In Vitro Fertilization Market by Product (Equipment {Sperm Analyzer Systems, Imaging Systems, Ovum Aspiration Pumps, Micromanipulator Systems, Incubator, and Others}, Reagents & Media {Cryopreservation Media, Embryo Culture Media, Ovum Processing Media, and Sperm Processing Media}, Accessories), Cycle (Fresh Non-donor IVF Cycles, Frozen Non-donor IVF Cycles, Frozen Donor IVF Cycles, and Fresh Donor IVF Cycles), Type (Conventional IVF, IVF with ICSI, IVF with Donor Eggs, and Others), End User (Fertility Clinics, Hospitals & Surgical Centers, Cryobanks, and Research Institutes): Global Market Size Estimates and Forecast (2022-2030)

Code: BMIRE00027048 | Pages: 100 | Industry: Medical Device | Date: Oct 2022 | Type: Global

The market crossed the US$ 650.0 million mark in 2022 and is expected to hit US$ 1,000.0 million by 2030, recording a CAGR of 9.0% during the forecast period.

In vitro fertilization (IVF) has been significantly growing due to the rising prevalence of infertility which demands IVF treatment. Further, rising concerns of delayed pregnancy which results in infertility and thus increases the adoption rate of IVF drive the growth of the market. 

IVF treatment assists in infertility problems, single mothers, and the LGBT community to procreate. Increasing infertility rate delayed pregnancies, and rising technological advancement in IVF treatment promotes the growth of the IVF market. High success rate, ease in the implementation, and enhanced embryo production promote the growth of the fresh non-donor segment which in turn promotes the growth of the IVF fertilization market.  

Within the report, the market is segmented into product, cycle, type, end user, and geography. By product, the market is further segmented into equipment, reagents & media, and accessories. On the basis of the cycle, the market is segmented into fresh non-donor IVF cycles, frozen non-donor IVF cycles, frozen donor IVF cycles, and fresh donor IVF cycles. By type, the market is categorized into conventional IVF, IVF with ICSI, IVF with donor eggs, and others. Based on end user, the market is divided into fertility clinics, hospitals & surgical centers, cryobanks, and research institutes. Geographically, the market is sub segmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa.

Get more information on this report :

The rising dependence on fertility treatments will support the growth of the IVF market.

Many women freeze their eggs to have their child at a later stage. Thus, the increasing dependency on fertility treatments is expected to promote the growth of the IVF market during the forecast period. Further, increasing the success rate of IVF techniques and introducing new products by key players boosts the growth of the IVF market.

Increasing medical tourism in emerging nations is one of the major factors accelerating market growth.

The increasing medical tourism industry in developing countries is expected to fuel the growth of the IVF market. According to Fertility Treatment Abroad, about 150 centers and 20 medical centers in Brazil offers infertility treatments. In the US, an IVF cycle costs around USD 12,000 whereas in Brazil it is USD 4,000 and in India, it is USD 2,000–3,000. India has about 500 individual IVF centers and is one of the most affordable destinations globally. The healthcare treatments in India are about 90% less compared to the US. Thus, the aforementioned factors are expected to boost the growth of the IVF market.

Recent strategic developments in the IVF market

The IVF market has undergone several significant developments, and a few of these have been mentioned below:

  • In 2021, FDA approved the commercialization of Hamilton Thorne’s GYNEMED GM501 which is the ready-to-use medium that is designed for in vitro washing and hand
  • In 2021, CooperSurgical and Virtus Health partnered to improve their fertility technology and to increase the accessibility of advanced treatment for infertility.
  • In 2020, Genea Limited and Hamilton Thorne collaborated to commercialize Genea Limited fertility products in the US and Canada.

The IVF market is driven by several players by implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. OvaScience, EMD Sereno Inc., Vitrolife AB, Irvine Scientific, Cook Medical Inc., Genea Biomedx, Thermo Fisher Scientific Inc., Progyny Inc., and Boston IVF are among the prominent players operating in the market.

Target audience for the report:

  • IVF centers
  • Hospitals
  • Surgical centers
  • Clinical research institutes

Scope of the report:

In this report, the market has been segmented on the basis of:

  • Product:
    • Equipment
      • Sperm Analyzer Systems
      • Imaging Systems
      • Ovum Aspiration Pumps
      • Micromanipulator Systems
      • Incubator
      • Others
    • Reagents & Media
      • Cryopreservation Media
      • Embryo Culture Media
      • Ovum Processing Media
      • Sperm Processing Media
    • Accessories
  • Cycle
    • Fresh non-donor IVF cycles
    • Frozen non-donor IVF cycles
    • Frozen donor IVF cycles
    • Fresh donor IVF cycle
  • Type
    • Conventional IVF
    • IVF with ICSI
    • IVF with donor eggs
    • Others
  • End user
    • Fertility clinics
    • Hospitals & Surgical centers
    • Cryobanks
    • Research Institutes
  • Region
    • North America
    • Europe
    • Asia Pacific (APAC)
    • South & Central America
    • Middle East & Africa
  • Companies profiled
    • OvaScience, EMD Sereno Inc.,
    • Vitrolife AB, Irvine Scientific,
    • Cook Medical Inc.,
    • Genea Biomedx,
    • Thermo Fisher Scientific Inc.,
    • Progyny Inc.,
    • Boston IVF

The List of Companies
- OvaScience, EMD Sereno Inc.,
- Vitrolife AB, Irvine Scientific,
- Cook Medical Inc.,
- Genea Biomedx,
- Thermo Fisher Scientific Inc.,
- Progyny Inc.,
- Boston IVF

Report Code
Full Name
Country Name
Email Id
Phone Number
Job Title

Note : Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Purchase Options
Single User License
Site License
Enterprise License