Home / Medical Devices / In Vitro Fertilization (IVF) Devices and Consumables Market Size, Segmentation, Opportunities, Trends, Growth and Industry Forecast To 2022

In Vitro Fertilization (IVF) Devices and Consumables Market Size, Segmentation, Opportunities, Trends, Growth and Industry Forecast To 2022

Overview:

In vitro fertilization is a form of assisted reproductive technology where the egg is artificially fertilized and later implanted in the womb. This method is widely prevalent in infertile parents, LGBT community and single mothers. The global in vitro fertilization devices and consumables market will undergo rapid growth during the forecast period due to rising infertility rates, delayed pregnancies and surging evolution of assisted reproductive technologies. Innovations in IVF technologies such as introduction of capsule IVF will further add to demand for IVF across the globe. However, high cost of devices, less awareness and low affordability in middle- and low-income countries may hold back the market growth. On the other hand, perpetual rise in the numbers of LGBT community, legal sanctions for same sex marriage and growing awareness will offer potential opportunities for expansion of in vitro fertilization devices and consumables market.

The demand for IVF is high in developed regions of the world. Large potential patient pool has led to growth in IVF treatments in North America and Europe. This has led to higher involvement of insurance players to cover IVF, and ultimately competitive pricing of IVF treatments. Flourishing medical tourism market in Latin America and Asia-Pacific is also a key contributor to IVF devices and consumables market growth. It is witnessed that a great proportion of medical tourism patients opt for assisted reproduction hence, allowing huge demand in Asia-Pacific and Latin America markets. The market players are introducing automation to IVF processes and there is a gradual shift to minimally invasive or non-invasive IVF procedures.

The global in vitro fertilization devices and consumables market is segmented on the following bases:   

1.    Instruments

a.    Cryosystem

b.    Sperm separation system

c.    Imaging system

d.    Incubator

e.    IVF cabinet

f.     micromanipulator

g.    Others (accessories, disposables, consumables, etc.)

2.    Reagents

a.    Appointment Scheduling and Patient Communicationsemen processing media

b.    Cryopreservation media

c.    Embryo culture media

d.    Ovum processing media

3.    End-users

a.    Hospitals and surgical centers

b.    Fertility clinics

c.    Clinical research institutes

4.    Geography

a.    North America

               i.    US

               ii.    Canada

b.    Europe

                i.    UK

                ii.    Germany

                iii.    Rest of Europe

c.    Asia-Pacific

                i.    Japan

                ii.    China

                iii.    Rest of APAC

d.    Latin America

e.    Middle East and Africa

Key players identified for in vitro fertilization devices and consumables market include but are not limited to:

EMD Serono, Inc., Cooper Surgical, Inc., Thermo Fisher Scientific, Inc., Oxford Gene Technology, Vitrolife AB, Irvine Scientific, Cook Medical, OvaScience, In., Senea Biomedx and several others

This report offers:

  • An overview of the global markets for in vitro fertilization devices and consumables
  • Market trends assessment for the period 2014-2022, with historical information for 2014 & 2015, and projections through 2022, with respective CAGRS during 2016-2022
  • Qualitative assessment tools such as market drivers, challenges and future prospects, major commercial events, etc.
  • Market competition scrutiny tools such as market share analysis, attractive investment proposition, and Porter’s Five Forces model
  • Focus on each level of market segmentation based on product approvals, launch, and current and anticipated market dynamics
  • A general overview of the industry structure
  • Company profiles highlighting key information about the major players operating in the in vitro fertilization devices and consumables market
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