Infertility Drugs Market Size and Share

Infertility Drugs Market (2025-2030)
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Infertility Drugs Market Analysis by Mordor Intelligence

The infertility drugs market size reached USD 4.22 billion in 2025 and is forecast to climb to USD 5.68 billion by 2030, reflecting a 6.12% CAGR. Consistently rising infertility prevalence, wider insurance mandates and rapid progress in assisted reproductive technologies (ART) are the core engines of growth for the infertility drugs market. Demographic shifts toward delayed parenthood have transformed fertility care into an essential health service rather than an elective choice. Reimbursement reforms in North America and Europe are expanding covered lives, while biosimilar introductions are tempering price escalation and stimulating prescribing activity. At the same time, online and specialty pharmacies are reshaping last-mile delivery as telehealth platforms make fertility medications more accessible.

Key Report Takeaways

  • By drug class, gonadotropins led with 44.23% infertility drugs market share in 2024; aromatase inhibitors are projected to expand at an 8.54% CAGR through 2030.
  • By patient gender, female treatments accounted for 71.45% of the infertility drugs market size in 2024, while male therapies are advancing at an 8.96% CAGR to 2030.
  • By route of administration, oral products captured 35.76% of the infertility drugs market size in 2024; injectable formulations are expected to grow fastest at a 9.01% CAGR over 2025-2030.
  • By distribution channel, retail pharmacies held 52.34% revenue share in 2024; online and specialty pharmacies are forecast to progress at a 9.65% CAGR through 2030.
  • By geography, North America commanded 35.67% of the infertility drugs market size in 2024, whereas Asia-Pacific is the fastest-growing region with a 7.45% CAGR to 2030.

Segment Analysis

By Drug Class: Gonadotropins Hold Leadership Amid Aromatase Inhibitor Momentum

Gonadotropins retained 44.23% infertility drugs market share in 2024, supported by entrenched IVF protocols and physician familiarity. Organon’s Follistim AQ recorded USD 63 million in Q3 2024, a 16% rise year-over-year, illustrating robust baseline demand. Nevertheless, aromatase inhibitors are gaining traction; letrozole’s superior ovulation and live-birth rates have spurred an 8.54% CAGR forecast through 2030. Evidence from randomized trials showing a 13% higher ovulation rate versus clomiphene is accelerating guideline revisions.

Second-tier classes remain relevant. Selective estrogen receptor modulators continue to anchor first-line treatment in resource-constrained settings. Biguanides, particularly metformin, are prescribed adjunctively to improve metabolic parameters in PCOS, though they represent a small revenue slice. Dopamine agonists like cabergoline prevent ovarian hyperstimulation syndrome; comparative trials indicate equivalent efficacy to hydroxychloroquine with better tolerability. As dosing research evolves—sequential 2.5 mg letrozole/FSH protocols have achieved 72.7% cumulative pregnancy versus 59.1% for 5 mg regimens—the infertility drugs market is expected to tilt further toward targeted, lower-dose options.

Infertility Drugs Market
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By Patient Gender: Female Therapies Dominate While Male Care Accelerates

Female indications generated 71.45% of 2024 revenue owing to established clinical pathways and broader drug labels. Demand remains solid for ovulation-induction agents as delayed motherhood becomes common in developed economies. The male segment, however, is catching up with an 8.96% CAGR to 2030, driven by increased screening and destigmatization. Ferring Pharmaceuticals teamed with Posterity Health to roll out a Male Fertility Program, acknowledging that male factors contribute to half of infertility cases.

Therapeutic advances bolster this growth. Weekly low-dose letrozole restored fertility in 12 obese men with hypogonadotropic hypogonadism in a Canadian cohort pilot. Oxidative stress management is another frontier, as antioxidants target the 20-30% of male infertility linked to reactive oxygen species. Bioactive compounds such as resveratrol and curcumin are being explored for patients facing cancer-therapy infertility, especially prepubertal males unable to bank sperm. Simultaneous couple evaluation protocols are shifting prescribing patterns to encompass both partners, expanding the addressable pool for the infertility drugs market.

By Route of Administration: Oral Convenience Meets Injectable Efficacy

Oral formulations controlled 35.76% of global revenue in 2024 and remain popular for first-line PCOS management and adjunctive therapy. Yet injectables post a 9.01% CAGR outlook because ART cycles still rely heavily on subcutaneous or intramuscular gonadotropins. The recent Phase 3 trial of single-injection rhFSH-CTP confirmed comparable clinical pregnancy rates to daily injections with improved adherence, supporting broader rollout.

