The global In Vitro Fertilization (IVF) market size is expected to reach USD 36.51 Billion at a steady revenue CAGR of 9.1% in 2028, according to latest analysis by Emergen Research. In vitro fertilization market revenue growth is due to rising infertility incidence, attributable to adoption of sedentary lifestyle and related conditions and diseases.Besides, 25% of people in the U.S. have more than one infertility cause.Increase in incidence of male and female infertility and growing number of women in workforce are some key factors driving market revenue growth
]Researchers have also developed methods that are used beforehand to improve the effective rate of in-vitro fertilization.Expansion of fertility therapies to treat male infertility, such as Intracytoplasmic Sperm Injection (ICSI), is expected to have a positive impact on market growth. Provision of genomic testing to deter genetic disorder transfer through IVF usage is also projected to contribute to growth of the market.
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Fertility clinics pay a vital role in the healthcare systems, and are beneficial in aiding individuals and couples to recognize fertility problems and diagnose and get a proper solution. Specialized fertility clinics provide a wide range of treatment choices, from Intrauterine Insemination (IUI) to IVF, and freezing of egg.
In-vitro fertilization market in Europe accounted for largest revenue share in 2020 as the region is the first to remove the ‘experimental’ tag on cryopreservation of eggs. The choice to get pregnant after 30 or later by women in countries in Europe is creating steady demand for assisted reproductive technologies. High demand for such procedures in France, Germany, and the UK is also driving market revenue growth.
Some major players in the market include Vitrolife AB, CooperSurgical, Inc., Thermo Fisher Scientific Inc., The Baker Company, Inc., Kitazato Corporation, Cook Medical, Inc., Esco Micro Pte. Ltd., OvaScience, Boston IVF, and EMD Serono Inc.
as well as new entrants in the market. It focuses on the recent mergers acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.
Key insights presented in the report:
- Market revenue shares by major business players, by type, by application, and market scope of global In-Vitro Fertilization market
- Sales revenue by key players and new entrants
- Competitive analysis of the key players including aspects such as company overview, product or services specification, vendors, and buyers.
- Recent mergers, acquisitions, product launches, recent investments, and joint ventures
- Regional analysis to provide insight to recent trends and opportunities
The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
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In-Vitro Fertilization Market segmentation
Emergen Research has segmented the global In Vitro Fertilization (IVF) market on the basis of procedure, product, end-use, and region:
- Procedure Outlook (Revenue, USD Billion; 2018-2028)
- Fresh Donor
- Fresh Non-Donor
- Frozen Donor
- Frozen Non-Donor
- Product Outlook (Revenue, USD Billion; 2018-2028)
- Reagents
- Cryopreservation media
- Ovum processing media
- Embryo culture media
- Sperm processing media
- Equipment
- Sperm separation system
- Imaging system
- Cabinet
- Incubators
- Ovum aspiration pump
- Micro manipulation system
- Gas analyzer
- Accessories
- Anti-vibration tables
- Laser system
- Cryosystems
- Witness system
- Reagents
- End-Use Outlook (Revenue, USD Billion; 2018-2028)
- Hospitals and Research Laboratories
- Fertility Clinics and Surgical Centers
- Cryobanks
The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.
Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa.
Regional Outlook of In-Vitro Fertilization Market:
- North America
- S.
- Canada
- Mexico
- Europe
- Germany
- K.
- Italy
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- A.E.
- South Africa
- Rest of MEA
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