In Vivo Fertilization Market is estimated to be US$ 33.10 billion by 2030 with a CAGR of 4.50% during the forecast period

Published Date: June 2024

In vitro fertilization (IVF) is a type of assisted reproductive technology (ART) that involves extracting eggs from a woman's ovaries and fertilizing them with sperm in a laboratory setting. The procedure entails activating a woman's ovulatory system, extracting an ovum from her ovaries, and fertilizing the ovum with sperm in a laboratory liquid. IVF is one of the most commonly used procedures to help couples with infertility concerns, which is a major element driving the worldwide IVF services market. In Vivo Fertilization Market accounted for US$ 628 million in 2020 and is estimated to be US$ 1468.9 million by 2030 and is anticipated to register a CAGR of 9.0%.

The report "In Vivo Fertilization Market, By Product (Micromanipulators, Incubators, Cabinets, Imaging System, Laser System, Reagents & Accessories), By Type (Conventional IVF, IVF with ICSI), By End User (Fertility Clinics, Hospitals, Cryobanks) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2030’’

Key Highlights:

  • Royal Philips and Merck KGaA announced a multi-year collaboration in January 2021 to develop digital solutions for individualised reproductive treatments.
  • Merck KGaA received European Commission (EC) Marketing Authorization (MA) in January 2020 for its novel GONAL-f (follitropin alfa) 150 IU pen, which is intended for patients from the start to the end of their reproductive stimulation cycle and requires lesser doses.

Analyst View:

The study market in the region is expected to be driven by a continual rise in the frequency of infertility in both sexes. According to the SingleCare online survey, 20 percent of respondents got in vitro fertilisation (IVF) in the United States in October 2020. In addition, 19% of respondents said they had polycystic ovarian syndrome (PCOS), and 25% said they were infertile for unknown reasons. As a result, the market's expansion is being fueled by the increased incidence of infertility. The demand for infertility treatment equipment in the region is being driven by factors such as newly opened fertility centres and reimbursement policies for infertility treatment.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “In Vivo Fertilization Market, By Product (Micromanipulators, Incubators, Cabinets, Imaging System, Laser System, Reagents & Accessories), By Type (Conventional IVF, IVF with ICSI), By End User (Fertility Clinics, Hospitals, Cryobanks) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2030”

Key Market Insights from the report:

The In Vivo Fertilization Market accounted for US$ 628 million in 2020 and is estimated to be US$ 1468.9 million by 2030 and is anticipated to register a CAGR of 9.0%. The Global In Vivo Fertilization Market is segmented based on product, type, end-user and region.

  • Based on Product, In Vivo Fertilization Market is segmented into Micromanipulators, Incubators, Cabinets, Imaging System, Laser System, Reagents & Accessories.
  • Based on Type, In Vivo Fertilization Market is segmented into Conventional IVF, IVF with ICSI.
  • Based on End-User, In Vivo Fertilization Market is segmented into Fertility Clinics, Hospitals, Cryobanks. 
  • By Region, the In Vivo Fertilization Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Landscape & their strategies of In Vivo Fertilization Market:

The prominent players operating in the In Vivo Fertilization Market include The Cooper Companies Inc. (US), Cook Group (US), Vitrolife (Sweden), Thermo Fisher Scientific, Inc. (US), Esco Micro Pte. Ltd. (Singapore), Genea Limited (Australia), IVFtech ApS (Denmark), FUJIFILM Irvine Scientific (US), The Baker Company, Inc. (US), Kitazato Corporation (Japan), Corning Corporation (US), Hamilton Thorne Ltd. (US), ZEISS Group (Germany), FERTIPRO NV(Belgium), and Eppendorf (Germany).

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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