The global in-vitro fertilization (IVF) market is growing at a significant CAGR of nearly 9.6% during the forecast period. IVF plays a vital role in the health care sector for the treatment of infertility. It is a series of procedures that are used to prevent genetic problems and treat infertility while supporting the conception of a child. Under the IVF procedure, a woman's egg and a man's sperm are combined in a laboratory dish and then it is transferred to a uterus. There is five procedure involved in the IVF procedure such as medication, harvest the eggs, fertilization, embryo culture, and embryo transfer.
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A full cycle of IVF can take about three weeks. It is a primary treatment that is suggested for women with infertility problem above the age of 40. IVF can be done by two fertilization techniques that are insemination and intracytoplasmic sperm injection (ICSI). The devices that are used for this treatment are the special microscope, incubators, ultrasound machines, IVF disposables and other such devices. It can be done if people and their partner have problems such as ovulation disorders, unexplained infertility, endometriosis, uterine fibroids, among other problems.
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An increasing prevalence of infertility is leading to increasing demand for IVF procedure and thereby is driving the market growth. Additionally, the increasing trends of assisted reproductive technology and favorable government initiatives to increase the accessibility of infertility treatment are further driving the growth of the market. However, some factors are restraining the market growth include high cost associated with the treatment, and the risk associated with the IVF treatment such as multiple births, miscarriage, egg-retrieval procedure complications, premature delivery and low birth weight, and ectopic pregnancy, among others. However, the expansion of infertility clinics is offering an opportunity for market growth.
In-Vitro Fertilization (IVF) Market Segmentation
Global IVF Market by Procedure Type
• Frozen Donor
• Frozen Non-Donor
• Fresh Donor
• Fresh Non-Donor
Global IVF Market by Product
• Reagents
• Equipment
• Software
Global IVF Market by End-User
• Hospitals and Research Laboratories
• Fertility Clinics and Surgical Centers
• Others
In-Vitro Fertilization (IVF) Market – Segment by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East and Africa
Company Profiles
• Cook Medical Inc.
• CRITEX GmbH
• Esco Micro Pte Ltd.
• Genea Ltd.
• Hamilton Thorne, Inc.
• Illumina, Inc
• Inventia Genetic Technologies Pty Ltd.
• INVO Bioscience Inc.
• IVFtechApS
• Kitazato Corp.
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