Report Detail
Global In-vitro Fertilization (IVF) Devices Market Report 2018-2029
- RnM3875547 |
- 22 August, 2023 |
- Global |
- 148 Pages |
- HJResearch |
- Medical Devices & Consumables
The In-vitro Fertilization (IVF) Devices industry plays a pivotal role in assisted reproductive technology by providing essential tools for fertility clinics, hospitals, surgical centers, clinical research institutes, and other healthcare settings. This article presents a comprehensive market analysis of the IVF Devices industry, including its definition, usage, current industry status, and future prospects.
Definition and Use:
In-vitro Fertilization (IVF) Devices refer to medical devices and equipment used in the process of assisted reproductive technology, specifically for in-vitro fertilization. These devices include various instruments, consumables, and equipment that aid in the collection, processing, and transfer of gametes (eggs and sperm), as well as the cultivation and incubation of embryos outside the human body. IVF Devices are crucial in helping individuals and couples overcome infertility issues and achieve successful pregnancies.
IVF Devices find extensive application in fertility clinics, hospitals, surgical centers, and clinical research institutes. Fertility clinics rely on these devices to perform procedures such as ovarian stimulation, oocyte retrieval, sperm preparation, fertilization, embryo culture, embryo transfer, and cryopreservation. Hospitals and surgical centers utilize IVF Devices to provide infertility treatments and assist patients with complex fertility-related surgeries. Clinical research institutes employ these devices for scientific studies, advancements in techniques, and development of more effective assisted reproductive technologies.
Industry Status:
As of 2022, the global In-vitro Fertilization (IVF) Devices market is estimated to reach a size of US$1884 million, with a compound annual growth rate (CAGR) of 19.7%. This significant growth can be attributed to several factors, including increasing infertility rates, advancements in IVF techniques, rising awareness about assisted reproductive technologies, and the growing acceptance of IVF as a viable solution for infertility.
Major Global Manufacturers:
The In-vitro Fertilization (IVF) Devices industry features several major global manufacturers that have established themselves as key players in the market through their technological innovations, product offerings, and contributions to the field of assisted reproductive technology. Notable manufacturers include:
Hunter Scientific: Hunter Scientific offers a wide range of IVF Devices, including incubators, micromanipulators, and embryo culture systems. Their focus is on providing cutting-edge technology for improving IVF success rates.
K-Systems / Kivex Biotec: K-Systems / Kivex Biotec specializes in the development of IVF Devices, such as embryo transfer catheters, oocyte retrieval needles, and embryo loading pipettes. Their products are designed to enhance precision and efficiency during IVF procedures.
Prarthana Fertility Centre: Prarthana Fertility Centre provides a comprehensive portfolio of IVF Devices, including embryology workstations, cryopreservation equipment, and gamete handling tools. They aim to offer complete solutions for fertility clinics and laboratories.
Esco Micro: Esco Micro offers a range of IVF Devices, such as safety cabinets, incubators, and workstations, designed to create optimal controlled environments for successful embryo development. Their devices prioritize safety and aseptic conditions.
Victory A.R.T. Laboratory: Victory A.R.T. Laboratory specializes in the development of IVF Devices, including micromanipulators, laser systems, and cryopreservation equipment. Their focus is on providing advanced technologies for improved embryo manipulation and storage.
Prospects:
The future prospects of the In-vitro Fertilization (IVF) Devices industry appear highly promising. The projected market size of US$1884 million in 2022, coupled with a CAGR of 19.7%, reflects remarkable growth opportunities. Key drivers behind this growth include increasing infertility rates, advancements in IVF techniques and devices, rising investments in research and development, and the expanding acceptance of assisted reproductive technologies worldwide.
Ongoing research and development efforts within the IVF Devices industry primarily focus on improving success rates, reducing procedural complexities, and enhancing patient comfort during IVF procedures. This includes the development of advanced embryo selection technologies, automation of laboratory processes, and the incorporation of artificial intelligence for data analysis and prediction.
