Assisted Reproductive Technology (ART) Market Size to Reach USD 50.71 Billion by 2027 : Merck KGaA, Cooper Surgical, Fujifilm Irvine Scientific

New York, NY -- (SBWIRE) -- 11/26/2020 -- According to a new report by Reports and Data, the global Assisted Reproductive Technology (ART) market is forecast to reach USD 50.71 Billion by 2027. Assisted reproductive technology (ART) is infertility treatment which involves laboratory fusion of ovule extracted from the women's ovaries with the male sperms. In the recent decades there has been a dramatic rise in the number of women who are choosing to conceive after the age of 35. This progression started with rise of feminism and women coming out of their solely domestic roles. Today, 15% of birth-giving people are 35 and older, up from 11% in 2002 and 8% in 1990. With prevalent trend of delayed pregnancies across different parts of the world and the use of ovulation test kits is anticipated to grow significantly, thus stimulating the assisted reproductive technology (ART) market.