Press release
IVF Devices and Consumables Market Poised for Holistic Expansion with Significant CAGR by 2024-2031 | Cook Medical Inc., IVF Store, Fujifilm Holdings Corporation.
IVF Devices and Consumables Market is the focal point of DataM Intelligence's latest market research report, offering a comprehensive analysis of this dynamic sector. This in-depth study goes beyond a basic overview, exploring the intricate dynamics that shape the market. By examining regional trends, demand patterns, and potential breakthroughs, DataM Intelligence aims to empower businesses and stakeholders with valuable insights for navigating the evolving landscape. The insights from this report can illuminate pathways for informed decision-making and drive strategic growth in IVF Devices and Consumables Market.Will the IVF Devices and Consumables Market become the sector's next big opportunity? To find out, delve into the analysis and projections for IVF Devices and Consumables Market. This market research study offers in-depth insights into the opportunities, challenges, and trends currently shaping the machinery landscape, enabling industry participants to make informed decisions in a dynamic environment. Take advantage of the opportunity in the IVF Devices and Consumables Market! (2031)
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The IVF Devices and Consumables Market size was valued USD 2,147 million in 2023 and is estimated to reach USD 19,844.83 billion by 2031, growing at a CAGR of 21.7% during the forecast period (2024-2031).
Key Growth Drivers in IVF Devices and Consumables Market:
Increasing global infertility rates, along with rising technological advancements, are expected to significantly drive market growth in the IVF devices and consumables sector.
The growing prevalence of infertility is one of the key factors propelling the market forward. According to the World Health Organization (WHO), in 2019, approximately 48.5 million couples and 186 million individuals worldwide faced challenges in conceiving. The data reveals that 1.9% of women aged 20-44 who desired a child were unable to achieve their first live birth, and 10.5% of women who had previously given birth struggled to conceive again after five years of trying.
In addition to these demographic factors, the increasing incidence of sexually transmitted diseases also contributes to the rising infertility rates. Furthermore, advancements in IVF technology, including improvements in device efficacy and treatment methods, are enhancing the success rates of assisted reproductive technologies. Together, these trends are expected to fuel significant growth in the IVF devices and consumables market.
DataM Intelligence profiles some of the most reputed organizations present in the IVF Devices and Consumables market. They are as follows:
Cook Medical Inc., IVF Store, Fujifilm Holdings Corporation, Merck KGaA, Millendo Therapeutics, Inc., Oxford Gene Technology, Progyny Inc., The Cooper Companies, Inc. (CooperSurgical, Inc.), Thermo Fisher Scientific, Inc., and Vitrolife AB.
Segment Covered in the IVF Devices and Consumables Market:
By Product: Instruments, Reagent & Media, Accessories.
By Technology: Fresh Embryo IVF, Frozen Embryo IVF, Donor Egg IVF.
By End User: Fertility Clinic, Hospital, Surgical Centers, Others.
Regional Analysis:
The global IVF Devices and Consumables Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
Key Developments
In July 2021, Vitrolife AB announced its acquisition of Igenomix S.L., successfully acquiring 100% of the shares from EQT, further strengthening its position in the fertility sector.
By December 2021, Cooper Companies completed its acquisition of Generate Life Sciences, a company specializing in providing donor eggs and sperm for fertility cryopreservation and treatments, expanding its offerings in reproductive health.
In July 2022, Fujifilm Holdings Corporation launched a new product, embryo culture heavy oil. This mineral oil is designed to ensure sterility and optimal viscosity, striking the perfect balance between protection and usability for embryo handling.
Additionally, in June 2022, Fujifilm Irvine announced that it had licensed intellectual property related to artificial intelligence for evaluating human embryos through imaging techniques, showcasing its commitment to advancing reproductive technology.
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Regional Analysis:
The global IVF Devices and Consumables Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The IVF Devices and Consumables Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Points Covered:
⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, IVF Devices and Consumables market segments, study objectives, and years considered.
⏩ Market Landscape: The competition in the Global IVF Devices and Consumables Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.
⏩ Companies Profiles: The global IVF Devices and Consumables market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.
⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.
⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the IVF Devices and Consumables Market.
⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.
⏩ Research Findings: This section of the report showcases the findings and analysis of the report.
⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.
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FAQ's
Q.1. What are the primary drivers of the IVF Devices and Consumables Industry?
Q.2. What are the main factors propelling and impeding the growth of the IVF Devices and Consumables market?
Q.3. What are the general structure, risks, and opportunities of the market?
Q.4. How do the prices, revenue, and sales of the leading IVF Devices and Consumables market firms compare?
Q.5. What are the main segments of the market and how is it divided up?
Q.6. Which companies dominate the market, and what percentage of the market do they control?
Q.7. What trends are influencing the IVF Devices and Consumables market now and in the future?
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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