Furthermore, the increasing global awareness and social acceptance of IVF as a viable solution for infertility contribute to the industry's expansion. The growing demand for fertility preservation options due to various socio-economic factors, including delayed pregnancies and increasing focus on career advancement, also presents significant growth opportunities.
Conclusion:
The In-vitro Fertilization (IVF) Devices industry plays a critical role in assisted reproductive technology by providing essential tools for successful fertility treatments. With a projected market size of US$1884 million in 2022 and a CAGR of 19.7%, the industry's growth trajectory is highly promising. Major global manufacturers, including Hunter Scientific, K-Systems / Kivex Biotec, Prarthana Fertility Centre, Esco Micro, Victory A.R.T. Laboratory, continue to drive innovation and offer advanced solutions to meet the evolving needs of fertility clinics and patients. As advancements in IVF techniques and devices continue, the In-vitro Fertilization (IVF) Devices industry is expected to witness further expansion, enabling more individuals and couples to fulfill their dreams of parenthood.
The SWOT analysis of the In-vitro Fertilization (IVF) Devices industry is as follows:
Strengths:
Technological Advancements: The IVF Devices industry is characterized by continuous technological advancements. Innovations such as improved embryo selection techniques, advanced imaging systems, and automation of laboratory processes have significantly enhanced success rates and efficiency in IVF procedures.
Increasing Infertility Rates: The rising prevalence of infertility globally presents a significant opportunity for the IVF Devices industry. As more individuals and couples seek assisted reproductive technologies to overcome fertility challenges, there is a growing demand for IVF Devices in fertility clinics and hospitals.
Established Global Players: The industry features several major global manufacturers that have established themselves as key players through their technological expertise, product offerings, and reputation. These established manufacturers enjoy brand recognition and have a strong market presence.
Growing Acceptance and Awareness: The increasing societal acceptance of IVF as a viable solution for infertility has contributed to the industry's growth. Greater awareness about reproductive healthcare options and fertility treatments has driven demand for IVF Devices.
Weaknesses:
Cost of Treatment: IVF treatments can be expensive, which may limit accessibility for some individuals or couples. The high cost of IVF procedures, including the use of IVF Devices, may create financial barriers and restrict the industry's growth potential.
Ethical Considerations: The IVF Devices industry faces ethical challenges related to the usage of assisted reproductive technologies. Debates around embryo selection, genetic testing, and the storage of unused embryos can impact public perception and regulatory frameworks.
Opportunities:
Emerging Markets: The IVF Devices market has significant growth potential in emerging economies, where rising disposable incomes, increasing healthcare infrastructure, and improving access to infertility treatments are creating new opportunities for market expansion.
Fertility Preservation: The growing demand for fertility preservation options, driven by factors such as delayed pregnancies, career priorities, and medical conditions, presents an opportunity for the IVF Devices industry. The development of devices specifically designed for cryopreservation and storage of gametes and embryos aligns with this trend.
Threats:
Regulatory Challenges: The IVF Devices industry is subject to strict regulations and oversight due to the ethical considerations involved in assisted reproductive technologies. Changes in government policies or regulatory frameworks can impact market dynamics and product approvals.
Alternative Fertility Treatments: While IVF is a widely accepted and successful treatment option, alternative fertility treatments such as surrogacy or adoption may pose a threat to the growth of the IVF Devices industry. The availability and relative affordability of these alternatives can influence patient choices.
Economic Factors: Economic fluctuations and uncertainties can impact the affordability and accessibility of IVF treatments and, consequently, the demand for IVF Devices. Economic downturns or financial constraints may lead individuals and couples to delay or forgo fertility treatments.
