Global Egg Freezing And Embryo Banking Market: Major Drivers Reshaping the Future of the Industry

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What Will the Egg Freezing And Embryo Banking Industry Market Size Be by 2025?
The market encompassing egg preservation and embryo storage has experienced swift expansion lately, projected to escalate from a value of $3.91 billion in 2024 to $4.45 billion the following year, reflecting a compound annual growth rate of 13.9%; this upward trajectory during the preceding timeframe is linked to the prevalence of fertility challenges, broader inclusion in insurance plans, the heightened need for eggs from donors, and the emergence of social gatherings centered around egg freezing.

What's the Long-Term Growth Forecast for the Egg Freezing And Embryo Banking Market Size Through 2029?
Anticipation is high for substantial expansion within the egg preservation and embryo storage sector over the upcoming years, with projections indicating the market valuation will reach $7.28 billion by 2029, driven by a consistent compound annual growth rate (CAGR) of 13.1%. This upward trajectory through the predicted timeframe stems from several key drivers, such as the growing acceptance of elective egg freezing, augmented investment in research and development activities, the widespread adoption of preimplantation genetic testing, heightened promotional and educational campaigns, alongside a greater number of females being compelled to utilize in vitro fertilization treatments. Significant developments shaping the outlook during this period are characterized by groundbreaking product advancements, strategic collaborations among industry players, and ongoing efforts in scientific exploration and development.

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What Are the Key Growth Drivers Fueling the Egg Freezing And Embryo Banking Market Expansion?
Anticipated upward momentum in social egg freezing procedures is projected to stimulate expansion within the egg-freezing and embryo banking sectors moving ahead. Social freezing fundamentally describes the procedure where a female subject undergoes hormonal stimulation of the ovaries, subsequent egg harvesting, and preservation of those eggs solely for elective, rather than medically necessary, purposes. The increasing inclination towards social freezing stems from women seeking to safeguard their reproductive capacity, thereby retaining the capability to conceive at a later juncture, frequently motivated by professional pursuits, academic endeavors, the absence of a suitable partner, or achieving financial security. Both egg preservation and embryo custody services are integral components of this trend, furnishing individuals with the means to safeguard their fertility and reproductive choices without immediate medical necessity, empowering them to dictate their family timing strategies proactively. To illustrate this trend, data from March 2022, cited by the US government entity known as the National Library Of Medicine, showed that an aggregate of 167 women participated in 184 cycles dedicated to elective egg freezing; the typical age at which the preservation occurred was 37.1 years, with an average yield of 9.5 oocytes recovered per session, and notably, 16 percent of these women eventually utilized their stored eggs. Consequently, the escalating demand for social freezing directly fuels expansion within the markets dedicated to egg freezing and associated embryo banking services.

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What Are the Key Trends Driving Egg Freezing And Embryo Banking Market Growth?
Key players within the market segment dedicated to egg and embryo storage are concentrating their efforts on engineering novel fertility preservation repositories designed to deliver holistic services for securing future fertility. A Preservation Bank represents a mechanism that furnishes intended parents with a supply of cryopreserved eggs from donors, establishing a viable substitute for relying on freshly harvested oocytes. As an illustration, in the third month of 2023, the American organization known as Pinnacle Fertility, a provider of fertility treatments, introduced the Pinnacle Egg Bank with the objective of broadening the availability of egg donor choices across the entire country. This pioneering offering, the Pinnacle Egg Bank, is distinguished by several distinct advantages, including entry to premium-grade frozen donor eggs, a rigorous vetting procedure applied to egg contributors, specialized knowledge in both the donation process and the technique of cryopreservation, a patient pathway that is both efficient and cohesive, and success metrics equivalent to those achieved with fresh egg cycles.

How Is the Egg Freezing And Embryo Banking Market Segmented?
The egg freezing and embryo bankingmarket 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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Which Companies Are Leading the Charge in Egg Freezing And Embryo Banking Market Innovation?
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.

Which Regions Are Leading the Global Egg Freezing And Embryo Banking Market in Revenue?
Europe was the largest region in the egg freezing and embryo banking market in 2024. 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.

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