Stratview Research has published a new report titled “InVitro Fertilization Market” which is segmented by Reagent (Embryo Culture Media, Cryopreservation Media, Sperm Processing Media, OVUM Processing Media), Equipment (Imaging Systems, Sperm Separation Systems, Cabinets, OVUM Aspiration Pumps, Incubators, Micromanipulator Systems, Gas Analyzers and Other), Cycle (Fresh Non-Donor IVF Cycles, Frozen Non-Donor IVF Cycles, Frozen Donor IVF Cycles, Fresh Donor IVF Cycles), End User (Fertility Clinics & Surgical Centers, Hospitals & Research Laboratories, Cryobanks) and Region. It also covers the COVID-19 Impact Analysis and Forecast to 2026.
As per the study, the market is expected to grow from USD 705.6 million in 2020 to USD 1,263.7 million by 2026 at a CAGR of over 10.3% during the forecast period.
Report Highlights
This report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can affect the market dynamics of the industry. It provides a thorough analysis of the market segments which include products, applications, and competitor analysis.
The market is bifurcated into various segments. Below given is the segment-wise analysis -
Based on end-user, the market has been segmented into fertility clinics & surgical centers, hospitals & research laboratories, and cryobanks.
- The fertility clinics & surgical centers segment accounted for the largest market share in 2020.
- The segment growth can be attributed to the increasing number of fertility clinic centers coupled with rising infertility rates globally.
Which Region is expected to remain the largest market?
Geographically, the market in Europe accounted for the largest market share in 2020 owing to increasing infertility rates; rising awareness, and continuous spending on R&D activities to develop technologically advanced solutions for health problems. The market in Asia-Pacific is expected to register the fastest growth during the review period on account of the growing median age of first-time motherhood, rising infertility rates, and low treatment costs.
Who are the Key Players in the Market?
This report provides market intelligence most comprehensively. It also provides critical insights into the key players active in the market, that will enable strategic decision-making for the existing market players as well as those willing to enter the market. The following are the key players active in the InVitro Fertilization Market:
- CooperSurgical, Inc. (The U.S.),
- Vitrolife (Sweden),
- Cook Medical Incorporated (The U.S.),
- Thermo Fisher Scientific (The U.S.),
- Irvine Scientific (The U.S.),
- Genea Limited (Australia),
- The Baker Company, Inc. (The U.S.),
- Kitazato Corporation (Japan),
- Esco Micro Pte Ltd (Singapore),
- EMD Serono (The U.S.),
- IVFtech ApS (Denmark), and
- Rocket Medical (UK).
Key questions answered by the report
- What is the projected CAGR for revenue from the InVitro Fertilization Market during the forecast period?
- What would the market be valued at by 2026?
- What is a major driving factor for the growth of the market?
- Which region accounted for the largest revenue share in the InVitro Fertilization Market?
- Which are the major market players?
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