IVF Devices and Consumables Market Size, Share, Expected Growth and Industry Forecast 2023-2028

Byimarcsuraj

The global IVF devices and consumables market size reached US$ 2.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 5.2 Billion by 2028, exhibiting a growth rate (CAGR) of 14.6% during 2023-2028.

What Is A Ivf Devices And Consumables?

In vitro fertilization or IVF devices and consumables represent assisted reproductive technologies (ART) that help with fertility, prevent genetic problems, and aid in the conception of a child. They comprise of various medicines and surgical procedures for egg retrieval, ovulation, insemination, fertilization, and embryo culture and transfer. IVF devices and consumables help in achieving a successful pregnancy and healthy baby in women with damaged or blocked fallopian tubes. They even assist in male infertility problems by employing intra-cytoplasmic sperm injection (ICSI) for conceiving. As a result, IVF devices and consumables find extensive applications in fertility clinics, hospitals, surgical centers, clinical research institutes, etc.

What Are The Key Driving Factors In The IVF Devices And Consumables Market?

The expanding awareness among the masses about the advantages of using IVF therapy for a successful pregnancy and the increasing number of delayed pregnancies across the globe are among the key factors driving the IVF devices and consumables market. In addition to this, the growing healthcare industry and gamete donations across countries to help intended parents have a child are acting as significant growth-inducing factors. Apart from this, the inflating investments by government bodies to enhance the healthcare infrastructure are also positively influencing the global market.

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Moreover, the rising expenditure by leading market players in research and development (R&D) activities to improve embryo culture, cryopreservation, and in vitro maturation and the escalating focus on several marketing strategies to boost their customer base are further stimulating the market growth. Besides this, the elevating integration of artificial intelligence (AI) in IVF for the identification of an embryo is expected to propel the IVF devices and consumables market over the forecasted period.

who are the key players/companies in the IVF Devices and Consumables market?

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

Report Segmentation:

The report has been segmented the market into following categories:

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

 By Geography:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023- 2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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