Vancouver, BC -- (SBWire) -- 02/10/2021 --In-vitro Fertilization Market Overview
In-vitro fertilization is an assistive reproduction technology in which a woman's eggs are retrieved from the ovaries and then fertilized with a man's sperm. The fertilized embryo is stored in frozen condition or can be transferred to a woman's uterus. This process can help couples who are unable to have a child through a natural process due to some complications.
The market for In-Vitro Fertilization is fairly fragmented, with a number of small as well as medium-sized manufacturers, which account for a major global share of the market
Key participants include Thermo Fisher Scientific Inc., Irvine Scientific, OvaScience, Cooper Surgical Inc., EMD Serono Inc., Cook Medical Inc., Cardone & Associates Reproductive Medicine & Infertility LLC, Morpheus Life Sciences Pvt. Ltd., Vitrolife AB, and Genea Biomedx, among others.
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Market Drivers
Some of the major driving factors for the growth of the global in-vitro fertilization market are declining fertility rates, rising male infertility, cases regarding increased consumption of alcohol and cigarettes, awareness of the public about infertility and its treatment options.
The increase in the success rate of in-vitro fertilization due to technological advancements and innovative techniques are expected to drive market growth in upcoming years. In-vitro fertilization clinics and hospitals are expected to drive the market growth due to the availability of a wide range of infertility treatments and favourable government reimbursement scenarios.
Procedure Type Outlook (Revenue, USD Billion; 2017-2027)
Fresh Donor
Frozen Donor
Fresh Non-donor
Frozen Non-donor
Instrument Outlook (Revenue, USD Billion; 2017-2027)
Disposable Devices
Culture Media
Capital Equipment
Application Outlook (Revenue, USD Billion; 2017-2027)
Fertility Clinics
Hospitals
Others
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Europe dominated the market for In-Vitro Fertilization in 2019, because it became the first to come up with the in-vitro fertilization method to delete the controversial title from the cryopreservation of sperm and the first to officially authorize the IVF or the mitochondrial fusion strategy of the three parents. The European region held approximately 35.1% of the market, followed by North America, which contains around 31.0% market in the year 2019.
Regional landscape
The Asia Pacific had the largest market share of the global in-vitro fertilization market in 2019, and it is expected to dominate the market in the forecast period due to the presence of some of the most densely populated countries such as India and China. Europe is also one of the major markets of in-vitro fertilization; some of the main contributors in the region are Germany, France, and the U.K. North America is expected to show increased demand for infertility treatments accredited to the presence of various key healthcare facility players.
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. In-Vitro Fertilization (IVF) Market Segmentation & Impact Analysis
4.1. In-Vitro Fertilization (IVF) Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Rising prevalence of infertility across the globe
4.2.2.2. Various government initiatives in developed and developing nations
4.2.2.3. Rising awareness pertaining to application of IVF services
4.2.3. Market restraints analysis
4.2.3.1. Poor reimbursement scenario and social barriers in developing economies
4.2.3.2. High cost of IVF procedures in developed nations
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter's Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. In-Vitro Fertilization (IVF) Market By Procedure Type Insights & Trends, Revenue (USD Billion)
5.1. Procedure Type Dynamics & Market Share, 2019 & 2027
5.1.1. Fresh Donor
5.1.2. Frozen Donor
5.1.3. Fresh Non-Donor
5.1.4. Frozen Non-Donor
Chapter 6. In-Vitro Fertilization (IVF) Market By Instrument Insights & Trends Revenue (USD Billion)
6.1. Instrument Dynamics & Market Share, 2019 & 2027
6.1.1. Disposable Devices
6.1.2. Culture Media
6.1.3. Capital Equipment
Continue…!
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In-Vitro Fertilization Market to Witness Robust Growth by 2027 : Top Players: Irvine Scientific, OvaScience, Cooper Surgical Inc., EMD Serono Inc, Etc
Increasing infertility cases and the advancement of new technology such as lensless sperm imaging are expected to push the in-vitro fertilization industry in the years to come