It gives the awareness of its revenue production into the complete market compared to other vendors in the universe. It delivers insights into exactly how dealers are execution in terms of revenue initiation and consumer base compared to others. Knowing market share presents an idea of the size and vendor competitiveness for the base year. It uncovers the market descriptions in terms of growth, breakup, supremacy, and incorporation attributes. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.
In Vitro Fertilization (IVF) Market Overview
The global In Vitro Fertilization /IVF market size is projected to reach USD 990 million by 2026 at a CAGR of 9.2% from USD 640 million in 2021 during the forecast period 2021-2028.
IVF or In vitro fertilization is a method of ART or assisted reproductive technology the deals with a complex set of procedure which help people with fertility and assist them in the conception of a child. In the procedure one or more fertilized eggs or embryos are transferred into the woman's uterus, where they may implant in the uterine lining and develop into foetus.
With the declining fertility rate and increased medial age of first-time mothers along with raised incidents of male infertility are some of the factors that have supported long-term expansion for In Vitro Fertilization /IVF Market.
The COVID-19 pandemic is causing widespread concern and economic hardship for consumers, businesses, and communities across the globe. A similar effect has been observed in the sector as well. About 90% drop was recorded in the number of females going for IVF.
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In Vitro Fertilization (IVF) Market Regional Analysis
Asia Pacific is expected to be the largest market during the forecast period. Increased number of medical tourisms along with increased awareness of IVF procedures and reduced treatment require along with the increased healthcare expenditure have led to growth of the market in the region.
In Vitro Fertilization (IVF) Market Competitive Landscape
Key Players
• The Cooper Companies Inc.
• Cook Group
• Vitrolife
• Thermo Fisher Scientific, Inc.
• Esco Micro Pte. Ltd.
• Genea Limited
• IVFtech ApS
• FUJIFILM Irvine Scientific
• The Baker Company, Inc.
• Kitazato Corporation
• Rocket Medical plc
• Hamilton Thorne Ltd.
• ZEISS Group
• FERTIPRO NV
• Gynotec B.V
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In Vitro Fertilization (IVF) Market Recent Developments
• In 2021, FDA approved the commercialization of the GYNEMED GM501, manufacture by Hamilton Thorne Ltd which is a ready-to-use medium designed for in vitro washing and handling procedures of human oocytes and embryos in the US and Europe.
• In 2021, CooperSurgical join hands with Virtus Health in order to strengthen its fertility technology, increasing the accessibility of advanced treatment to infertile couples.
Reasons to Acquire in the In Vitro Fertilization (IVF) Market
• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for In Vitro Fertilization /IVF market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
Table of Contents
In Vitro Fertilization /IVF Market is segmented into Product, cycle, Type and geography.
On the basis of Type
o Conventional IVF
o IVF with ICSI
o IVF with Donar Eggs
o Others
On the basis of End-User
o Fertility Clinics
o Hospitals & Surgical Centers
o Cryobanks
o Research Institutes
On the basis of Cycle
o Fresh Non-donor IVF Cycles
o Frozen Non-donor IVF Cycles
o Frozen Donor IVF Cycles
o Fresh Donor IVF Cycle
On the basis of Product
o Equipment
 Sperm Analyzer Systems
 Imaging Systems
 Ovum Aspiration Pumps
 Micromanipulator Systems
 Incubators
 Gas Analyzers
 Laser Systems
 Cryosystems
 Sperm Separation Devices
 IVF Cabinets
 Anti-vibration Tables
 Witness Systems
 Other Equipments
o Reagents & Media
 Cryopreservation Media
 Embryo Culture Media
 Ovum Processing Media
 Sperm Processing Media
o Accessories
On the basis of region
• Asia Pacific
• North America
o Europe
o South America
o Middle East & Africa
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Frequently Asked Questions
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