In Vitro Fertilization Market at a CAGR of 9.1 % by 2026| Vitrolife, Thermo Fisher Scientific, Inc., Esco Micro Pte. Ltd., Genea Limited, IVFtech ApS

In Vitro Fertilization Market report provides statistics on the current state of the industry as a valuable source of guidance and direction for companies and investors interested in this market. The report also plays a key role in keeping hold of the reputation of the firm and its products. The In Vitro Fertilization Market report contains all the information including market definition, classifications, applications, and engagements while also detailing what the major players are doing in respect of product launches, joint ventures, developments, mergers, and acquisitions and how it is affecting the market in terms of sales, import, export, revenue and CAGR values for the market.

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The Cooper Companies Inc. (US), Cook Group (US), Vitrolife (Sweden), Thermo Fisher Scientific, Inc. (US), Esco Micro Pte. Ltd. (Singapore), Genea Limited (Australia), IVFtech ApS (Denmark), FUJIFILM Irvine Scientific (US), The Baker Company, Inc. (US), Kitazato Corporation (Japan), Corning Corporation (US), Hamilton Thorne Ltd. (US), ZEISS Group (Germany), FERTIPRO NV(Belgium), and Eppendorf (Germany).

The global in vitro fertilization market is projected to reach USD 987 million by 2026 from USD 638 million in 2021, at a CAGR of 9.1% from 2021 to 2026.

The key factors fueling the growth of this market include an increase in the median age of first-time mothers, declining fertility rates, rising male infertility, rise in obesity rate and growing consumption of alcohol, and growing awareness about the availability of treatment options. However, the high cost and low success rate of IVF treatment and restrictive regulations and ethical concerns are expected to restrict the growth of the IVF market to a certain extent.

COVID-19 pandemic triggered the worldwide suspension of in vitro fertilization treatment; this had a profound impact on women undergoing IVF procedures. In India, 30 lakh people seek IVF every year, but only 5 lakh people undergo IVF/intrauterine insemination (IUI) procedures. During the COVID-19

pandemic, a 90% drop was observed in the number of people undergoing IVF cycles. The spread of COVID-19 has not only impacted fertility clinics owing to the cancellation of IVF treatments but has also impacted fertility decisions among couples who had opted for IVF treatment before the pandemic

“The equipment to capture the largest share in in vitro fertilization market, by products during the forecast period.”

The equipment segment is expected to witness the highest growth rate during the forecast period. The high growth in this owes to the increasing number of IVF procedures and introduction of highly advanced IVF equipment by well-established manufacturers in the market.

“The fresh non-donor segment to capture the largest market share of in vitro fertilization market, by the type of cycle in 2021.”

The fresh non-donor segment captured the largest share of the in vitro fertilization market cycles during the forecast period. High success rates, ease in the implantation process, and enhanced embryo production are responsible for the large share of this segment.

“The IVF with ICSI segment registered the highest growth rate of the in vitro fertilization market, by type, in 2021”

The IVF with ICSI segment registered the highest growth rate of the in vitro fertilization market. The success rate of fertilization with ICSI procedure, and the growing utilization of the ICSI during IVF procedure are anticipated to boost the adoption of IVF with ICSI procedures, accelerating the growth of the segment during the forecast period.

“The fertility clinics segment accounted for the largest share of the in vitro fertilization market, by end user, in 2021”

The rising government initiatives to establish fertility clinics, initiatives taken by large international healthcare providers to establish fertility centers, growing popularity of IVF & ICSI treatment globally are some of the factors likely to contribute towards the rapid growth of the segment.

“The Asia Pacific market to grow at the highest CAGR during the forecast period.”

The in vitro fertilization market is segmented into five major regions, namely, North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Rise in medical tourism, growing adoption of assisted reproductive technology, expansion of IVF fertility clinics in the region, increasing prevalence of polycystic ovarian disease (PCOD), improving healthcare expenditure on in vitro fertilization, and initiatives by the government to increase the accessibility of the in vitro fertilization treatment in the emerging nations.

Breakdown of supply-side primary interviews:

By Company Type: Tier 1: 25%, Tier 2: 30%, and Tier 3: 45%
By Designation: C-level: 26%, D-level: 30%, and Others: 44%
By Region: North America: 40%, Europe: 31%, APAC: 20%, Latin America: 6%, and the Middle East & Africa: 3%

Research Coverage

This report studies the global in vitro fertilization market based on the product, cycle, type, end users, and region. The report also studies factors (such as drivers, restraints, opportunities, and challenges) affecting market growth and provides details of the competitive landscape for market leaders. Furthermore, the report analyzes micromarkets with respect to their individual growth trends and forecasts the revenue of the market segments with respect to five major regions (and the respective countries in these regions).

Key Benefits of Buying the Report

This report focuses on various levels of analysis—industry trends, market share of top players, and company profiles, which together form basic views and analyze the competitive landscape, emerging segments of the global in vitro fertilization market, and high-growth regions and their drivers, restraints, opportunities, and challenges. The report will help both established firms as well as new entrants/smaller firms to gauge the pulse of the market and garner greater market shares.

