In Vitro Fertilization Report: Trends, Forecast and Competitive Analysis to 2030
In Vitro Fertilization Trends and Forecast
The future of the global in vitro fertilization market looks promising with opportunities in the fertility clinic and hospital markets. The global in vitro fertilization market is expected to reach an estimated $33.4 billion by 2030 with a CAGR of 5.2% from 2024 to 2030. The major drivers for this market are growing awareness of infertility and various therapies available in the industry, rise in the infertility rates as a result of lifestyle changes along with increasing usage of preimplantation genetic screening or diagnosis in the healthcare sector.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
In Vitro Fertilization by Segment
The study includes a forecast for the global in vitro fertilization by product, type, end use industry, and region
In Vitro Fertilization Market by Product [Shipment Analysis by Value from 2018 to 2030]:
- Capital Equipment
- Culture Media
- Disposable Devices
In Vitro Fertilization Market by Type [Shipment Analysis by Value from 2018 to 2030]:
- Fresh Non-Donors
- Frozen Non-Donors
- Fresh Donors
- Frozen Donors
In Vitro Fertilization Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
- Fertility Clinics
- Hospitals & others
In Vitro Fertilization Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of In Vitro Fertilization Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies in vitro fertilization companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the in vitro fertilization companies profiled in this report include-
- Coopersurgical
- Vitrolife
- Cook Medical
- Irvine Scientific
- Thermo Fisher Scientific
- Emd Sereno
- Genea Limited
- Esco Micro
- Ivftech
- The Baker Company
In Vitro Fertilization Market Insights
Lucintel forecast that frozen non-donor will remain the largest segment over the forecast period due to its cost-effectiveness as compared to fresh non-donor and less-invasive nature of the procedure.
Within this market, fertility clinics will remain the larger segment over the forecast period due to growing demand for ART treatments, increasing number of fertility clinics, and rising government intiatives to set up new fertility clinics.
APAC will witness the highest growth over the forecast period due to large number of population base in economies like China and India, growing awareness of IVF treatment, and rising number of infertile people in the region.
Features of the Global In Vitro Fertilization Market
Market Size Estimates: In vitro fertilization market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: In vitro fertilization market size by various segments, such as by product, type, end use industry, and region in terms of value ($B).
Regional Analysis: In vitro fertilization market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, types, end use industries, and regions for the in vitro fertilization market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the in vitro fertilization market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the in vitro fertilization market size?
Answer: The global in vitro fertilization market is expected to reach an estimated $33.4 billion by 2030.
Q.2 What is the growth forecast for in vitro fertilization market?
Answer: The global in vitro fertilization market is expected to grow with a CAGR of 5.2% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the in vitro fertilization market?
Answer: The major drivers for this market are growing awareness of infertility and various therapies available in the industry, rise in the infertility rates as a result of lifestyle changes along with increasing usage of preimplantation genetic screening or diagnosis in the healthcare sector.
Q4. What are the major segments for in vitro fertilization market?
Answer: The future of the in vitro fertilization market looks promising with opportunities in the fertility clinic and hospital markets.
Q5. Who are the key vitro fertilization market companies?
Answer: Some of the key in vitro fertilization companies are as follows:
- CooperSurgical
- Vitrolife
- Cook Medical
- Irvine Scientific
- Thermo Fisher Scientific
- EMD Sereno
- Genea Limited
- Esco Micro
- IVFtech
- The Baker Company
Q6. Which in vitro fertilization market segment will be the largest in future?
Answer: Lucintel forecast that frozen non-donor will remain the largest segment over the forecast period due to its cost-effectiveness as compared to fresh non-donor and less-invasive nature of the procedure.
Q7. In in vitro fertilization market, which region is expected to be the largest in next 5 years?
Answer: APAC will witness the highest growth over the forecast period due to large number of population base in economies like China and India, growing awareness of IVF treatment, and rising number of infertile people in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the in vitro fertilization market by product (capital equipment, culture media, and disposable devices), type (fresh non-donors, frozen non-donors, fresh donors, and frozen donors), end use industry (fertility clinics and hospitals & others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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