IVF Time-Lapse Imaging Devices Market Growing Demand for Infertility Treatment Devices

According to Precision Business Insights (PBI), the latest report, the IVF Time-Lapse Imaging Devices market is expected to be valued at USD 314.6 million in 2022 and is poised to grow at a significant CAGR of 21.2% over 2022-2028. The primary driver of the expansion of the global IVF Time-Lapse Imaging Devices market comprises the rise in infertility cases due to changes in lifestyles like increased intake of alcohol, and lack of physical activities.

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Fertility Clinics Segment to Dominate the IVF Time-Lapse Imaging Devices Market:
The fertility clinics segment dominated the market for IVF time-lapse imaging devices and held the largest revenue share due to the growing preferences for clinics for IVF treatments. As per the studies of the Department of Health and Human Services, around 12 to 13 couples out of every 100 have difficulty to natural conceiving. Hence, with the continuous rise of infertility, people are moving towards IVF services, which is fuelling the market growth. The hospitals and other settings segment are expected to witness the fastest growth in the IVF time-lapse imaging devices market over the forecast period. Also, the growing incidence of infertility, rapid adoption of reproductive technologies in hospitals, the steadily progressing healthcare infrastructure, and the increasing availability of well-established infrastructure are the significant factors driving the market growth.

Europe IVF Time-Lapse Imaging Devices Market:
The Europe market is expected to increase in the global IVF Time-Lapse Imaging Devices market over the forecast period. The Europe market is expanding due to accounting for a high incidence of rising cases of infertility-related issues. Moreover, to the latest governmental rules in European countries. Like as, France's government passed a law that permits a single woman to have full rights to opt for medically assisted reproduction. This new regulation is expected to expand the market by increasing the adoption of these fertility treatments like artificial insemination and IVF treatments. Asia Pacific market is anticipated to witness a considerable growth rate in the forecast period owing to its growing population and raising awareness regarding IVF treatments among people.

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Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players:
The global IVF Time-Lapse Imaging Devices market further reveals that the key players are increasingly adopting strategies such as the launch of newer products, product launches, and long-term alliances to improve market revenue share and gain significant geographic presence across the region. For instance, In Dec 2021, Multiply an IVF-tech start-up launched its AI-based platform that will replace conventional processes in IVF clinics. In June 2021, China launched a blockchain-based IVF treatment.

The IVF Time-Lapse Imaging Devices market is segmented based on application, end user, and geography.
Based on the application, the market is segmented into the following:
• Treatment Applications
• Research Applications

Based on the end user, the market is segmented into the following:
• Hospitals and Other Settings
• Fertility Clinics

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Key players' profiles in the IVF Time-Lapse Imaging Devices market report are Genea Biomedx PYT LTD., Vitrolife Sweden AB, Esco Medical Technologies UAB, and ASTEC CO., LTD.

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