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..
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.
Policy measures to have fair insurance schemes, and ongoing fertility projects in the industry are driving growth of the market. Increase in IVF treatment has led to more insurance players covering these procedures. It has led directly to competitive rates and moderated the costs of IVF treatment, as the process is a successfully mastered technology.
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Our experienced market research team has provided updated information on the ongoing COVID-19 pandemic and its adverse economic impact in the latter segment of the report. The coronavirus outbreak has led to drastic changes in the current In-Vitro Fertilization business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market’s post-COVID-19 scenario, the report discusses its existing situation. The report eventually offers conclusive data related to the In-Vitro Fertilization market growth assessed on both regional and global levels.
Regional Analysis of the In-Vitro Fertilization Market:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The In-Vitro Fertilization Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length.
In August 2021, Merck Specialties Pvt ltd in India launched Pergoveris Pen for advanced infertility treatment in the country. The launch will emphasize Merck’s motive to fulfil unmet medical needs by offering ready-to-use, and improved treatment option for women with a Severe Luteinizing Hormone (LH) and Follicle-Stimulating Hormone (FSH) deficiency.
Reagent segment accounted for larger revenue share in 2020 due to increasing number of in vitro fertilization procedures. Increased demand for cryopreservation, embryo, and sperm preparation is driving revenue growth of this segment.
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Frozen non-donor segment revenue is expected to register steady growth rate during the forecast period due to their established reliability and a higher success rate for pregnancy. The procedure cost is lower as compared to cycles which use fresh embryos and eggs. A frozen transfer is much simpler for both reproductive endocrinologist and patient. This procedure is also less mentally and physically stressful on a women’s body.
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.
Key Questions Answered in the Report:
What is the growth rate of the In-Vitro Fertilization market? What is the anticipated market valuation of In-Vitro Fertilization industry by 2027?
What are the key growth driving and restraining factors of the In-Vitro Fertilization market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the In-Vitro Fertilization industry over the forecast period?
Which region is expected to show significant growth in the coming years?
Overview of the In-Vitro Fertilization Market Report:
Introduction, Product Scope, Market Overview, and Opportunities
Analysis of the Manufacturers with sales, revenue, and price analysis
Comprehensive analysis of the competitive landscape
Extensive profiling of the key competitors along with their business strategies and market size
Regional analysis of the market along with sales, revenue, market share, and global position
Country-wise analysis of the market along with types, applications, and manufacturing
Strategic recommendations to established players as well as new entrants
In-depth analysis of the risks, restraints, and limitations in the In-Vitro Fertilization industry
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)
Product Outlook (Revenue, USD Billion; 2018-2028)
Ovum processing media
Embryo culture media
Sperm processing media
Sperm separation system
Ovum aspiration pump
Micro manipulation system
End-Use Outlook (Revenue, USD Billion; 2018-2028)
Hospitals and Research Laboratories
Fertility Clinics and Surgical Centers
Read More: https://www.emergenresearch.com/industry-report/in-vitro-fertilization-market
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