In-Vitro Fertilization Market Drivers and Key Players Strategies Analyzed | Vitrolife AB, CooperSurgical, Inc., Thermo Fisher Scientific Inc. etc
The Global In-Vitro Fertilization Market Report offers extensive
knowledge and information about the In-Vitro Fertilization market pertaining to
market size, market share, growth influencing factors, opportunities, and
current and emerging trends. The report is formulated with the updated and
latest information of the global In-Vitro Fertilization market further
validated and verified by the industry experts and professionals.
he global In Vitro
Fertilization (IVF) market size is expected to reach USD 36.51 Billion
at a steady revenue CAGR of 9.1% in 2028, according to latest analysis by
Emergen Research. In vitro fertilization market revenue growth is due to rising
infertility incidence, attributable to adoption of sedentary lifestyle and
related conditions and diseases.
Behavioral changes among the global population along with increasing
number of women in the workforce, late pregnancy, shift from rural to urban
communities, reducing marriage rates, and rise in trend of same sex marriages
are other key factors fueling growth of the market According to the American
Society for Reproductive Medicine (ASRM), approximately 6.7 million people in
the U.S. are impacted by failure to get pregnant, which accounts for around
11.0% of the pregnant population. Besides, 25% of people in the U.S. have more
than one infertility cause. Researchers have also developed methods that are
used beforehand to improve the effective rate of in-vitro fertilization.
Expansion of fertility therapies to treat male infertility, such as
Intracytoplasmic Sperm Injection (ICSI), is expected to have a positive impact
on market growth. Provision of genomic testing to deter genetic disorder
transfer through IVF usage is also projected to contribute to growth of the
market.
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The report, additionally, offers a comprehensive SWOT analysis and
Porter’s Five Forces analysis to offer a better understanding of the
competitive landscape of the industry. It also covers strategies adopted by
prominent players such as mergers and acquisitions, collaborations, joint
ventures, product launches, and brand promotions, among others. The report aims
to offer the readers a holistic understanding of the relevant features of the
industry.
Some
major companies operating in the global market include:- Vitrolife AB,
CooperSurgical, Inc., Thermo Fisher Scientific Inc., The Baker Company, Inc.,
Kitazato Corporation, Cook Medical, Inc., Esco Micro Pte. Ltd., OvaScience,
Boston IVF, and EMD Serono Inc.
Market Players & Competitor Analysis: The report covers the key
players of the industry including Company Profile, Product Specifications,
Production Capacity/Sales, Revenue, Price and Gross Margin 2021-2028 &
Sales with a thorough analysis of the markets competitive landscape and
detailed information on vendors and comprehensive details of factors that will
challenge the growth of major market vendors.
Key
Highlights From the Report
§ In August 2021,
Merck Specialties Pvt ltd in India launched Pergoveris Pen for advanced
infertility treatment in the country. The launch will emphasize Merck’s motive
to fulfil unmet medical needs by offering ready-to-use, and improved treatment
option for women with a Severe Luteinizing Hormone (LH) and
Follicle-Stimulating Hormone (FSH) deficiency.
§ Reagent segment
accounted for larger revenue share in 2020 due to increasing number of in vitro
fertilization procedures. Increased demand for cryopreservation, embryo, and
sperm preparation is driving revenue growth of this segment.
§ Frozen non-donor
segment revenue is expected to register steady growth rate during the forecast
period due to their established reliability and a higher success rate for
pregnancy. The procedure cost is lower as compared to cycles which use fresh
embryos and eggs. A frozen transfer is much simpler for both reproductive
endocrinologist and patient. This procedure is also less mentally and
physically stressful on a women’s body.
Analysis of the segments and their growth projection is carried out by
extensive historical and current analysis of the market scenario. Further, the
report offers details about the factors and features of the In-Vitro
Fertilization market expected to boost the growth of the industry in the coming
years.
Emergen Research has segmented the global In Vitro Fertilization (IVF)
market on the basis of procedure, product, end-use, and region:
§ Procedure
Outlook (Revenue, USD Billion; 2018-2028)
§ Fresh Donor
§ Fresh Non-Donor
§ Frozen Donor
§ Frozen Non-Donor
§ Product
Outlook (Revenue, USD Billion; 2018-2028)
§ Reagents
1.
Cryopreservation media
2.
Ovum processing media
3.
Embryo culture media
4.
Sperm processing media
§ Equipment
1.
Sperm separation system
2.
Imaging system
3.
Cabinet
4.
Incubators
5.
Ovum aspiration pump
6.
Micro manipulation system
7.
Gas analyzer
8.
Accessories
9.
Anti-vibration tables
10.
Laser system
11.
Cryosystems
12.
Witness system
§ End-Use
Outlook (Revenue, USD Billion; 2018-2028)
§ Hospitals and
Research Laboratories
§ Fertility Clinics
and Surgical Centers
§ Cryobanks
For
more informative information, please visit us https://www.emergenresearch.com/industry-report/in-vitro-fertilization-market
This study aims to define market sizes and forecast the values for
different segments and countries in the coming eight years. The study aims to
include qualitative and quantitative perspectives about the industry within the
regions and countries covered in the report. The report also outlines the
significant factors, such as driving factors and challenges, that will
determine the market’s future growth.
What
is the key information extracted from the report?
Extensive information on factors estimated to affect the Market growth
and market share during the forecast period is presented in the report.
The report offers the present scenario and future growth prospects
Market in various geographical regions.
The competitive landscape analysis on the market as well as the qualitative
and quantitative information is delivered.
The SWOT analysis is conducted along with Porter’s Five Force analysis.
The in-depth analysis provides an insight into the Market, underlining
the growth rate and opportunities offered in the business.
The prime objective of this report is to provide the insights on the
post COVID-19 impact which will help market players in this field evaluate
their business approaches. Also, this report covers market segmentation by
major market verdors, types, applications/end users and geography (North
America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa,
Oceania, South America).
Key
Questions Answered in the Report:
What is the growth rate of the In-Vitro Fertilization market? What is
the anticipated market valuation of In-Vitro Fertilization industry by 2028?
What are the key growth driving and restraining factors of the In-Vitro
Fertilization market?
Who are the prominent players operating in the market? What are the key
strategies adopted by these companies?
What are the key opportunities and growth prospects of the In-Vitro
Fertilization industry over the forecast period?
Which region is expected to show significant growth in the coming years?
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