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In Vitro Fertilization (IVF) Market- insightSLICE

The global in vitro fertilization (IVF) market was estimated to be US$ 23.40 Billion in 2022 and is expected to reach US$ 41.40 Billion by 2032.

SANTA ROSA, CALIFORNIA, UNITED STATES, July 17, 2023/EINPresswire.com/ -- The Global In Vitro Fertilization (IVF) Market Share, Trends, Analysis, and Forecasts for 2023-2032 present extensive information on the latest trends, factors driving market growth, potential opportunities, and challenges that may impact the industry's market dynamics. It offers a detailed examination of various market segments, such as instruments, procedures, end-users, and the competitive landscape.

𝐆𝐄𝐓 𝐀 𝐒𝐀𝐌𝐏𝐋𝐄 𝐑𝐄𝐏𝐎𝐑𝐓: https://www.insightslice.com/request-sample/327

The Global in vitro fertilization (IVF) Market was estimated to be US$ 23.40 Billion in 2022 and is expected to reach US$ 41.40 Billion by 2032 at a CAGR of 5.7%.

In vitro fertilization (IVF) is one of the most widely used assisted reproductive technologies (ARTs), which combines the use of medicines and surgical procedures. in vitro fertilization (IVF) treatment involves extracting eggs, retrieving a sperm sample, and combining the eggs and sperm in a laboratory for fertilization. The growing popularity of IVF and ICSI treatments is expected to increase the adoption of in vitro fertilization (IVF) treatment during the forecast period.

𝐅𝐚𝐜𝐭𝐨𝐫𝐬 𝐃𝐫𝐢𝐯𝐢𝐧𝐠 𝐆𝐫𝐨𝐰𝐭𝐡 𝐨𝐟 𝐆𝐥𝐨𝐛𝐚𝐥 𝐈𝐧 𝐕𝐢𝐭𝐫𝐨 𝐅𝐞𝐫𝐭𝐢𝐥𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭

The key factor driving the growth of the global in vitro fertilization (IVF) market is the delay in pregnancies. The average age of men and women having their first child is increasing, leading to many women choosing to freeze their eggs for later use. This trend has significantly contributed to the enhancement of the global in vitro fertilization (IVF) market.

Another factor driving the growth of the global in vitro fertilization (IVF) market is the rising interest in fertility tourism. Factors that augment the growth of fertility tourism include increased interest in having children, individuals becoming more conscious about the availability of fertility treatments, and limited access to desired healthcare facilities or unaffordable treatment options in their home country. This leads to the migration of individuals seeking fertility tourism to fulfil their desire to have children.

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐆𝐥𝐨𝐛𝐚𝐥 𝐈𝐧 𝐕𝐢𝐭𝐫𝐨 𝐅𝐞𝐫𝐭𝐢𝐥𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭

The Global in vitro fertilization (IVF) market is segmented based on instrument type, procedure type, and end user.

In terms of instrument type, the culture media segment is currently dominating the market for in vitro fertility treatment. Factors such as increased research activities and the availability of funding to improve culture media are contributing to the growth of this segment. Additionally, the introduction of disposable devices like needles, slides, and chambers by industry players to meet sterility and regulatory requirements is expected to drive the growth of the disposable devices segment, which is estimated to be the fastest-growing segment.

In terms of procedure type, the frozen non-donor segment is currently dominating the in vitro fertilization (IVF) market and is expected to experience the fastest growth during the forecast period. This segment is favoured due to its cost-effectiveness compared to fresh non-donor procedures and its less-invasive nature. The fresh non-donor segment follows closely, registering the second-highest revenue share.

When it comes to end users, fertility clinics dominate the market for in vitro fertilization (IVF). The increasing demand for ART treatments has led to a rise in the number of fertility clinics and ART centres. Factors such as the availability of specialists, cost-effectiveness, and a lower risk of acquiring Hospital-acquired Infections (HAIs) are driving the growth of fertility clinics.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐈𝐧 𝐕𝐢𝐭𝐫𝐨 𝐅𝐞𝐫𝐭𝐢𝐥𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭

The global in vitro fertilization (IVF) market is divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America based on geography.
The Europe segment currently dominates the in vitro fertilization (IVF) market. Factors contributing to the growth in this region include legal revisions related to in vitro fertility techniques and the rise of medical tourism. During the forecast years, many people from the U.S. are travelling to the Czech Republic to access in vitro fertility treatments at lower costs.

In the Asia-Pacific region, the global in vitro fertility market is expected to experience significant growth during the forecast period. Factors such as fertility tourism, increasing foreign investment to penetrate economically developing countries, and the changing regulatory landscape contribute to the anticipated boom in demand for IVF treatment in the Asia-Pacific region.

North America is also expected to witness growth in the in vitro fertilization (IVF) market in the coming years. Government funding for egg/sperm storage, regulatory reforms, standardization of procedures through automation, and the introduction of more in vitro fertilization (IVF) treatments are some of the factors contributing to the growth of the in vitro fertilization (IVF) market in North America. The region has also seen an increase in infertility cases due to lifestyle changes such as obesity, stress, improper eating habits, lack of nutrition, and lack of exercise.

𝐀𝐒𝐊 𝐅𝐎𝐑 𝐂𝐔𝐒𝐓𝐎𝐌𝐈𝐙𝐀𝐓𝐈𝐎𝐍 𝐑𝐄𝐏𝐎𝐑𝐓: https://www.insightslice.com/request-customization/327

Key players in the global in vitro fertility market include Vitrolife AB, Irvine Scientific, Cook Medical Inc., Cooper Surgical Inc., Ova Science, EMD Serono Inc., Genea Biomedx, Thermo Fisher Scientific Inc., Progeny, Inc., and Boston IVF.

𝐌𝐀𝐑𝐊𝐄𝐓 𝐒𝐄𝐆𝐌𝐄𝐍𝐓𝐀𝐓𝐈𝐎𝐍

𝐁𝐚𝐬𝐞𝐝 𝐨𝐧 𝐈𝐧𝐬𝐭𝐫𝐮𝐦𝐞𝐧𝐭:

• Disposable Devices
• Culture Media
• Capital Equipment

𝐁𝐚𝐬𝐞𝐝 𝐨𝐧 𝐏𝐫𝐨𝐜𝐞𝐝𝐮𝐫𝐞 𝐓𝐲𝐩𝐞:

• Frozen Donor
• Fresh Donor
• Fresh Non- Donor
• Frozen Non -Donor

𝐁𝐚𝐬𝐞𝐝 𝐨𝐧 𝐄𝐧𝐝-𝐔𝐬𝐞𝐫:

• Fertility Clinics
• Hospitals & Other settings

𝐁𝐚𝐬𝐞𝐝 𝐨𝐧 𝐑𝐞𝐠𝐢𝐨𝐧

• North America
> United States
> Canada
> Rest of North America

• Europe
> Germany
> United Kingdom
> Italy
> France
> Spain
> Rest of Europe

• Asia Pacific
> Japan
> India
> China
> Australia
> South Korea
> Rest of Asia Pacific

• Middle East & Africa
> UAE
> Saudi Arabia
> South Africa
> Rest of the Middle East & Africa

• South America
> Brazil
> Rest of South America

𝐁𝐔𝐘 𝐓𝐇𝐈𝐒 𝐏𝐑𝐄𝐌𝐈𝐔𝐌 𝐑𝐄𝐒𝐄𝐀𝐑𝐂𝐇 𝐑𝐄𝐏𝐎𝐑𝐓: https://www.insightslice.com/buy-now/327

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𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐮𝐬:

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