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Asia-Pacific IVF Devices Market Is Growing Significantly Mainly Due To Rising Incidences Of Infertility, Advancement In IVF Techniques And Growing Healthcare Per Capita Spending.

02-19-2019 09:47 AM CET | Health & Medicine

Press release from: Allied Market Research

Asia-Pacific IVF Devices and Consumables Market

Asia-Pacific IVF Devices and Consumables Market

The Asia-Pacific IVF device and supplies market is expected to gain $ 4.2 billion by 2020, registering a CAGR of 17.1% over the forecast period of 2013-2020. The Asia-Pacific IVF device market is largely growing with an increasing number of infertility, development, and IVF skills and medical expenses per capita.

Recent innovations in IVF technology, such as embryo photography and capsule IVF, are expected to further fuel the IVF device market. However, severe maintenance problems associated with the device and high cost impede market growth.

The adoption of traditional infertility treatments, such as infertility treatment (clomid), translates into advanced IVF technology, which opens up opportunities in the IVF device market. However, a major challenge in the Asia-Pacific IVF device market is the availability of these devices in small-sized IVF clinics.

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Product launch strategies are adopted mainly for the launch of micromanipulators systems, ovum aspiration pumps and IVF accessories among others.

These technologies are used in both clinical and research fields. Companies profiled in this report include
• Vitrolife AB
• Merck Serono Inc.
• Irvine Scientific
• Cooper Surgical Inc.
• Cook Medical Inc.
• Thermo Fisher Scientific Inc.
• Genea Biomedx
• Kitazato and OvaScience Inc.

The Asia-Pacific IVF device market is divided into IVF devices, reagents and media, technology, end users and regions. The tools considered in this report include sperm separation systems, refrigeration systems, incubators, imaging systems, disposable and consumable ovum suction pumps, IVF cabinets, micro-manipulators, IVF accessories and disposables.

The capital equipment used during the IVF process is the fastest growing equipment due to heavy usage. However, disposables and consumables used during the IVF process are the highest revenue generating segment.

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The Asia-Pacific IVF device market by end users is divided into clinics, hospitals, surgery centers and clinical research institutions. Clinics is becoming a popular source of infertility treatments and is the ultimate source of revenue for IVF devices.

The Asia-Pacific IVF device market is analyzed based on geographic regions into China, India, Japan and Australia. China and Japan are major breakdowns of revenue that account for about 54.8% of the market share in 2014. However, due to the high demand for economic IVF services and the availability of skilled labor, India will be the fastest growing region.

ASIA-PACIFIC IVF DEVICES AND CONSUMABLES MARKET KEY BENEFITS:
• An in-depth analysis of current research and clinical developments within Asia-Pacific IVF devices market is provided with key market dynamic factors that helps in understanding the behavior of market
• The projections in the report are made by analyzing the current market trends and future market potential in terms of value for the period of 20142020
• Country-wise healthcare IVF devices market conditions have been comprehensively analyzed in the report
• Competitive intelligence (of leading manufacturers and distributors of IVF devices) highlights the business practices followed by leading market players across the geographies
• SWOT analysis enables to study the internal environment of prominent companies for strategy formulation
• Extensive analysis of the market is conducted by closely following key product positioning and monitoring the top contenders within the market framework

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About Us:

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

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