Global In-vitro Fertilization Market Research Report and Forecast Analysis 2015-2020
According to the report “In-Vitro Fertilization Market”, published by Market Data Forecast, the global market is projected to reach USD 3.20 billion by 2020, at a CAGR of 16.40% from 2015 to 2020.
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In-vitro fertilization (IVF) involves the fertilization of ovum using laboratory settings followed by implantation into uterus. In-vitro fertilization is also known as assisted reproductive technology. The process involves the collection of matured healthy eggs and sperms from the partners, or known or anonymous donors. These eggs get fertilized using laboratory reagents & media and instruments. Fertilized eggs (embryos) are implanted into uterus for the continuation of development of embryo to child. One cycle of in-vitro fertilization takes around 10-15 days. IVF is most widely accepted method for the fertility treatments in clinical industry and helpful for the couples with infertility problems, single mothers, as well as LGBT communities. The major product categories that assist in-vitro fertilization method include reagents & media (such as embryo culture media, sperm processing media) and instruments (sperm separation system, cryosystems).
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Growing number of delayed pregnancies among women, rising awareness pertaining to infertility consequences, and presence of favorable reimbursement systems are driving the growth of the global in-vitro fertilization market. In addition, increasing technological advancements in in-vitro fertilization procedures (embryoscope & capsule in-vitro fertilization), rising medical tourisms across the major countries, growing gynecological disorders & fertility disorders, increasing focus of clinical research institutes towards the innovation of in-vitro fertilization technologies, and occurrence of lifestyle disorders (obesity & smoking that favor infertility) are further propelling the growth of the global in-vitro fertilization market.
Global market for in-vitro fertilization is segmented on the basis of reagents & media, instruments, technology, and end users
On the basis of reagents & media
- Embryo Culture Media
- Cryopreservation Media
- Sperm Processing Media
- Ovum Processing Media
On the basis of instruments
- Imaging Systems
- Sperm Separation Systems
- Ovum Aspiration Pumps
- Micromanipulator Systems
- Other Instruments
On the basis of technology
- Intra-Cytoplasmic Sperm Injection
- Pre-Implantation Genetic Diagnosis
- Frozen Embryo Transfer/Replacement
- Other Technologies
On the basis of end users
- Fertility and Surgical Centers
- Hospitals and Research Laboratories
On the basis of Geography
- North America
- Latin America
- Middle East & Africa
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The key players in global in-vitro fertilization market such as, CooperSurgical, Inc. (U.S.), Vitrolife AB (Sweden), Cook Medical, Inc. (U.S.), Irvine Scientific (U.S.), Thermo Fisher Scientific, Inc. (U.S.), EMD Serono, Inc. (U.S.), Genea Limited (Australia), ESCO Micro Pte. Limited (Singapore), IVFtech ApS (Denmark), and The Baker Company, Inc. (U.S.).
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