (USD) for the above segments.