According to a new market report published by Lucintel, the future of the In-vitro fertilization market looks promising with opportunities in fertility clinics, surgical centers, hospitals, research laboratories, and cryobanks. The In-vitro fertilization market is expected to grow with a CAGR of 11% from 2019 to 2024. The major drivers for this market are growth in the median age of first-time motherhood, declining fertility rates, rise in consumption of alcohol and cigarettes, growing public awareness of infertility and the available treatment options, and introduction of new and advanced products.
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Within the in-vitro fertilization market, culture media, capital equipment, and IVF disposable devices are the major instruments used during in-vitro fertilization. Culture media is the largest instrument segment due to high government funding and an increase in research activity to improve culture media.
Fresh non-donor, frozen non-donor, fresh donor, and frozen donor are the major segment by type of cycle of the In-vitro fertilization market. Fresh non-donor is the largest type of cycle segment due to high success rate in the first attempt.
Asia Pacific will remain the largest region over the forecast period due to growth in the median age of first-time motherhood, rising infertility rates, growing prevalence of PCOS, increasing incidences of obesity, rise in fertility tourism, and government initiatives.
Coopersurgical, Vitrolife, Cook Medical, Irvine Scientific, Thermo Fisher Scientific, EMD Sereno, IVFtech APS, The Baker Company, Kitazato, and Rocket Medical are among the major players in the in-vitro fertilization market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the in-vitro fertilization market by type of cycle, instrument, product, end use, and region. Lucintel has prepared a comprehensive research report titled "In-Vitro Fertilization Market 2019-2024: Trends, Forecast, and Opportunity Analysis". The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the in-vitro fertilization market by type of cycle, instrument, product, end use, and region as follows:
By Type of Cycle [$M shipment analysis for 2013 – 2024]:
Fresh Non-Donor
Frozen Non-Donor
Fresh Donor
Frozen Donor
By Instrument [$M shipment analysis for 2013 – 2024]:
Culture Media
Capital Equipment
IVF Disposable Devices
By Product [$M shipment analysis for 2013 – 2024]:
Reagents
Equipment
Others
By End Use [$M shipment analysis for 2013 – 2024]:
Fertility Clinics and Surgical Centers
Hospital and Research Laboratories
Cryobanks
By Region [$M shipment analysis for 2013 – 2024]:
North America
United States
Canada
Mexico
Europe
United Kingdom
Germany
France
Italy
Spain
Asia-Pacific
ROW
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/in-vitro-fertilization-market.aspx or helpdesk@lucintel.com.
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