Vietnam In Vitro Fertilization (IVF) Market, By Technique (ICSI IVF v/s Non-ICSI/ Traditional IVF), By Product (IVF Culture Media, ICSI Machine, IVF Incubators, Cryo-system, Others), By Donor (Fresh Non-donor, Frozen Non-donor, Fresh Donor, Frozen Donor),

Vietnam In Vitro Fertilization (IVF) Market, By Technique (ICSI IVF v/s Non-ICSI/ Traditional IVF), By Product (IVF Culture Media, ICSI Machine, IVF Incubators, Cryo-system, Others), By Donor (Fresh Non-donor, Frozen Non-donor, Fresh Donor, Frozen Donor), By Infertility (Male v/s Female), By Embryo (Fresh Embryo v/s Frozen-thawed Embryo), By End User (Fertility Clinics, Hospitals, Others), By Region, Competition Forecast & Opportunities, 2027

Vietnam in vitro fertilization (IVF) market is projected to grow at a significant rate during the forecast period, 2023-2027. The market growth can be attributed to the rising demand for artificial insemination and higher cases of infertility among the population. Besides, increasing number of foreign patients in demand for IVF treatments since the medical procedure is illegal in many countries.

In vitro fertilization is an artificial method designed for the conception of pregnancy. When the female is unable to bear a child through natural processes or if the male’s sperm has low motility rate, then IVF treatment serve as a potential solution for the couple to conceive a baby. In this procedure, sperm and ovum samples are collected, and suitable artificial environment in lab is created to fuse both the cells together. Once the fertilization occurs outside the body, the embryo is then implanted into female (same mother or surrogate mothers) and the baby is born after its complete build up in 36-42 weeks.

Compared to other methods of artificial insemination like intrauterine insemination (IUI), the in-vitro fertilization has high success rate. Also, the procedure offers more opportunities for infertile couples whose real cause of infertility cannot be determined. The success rates of in vitro fertilization in the country are about 35-40%. In the year 2020, approximately 69% of the population were aged between 15-69 years.

The most fertile age group for women is 25 to 29 years old, with 135.1 births per 1,000 women. Doting parents are encouraged to spend in the treatment because of the higher success percentage of the procedure. Additionally, the advanced and assisted intra cytoplasmic sperm injection (ICSI) approach is a more effective method, which is good for patients who have low sperm counts or sperm of poor quality. Better procedure success verifies the population's preferences, which encourages the growth of the Vietnam in vitro fertilization (IVF) market during the next five years.

The Vietnam in vitro fertilization (IVF) market is segmented by technique, product, donor, infertility, embryo, end user, competitional landscape, and regional distribution. Based on the technique, the market is divided into ICSI IVF and Non-ICSI/ Traditional IVF. The ICSI IVF technique is expected to register the highest growth in the market during the forecast period, owing to the higher success rate of the procedure.

Market players operating in the Vietnam in vitro fertilization (IVF) market are Hong Ngoc IVF Center, Central Obstetrics Hospital, An Sinh Hospitals, Hai Pong International Hospital, Saigon Hospital, among others.

Years considered for this report:

Historical Years: 2017-2020

Base Year: 2021

Estimated Year: 2022E

Forecast Period: 2023F–2027F

Objective of the Study:

• To analyze the historical growth in the market size of the Vietnam in vitro fertilization (IVF) market from 2017 to 2021.
• To estimate and forecast the market size of Vietnam in vitro fertilization (IVF) market from 2022E to 2027F and growth rate until 2027F.
• To classify and forecast the Vietnam in vitro fertilization (IVF) market based on technique, product, donor, infertility, embryo, end user, region, and company.
• To identify the dominant region or segment in the Vietnam in vitro fertilization (IVF) market.
• To identify drivers and challenges for the Vietnam in vitro fertilization (IVF) market.
• To examine competitive developments such as expansions, mergers & acquisitions, etc., in the Vietnam in vitro fertilization (IVF) market.
• To identify and analyze the profiles of leading players operating in the Vietnam in vitro fertilization (IVF) market.
• To identify key sustainable strategies adopted by market players in Vietnam in vitro fertilization (IVF) market.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of companies across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the companies, which could not be identified due to the limitations of secondary research. TechSci Research analyzed the presence of all major players across the country.

TechSci Research calculated the market size of the Vietnam in vitro fertilization (IVF) market using a bottom up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these services for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

• Market research and consulting firms
• Government bodies such as regulating authorities and policy makers
• Organizations, forums, and alliances

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Vietnam in vitro fertilization (IVF) market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Vietnam In Vitro Fertilization (IVF) Market, By Technique:
• ICSI IVF
• Non-ICSI/ Traditional IVF
• Vietnam In Vitro Fertilization (IVF) Market, By Product:
• IVF Culture Media
• ICSI Machine
• IVF Incubators
• Cryo-system
• Others
• Vietnam In Vitro Fertilization (IVF) Market, By Donor:
• Fresh Non-donor
• Frozen Non-donor
• Fresh Donor
• Frozen Donor
• Vietnam In Vitro Fertilization (IVF) Market, By Infertility:
• Male
• Female
• Vietnam In Vitro Fertilization (IVF) Market, By Embryo:
• Fresh Embryo
• Frozen-thawed Embryo
• Vietnam In Vitro Fertilization (IVF) Market, By End User:
• Fertility Clinics
• Hospitals
• Others
• Vietnam In Vitro Fertilization (IVF) Market, By Region:
• Northern Region
• Central Region
• Southern Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Vietnam in vitro fertilization (IVF) market.

Company Information

• Detailed analysis and profiling of additional market players (up to five).

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