Global In Vitro Fertilization (IVF) Devices Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global In Vitro Fertilization (IVF) Devices Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Product (Equipment, Media, Reagents and Kits, and Accessories and Services), Product (Conventional IVF, IVF with ICSI, IVF with Donor Eggs, and Others), End User (Hospitals, Fertility Clinics, and Academic and Research Institutes), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global In Vitro Fertilization (IVF) Devices Market was valued at USD 1,883.4 million in 2023 and is expected to reach USD 4,247.5 million by 2031 while growing at a CAGR of 10.7% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global In Vitro Fertilization (IVF) Devices market growth. In-Vitro Fertilization (IVF) is a product of fertilization process sperms and an egg outside the body, making it the most common assisted reproductive technology. It is widely used in managing infertility, and since its breakthrough, IVF accounts for 1.6% and 4.5% of all live births in the United States and Europe, respectively, marking rapid progress in the field of reproductive endocrinology/infertility (REI).
Continuous advancements in medical technology and the increasing prevalence of infertility propel the in vitro fertilization (IVF) devices market. Nonetheless, obstacles like the high costs of IVF procedures and limited accessibility and awareness may impede market expansion.
Furthermore, the global in vitro fertilization (IVF) devices industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Product Analysis
The Global In Vitro Fertilization (IVF) Devices Market is segmented among Equipment, Media, Reagents and Kits, and Accessories and Services, based on Product. In 2023, Corrugated Board/Paperboard accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Type Analysis
The Global In Vitro Fertilization (IVF) Devices Market is segmented among Conventional IVF, IVF with ICSI, IVF with Donor Eggs, and Others, based on Type. In 2023, IVF with ICSI accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global In Vitro Fertilization (IVF) Devices Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Europe dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are Thermo Fisher Scientific Inc, The Cooper Companies, Inc, Vitrolife Group, Hamilton Thorne, Rocket Medical, Cook Group, Fujifilm Holdings Corporation, Kitazato Corporation, Esco Lifesciences Group, and Merck KGaA.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global In Vitro Fertilization (IVF) Devices Market Dynamics
Drivers
Restraints
Opportunity
4. Global In Vitro Fertilization (IVF) Devices Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global In Vitro Fertilization (IVF) Devices Market Segmentation, By Product
Global In Vitro Fertilization (IVF) Devices Market Share Analysis, By Product
Global In Vitro Fertilization (IVF) Devices Market Growth Analysis, By Product
Global In Vitro Fertilization (IVF) Devices Market Trends, By Product
o Equipment
o Media, Reagents and Kits
o Accessories and Services
6. Global In Vitro Fertilization (IVF) Devices Market Segmentation, By Type
Global In Vitro Fertilization (IVF) Devices Market Share Analysis, By Type
Global In Vitro Fertilization (IVF) Devices Market Growth Analysis, By Type
Global In Vitro Fertilization (IVF) Devices Market Trends, By Type
o Conventional IVF
o IVF with ICSI
o IVF with Donor Eggs
o Others
7. Global In Vitro Fertilization (IVF) Devices Market Segmentation, By End User
Global In Vitro Fertilization (IVF) Devices Market Share Analysis, By End User
Global In Vitro Fertilization (IVF) Devices Market Growth Analysis, By End User
Global In Vitro Fertilization (IVF) Devices Market Trends, By End User
o Hospitals
o Fertility Clinics
o Academic and Research Institutes
8. Global In Vitro Fertilization (IVF) Devices Market Segmentation, By Region
Global In Vitro Fertilization (IVF) Devices Market Share Analysis, By Region
Global In Vitro Fertilization (IVF) Devices Market Growth Analysis, By Region
Global In Vitro Fertilization (IVF) Devices Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
9. Competitive Landscape
Thermo Fisher Scientific Inc*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
The Cooper Companies, Inc
Vitrolife Group
Hamilton Thorne
Rocket Medical
Cook Group
Fujifilm Holdings Corporation
Kitazato Corporation
Esco Lifesciences Group
Merck KGaA
*Similar analysis will be provided for each company listed above.
