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Egg Freezing And Embryo Banking Market Size Forecasted To Achieve $7.51 Billion By 2029 With Steady Growth
The Egg Freezing And Embryo Banking Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Egg Freezing And Embryo Banking Market Size and Projected Growth Rate?
The egg freezing and embryo banking market has expanded swiftly in recent years. It is set to grow from $3.91 billion in 2024 to $4.46 billion in 2025, at a CAGR of 14.2%. Historical growth has been driven by increasing fertility challenges, broader insurance coverage, rising demand for donor eggs, and the popularity of social egg freezing gatherings.
The egg freezing and embryo banking market size is set to experience swift growth in the coming years. It is expected to increase to $7.51 billion by 2029, at a compound annual growth rate (CAGR) of 13.9%. This growth can be attributed to the growing popularity of elective fertility preservation, advancements in research and genetic screening, educational outreach efforts, and an increasing number of women turning to IVF solutions. Notable upcoming trends include innovative product development, industry partnerships, and a surge in R&D activities.
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What Are the Major Segments in the Egg Freezing And Embryo Banking Market?
The egg freezing and embryo banking market covered in this report is segmented -
1) By Type: Donor, Non-donor
2) By Preservation: Egg Freezing, Embryo Freezing
3) By Application: Under 30 Year Old Female, Above 30 Year Old Female
4) By End Users: Fertility Centers, Hospitals, Cryo Banks, Other End Users
Subsegments:
1) By Donor: Egg Donation, Embryo Donation
2) By Non-donor: Egg Freezing, Embryo Freezing
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What Are The Driving Egg Freezing And Embryo Banking Market Evolution?
The rise of social freezing is expected to drive the growth of the egg-freezing and embryo banking markets. Social freezing involves women undergoing ovarian stimulation, egg retrieval, and freezing for non-medical reasons, primarily to preserve fertility for later in life due to personal, educational, or career reasons. This practice is growing, as it offers women the option to make family planning decisions on their own terms. For example, in March 2022, the National Library of Medicine reported that 167 women underwent 184 social egg freezing cycles, with a mean age of 37.1 years. The average number of eggs frozen per cycle was 9.5, and 16% of these women later returned to use their frozen eggs. The growing trend of social freezing is thus driving the market for egg-freezing and embryo banking.
Which Firms Dominate The Egg Freezing And Embryo Banking Market Segments?
Major companies operating in the egg freezing and embryo banking market are Mayo Clinic, Cleveland Clinic Fertility Center, The Cooper Companies Inc., Reproductive Medicine Associates Network LLC, Shady Grove Fertility, Virtus Health Limited, Monash IVF Group Limited, Kindbody Inc., Carrot Fertility Inc., CREATE Fertility Limited, New England Cryogenic Center Inc., CCRM Management Company LLC, Reproductive Biology Associates LLC, Genea Limited, WINFertility Inc., California Cryobank Inc., Fairfax Cryobank Inc., Institut Marquès, Extend Fertility Medical Practice PLLC, The London Women's Clinic Limited, Kitazato Corporation, ReproTech LLC, IVF Australia, CHA Medical Group Inc., West Coast Fertility Centers Inc.
What Trends Are Expected to Dominate the Egg Freezing And Embryo Banking Market in the Next 5 Years?
Key players in the egg-freezing and embryo banking sectors are honing their focus on the creation of advanced fertility preservation banks to provide all-inclusive solutions for fertility preservation. Preservation Bank is an innovative approach that offers intended parents frozen donor eggs, presenting a viable substitute to the traditional use of fresh eggs. An illustration of this is the launch of Pinnacle Egg Bank by Pinnacle Fertility, a leading fertility services provider based in the US, in March 2023. This launch was designed to amplify the availability of egg donor options across the nation. Pinnacle Egg Bank provides an array of distinct features including the provision of high-quality frozen donor eggs, a detailed screening protocol for potential egg donors, extensive knowledge and experience in egg donation and cryopreservation, a smooth, all-inclusive journey for patients, and success rates that are on par with the use of fresh eggs.
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Which Is The Largest Region In The Egg Freezing And Embryo Banking Market?
Europe was the largest region in the egg freezing and embryo banking market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the egg freezing and embryo banking market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Egg Freezing And Embryo Banking Market?
2. What is the CAGR expected in the Egg Freezing And Embryo Banking Market?
3. What Are the Key Innovations Transforming the Egg Freezing And Embryo Banking Industry?
4. Which Region Is Leading the Egg Freezing And Embryo Banking Market?
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