Product innovation focuses on patient comfort and outcomes. Organon’s once-weekly SJ02 targets convenience without efficacy trade-offs. Oral pipeline molecules such as OXO-001, a non-hormonal endometrial modulator, achieved a 75.9% biochemical pregnancy rate in Phase 2 testing. Transdermal patches and intranasal sprays are at pre-clinical stages but promise needle-free delivery over the long term.

Infertility Drugs Market
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By Distribution Channel: Digital Platforms Challenge Brick-and-Mortar Dominance

Retail pharmacies captured 52.34% of 2024 sales through prescription capture and face-to-face counseling. However, specialty and online pharmacies are forecast to grow 9.65% annually as telehealth adoption rises. The infertility drugs market benefits from virtual consults that compress patient journeys and integrate drug dispensing. Specialty pharmacies differentiate via injection-training services, adherence monitoring and insurance navigation, driving high repeat purchase rates.

Cold-chain logistics capability is a decisive factor because many biologics require 2–8 °C storage. Online distributors investing in validated cold-chain packaging now match hospital pharmacies in product integrity. Younger demographics value discretion and doorstep delivery, making e-commerce the preferred channel for repeat cycles. In regions such as the Middle East & Africa, where retail still commands 68.5% of pharmaceutical value, omnichannel models are emerging to blend in-store pick-up with digital ordering.

Geography Analysis

North America held 35.67% of global revenue in 2024, anchored by insurance mandates and well-resourced IVF centers. California’s upcoming coverage law is expected to add more than 2 million insured lives to the fertility cohort, reinforcing demand momentum. Corporate benefit packages, typified by Cigna–Progyny bundles, are reshaping employer offerings for millennial and Gen-Z workforces.

The Asia-Pacific region is the fastest-growing geography at a 7.45% CAGR through 2030. Declining birth rates in China, Japan and South Korea spur government support for ART, while nations such as Thailand and Malaysia compete for medical tourists. Single-injection rhFSH-CTP trials in Chinese women show clinical parity to western protocols, demonstrating home-grown research strength. Price differentials—USD 10,200 per IVF cycle in Singapore versus USD 2,700 in India—are channeling cross-border patient flows, expanding the infertility drugs market across ASEAN.

Europe presents a mature but still expanding landscape. All EU states now fund at least one IVF cycle, yet only five provide up to six fully reimbursed cycles, driving patients into private clinics to avoid long wait times. Middle East & Africa’s pharmaceutical spend rose to USD 32.6 billion in 2024, but infertility care remains nascent. Demographic infertility in MENA reaches 22.6%, signaling strong future upside if regulatory and financing frameworks improve iqvia.com. South America is at an earlier stage but is seeing rising ART uptake as Brazil, Argentina and Chile expand public financing.

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Competitive Landscape

The infertility drugs market is moderately fragmented. Merck KGaA generated EUR 1.5 billion (USD 1.6 billion) from fertility products in 2024, posting 0.8% organic growth despite tough comps. Organon’s women’s health division recorded USD 440 million in 2024, helped by Follistim AQ’s 16% revenue increase. Ferring Pharmaceuticals continues to anchor the injectables space and recently published data on equitable access and gonadotropin selection.

Strategy centers on partnerships and licensing to broaden pipelines quickly. Organon’s deal for SJ02 offers geographic reach in China, while emerging firms like Gameto are advancing induced-pluripotent-cell technology to reduce hormone exposures by 80%. Artificial intelligence in IVF labs is raising success rates and serving as a competitive differentiator. Venture capital appetite is healthy; ReproNovo closed a USD 65 million Series A for leflutrozole (RPN-001) targeting male infertility and nolasiban (RPN-002) for adenomyosis.

Pipeline differentiation is sharpening. Long-acting injectables, oral non-hormonal agents and male-specific therapies are high-priority areas. Biosimilar competition is expected to intensify in Europe first, pressuring price points but widening patient access.

Infertility Drugs Industry Leaders

  1. Ferring Pharmaceuticals Inc

  2. Pfizer Inc.

  3. Merck KGaA

  4. Bayer AG

  5. Novartis AG

  6. *Disclaimer: Major Players sorted in no particular order
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Recent Industry Developments

  • May 2025: ReproNovo raised USD 65 million Series A financing to advance RPN-001 for male infertility and RPN-002 for adenomyosis.
  • May 2025: Granata Bio secured investment from Gedeon Richter to scale R&D in fertility therapeutics.
  • February 2025: Organon licensed long-acting FSH candidate SJ02 from Bao Pharmaceutical and Centergene Pharmaceuticals.
  • January 2025: Gameto received FDA clearance for Phase 3 trial of Fertilo, an iPSC-based egg-maturation therapy.
  • January 2025: Cigna Healthcare partnered with Progyny to launch end-to-end fertility benefits for employers.

