Ivf Devices And Consumables Market Size to Reach US$ 5.2 Billion by 2028

Industry Overview of Ivf Devices And Consumables Market

IVF devices and consumables play a crucial role in assisted reproductive technologies (ART) aimed at addressing fertility challenges, preventing genetic disorders, and facilitating conception. They encompass a variety of medications and surgical procedures involved in different stages of the ART process, including egg retrieval, ovulation induction, insemination, fertilization, embryo culture, and transfer. These devices and consumables are instrumental in helping women with fallopian tube issues achieve successful pregnancies and deliver healthy babies. They also aid in addressing male infertility through techniques like intra-cytoplasmic sperm injection (ICSI). IVF devices and consumables find widespread application in fertility clinics, hospitals, surgical centers, and clinical research institutes, where they support fertility treatments and promote reproductive health.

How Big Is the Ivf Devices And Consumables Market?

The global IVF devices and consumables market size reached US$ 2.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 5.2 Billion by 2028, exhibiting a growth rate (CAGR) of 14.6% during 2023-2028.

What Are The Key Driving Factors In The IVF Devices And Consumables Market?

The IVF devices and consumables market is experiencing growth and development driven by various factors. One key driver is the increasing awareness among individuals about the advantages of IVF therapy in achieving successful pregnancies, coupled with the rising number of delayed pregnancies worldwide. The expanding healthcare industry and the availability of gamete donations to support intended parents in their journey to parenthood also contribute to the market growth. Government investments in healthcare infrastructure further boost the market's prospects. Additionally, leading market players are investing in research and development to enhance techniques such as embryo culture, cryopreservation, and in vitro maturation, while implementing effective marketing strategies to expand their customer base. Furthermore, the integration of artificial intelligence (AI) in IVF, particularly for embryo identification, is expected to drive the IVF devices and consumables market in the coming years.

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What Is Included in Market Segmentation?

The report has segmented the market into the following categories:

Breakup by Product:

• Instruments
• Sperm Separation Systems
• Cryosystems
• Incubators
• Imaging Systems
• Ovum Aspiration Pumps
• Cabinets
• Micromanipulators
• Others
• Accessories and Disposables
• Reagents and Media
• Cryopreservation Media
• Semen Processing Media
• Ovum Processing Media
• Embryo Culture Media

Breakup by Technology:

• Fresh Embryo IVF
• Frozen Embryo IVF
• Donor Egg IVF

Breakup by End User:

• Fertility Clinics
• Hospitals
• Surgical Centers
• Clinical Research Institutes

Regional Insights:

• North America
• United States
• Canada
• Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including: Coopersurgical Inc. (The Cooper Companies Inc), Esco Medical, FUJIFILM Irvine Scientific (FUJIFILM Holdings Corporation), Genea Biomedx, Hamilton Thorne Ltd., INVO Bioscience, Memmert GmbH + Co.KG, Merck KGaA, Nidacon International AB, Rocket Medical Plc, Thermo Fisher Scientific and Vitrolife.

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