According to a recent study published by the Market Research Future analysts, the global in-vitro fertilization (IVF) device market is growing at a decent double-digit growth rate. Infertility is a serious problem that our society is facing at present. In-vitro fertilization is and assisted reproductive technology which is commonly known as IVF and is a very common method for infertility treatment.
Furthermore, IVF is one of the broadly known treatments, which has helped couples with infertility issues, single parents and the LGBT group to reproduce/procreate. The global IVF device market would witness a generous development in future attributed to rising rate of infertility cases, rising pattern of delayed pregnancies among women, innovative developments in IVF procedures/methods and expanded events of gamete donations.
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In Vitro Fertilization Device Market – Competitive Tracking
Some of the key players in this market are:
- EMD Serono, Inc.
- Irvine Scientific
- Cooper Surgical, Inc.
- hermo Fisher Scientific, Inc.
- Genea Biomedx
- Auxogyn, Inc.
- Oxford Gene Technology
- OvaScience, Inc
- Vitrolife AB
- Cook Medical, Inc.
- Esco Micro Pte. Ltd
In Vitro Fertilization Device Market – Segments
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 Device Market – Regional Analysis
On the basis of the region, the global market for In-Vitro Fertilization Device is segmented into North America, Europe, the Middle East & Africa (MEA) and South America. Among these regions, Europe has emerged as the most attractive market for IVF device, in 2017, Europe accounted for little under 40% share of the global IVF device market, holding the pole position. Growth of the market in the region can be primarily attributed to the increasing government funding for Assisted Reproductive Technology (ART) and declining fertility rate in Europeans. Germany, the UK, and France hold the major share of the Europe market. Meanwhile, North America and South America represented the second largest In-Vitro Fertilization Device Market. Availability of advance IVF technology acts as a major positive for the region’s market.
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