Table of Contents for Infertility Drugs Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope Of The Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising Infertility Prevalence Worldwide
    • 4.2.2 Growing Adoption of Assisted Reproductive Technologies
    • 4.2.3 Increasing Government and Private Reimbursement Support
    • 4.2.4 Advancements in Biosimilar and Novel Hormonal Formulations
    • 4.2.5 Expanding Access to Fertility Services in Emerging Markets
  • 4.3 Market Restraints
    • 4.3.1 High Treatment Costs and Limited Insurance Coverage
    • 4.3.2 Stringent and Divergent Regulatory Approval Pathways
    • 4.3.3 Social, Ethical, and Cultural Barriers to Treatment Acceptance
    • 4.3.4 Drug Safety Concerns Including Ovarian Hyperstimulation Risk
  • 4.4 Value / Supply-Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter's Five Forces
    • 4.7.1 Bargaining Power Of Suppliers
    • 4.7.2 Bargaining Power Of Buyers
    • 4.7.3 Threat Of New Entrants
    • 4.7.4 Threat Of Substitute Products
    • 4.7.5 Intensity Of Competitive Rivalry

5. Market Size & Growth Forecasts (Value, USD)

  • 5.1 By Drug Class
    • 5.1.1 Gonadotropins
    • 5.1.2 Selective Estrogen Receptor Modulators (SERMs)
    • 5.1.3 Aromatase Inhibitors
    • 5.1.4 Biguanides (Metformin)
    • 5.1.5 Dopamine Agonists
    • 5.1.6 Other Drug Classes
  • 5.2 By Patient Gender
    • 5.2.1 Female
    • 5.2.2 Male
  • 5.3 By Route Of Administration
    • 5.3.1 Oral
    • 5.3.2 Injectable (SC / IM)
    • 5.3.3 Transdermal / Intranasal
  • 5.4 By Distribution Channel
    • 5.4.1 Hospital Pharmacies
    • 5.4.2 Retail Pharmacies
    • 5.4.3 Online & Specialty Pharmacies
  • 5.5 Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 Europe
    • 5.5.2.1 Germany
    • 5.5.2.2 United Kingdom
    • 5.5.2.3 France
    • 5.5.2.4 Italy
    • 5.5.2.5 Spain
    • 5.5.2.6 Rest of Europe
    • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 Japan
    • 5.5.3.3 India
    • 5.5.3.4 Australia
    • 5.5.3.5 South Korea
    • 5.5.3.6 Rest of Asia-Pacific
    • 5.5.4 Middle East & Africa
    • 5.5.4.1 GCC
    • 5.5.4.2 South Africa
    • 5.5.4.3 Rest of Middle East & Africa
    • 5.5.5 South America
    • 5.5.5.1 Brazil
    • 5.5.5.2 Argentina
    • 5.5.5.3 Rest of South America

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles (includes Global level Overview, Market level overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and analysis of Recent Developments)
    • 6.3.1 Merck KGaA
    • 6.3.2 Ferring Pharmaceuticals Inc
    • 6.3.3 Pfizer, Inc.
    • 6.3.4 Bayer AG
    • 6.3.5 Novartis AG
    • 6.3.6 Teva Pharmaceuticals Industries
    • 6.3.7 Theramex
    • 6.3.8 Mankind Pharma
    • 6.3.9 Livzon Pharmaceutical
    • 6.3.10 Organon & Co.
    • 6.3.11 ASKA Pharmaceutical
    • 6.3.12 Zydus Lifesciences
    • 6.3.13 Gedeon Richter PLC
    • 6.3.14 Ipsen Pharma
    • 6.3.15 Sun Pharma
    • 6.3.16 Cipla Ltd.
    • 6.3.17 Myovant Sciences

7. Market Opportunities & Future Outlook

  • 7.1 White-Space & Unmet-Need Assessment
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Research Methodology Framework and Report Scope

Market Definitions and Key Coverage

Our study defines the infertility drugs market as prescription hormonal and adjunct medications, such as gonadotropins, selective estrogen-receptor modulators, aromatase inhibitors, biguanides, and dopamine agonists, that physicians use to induce or regulate ovulation or to stimulate spermatogenesis in medically diagnosed infertility cases.

Scope exclusion: Over-the-counter fertility supplements, IVF procedure fees, and ART equipment revenues remain outside this value pool.

