Global IVF Devices Market 2024-2028

Global IVF Devices Market 2024-2028

The IVF devices market is forecasted to grow by USD 411.62 mn during 2023-2028, accelerating at a CAGR of 7.67% during the forecast period. The report on the IVF devices market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the rising prevalence of late parenthood, an increase in fertility tourism, and increasing genetic testing.

Technavio's IVF devices market is segmented as below:

By Product

• Culture media and reagents
• Accessories and disposables
• Instruments

By End-user

• Fertility clinics
• Hospitals
• Research centers

By Geographical Landscape

• North America
• Europe
• Asia
• Rest of World (ROW)

This study identifies the rapid technological advancements of IVF procedures as one of the prime reasons driving the IVF devices market growth during the next few years. Also, emergence of set and advancements in cryopreservation will lead to sizable demand in the market.

The report on the IVF devices market covers the following areas:

• IVF devices market sizing
• IVF devices market forecast
• IVF devices market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading IVF devices market vendors that include ASTEC CO. Ltd., Cook Group Inc., Cryotech, Esco Micro Pte. Ltd., FUJIFILM Corp., Genea Ltd., Gynotec BV, Hamilton Thorne Ltd., KITAZATO Corp., LabIVF Asia Pte Ltd., Merck and Co. Inc., NidaCon International AB, Nikon Corp., Progyny Inc., Rocket Medical Plc, The Cooper Companies Inc., Thermo Fisher Scientific Inc., and Vitrolife AB. Also, the IVF devices market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth