Title: In Vitro Fertilization (IVF) Market – Trends Forecast Till 2028
1In Vitro Fertilization (IVF) Market Trends
Forecast Till 2028
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2In Vitro Fertilization (IVF) Market Trends
Forecast Till 2028
In Vitro Fertilization /IVF Market, by Product
(Micromanipulators, Incubators, Cabinets, Imaging
System, Laser System, Reagents Accessories),
Type (Conventional IVF, IVF with ICSI), End User
(Fertility Clinics, Hospitals, Cryobanks) and
Geography (North America, Europe, Asia-Pacific,
Middle East and Africa and South America). The
global In Vitro Fertilization /IVF market size is
projected to reach USD 990 million by 2026 at a
CAGR of 9.2 from USD 640 million in 2021 during
the forecast period 2021-2028. Key Players in the
market are The Cooper Companies Inc., Cook Group,
Vitrolife, Thermo Fisher Scientific, Inc., Esco
Micro Pte. Ltd. , Genea Limited, IVFtech ApS,
FUJIFILM Irvine Scientific, The Baker Company,
Inc., Kitazato Corporation, Rocket Medical plc ,
Hamilton Thorne Ltd., ZEISS Group, FERTIPRO NV,
and Gynotec B.V.
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ertilization-market-trends-forecast-till-2028
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3Market Overview
IVF or In vitro fertilization is a method of ART
or assisted reproductive technology the deals
with a complex set of procedure which help people
with fertility and assist them in the conception
of a child. In the procedure one or more
fertilized eggs or embryos are transferred into
the woman's uterus, where they may implant in the
uterine lining and develop into foetus. With the
declining fertility rate and increased medial age
of first-time mothers along with raised incidents
of male infertility are some of the factors that
have supported long-term expansion for In Vitro
Fertilization /IVF Market. The COVID-19 pandemic
is causing widespread concern and economic
hardship for consumers, businesses, and
communities across the globe. A similar effect
has been observed in the sector as well. About
90 drop was recorded in the number of females
going for IVF.
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4Reasons to Acquire
- Increase your understanding of the market for
identifying the best and suitable strategies and
decisions on the basis of sales or revenue
fluctuations in terms of volume and value,
distribution chain analysis, market trends, and
factors - Gain authentic and granular data access for the
medical device testing market so as to understand
the trends and the factors involved in changing
market situations - Qualitative and quantitative data utilization to
discover arrays of future growth from the market
trends of leaders to market visionaries and then
recognize the significant areas to compete in the
future - In-depth analysis of the changing trends of the
market by visualizing the historic and forecast
year growth patterns
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5Regional Analysis
Asia Pacific is expected to be the largest market
during the forecast period. Increased number of
medical tourism along with increased awareness of
IVF procedures and reduced treatment require
along with the increased healthcare expenditure
have led to growth of the market in the region.
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6Competitive Landscape
- The Cooper Companies Inc.
- Cook Group
- Vitrolife
- Thermo Fisher Scientific, Inc.
- Esco Micro Pte. Ltd.
- Genea Limited
- IVFtech ApS
- FUJIFILM Irvine Scientific
- The Baker Company, Inc.
- Kitazato Corporation
- Rocket Medical plc
- Hamilton Thorne Ltd.
- ZEISS Group
- FERTIPRO NV
- Gynotec B.V
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rends-forecast-till-2028
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7Recent Developments
- In 2021, FDA approved the commercialization of
the GYNEMED GM501, manufacture by Hamilton Thorne
Ltd which is a ready-to-use medium designed for
in vitro washing and handling procedures of human
oocytes and embryos in the US and Europe. - In 2021, Cooper Surgical join hands with Virtus
Health in order to strengthen its fertility
technology, increasing the accessibility of
advanced treatment to infertile couples.
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8Contact Information
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