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Table Of Contents

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.2.1 Inclusions & Exclusions Of The Study
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered For The Study
1.4 Currency Used For The Study
1.5 Major Market Stakeholders
1.6 Summary Of Changes

2 Research Methodology
2.1 Research Data
Figure 1 Research Design
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.2 Primary Data
Figure 2 Breakdown Of Primaries: In Vitro Fertilization Market
2.2 Market Estimation Methodology
Figure 3 Research Methodology: Hypothesis Building
2.2.1 Revenue Mapping-Based Market Estimation
2.2.2 Usage -Based Market Estimation
Figure 4 Market Size Estimation: In Vitro Fertilization Market Based On Product Utilization Methodology
Figure 5 Market Size Estimation: In Vitro Fertilization Market Based On Revenue Mapping Methodology
2.2.3 Primary Research Validation
2.3 Data Triangulation
Figure 6 Data Triangulation Methodology
2.4 Research Assumptions
2.5 Research Limitations

3 Executive Summary
Figure 7 In Vitro Fertilization Market, By Product, 2021 Vs. 2026 (Usd Million)
Figure 8 In Vitro Fertilization Market, By Reagents & Media, 2021 Vs. 2026 (Usd Million)
Figure 9 In Vitro Fertilization Market, By Cycle, 2021 Vs. 2026 (Usd Million)
Figure 10 In Vitro Fertilization Market, By Type, 2021 Vs. 2026 (Usd Million)
Figure 11 In Vitro Fertilization Market, By End User, 2021 Vs. 2026 (Usd Million)
Figure 12 Geographical Snapshot Of The In Vitro Fertilization Market

4 Premium Insights
4.1 In Vitro Fertilization Market Overview
Figure 13 Delayed Pregnancy In Women Is Key Growth Driver Of Ivf Market
4.2 In Vitro Fertilization Market, By Product, 2021 Vs. 2026 (Usd Million)
Figure 14 Reagents And Media Segment To Register Highest Growth In In Vitro Fertilization Market During Forecast Period
4.3 In Vitro Fertilization Market, By Type Of Cycle, 2021 Vs. 2026 (Usd Million)
Figure 15 Fresh Non-Donor Segment Holds Largest Share Of In Vitro Fertilization Market
4.4 In Vitro Fertilization Market, By Type, 2021 Vs. 2026 (Usd Million)
Figure 16 Ivf With Icsi Segment To Witness Highest Growth In Forecast Period
4.5 In Vitro Fertilization Market Share, By End User, 2021
Figure 17 Fertility Centers Exhibit Largest Demand For In Vitro Fertilization Products
4.6 Asia Pacific: In Vitro Fertilization Market, By Product And Country (2021)
Figure 18 Equipment Segment Accounted For Largest Share Of In Vitro Fertilization Market In Apac
Figure 19 Apac Market To Witness Highest Growth During Forecast Period (2021–2026)

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 20 Ivf Market: Drivers, Restraints, Opportunities, And Challenges
5.2.1 Drivers
5.2.1.1 Increase In Median Age Of First-Time Mothers
5.2.1.2 Declining Fertility Rate
5.2.1.3 Rising Number Of Fertility Clinics Worldwide
5.2.1.4 Male Infertility On The Rise
5.2.1.5 Growing Rate Of Obesity And Increased Consumption Of Alcohol
5.2.1.6 Technological Advancements And Product Innovation
5.2.1.6.1 Advancements In Ivf Devices
5.2.1.6.2 Growing Use Of Time-Lapse Technology Worldwide
5.2.1.7 Increasing Public-Private Funding
5.2.1.8 Government Initiatives To Promote Ivf Treatments
5.2.2 Restraints
5.2.2.1 High Costs Associated With Ivf Procedures
Table 1 Ivf Costs
5.2.2.2 Restrictive Regulations And Ethical Concerns
5.2.3 Opportunities
5.2.3.1 Growth Opportunities In Emerging Markets
5.2.3.1.1 Increasing Medical Tourism
5.2.3.2 Use Of Fertility Treatment Options By Single Parents And Same-Sex Couples
5.2.4 Challenges
5.2.4.1 Reducing Efficacy Of Infertility Treatment Among Patients With Advancing Age
5.3 Regulatory Landscape
5.3.1 North America
5.3.1.1 Us
5.3.1.2 Canada
5.3.2 Europe
5.3.3 Asia Pacific
5.3.3.1 India
5.3.3.2 Japan
Table 2 Japan: Medical Device Classification Under Pmda
5.4 Covid-19 Impact On The Ivf Market
Figure 21 Six-Month Delay In Ivf - % Reduction In Live Births In 2020
Figure 22 12-Month Delay In Ivf - % Reduction In Live Births
5.5 Value Chain Analysis
Figure 23 Value Chain Of The Ivf Market
5.6 Pricing Trend Analysis
Table 3 Average Price Of Ivf Equipment And Media, By Country, 2020 (Usd)
5.7 Porter’s Five Forces Analysis
Table 4 Ivf Market: Porter’s Five Forces Analysis
5.7.1 Threat Of New Entrants
Figure 24 Threat Of New Entrants
5.7.2 Threat Of Substitutes
Figure 25 Threat Of Substitutes
5.7.3 Bargaining Power Of Suppliers
Figure 26 Bargaining Power Of Suppliers
5.7.4 Bargaining Power Of Buyers
Figure 27 Bargaining Power Of Buyers
5.7.5 Intensity Of Competitive Rivalry
Figure 28 Intensity Of Competitive Rivalry
5.8 Ecosystem Coverage

6 In Vitro Fertilization Market, By Product

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