Segmentation Overview

  • By Drug Class
    • Gonadotropins
    • Selective Estrogen Receptor Modulators (SERMs)
    • Aromatase Inhibitors
    • Biguanides (Metformin)
    • Dopamine Agonists
    • Other Drug Classes
  • By Patient Gender
    • Female
    • Male
  • By Route Of Administration
    • Oral
    • Injectable (SC / IM)
    • Transdermal / Intranasal
  • By Distribution Channel
    • Hospital Pharmacies
    • Retail Pharmacies
    • Online & Specialty Pharmacies
  • Geography
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • United Kingdom
      • France
      • Italy
      • Spain
      • Rest of Europe
    • Asia-Pacific
      • China
      • Japan
      • India
      • Australia
      • South Korea
      • Rest of Asia-Pacific
    • Middle East & Africa
      • GCC
      • South Africa
      • Rest of Middle East & Africa
    • South America
      • Brazil
      • Argentina
      • Rest of South America

Detailed Research Methodology and Data Validation

Primary Research

Mordor analysts interviewed reproductive endocrinologists, hospital pharmacists, payor medical officers, and regional drug-registry staff across North America, Europe, India, and Brazil. These discussions validated therapy mix shifts, reimbursement ceilings, and pipeline launch probabilities that secondary data alone could not capture.

Desk Research

We began with public health benchmarks from bodies such as the World Health Organization, the U.S. Centers for Disease Control and Prevention, Eurostat, and OECD Health Statistics, which quantify infertility prevalence and treatment cycles. Trade-class data from UN Comtrade and customs dashboards helped us approximate cross-border hormone shipments, while drug-approval dossiers on FDA and EMA portals clarified label indications and generic entry timing. For company-level inputs, D&B Hoovers financials and Dow Jones Factiva newsfeeds supplied revenue splits and launch timelines. Patent intensity around recombinant FSH was gauged via Questel. These sources, among several others, created the documentary spine of our desk research; the list is illustrative, not exhaustive.

A second pass extracted average selling prices from hospital procurement portals and national reimbursement lists, then synced them with volume proxies such as IVF-cycle counts from ESHRE and ART clinic registries in Asia-Pacific. This layering ensured geographic consistency before we advanced to primary verification.

Market-Sizing & Forecasting

We apply a top-down prevalence-to-treated-cohort build that starts with infertility incidence, narrows to pharmacologically treated cases, and multiplies by weighted therapy days and net ASPs. Supplier roll-ups and sampled clinic channel checks provide a bottom-up sense check, allowing us to reconcile gaps and refine region-specific uptake factors. Key variables in the model include female infertility prevalence, ART cycle growth, branded-to-biosimilar price erosion, regulatory reimbursement caps, average treatment length, and pipeline entry timing. Forecasts use multivariate regression supplemented by ARIMA smoothing to project each driver, after which scenario analysis tests high-age-first-birth and reimbursement-expiry shocks.

Data Validation & Update Cycle

Outputs pass three-layer variance checks, peer review, and anomaly alerts before sign-off. Reports refresh every twelve months, with interim updates triggered by major drug approvals or reimbursement shifts. An analyst re-validates the model immediately prior to client delivery.

Why Mordor's Infertility Drugs Baseline Is Dependable

Published estimates often diverge because firms pick different drug baskets, unit metrics, and refresh cadences.

We anchor our baseline on treated-patient volumes and validated ASPs, which are then pressure tested with primary insights.

Benchmark comparison

Market Size Anonymized source Primary gap driver
USD 4.22 B (2025) Mordor Intelligence -
USD 4.0 B (2024) Global Consultancy A Includes OTC supplements; applies static ASPs
USD 3.4 B (2022) Industry Data Firm B Older base year; omits biosimilar erosion
USD 3.94 B (2024) Research Publisher C Uses clinic revenues blended with drug sales

Differences arise mainly from scope creep, untimely baselines, or price-mix assumptions. By centering on regulated prescription drugs, refreshing annually, and triangulating every assumption with clinical and trade voices, Mordor delivers a transparent, reproducible starting point for strategic decisions.

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Key Questions Answered in the Report

How big is the Infertility Drugs Market?

The Infertility Drugs Market size is expected to reach USD 4.22 billion in 2025 and grow at a CAGR of 6.12% to reach USD 5.68 billion by 2030.

Who are the key players in Infertility Drugs Market?

Ferring Pharmaceuticals Inc, Pfizer Inc., Merck KGaA, Novartis International AG and Bayer AG are the major companies operating in the Infertility Drugs Market.

Which is the fastest growing region in Infertility Drugs Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Infertility Drugs Market?

In 2025, the North America accounts for the largest market share in Infertility Drugs Market.

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