This strategic assessment report, from Markntel Advisors, on UAE In Vitro Fertilization (IVF) Market provides a comprehensive analysis that reflects today’s market realities and future business possibilities for the forecast period of 2022 to 2027. The report chapters analyze the industry in the most detailed manner in order to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the key participants and investors in identifying the low-hanging fruits available and formulating the growth strategies to expedite their growth process.
What is the Size or Growth Rate of the UAE In Vitro Fertilization (IVF) Market?
The UAE In Vitro Fertilization (IVF) Market is anticipated to expand at a CAGR of roughly 14.12% from 2022 to 2027. The market expansion of in vitro fertilization (IVF) in the UAE has been greatly impacted by the rising infertility cases in both genders. The fertility rate for the UAE is estimated by the United Nations’ World Population Prospects to be 1.367 births per woman in 2022, a decrease of 0.94% from 2021. Also, the country’s growing share of women in the workforce, which rose from 28% to 52% as of 2019, had raised the number of infertility cases brought on by changes in lifestyle & other chronic illnesses.
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2017-20 |
| Base Year: 2021 | |
| Forecast Period: 2022-27 | |
| CAGR (2022-2027) | 14.12% |
| Region Covered | Abu Dhabi, Dubai, Sharjah & Rest of Emirates |
| Key Companies Profiled | CooperSurgical Fertility, Vitrolife, Esco Medical, Merck Group, Microptic Automatic Diagnostic Systems, Al Hayat Pharmaceuticals, Biomerieux, Eppendorf, Others |
| Unit Denominations | USD Million/Billion |
What are the UAE In Vitro Fertilization (IVF) Industry Driving Factors and Major Challenges?
Industry Driving Factor: Prohibition of Egg & Sperm Donations for IVF Procedures to Negatively Affect the Market Growth
The infertility cases in the UAE are continuously growing due to the soaring lifestyle-related disorders, chronic ailments, delayed marriages, and various environmental factors such as contaminated food, water, and toxins. Moreover, the infertility cases in the UAE are equally dominant among men & women, which eventually impacts the rising IVF market growth in the country. Nevertheless, the Federal National Council (FNC) prohibited egg and sperm donations along with surrogacy procedures in 2019 to develop a legal framework dividing licensing, monitoring, and inspection responsibilities between the ministries and other health authorities.
However, the prohibition of egg & sperm donation subsequently limited the adoption of In-Vitro Fertilization (IVF) treatment in the country because of deteriorated quality of patients’ sperm and eggs along with the unavailability of any donor to cater to the issue. Therefore, various expectant parents look for IVF treatments in other countries such as the USA, UK, Russia, and the Czech Republic due to the availability of egg and sperm donors and the option to have surrogacy as well.
Growth Challenges: Rising Medical Tourism in the UAE to Flourish the Market in the Coming Years
The healthcare sector has emerged as one of the most critical sectors for pursuing economic diversification in the UAE. The Department of Culture and Tourism, Abu Dhabi, signed a memorandum of understanding with the Medical Tourism Association (MTA) to create successful medical tourist programs in the country. Both entities have partnered to promote Abu Dhabi as a medical tourist destination, such as China & GCC. Further, the medical offerings would include advanced infertility treatments & medical check-ups.
Therefore, a digital platform has been launched by the Department of Health Abu Dhabi & the Department of Culture and Tourism to provide all medical offerings & healthcare facilities to the visitors throughout their visit. Moreover, the growing government initiatives to promote healthcare facilities & infrastructural development in the country to attract visitors for their IVF & infertility procedures would further escalate the market in the coming years.
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Report Table of Content
- Market Segmentation
- Introduction
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- Product Definition
-
- Research Process
-
- Assumptions
- Executive Summary
- Impact of COVID-19 on The UAE In Vitro Fertilization (IVF) Market
- The UAE In Vitro Fertilization (IVF) Market Trends & Insights
- The UAE In Vitro Fertilization (IVF) Market Dynamics
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- Growth Drivers
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- Challenges
- The UAE In Vitro Fertilization (IVF) Market Policies, Regulations, Product Standards
- The UAE In Vitro Fertilization (IVF) Market- Supply Chain Analysis
- The UAE In Vitro Fertilization Clinical Trial Analysis
- The UAE In Vitro Fertilization (IVF) Market Pricing Analysis
- The UAE In Vitro Fertilization (IVF) Market Hotspot & Opportunities
- The UAE In Vitro Fertilization (IVF) Market Outlook, 2017-2027F
The Regional Division of the Industry
UAE In Vitro Fertilization (IVF) Market is studied based on its regional analysis, divided across Region: –
- Dubai
- Abu Dhabi
- Sharjah and Northern Emirates
of all the regions, Dubai & Abu Dhabi accounted for a dominant market share in the In Vitro Fertilization market on account of the well-established infrastructure & healthcare facilities to provide a wide range of fertility & infertility treatments. The Canadian Specialist Hospital, NMC Royal Women’s Hospital, Orchid Fertility Clinic, and Fakih IVF Fertility Centre, among others, are a few of the top hospitals & specialized fertility centers operating in Dubai & Abu Dhabi. Moreover, the rising partnerships between the medical companies & the development of infertility centers in the country also propelled the market growth of In Vitro Fertilization (IVF).
A Look into The Current Leading Companies in the Market
The UAE In Vitro Fertilization (IVF) market competitive landscape provides details of all the competitors and market players. Components included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points only relate to the companies focusing on the UAE In Vitro Fertilization (IVF) market. The major market participants and players operating in the market are: –
- – CooperSurgical Fertility
- – Vitrolife
- – Esco Medical
- – Merck Group
- – Microptic Automatic Diagnostic Systems
- – Al Hayat Pharmaceuticals
- – Biomerieux
- – Eppendorf
- – Others
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Market Scope Through Segmentation
The UAE In Vitro Fertilization (IVF) Market is distinctly diversified and meticulous, with segmented articulations and bifurcations. Therefore, this section’s segmentation and bifurcations are elaborated in detail, including the fluctuations, trends, and market strategies to provide the stakeholder with all the necessary information to form an informed and active decision or understanding.
Each segment is further described in the report to provide a precise and comprehensive detailed section of certain factors and intricacies fluctuating the sales and value of different components. This elaborated analysis focuses on providing the stakeholder with the necessary details to accurately understand the factors influencing each bifurcation. The UAE In Vitro Fertilization (IVF) Market is expanded across the following bifurcations: –
By Type
- Conventional IVF
- Intracytoplasmic Sperm Injection (ICSI)
By Reagents and Media
- Cryopreservation Media
- Embryo Culture Media
- Sperm Processing Media
- Ovum Processing Media
By Equipment
- Sperm Separation System
- Ovum Aspiration Pumps
- Micromanipulator Systems
- Imaging Systems
- Gas Analysers
- Laser Systems
- Cryosystems
- Others (Cabinets, anti-vibration table, accessories etc.)
By Consumables
- Culture Dishes
- ICSI and Biopsy Dishes
- Multiwell Dishes
- Oocyte Retrieval Needles
- ET Catheters and Syringes
- Others (Conical tubes, micropipettes etc.)
By End User
- Fertility Units
- Hospitals and Surgical Centres
- Research Centres
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