Key players in global In-vitro Fertilization (IVF) Devices market include:
Hunter Scientific
K-Systems / Kivex Biotec
Prarthana Fertility Centre
Esco Micro
Victory A.R.T. Laboratory
Servy Massey Fertility Institute
The Infertility Center Of St. Louis
Girexx
Dunya Ivf Centre
Iscare Lighthouse
Market segmentation, by product types:
Hunter Scientific
K-Systems / Kivex Biotec
Prarthana Fertility Centre
Esco Micro
Victory A.R.T. Laboratory
Servy Massey Fertility Institute
The Infertility Center Of St. Louis
Girexx
Dunya Ivf Centre
Iscare Lighthouse
Market segmentation, by applications:
Fertility Clinics
Hospitals
Surgical Centres
Clinical Research Institutes
Others
1 Industry Overview of In-vitro Fertilization (IVF) Devices
- 1.1 Research Scope
- 1.2 Market Segmentation by Types of In-vitro Fertilization (IVF) Devices
- 1.3 Market Segmentation by End Users of In-vitro Fertilization (IVF) Devices
- 1.4 Market Dynamics Analysis of In-vitro Fertilization (IVF) Devices
- 1.4.1 Market Drivers
- 1.4.2 Market Challenges
- 1.4.3 Market Opportunities
- 1.4.4 Porter’s Five Forces
2 Major Manufacturers Analysis of In-vitro Fertilization (IVF) Devices Industry
- 2.1 Hunter Scientific
- 2.1.1 Company Overview
- 2.1.2 Main Products and Specifications
- 2.1.3 In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.1.4 Contact Information
- 2.2 K-Systems / Kivex Biotec
- 2.2.1 Company Overview
- 2.2.2 Main Products and Specifications
- 2.2.3 In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.2.4 Contact Information
- 2.3 Prarthana Fertility Centre
- 2.3.1 Company Overview
- 2.3.2 Main Products and Specifications
- 2.3.3 In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.3.4 Contact Information
- 2.4 Esco Micro
- 2.4.1 Company Overview
- 2.4.2 Main Products and Specifications
- 2.4.3 In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.4.4 Contact Information
- 2.5 Victory A.R.T. Laboratory
- 2.5.1 Company Overview
- 2.5.2 Main Products and Specifications
- 2.5.3 In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.5.4 Contact Information
- 2.6 Servy Massey Fertility Institute
- 2.6.1 Company Overview
- 2.6.2 Main Products and Specifications
- 2.6.3 In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.6.4 Contact Information
- 2.7 The Infertility Center Of St. Louis
- 2.7.1 Company Overview
- 2.7.2 Main Products and Specifications
- 2.7.3 In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.7.4 Contact Information
- 2.8 Girexx
- 2.8.1 Company Overview
- 2.8.2 Main Products and Specifications
- 2.8.3 In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.8.4 Contact Information
- 2.9 Dunya Ivf Centre
- 2.9.1 Company Overview
- 2.9.2 Main Products and Specifications
- 2.9.3 In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.9.4 Contact Information
- 2.10 Iscare Lighthouse
- 2.10.1 Company Overview
- 2.10.2 Main Products and Specifications
- 2.10.3 In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Price and Gross Margin (2018-2023)
- 2.10.4 Contact Information
3 Global In-vitro Fertilization (IVF) Devices Market Analysis by Regions, Manufacturers, Types and End Users
- 3.1 Global Sales Volume and Revenue of In-vitro Fertilization (IVF) Devices by Regions (2018-2023)
- 3.2 Global Sales Volume and Revenue of In-vitro Fertilization (IVF) Devices by Manufacturers (2018-2023)
- 3.3 Global Sales Volume and Revenue of In-vitro Fertilization (IVF) Devices by Types (2018-2023)
- 3.4 Global Sales Volume and Revenue of In-vitro Fertilization (IVF) Devices by End Users (2018-2023)
- 3.5 Selling Price Analysis of In-vitro Fertilization (IVF) Devices by Regions, Manufacturers, Types and End Users in (2018-2023)
4 Northern America In-vitro Fertilization (IVF) Devices Market Analysis by Countries, Types and End Users
