The global in-vitro fertilization (IVF) market is growing at a significant CAGR of nearly 9.6% during the forecast period. The rising demand for infertility treatment has been witnessed owing to the rising number of couples suffering from infertility. As per the data published by the World Health Organization (WHO) in September 2020, between 48 million couples and 186 million individuals suffering from infertility globally. IVF is a series of procedure that is used for the treatment of several kinds of infertility, prevent genetic problems.
A full cycle of IVF can take about three weeks. It is a primary treatment that is suggested for women with infertility problem above the age of 40. IVF can be done by two fertilization techniques that are insemination and intracytoplasmic sperm injection (ICSI). The devices that are used for this treatment are the special microscope, incubators, ultrasound machines, IVF disposables and other such devices. It can be done if people and their partner have problems such as ovulation disorders, unexplained infertility, endometriosis, uterine fibroids, among other problems.
An increasing prevalence of infertility is leading to increasing demand for IVF procedure and thereby is driving the market growth. Additionally, the increasing trends of assisted reproductive technology and favourable government initiatives to increase the accessibility of infertility treatment are further driving the growth of the market. However, some factors are restraining the market growth include high cost associated with the treatment, and the risk associated with the IVF treatment such as multiple births, miscarriage, egg-retrieval procedure complications, premature delivery and low birth weight, and ectopic pregnancy, among others. However, the expansion of infertility clinics is offering an opportunity for market growth.
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Market Coverage
- The market number available for – 2022-2030
- Base year- 2022
- Forecast period- 2023-2030
Segment Covered-
- By Procedure Type
- By Product
- By End-User
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- CooperSurgical, Inc., Vitrolife AB, Thermo Fisher Scientific Inc., Merck KGaA, and Fujifilm Holdings Corp.
Global IVF Market Report Segment
By Procedure Type
- Frozen Donor
- Frozen Non-Donor
- Fresh Donor
- Fresh Non-Donor
By Product
- Reagents
- Equipment
- Software
By End-User
- Hospitals and Research Laboratories
- Fertility Clinics and Surgical Centers
- Others
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Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- Rest oF APAC
Rest of The World
- Middle East & Africa
- Latin America
Company Profiles
- Cook Medical Inc.
- CRITEX GmbH
- Esco Micro Pte Ltd.
- Genea Ltd.
- Hamilton Thorne, Inc.
- Illumina, Inc
- Inventia Genetic Technologies Pty Ltd.
- INVO Bioscience Inc.
- IVFtechApS
- Kitazato Corp.
- Nidacon International AB
- Nikon Corp.
- Pantec BioSolutions AG
- Rocket Medical plc
- Trivector Biomed LLP
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