In Vitro Fertilization (IVF) Service Market Share: A Promising Growth Trajectory

The In Vitro Fertilization (IVF) service market has witnessed significant growth over the past few years and is expected to continue its upward trajectory in the coming years. IVF, a reproductive technology that helps couples struggling with infertility to conceive, has become increasingly popular due to advancements in medical science and changing societal norms.

One of the key factors driving the growth of the IVF service market is the rising prevalence of infertility worldwide. Factors such as delayed pregnancies, lifestyle changes, and increasing awareness about available treatment options have contributed to a higher demand for IVF services. Additionally, advancements in assisted reproductive technologies (ART) have improved success rates, making IVF a viable option for many couples.

Geographically, North America has dominated the IVF service market share due to factors such as high disposable income, favorable reimbursement policies, and well-established healthcare infrastructure. However, emerging economies in Asia Pacific are expected to witness significant growth in the IVF service market as they continue to invest in healthcare infrastructure and experience a rise in disposable income.

The In Vitro Fertilization (IVF) Service market is projected to hit USD 1.38 bllion by 2030 from USD 696 million in 2022, at a CAGR of 8.9% from 2023 to 2030.

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KEY MARKET SEGMENTATION:

By Cycle Type

• Fresh IVF Cycles (Non-Donor)
• Thawed IVF Cycles (Non-Donor)
• Donor Egg IVF Cycle
• Frozen Non-donor IVF Cycles
• Frozen Donor IVF Cycles

By Product

Equipment

• Sperm Analyzer Syate
• Imaging System
• Ovum Aspiration Pumps
• Incubators
• Micromanipulator Systems
• Laser system
• Gas Analyzer
• Sperm Separation Devices
• IVF Cabinets
• Cryosystems
• Witness Systems
• Anti-Vibration Tables
• Other Equipments

Reagents & Media

• Cryopreservation Media
• Sperm Processing Media
• Ovum Processing Media
• Embryo Culture Media
• Accessories

By Type

• Conventional IVF
• IVF with ICSI
• IVF with Donar Eggs
• Others

By End-User

• Fertility Clinics
• Hospitals
• Surgical centers
• Clinical research institute
• Cryobanks

Some of the major key players are as follows: 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, Corning Corporation, Hamilton Thorne Ltd., ZEISS Group, FERTIPRO N, and Eppendorf. and Other Players.

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