In vitro fertilization market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses the market to grow at a CAGR of 9.72% in the above-mentioned forecast period.
In vitro fertilization or IVF is basically a series of treatments which aid with pregnancy or to avoid genetic problems and to help with childbirth. The mature eggs are collected (recovered) from ovaries during the procedure and fertilized in a laboratory with sperm. This procedure is done across fertility clinics and surgical centers, hospitals and research laboratories and cryobanks.
The increasing awareness about the infertility and availability of different treatment across the globe is the significant factor responsible for driving the growth of the in vitro fertilization market in the above-mentioned forecast period. Additionally, the factors such as the availability of advanced products, increasing male infertility, rising consumption of alcohol and cigarettes and increasing government initiatives to enhance IVF treatment also heighten the overall growth of the market. The increase in the median age of first-time mothers, declining fertility rates, rise in obesity rate and growing consumption of alcohol, and growing awareness about the availability of treatment options are also estimated to accelerate the overall growth of the market. On the other hand, the limitations such as the high cost is estimated to obstruct the market’s growth. The low success rate of in vitro fertilization treatment is also estimated to be the restraint that will hamper the overall growth of the market.
Furthermore, the emerging markets and technological advancements and product innovation are expected to generate profitable opportunities for the market. On the flip side, the restrictive regulations and ethical concerns along with reducing efficacy of infertility treatment among patients with advancing age have the potential to challenge for the market’s growth.
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Healthcare Infrastructure growth Installed base and New Technology Penetration
In vitro fertilization market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for in vitro fertilization market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the in vitro fertilization market. The data is available for historic period 2010 to 2020.
Competitive Landscape and In Vitro Fertilization Market Share Analysis
In vitro fertilization market competitive landscape provides details by competitor. Details 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, application dominance. The above data points provided are only related to the companies’ focus related to in vitro fertilization market.
Some of the major players operating in the in vitro fertilization market report are CooperSurgical, Inc., Vitrolife, Cook, FUJIFILM Irvine Scientific, Thermo Fisher Scientific., Merck KGaA, Clinic Scanfert, Bangkok IVF Center, Advanced Reproductive Care., BFC Forex & Financial Services Pvt.Ltd., CARDONE Industries., CHA Fertility Center, Gaudium IVF & Gynae Solutions., EQT AB, EUVITRO S.L.U., Genea Limited., ICRM, Panama Fertility, KL FERTILITY CENTRE, Monash IVF Australia, RAPRUI S.r.l., SAFE FERTILITY CENTER, Genea Limited, IVFtech ApS, KITAZATO CORPORATION, Rocket Medical Plc., Nikon Corporation, Laboratoire CCD, Boston IVF, and Ferring B.V., among others.
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In Vitro Fertilization Market Country Level Analysis
In vitro fertilization market is analyzed and market size insights and trends are provided by type, product, type of cycle, end-users, and instruments as referenced above.
The countries covered in the in vitro fertilization market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market due to the presence of various leading players in the region. Asia-Pacific, on the other hand is expected to show a rapid and lucrative growth rate in the forecast period owing to the medical advancement and increasing rate of infertility in the region medical advancement and increasing rate of infertility in the region.
The country section of the in vitro fertilization market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Global In Vitro Fertilization Market Scope and Market Size
In vitro fertilization market is segmented on the basis of type, product, type of cycle, end-users, and instruments. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
On the basis of type, the in vitro fertilization market is segmented into conventional IVF and IVF with ICSI.
On the basis of product, the in vitro fertilization market is segmented into reagents and equipment. The reagent segment is divided into embryo culture media, cryopreservation media, sperm processing media and OVUM processing media. Equipment segment is further divided into imaging systems, sperm separation systems, cabinets, OVUM aspiration pumps, incubators, micromanipulator systems, gas analyzers, laser systems, accessories, cryosystems, anti-vibration tables and witness systems.
On the basis of type of cycle, the market is segmented into fresh non-donor IVF cycles, frozen non-donor IVF cycles, frozen donor IVF cycles, fresh donor IVF cycles.
End-users segment of the in vitro fertilization market is segmented into fertility clinics and surgical centers, hospitals and research laboratories and cryobanks.
On the basis of instruments, the in vitro fertilization market is segmented into IVF culture media, incubators, cryosystem, IVF cabinet, ovum aspiration pump, sperm aspiration pump, micromanipulator and other instruments.
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Global In Vitro Fertilization Market Report Answers the Following Questions:
What are the current trends and future projections for the Global In Vitro Fertilization Market?
What are the major drivers and challenges facing the Global In Vitro Fertilization Market?
How is the Global In Vitro Fertilization Market segmented by product type?
What is the market share of the leading players in the Global In Vitro Fertilization Market?
How has the COVID-19 pandemic impacted the Global In Vitro Fertilization Market?
What are the key distribution channels for timing devices in the global market?
How is the Global In Vitro Fertilization Market affected by the integration of new technologies?
What is the impact of regulations and standards on the Global In Vitro Fertilization Market?
How is the Global In Vitro Fertilization Market expected to evolve in the next five years?
What are the opportunities for new market participants in the Global In Vitro Fertilization Market?
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