In Vitro Fertilization Market: Global IVF Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012-2016 and Forecast 2017-2023

Global In Vitro Fertilization Market: In vitro fertilization (IVF) is a process where eggs (ovum) from ovary of a woman are taken and fertilized with sperm in laboratory method, and then embryo (fertilized egg) is sent back to uterus of the woman. In vitro fertilization is one of the many possible ways to enhance the chance to infertile couple to get pregnancy. IVF usage is depended upon the reasons for the infertility. IVF can be as an option in case of endometriosis or fallopian tube blockage in woman or in case of poor quality or low sperm count in man. There are many other treatments for this condition like surgery which can be tried prior to IVF. IVF does not work for woman who do not have ovulating capability or the men who unable to produce proper count of healthy sperms.

Increasing in number of delayed pregnancy cases among the women, growing awareness regarding consequences of infertility, and availability of favourable reimbursement policies, increase technological advancements in IVF process such as capsule in vitro fertilization and embryoscope, growing medical tourism globally are expected to accelerate the demand for invitro fertilization market. Rise in fertility disorders and gynaecological diseases, increased focus on the innovation of IVF technologies by the clinical research centres, are the factors which are boosting the growth of the global IVF market. However, huge requirements of budget and time to run IVF procedures, difficulty in maintaining the IVF procedure, risk of multiple conceives by women, ethical issues regarding gender selection, lack of awareness about issues regarding infertility in under-developed countries are expected to hamper the global IVF market growth.

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The InVitro Fertilization Market is classified on the basis of instruments, reagents and consumables, technique, end user and geography.

Based on instrument, the InVitro Fertilization Market is segmented into the following

• Cryosystem
• Ovum aspiration pump
• Incubators
• Sperm separation system
• Imaging system
• Micro manipulator

Based on reagents and consumables, the global InVitro Fertilization (IVF) Market market is segmented into the following

• Semen processing media
• Cryopreservation media
• Embryo culture media
• Ovum processing media

Based on Technique, the global InVitro Fertilization (IVF) Market market is segmented into the following

• Donor egg IVF technique
• Frozen Embryo Transfer
• Fresh embryo transfer

Based on end user, the global InVitro Fertilization (IVF) Market market is segmented into the following

• Hospitals
• Fertility clinics
• Clinical research institutes
• Surgical centers

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Global invitro fertilization market expected to grow at tremendous growth rate due to surge in infertility cases across the globe owing to the high prevalence of the infertility diseases globally. As per Centre for Disease Control and Prevention, around 6 Mn women are suffering with infertility problems in U.S. National Health Service (NHS) also reported that about 3 Mn women are suffering with infertility in UK owing to irrregular ovulation, fallopian tubes blockade & endometriosis. Favourable government initiatives have expected to create awareness of innovative IVF technologies. For instance, in India, Bhartiya Mahila Bank & New India Assurance joined together to offer insurance plan for the infertility treatments irrespective of financial status of individual. Which are attracting the infertile couple to adopt IVF, which in turn, boosts the IVF market growth. Expansion of the players in the market are also boosting the growth of the IVF market growth for exemplar, in 2015 November has PALASH launched an innovative unit called as PALASH IVF Solutions Pvt. Ltd.

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Based on the geographical regions, IVF devices market is segmented as Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. Increased population with infertility issues, rise in the adoption of advanced IVF technologies over the traditional infertility treatments and availability of favourable insurance coverage for the IVF in some of the U.S. states like New Jersey, New York, Maryland etc. are the factors which are bolstering the North America to be as the dominating market in IVF market. Asia Pacific region is anticipated to show fastest growth rate IVF owing to the factors like high maternal age in Japan, one child policy abolishment in China, increased tourism in fertility in India & Thailand, increase in adoption of surrogacy are propelling the market growth in Asia Pacific countries.

Some of the players in the IVF market are Vitrolife AB (Sweden), Cooper Surgical, Inc. (U.S.), Cook Medical, Inc. (U.S.), Thermo Fisher Scientific, Inc. (U.S.), Irvine Scientific (U.S.), Genea Limited (Australia), EMD Serono, Inc. (U.S.) and IVFtech ApS (Denmark).

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