The In Vitro Fertilization Market is Expected to Witness a CAGR of 11.2% during the Forecast Period to Reach Revenue of $21.5 billion by 2024

Bangalore, India, October 26, 2018: With its recently published study “Global In Vitro Fertilization Market – Drivers, Restraints, Opportunities, Trends, and Forecast up to 2024”, Infoholic Research forecasts that the global market for in vitro fertilization will continue to grow owing to the increasing initiation from the government to promote IVF treatment, growing awareness among the public about fertility and accessible treatment options, late pregnancies, and reducing fertility rates.

The global in vitro fertilization market, by cycle type, is segmented into fresh IVF cycles (non-donor), thawed IVF cycles (non-donor), and donor IVF cycles. Fresh IVF cycles segment occupied a significant market share in 2017 and is expected to grow at a high CAGR during the forecast period due to the increased success rate in the first attempt.

Europe is the major shareholder in the global in vitro fertilization market, followed by North America. Increasing demand for assisted reproductive technology procedures and smooth implementation of advanced technology make Europe a dominant shareholder. Whereas, Asia Pacific is the fastest growing market due to increasing fertility tourism, upsurge in awareness, and acceptance of the technology.

The in vitro fertilization market is witnessing growth, and key market vendors are focusing more on acquisition, collaboration, and launch of innovative products to enhance their portfolio. For instance, The Cooper Companies Inc., in April 2018, acquired the assets of The LifeGlobal Group and its affiliates, the foremost global provider of IVF devices, for approximately $125 million. The market is expected to grow at the highest CAGR due to increasing government initiation to promote assisted reproductive technology and upsurge in fertility tourism.” – Arpitha Shetty, Research Analyst, Infoholic Research

Key insights of the report include:

  • Products:
    • By Reagents
      • Embryo Culture Media
      • Cryopreservation Media
      • Sperm Processing Media
      • Ovum Processing Media
    • By Instruments
      • Imaging Systems
      • Sperm Separation Systems
      • Ovum Aspiration Pumps
      • Micromanipulator Systems
      • Incubators
      • Cryosystems
      • Others
  • Cycle Type:
    • Fresh IVF Cycles (Non-donor)
    • Thawed IVF Cycles (Non-donor)
    • Donor IVF Cycles
  • End-users:
    • Hospital & Research Laboratories
    • Fertility and Surgical Centers
    • Cryobanks
  • Regions:
    • North America
    • Europe
    • Asia Pacific
    • Rest of the World
  • Industry outlook:
    • Market trends,
    • drivers,
    • restraints, and
    • opportunities

Contact:
Ms. Sunanda Ganguli
Infoholic Research LLP
IND: 080-461-51400
USA: 1-661-210-1186
sunanda@infoholicresearch.com

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