Market Research Future (MRFR) has announced a new release on the Global In Vitro Fertilization Market. The global in vitro fertilization market has been assessed from all angles to present a comprehensive view of the market to readers.
The segmentation and prime drivers and restraints of the global in vitro fertilization market are analyzed in detail in the report. The report looks into accurate primary and secondary research in order to gain a correct picture of the market’s current status and uses powerful analytical tools to elaborate on the market’s likely trajectory over the forecast period (2018-2023).
The growing prevalence of infertility problems and the steady technological advancement in IVF procedures is likely to drive the global in vitro fertilization device market over the forecast period. In vitro fertilization can act as a solution for several conditions that inhibit fertilization in the natural manner and has thus grown in demand steadily over the last few decades. The growing prevalence of chronic, lifestyle-related medical conditions is likely to further drive the prevalence of infertility in countries across the world, driving the demand for in vitro fertilization over the forecast period.
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In Vitro Fertilization Market – Competitive Analysis
Key players in the global in vitro fertilization market include Cooper Surgical Fertility, Oxford Gene Technology, INVO Bioscience, Genea Limited, GENEA BIOMEDIX, Vitrolife, Irvine Scientific, Thermo Fisher Scientific, Merck KGaA, and Cook medical.
In Vitro Fertilization Market – Segmentation
The global in vitro fertilization market report segments the global market on the basis of type, product, end user, and region.
By type, the global in vitro fertilization market is segmented into intrauterine insemination, in-vitro fertilization, intracytoplasmic sperm injection, and IVF using donor eggs. The share of intracytoplasmic sperm injection in the global IVF market is likely to remain strong over the forecast period, as the method has become extremely popular in recent years.
By product, the global in vitro fertilization market is segmented into devices and reagents. The devices segment is sub-segmented into imaging systems, sperm separation systems, ovum aspiration pumps, cerosystem, and micromanipulators. The reagents segment is divided into embryo culture media, cryopreservation media, sperm processing media, and ovum processing media.
By end user, the IVF market is segmented into fertility clinics, hospitals, and clinical research centers.
In Vitro Fertilization Market – Regional Analysis
Europe is likely to be a major contributor to the global IVF market over the forecast period. The medical research sector in Europe is highly advanced and houses well-developed IVF procedures. Medical tourism in Europe has also taken off in a big way, with countries such as the Czech Republic emerging as a popular destination for Americans looking to obtain IVF treatments at a cheaper rate. The U.K., France, and Germany are likely to play key roles in the development of the in vitro fertilization market in Europe over the forecast period.
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The Asia Pacific in vitro fertilization market is also likely to take off spectacularly over the forecast period due to the growing medical tourism in the region, including medical tourism for fertility treatments, and growing prevalence of infertility problems in APAC countries themselves. The growing population of APAC countries is likely to provide fertility clinics with a rich market in the coming years, leading to steady growth of the in vitro fertilization market over the forecast period.
North America is also likely to remain a steady contributor to the global in vitro fertilization market over the forecast period due to the growing prevalence of infertility conditions among North American men and women.
Major Table of Content
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.2 Scope of the Study
2.2.1 Research Objective
Chapter 3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
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