- 4.1 Northern America In-vitro Fertilization (IVF) Devices Sales Volume and Revenue Analysis by Countries (2018-2023)
- 4.2 Northern America In-vitro Fertilization (IVF) Devices Sales Volume and Revenue Analysis by Types (2018-2023)
- 4.3 Northern America In-vitro Fertilization (IVF) Devices Sales Volume and Revenue Analysis by End Users (2018-2023)
- 4.4 United States In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 4.5 Canada In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
5 Europe In-vitro Fertilization (IVF) Devices Market Analysis by Countries, Types and End Users
- 5.1 Europe In-vitro Fertilization (IVF) Devices Sales Volume and Revenue Analysis by Countries (2018-2023)
- 5.2 Europe In-vitro Fertilization (IVF) Devices Sales Volume and Revenue Analysis by Types (2018-2023)
- 5.3 Europe In-vitro Fertilization (IVF) Devices Sales Volume and Revenue Analysis by End Users (2018-2023)
- 5.4 Germany In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.5 France In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.6 UK In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.7 Italy In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.8 Russia In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.9 Spain In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 5.10 Netherlands In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
6 Asia Pacific In-vitro Fertilization (IVF) Devices Market Analysis by Countries, Types and End Users
- 6.1 Asia Pacific In-vitro Fertilization (IVF) Devices Sales Volume and Revenue Analysis by Countries (2018-2023)
- 6.2 Asia Pacific In-vitro Fertilization (IVF) Devices Sales Volume and Revenue Analysis by Types (2018-2023)
- 6.3 Asia Pacific In-vitro Fertilization (IVF) Devices Sales Volume and Revenue Analysis by End Users (2018-2023)
- 6.4 China In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.5 Japan In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.6 Korea In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.7 India In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.8 Australia In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.9 Indonesia In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 6.10 Vietnam In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
7 Latin America In-vitro Fertilization (IVF) Devices Market Analysis by Countries, Types and End Users
- 7.1 Latin America In-vitro Fertilization (IVF) Devices Sales Volume and Revenue Analysis by Countries (2018-2023)
- 7.2 Latin America In-vitro Fertilization (IVF) Devices Sales Volume and Revenue Analysis by Types (2018-2023)
- 7.3 Latin America In-vitro Fertilization (IVF) Devices Sales Volume and Revenue Analysis by End Users (2018-2023)
- 7.4 Brazil In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.5 Mexico In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.6 Argentina In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 7.7 Colombia In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
8 Middle East & Africa In-vitro Fertilization (IVF) Devices Market Analysis by Countries, Types and End Users
- 8.1 Middle East & Africa In-vitro Fertilization (IVF) Devices Sales Volume and Revenue Analysis by Countries (2018-2023)
- 8.2 Middle East & Africa In-vitro Fertilization (IVF) Devices Sales Volume and Revenue Analysis by Types (2018-2023)
- 8.3 Middle East & Africa In-vitro Fertilization (IVF) Devices Sales Volume and Revenue Analysis by End Users (2018-2023)
- 8.4 Turkey In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.5 Saudi Arabia In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.6 South Africa In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
