The global IVF devices and consumables market size reached US$ 2.7 Billion in 2023. Looking forward, the market is projected to reach US$ 8.1 Billion by 2032, exhibiting a growth rate (CAGR) of 12.98% during 2023-2032.
In vitro fertilization (IVF) is an assisted reproductive technology (ART) that helps with fertility, prevents genetic problems, and assists in the conception of a child. It comprises several medicines and surgical procedures for ovulation, egg retrieval, insemination and fertilization, and embryo culture and transfer. It also helps in achieving a successful pregnancy and healthy baby in women with blocked or damaged fallopian tubes. In addition, it aids in male infertility problems by using intra-cytoplasmic sperm injection (ICSI) for conceiving. At present, there is a rise in the utilization of IVF devices and consumables, such as instruments, accessories and disposable, and reagents and media, on account of the increasing rate of infertility across the globe.
Apart from this, key market players are financing research and development (R&D) activities for improving embryo culture and cryopreservation and in vitro maturation. They are also focusing on several marketing strategies to increase their customer base. Additionally, the integration of artificial intelligence (AI) in IVF for the identification of an embryo is bolstering the growth of the market.
2. What is the expected growth rate of the global IVF devices and consumables market during 2024-2032?
3. What are the key factors driving the global IVF devices and consumables market?
4. What has been the impact of COVID-19 on the global IVF devices and consumables market?
5. What is the breakup of the global IVF devices and consumables market based on the product?
6. What is the breakup of the global IVF devices and consumables market based on the technology?
7. What is the breakup of the global IVF devices and consumables market based on the end user?
8. What are the key regions in the global IVF devices and consumables market?
9. Who are the key players/companies in the global IVF devices and consumables market?
In vitro fertilization (IVF) is an assisted reproductive technology (ART) that helps with fertility, prevents genetic problems, and assists in the conception of a child. It comprises several medicines and surgical procedures for ovulation, egg retrieval, insemination and fertilization, and embryo culture and transfer. It also helps in achieving a successful pregnancy and healthy baby in women with blocked or damaged fallopian tubes. In addition, it aids in male infertility problems by using intra-cytoplasmic sperm injection (ICSI) for conceiving. At present, there is a rise in the utilization of IVF devices and consumables, such as instruments, accessories and disposable, and reagents and media, on account of the increasing rate of infertility across the globe.
IVF Devices and Consumables Market Trends
The rising awareness among the masses about the benefits of using IVF devices and consumables for a successful pregnancy represents one of the key factors propelling the market growth. Besides this, there is an increase in the number of delayed pregnancies worldwide. This, along with the burgeoning healthcare industry, is contributing to the growth of the market. Moreover, the rising number of gamete donations around the world to help intended parents have a child is offering lucrative growth opportunities to industry investors. In addition, governments of several countries are extensively investing in healthcare infrastructures, which is positively influencing the market.Apart from this, key market players are financing research and development (R&D) activities for improving embryo culture and cryopreservation and in vitro maturation. They are also focusing on several marketing strategies to increase their customer base. Additionally, the integration of artificial intelligence (AI) in IVF for the identification of an embryo is bolstering the growth of the market.
Key Market Segmentation
This report provides an analysis of the key trends in each sub-segment of the global IVF devices and consumables market report, along with forecasts at the global, regional and country level from 2024-2032. The report has categorized the market based on product, technology and end user.Breakup by Product:
- Instruments
- Sperm Separation Systems
- Cryosystems
- Incubators
- Imaging Systems
- Ovum Aspiration Pumps
- Cabinets
- Micromanipulators
- Others
- Accessories and Disposables
- Reagents and Media
- Cryopreservation Media
- Semen Processing Media
- Ovum Processing Media
- Embryo Culture Media
Breakup by Technology:
- Fresh Embryo IVF
- Frozen Embryo IVF
- Donor Egg IVF
Breakup by End User:
- Fertility Clinics
- Hospitals
- Surgical Centers
- Clinical Research Institutes
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape
The competitive landscape of the industry has also been examined along with the profiles of the key players being Coopersurgical Inc. (The Cooper Companies Inc), Esco Medical, FUJIFILM Irvine Scientific (FUJIFILM Holdings Corporation), Genea Biomedx, Hamilton Thorne Ltd., INVO Bioscience, Memmert GmbH + Co.KG, Merck KGaA, Nidacon International AB, Rocket Medical Plc, Thermo Fisher Scientific and Vitrolife.Key Questions Answered in This Report
1. What was the size of the global IVF devices and consumables market in 2023?2. What is the expected growth rate of the global IVF devices and consumables market during 2024-2032?
3. What are the key factors driving the global IVF devices and consumables market?
4. What has been the impact of COVID-19 on the global IVF devices and consumables market?
5. What is the breakup of the global IVF devices and consumables market based on the product?
6. What is the breakup of the global IVF devices and consumables market based on the technology?
7. What is the breakup of the global IVF devices and consumables market based on the end user?
8. What are the key regions in the global IVF devices and consumables market?
9. Who are the key players/companies in the global IVF devices and consumables market?
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis13 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global IVF Devices and Consumables Market
6 Market Breakup by Product
7 Market Breakup by Technology
8 Market Breakup by End User
9 Market Breakup by Region
10 SWOT Analysis
12 Porters Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Coopersurgical Inc. (The Cooper Companies Inc)
- Esco Medical
- FUJIFILM Irvine Scientific (FUJIFILM Holdings Corporation)
- Genea Biomedx
- Hamilton Thorne Ltd.
- INVO Bioscience
- Memmert GmbH + Co.KG
- Merck KGaA
- Nidacon International AB
- Rocket Medical Plc
- Thermo Fisher Scientific
- Vitrolife
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 137 |
| Published | April 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 2.7 Billion |
| Forecasted Market Value ( USD | $ 8.1 Billion |
| Compound Annual Growth Rate | 12.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 12 |
