In Vitro Fertilization Market: Projected to Reach USD 1718.69 Million by 2032, Growing at a CAGR of 9.5% From 2024-2032

In Vitro Fertilization Market Size Was Valued at USD 759.40 Million in 2023 and is Projected to Reach USD 1718.69 Million by 2032, Growing at a CAGR of 9.5% From 2024-2032.

Jun 17, 2024 - 16:56
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In Vitro Fertilization Market: Projected to Reach USD 1718.69 Million by 2032, Growing at a CAGR of 9.5% From 2024-2032

Due to circumstances including delayed pregnancy or difficulty conceiving, the global market for in vitro fertilization has grown significantly in recent years. IVF addresses problems including low sperm count and obstructed fallopian tubes to help overcome infertility. It allows for the selection of healthy embryos to lower the risk of genetic abnormalities by screening embryos for genetic disorders. Through cryopreservation, this method also permits the preservation of fertility, which is advantageous for patients receiving chemotherapy or other similar therapies. Additionally, it makes it possible for single people and same-gender couples to use gestational surrogacy to have biological children. Both assisted reproduction technology and reproductive research have advanced with IVF. 

Fertility choices are becoming more popular due to the growing demand for fertility and changes in family planning conventions. The delayed onset of pregnancy and the increasing awareness of the advantages of in vitro fertilization in lowering women's infertility issues are two major contributing factors. Increased use of reproductive technologies such as IVF is a result of growing acceptability and awareness of these procedures. Some people also use cryopreservation to freeze eggs or embryos in order to maintain fertility.

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In Vitro Fertilization Market Top Key Players:

·         Tfp Fertility (UK)

·         Vitrolife Ab (Sweden)

·         Irvine Scientific (USA)

·         Thermo Fisher Scientific Inc. (USA)

·         Merck Kgaa (Emd Serono) (Germany)

·         Ferring Pharmaceuticals (Switzerland)

·         Esco Micro Pte Ltd (Singapore)

·         Boston Ivf (USA)

·         Ivftech Aps (Denmark)

·         Rocket Medical Plc (USA)

·         Ivi Fertility (Spain)

·         The Cooper Companies, Inc. (USA)

·         Cook Group (USA)

·         Vitrolife (Sweden)

·         Servy Massey Fertility Institute (USA)

·         Houston Fertility Center (USA)

·         Conceptions Reproductive Associates of Colorado (USA)

·         New Hope Fertility Center (USA)

·         Sher Institute for Reproductive Medicine (Sirm) (USA)

·         Cardone Reproductive Medicine and Infertility (USA)

·         Fertility Center of San Antoni (USA)

·         Reproductive Medicine Associate (USA)

·         Fertility And Gynecology Center Monterey Bay Ivf (USA)

·         Nikon Corporation (Japan)

·         Cooper Companies Inc. (USA)And Other Active Players.

The latest report on the In Vitro Fertilization Market provides a detailed analysis of the market for the years 2024 to 2032. It presents a comprehensive overview of the global In Vitro Fertilization industry, incorporating all key industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the In Vitro Fertilization Market. Moreover, the research covers crucial chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to grasp the market direction and development in the present and forthcoming years.

In Vitro Fertilization Market Trend Analysis

Delayed Onset of Pregnancy

·         As women, nowadays are facing a delay in pregnancy for many reasons such as career advancement, education, or personal choices. Women's fertility declines with age, particularly after the age of 35, due to a decrease in the quality and quantity of eggs. IVF offers a suitable option for couples who are struggling with age-related infertility.

·         Increased awareness and acceptance of advancements in reproductive technologies, hence more people are seeking IVF Technique. Some individuals are also choosing to preserve their fertility through egg or embryo freezing by cryopreservation technique when they are young or delayed in pregnancy.

Opportunity

Increase Launches of IVF Facilities and New Technologies

·         Stem Cell treatment in which, Stem cells are undifferentiated cells that can develop into any type of cell in the body, where these stem cells may be able to repair damaged tissue in the ovaries and improve egg quality, leading to better outcomes for fertility treatment.

·         Laser Assisted Hatching is a technique that involves making a small hole in the outer layer of the embryo to help it hatch and implant in the uterus, this technique has been shown to improve the success rate of IVF in specific patient groups.

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Segments Covered:

By Product Type              

·         Imaging Systems

·         Incubators

·         Cryosystems

·         IVF Cabinet

·         Ovum Aspiration Pump

·         Sperm Separation Devices

·         Micromanipulator

·         Others {Laser systems, Gas Analyzers, Anti-Vibration Tables}

By Type

·         Conventional IVF

·         IVF with ICSI

·         IVF with Donor Eggs

·         Others {Traditional IVF}

By Cycle              

·         Fresh Non-donor IVF Cycles

·         Frozen Non-donor IVF Cycles

·         Frozen Donor IVF Cycles

·         Fresh Donor IVF Cycles

By End-User      

·         Fertility clinics

·         Hospitals & Surgical Centers

·         Cryobanks

·         Research Institutes

 By Region

·         North America (U.S., Canada, Mexico)

·         Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

·         Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

·         Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)

·         Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

·         South America (Brazil, Argentina, Rest of SA)

Key Industry Developments in the In Vitro Fertilization Market:

·         In April 2024, Gameto a female-led biotechnology company with a mission to redefine women's healthcare, Announced New Data Demonstrating Clinical-Grade Manufacturing of In Vitro Maturation Solutions for Fertility Care, this process by which a therapy developed from induced pluripotent stem cells (iPSC) has the potential to enhance in vitro fertilization.

·         In March 2024, Alife Health a leading fertility technology company specializing in the development of AI tools for in vitro fertilization announced a groundbreaking partnership with Boston IVF, a leading fertility clinic to pilot the country's first AI tool for IVF medication optimization which is designed to help IVF clinicians to retrieve the optimal number of eggs for each patient and reduce overall medication costs.

 Key Benefits of In Vitro Fertilization Market Research:

                     Research Report covers the Industry drivers, restraints, opportunities and challenges

                     Competitive landscape & strategies of leading key players

                     Potential & niche segments and regional analysis exhibiting promising growth covered in the study

                     Recent industry trends and market developments

                     Research provides historical, current, and projected market size & share, in terms of value

                     Market intelligence to enable effective decision making

                     Growth opportunities and trend analysis

                     Covid-19 Impact analysis and analysis to In Vitro Fertilization Market

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