- 8.7 Egypt In-vitro Fertilization (IVF) Devices Sales Volume, Revenue, Import and Export Analysis (2018-2023)
9 Marketing Channel, Distributors and Traders Analysis
- 9.1 Marketing Channel
- 9.1.1 Direct Channel
- 9.1.2 Indirect Channel
- 9.2 Distributors and Traders
10 Global In-vitro Fertilization (IVF) Devices Market Forecast by Regions, Countries, Manufacturers, Types and End Users
- 10.1 Global Sales Volume and Revenue Forecast of In-vitro Fertilization (IVF) Devices by Regions (2024-2029)
- 10.2 Global Sales Volume and Revenue Forecast of In-vitro Fertilization (IVF) Devices by Types (2024-2029)
- 10.3 Global Sales Volume and Revenue Forecast of In-vitro Fertilization (IVF) Devices by End Users (2024-2029)
- 10.4 Global Revenue Forecast of In-vitro Fertilization (IVF) Devices by Countries (2024-2029)
- 10.4.1 United States Revenue Forecast (2024-2029)
- 10.4.2 Canada Revenue Forecast (2024-2029)
- 10.4.3 Germany Revenue Forecast (2024-2029)
- 10.4.4 France Revenue Forecast (2024-2029)
- 10.4.5 UK Revenue Forecast (2024-2029)
- 10.4.6 Italy Revenue Forecast (2024-2029)
- 10.4.7 Russia Revenue Forecast (2024-2029)
- 10.4.8 Spain Revenue Forecast (2024-2029)
- 10.4.9 Netherlands Revenue Forecast (2024-2029)
- 10.4.10 China Revenue Forecast (2024-2029)
- 10.4.11 Japan Revenue Forecast (2024-2029)
- 10.4.12 Korea Revenue Forecast (2024-2029)
- 10.4.13 India Revenue Forecast (2024-2029)
- 10.4.14 Australia Revenue Forecast (2024-2029)
- 10.4.15 Indonesia Revenue Forecast (2024-2029)
- 10.4.16 Vietnam Revenue Forecast (2024-2029)
- 10.4.17 Brazil Revenue Forecast (2024-2029)
- 10.4.18 Mexico Revenue Forecast (2024-2029)
- 10.4.19 Argentina Revenue Forecast (2024-2029)
- 10.4.20 Colombia Revenue Forecast (2024-2029)
- 10.4.21 Turkey Revenue Forecast (2024-2029)
- 10.4.22 Saudi Arabia Revenue Forecast (2024-2029)
- 10.4.23 South Africa Revenue Forecast (2024-2029)
- 10.4.24 Egypt Revenue Forecast (2024-2029)
11 Industry Chain Analysis of In-vitro Fertilization (IVF) Devices
- 11.1 Upstream Major Raw Materials and Equipment Suppliers Analysis of In-vitro Fertilization (IVF) Devices
- 11.1.1 Major Raw Materials Suppliers with Contact Information Analysis of In-vitro Fertilization (IVF) Devices
- 11.1.2 Major Equipment Suppliers with Contact Information Analysis of In-vitro Fertilization (IVF) Devices
- 11.2 Downstream Major Consumers Analysis of In-vitro Fertilization (IVF) Devices
- 11.3 Major Suppliers of In-vitro Fertilization (IVF) Devices with Contact Information
- 11.4 Supply Chain Relationship Analysis of In-vitro Fertilization (IVF) Devices
12 In-vitro Fertilization (IVF) Devices New Project Investment Feasibility Analysis
- 12.1 In-vitro Fertilization (IVF) Devices New Project SWOT Analysis
- 12.2 In-vitro Fertilization (IVF) Devices New Project Investment Feasibility Analysis
- 12.2.1 Project Name
- 12.2.2 Investment Budget
- 12.2.3 Project Product Solutions
- 12.2.4 Project Schedule
13 In-vitro Fertilization (IVF) Devices Research Findings and Conclusion
14 Appendix
- 14.1 Research Methodology
- 14.2 References and Data Sources
- 14.2.1 Primary Sources
- 14.2.2 Secondary Paid Sources
- 14.2.3 Secondary Public Sources
- 14.3 Abbreviations and Units of Measurement
- 14.4 Author Details
Summary:
Get latest Market Research Reports on In-vitro Fertilization (IVF) Devices. Industry analysis & Market Report on In-vitro Fertilization (IVF) Devices is a syndicated market report, published as Global In-vitro Fertilization (IVF) Devices Market Report 2018-2029. It is complete Research Study and Industry Analysis of In-vitro Fertilization (IVF) Devices market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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