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Growing Infertility Rates Fuel IVF Devices And Consumables Market Expansion Driver: A Major Catalyst in the Evolution of the In Vitro Fertilization (IVF) Devices And Consumables Market in 2025

03-27-2025 09:12 AM CET | Health & Medicine

Press release from: The Business Research Company

In Vitro Fertilization IVF Devices And Consumables

In Vitro Fertilization IVF Devices And Consumables

What combination of drivers is leading to accelerated growth in the in vitro fertilization (ivf) devices and consumables market?
The surge in infertility rates is anticipated to fuel the expansion of the in vitro fertilization (IVF) devices and consumables market. Infertility, defined as the inability to conceive following a year of regular, unprotected sexual activity, or the inability to maintain a pregnancy till birth, is on the rise due to changes in lifestyle, delayed pregnancies, and heightened levels of stress. IVF devices and consumables, comprising tools for egg retrieval, embryo culture, and embryo transfer, are utilized in assisted reproduction techniques to support the fertilization process. They address infertility problems by enabling successful conception and sustaining pregnancies. For instance, the World Health Organization (WHO), a United Nations agency based in Switzerland committed to advancing health, bolstering global security, and aiding the vulnerable, reported in April 2023 that roughly 17.5% of the worldwide adult population, or 1 in 6 people, suffer from infertility at certain points in their lives. Moreover, in the U.S., it's reported that nearly 11% of women and 9% of men of reproductive age grapple with infertility. In particular, close to 19% of heterosexual women aged between 15 and 49 who have never given birth face infertility, while 6% of married women within this age bracket deal with infertility obstacles. Consequently, the escalation in infertility rates is propelling the growth of the in vitro fertilization (IVF) devices and consumables market.

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What is the projected compound annual growth rate (CAGR) of the in vitro fertilization (ivf) devices and consumables market from 2025 to 2034, and what factors influence it?
The market for in vitro fertilization (IVF) devices and consumables has experienced rapid expansion in the recent past. The market which was worth $2.66 billion in 2024, is projected to grow to a value of $3.1 billion in 2025, reflecting a compound annual growth rate (CAGR) of 16.7%. The surge in growth during the historical period can be accredited to factors such as rising infertility rates, escalating awareness and acceptance of IVF treatments, increase in the number of gamete donations, expanded government backing and subsidies for infertility treatments, and a growing trend of delayed pregnancies.

The market for in vitro fertilization (IVF) devices and consumables is projected to experience significant growth in the coming years, ballooning to a value of $5.67 billion in 2029, with a compound annual growth rate (CAGR) of 16.3%. Factors prompting this expected growth during the forecast period include the increasing adoption of minimally invasive procedures, the expansion of the healthcare infrastructure, the surge in fertility clinic extensions, an increased use of personalized and precision medicine in reproductive health, and a rise in disposable incomes. Key trends for this forecast period involve the incorporation of artificial intelligence and machine learning technologies, the creation of innovative IVF devices and consumables, advancements in IVF technology such as preimplantation genetic testing and cryopreservation methods, improved treatments for infertility, and sophisticated genetic screening.

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How are the latest trends influencing the growth of the in vitro fertilization (ivf) devices and consumables market?
Leading corporations in the in vitro fertilization (IVF) devices and consumables sector are turning their attention to the creation of novel products, such as benchtop incubators for IVF clinics, to further improve the success rates and efficiency of embryo culture, and hence, the patient outcomes. A benchtop incubator for IVF clinics is a highly specialized device made to establish a regulated environment needed for the growth and development of embryos during in vitro fertilization procedures. These incubators are of paramount importance for setting the exact conditions needed for embryo growth, including temperature, humidity, and gaseous composition, like levels of oxygen and carbon dioxide. For illustration, Cook Group Incorporated, an American medical device corporation, introduced the MINC+TM Benchtop Incubator in May 2022. This advanced version of the widely adopted MINC Mini Incubator was created for IVF clinics in the US and Canada. The new MINC+ system incorporates updated features based on user experience feedback to offer a better experience to clinical embryologists. It comes with the DishTrace platform that fuses touchscreen and computer software functionalities for superior dish-data management. This setup allows tracking culture dishes' movement in and out of the incubator, observing up to 50 MINC+ incubators at the same time, and producing graphical histories and reports on the activities of the MINC+.

What are the major segments of the in vitro fertilization (ivf) devices and consumables market and their role in driving growth?
The in vitro fertilization (IVF) devices and consumables market covered in this report is segmented -

1) By Product: Instruments, Accessories And Disposables, Reagents And Media
2) By Technology: Fresh Embryo In Vitro Fertilization (IVF), Frozen Embryo In Vitro Fertilization (IVF), Donor Egg In Vitro Fertilization (IVF)
3) By End User: Fertility Clinics, Hospitals, Surgical Centers, Clinical Research Institutes

Subsegments:
1) By Instruments: IVF Microscopes, Incubators, Sperm Analyzers, Embryo Transfer Catheters
2) By Accessories and Disposables: Petri Dishes, Pipettes, Culture Plates, Cryopreservation Vials
3) By Reagents and Media: Culture Media, Cryopreservation Media, Sperm Wash Solutions, Ovum Retrieval Solutions

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Which regions are key players in the growth of the in vitro fertilization (ivf) devices and consumables market?
North America was the largest region in the in vitro fertilization (IVF) devices and consumables market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the in vitro fertilization (IVF) devices and consumables market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the key firms paving the way for growth in the in vitro fertilization (ivf) devices and consumables market?
Major companies operating in the in vitro fertilization (IVF) devices and consumables market are Thermo Fisher Scientific Inc., Merck KGaA, FUJIFILM Holdings Corporation, CooperSurgical Inc., Cook Medical Inc., Progyny Inc., Vitrolife AB, Esco Micro Pte. Ltd., Hamilton Thorne Ltd., Nantong Egens Biotechnology Co. Ltd., Genea Biomedx Pty Ltd., Kitazato Corporation, Fertility Center of Illinois, Rocket Medical PLC, Gynemed GmbH & Co. KG, Gynotek Ltd., Biocell Enterprise LLC, Laboratoire CCD, Invitrocare Ltd., Nidacon International AB

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What Is Covered In The In Vitro Fertilization (IVF) Devices And Consumables Global Market Report?

•Market Size Forecast: Examine the in vitro fertilization (ivf) devices and consumables market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the in vitro fertilization (ivf) devices and consumables market for a structured understanding.
•Key Players Overview: Analyze major players in the in vitro fertilization (ivf) devices and consumables market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the in vitro fertilization (ivf) devices and consumables market.
•Segment Contributions: Evaluate how different segments drive overall growth in the in vitro fertilization (ivf) devices and consumables market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the in vitro fertilization (ivf) devices and consumables market.
•Industry Challenges: Identify potential risks and obstacles affecting the in vitro fertilization (ivf) devices and consumables market.
•Competitive Landscape: Review strategic developments in the in vitro fertilization (ivf) devices and consumables market, including expansions, agreements, and new product launches.

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