Industry Overview of Ivf Devices And Consumables Market

IMARC Group, a leading market research company, has recently releases report titled “Ivf Devices And Consumables Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global IVF devices and consumables market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

What Is A Ivf Devices And Consumables?

IVF devices and consumables are crucial components of assisted reproductive technologies (ART) used to address fertility issues, prevent genetic disorders, and facilitate conception. They encompass a range of medications and surgical procedures involved in egg retrieval, ovulation induction, insemination, fertilization, embryo culture, and transfer. These devices and consumables play a significant role in helping women with damaged or blocked fallopian tubes achieve successful pregnancies and deliver healthy babies. They also assist in addressing male infertility through techniques like intra-cytoplasmic sperm injection (ICSI). IVF devices and consumables are widely utilized in fertility clinics, hospitals, surgical centers, and clinical research institutes to support fertility treatments and 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 driven by increasing awareness among individuals about the benefits of IVF therapy for achieving successful pregnancies, as well as the growing number of delayed pregnancies worldwide. Additionally, the expanding healthcare industry and the availability of gamete donations to support intended parents in their journey to have a child are significant factors contributing to market growth. Government investments in healthcare infrastructure further enhance market prospects. Moreover, leading market players are investing in research and development to improve techniques such as embryo culture, cryopreservation, and in vitro maturation, while implementing effective marketing strategies to expand their customer base. The integration of artificial intelligence (AI) in IVF, particularly for embryo identification, is also anticipated to drive the IVF devices and consumables market in the coming years.

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

 By Geography:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

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.