IMARC Group's report titled "IVF Devices and Consumables Market Report by Product (Instruments, Accessories and Disposables, Reagents and Media), Technology (Fresh Embryo IVF, Frozen Embryo IVF, Donor Egg IVF), End User (Fertility Clinics, Hospitals, Surgical Centers, Clinical Research Institutes), and Region 2024-2032". offers a comprehensive analysis of the industry, which comprises insights on the global ivf devices and consumables market growth. The global market size reached US$ 2.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 8.1 Billion by 2032, exhibiting a growth rate (CAGR) of 12.7% during 2024-2032.

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Factors Affecting the Growth of the IVF Devices and Consumables Industry:

• Increasing Infertility Rates:

As infertility rates are rising around the world due to lifestyle changes, environmental factors, and medical conditions like polycystic ovary syndrome (PCOS) and endometriosis, there is a greater demand for fertility treatments, including IVF. Couples facing difficulties conceiving naturally often turn to assisted reproductive technologies like IVF to fulfill their desire for parenthood. With more individuals and couples experiencing infertility, the patient pool for IVF procedures is expanding. This increased demand leads to a higher utilization of IVF devices and consumables, including culture media, micromanipulation tools, and cryopreservation equipment, among others.

• Technological Advancements:

Innovations in IVF technology are leading to significant improvements in success rates, making the procedure more effective for couples struggling with infertility. Advancements, such as time-lapse imaging systems, allow for continuous monitoring of embryo development, helping embryologists select the healthiest embryos for transfer, thereby increasing the chances of successful implantation and pregnancy. Technological developments are also leading to the refinement of embryo culture systems, including the development of specialized culture media and incubation systems that mimic the conditions of the female reproductive tract.

• Medical Tourism:

Many individuals and couples from countries with limited access to advanced IVF treatments or high treatment costs choose to travel to destinations where IVF procedures are more affordable. Lower treatment costs in medical tourism destinations attract patients seeking cost-effective fertility solutions, thereby increasing the demand for IVF devices and consumables in these regions. Medical tourism hubs often host specialized fertility clinics and centers that cater to international patients seeking IVF treatments. These clinics typically invest in state-of-the-art IVF equipment and employ highly trained professionals, creating a conducive environment for IVF procedures.

Leading Companies Operating in the Global Shale Gas Processing Equipment Industry:

• 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
• Vitrolife

IVF Devices and Consumables Market Report Segmentation: 

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

Accessories and disposables represent the largest segment due to the recurring need for items like culture media, catheters, and needles in every IVF procedure.

By Technology:

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

Fresh embryo IVF accounts for the majority of the market share owing to its preference for assisted reproduction, particularly in cases where fresh embryos are available for transfer.

By End User:

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

Fertility clinics hold the biggest market share as they are the primary facilities where IVF procedures are performed, driving consistent demand for devices and consumables.

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

North America enjoys the leading position in the IVF devices and consumables market on account of its high infertility rates, advanced healthcare infrastructure, supportive regulatory frameworks, and a strong emphasis on technological innovation within the region.

Global IVF Devices and Consumables Market Trends:

Higher societal acceptance and awareness of assisted reproductive technologies, leading to increased utilization of IVF treatments across various demographics. The growing interest in fertility preservation techniques, such as egg freezing and sperm banking, among individuals facing medical treatments or lifestyle choices that may affect fertility. Diversification of IVF techniques beyond traditional infertility treatment to include fertility preservation and single-parent reproduction, broadening the market scope. The rising trend of medical tourism for fertility treatments, with patients seeking affordable and high-quality IVF services in international destinations is propelling the growth of the market.

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