In Vitro Fertilization (IVF) Market - Trends Forecast Till 2028

In Vitro Fertilization /IVF Market, by Product (Micromanipulators, Incubators, Cabinets, Imaging System, Laser System, Reagents & Accessories), Type (Conventional IVF, IVF with ICSI), End User (Fertility Clinics, Hospitals, Cryobanks) and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: December, 2021

Base Year Estimate: 2020

Report ID: D-HC-IVFM-688

Format:  

Number of Pages: 319

Domain: Healthcare

In Vitro Fertilization (IVF) Market – Trends Forecast Till 2028

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.

In Vitro Fertilization Market Research Report

Asia Pacific is expected to be the largest market during the forecast period. Increased number of medical tourism 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 is segmented into Product, cycle, Type and geography.

On the basis of Type

  • Conventional IVF
  • IVF with ICSI
  • IVF with Donar Eggs
  • Others

On the basis of End-User

  • Fertility Clinics
  • Hospitals & Surgical Centers
  • Cryobanks
  • Research Institutes

On the basis of Cycle

  • Fresh Non-donor IVF Cycles
  • Frozen Non-donor IVF Cycles
  • Frozen Donor IVF Cycles
  • Fresh Donor IVF Cycle

On the basis of Product

  • 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
  • Reagents & Media
    • Cryopreservation Media
    • Embryo Culture Media
    • Ovum Processing Media
    • Sperm Processing Media
  • Accessories

On the basis of Region

  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Insights are provided for each region and major countries within the regions

In Vitro Fertilization Market Primary Respondents

 

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

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

  • 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

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 640 million

Growth Rate

CAGR of 9.2% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD billion and CAGR from 2021 to 2028

Report Segmentation

Product, cycle, Type, End user and geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

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, and Gynotec B.V

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