Global IVF Devices and Consumables Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product;

Instrument - Sperm Separation System, Cryosystem, Incubator, Imaging System, Ovum Aspiration Pump, Cabinet, Micromanipulator and Others, Accessory & Disposable and Reagent & Media - Cryopreservation Media, Semen Processing Media, Ovum Processing Media and Embryo Culture Media.

By Medical Technology Type;

Fresh Embryo IVF, Frozen Embryo IVF and Donor Egg IVF.

By End User;

Fertility Clinic, Hospital, Surgical Center and Clinical Research Institute.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn125005453 Published Date: May, 2024 Updated Date: June, 2024


Global IVF Devices and Consumables Market (USD Million), 2020 - 2030

In the year 2023, the Global IVF Devices and Consumables Market was valued at USD 3,136.19 million. The size of this market is expected to increase to USD 10,369.63 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 18.6%.

The global market for in vitro fertilization (IVF) devices and consumables has been experiencing steady growth in recent years, driven by various factors such as increasing infertility rates, advancements in technology, and rising awareness about assisted reproductive techniques. IVF has emerged as a viable solution for couples facing difficulties in conceiving naturally, thereby boosting the demand for IVF devices and consumables worldwide.

Technological advancements in IVF procedures have led to the development of more efficient and sophisticated devices and consumables, which offer higher success rates and reduced risks for both patients and healthcare providers. These innovations include advanced embryo culture systems, micromanipulation tools, and specialized media and reagents, all aimed at optimizing the IVF process and improving outcomes.

The growing trend of delaying parenthood, lifestyle changes, and increasing prevalence of conditions such as polycystic ovary syndrome (PCOS) and endometriosis have contributed to the rise in demand for IVF services globally. Additionally, supportive government initiatives and favorable reimbursement policies for infertility treatments in many countries have further propelled the growth of the IVF devices and consumables market.

Challenges such as high treatment costs, ethical concerns, and varying regulatory frameworks across different regions may hinder market growth to some extent. Nonetheless, ongoing research and development activities aimed at enhancing the efficacy and safety of IVF procedures are expected to drive continued innovation in the field, fostering market expansion in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Medical Technology Type
    3. Market Snapshot, By End User
    4. Market Snapshot, By Region
  4. Global IVF Devices and Consumables Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological advancements
        2. Increasing infertility rates
        3. Growing awareness and acceptance
        4. Rising healthcare expenditure
      2. Restraints
        1. High cost of treatment
        2. Ethical concerns
        3. Limited insurance coverage
        4. Legal and regulatory hurdles
      3. Opportunities
        1. Emerging markets expansion
        2. Development of personalized medicine
        3. Innovations in IVF techniques
        4. Strategic collaborations and partnerships
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global IVF Devices and Consumables Market, By Product, 2020 - 2030 (USD Million)
      1. Instrument
        1. Sperm Separation System
        2. Cryosystem
        3. Incubator
        4. Imaging System
        5. Ovum Aspiration Pump
        6. Cabinet
        7. Micromanipulator
        8. Others
      2. Accessory & Disposable
      3. Reagent & Media
        1. Cryopreservation Media
        2. Semen Processing Media
        3. Ovum Processing Media
        4. Embryo Culture Media
    2. Global IVF Devices and Consumables Market, By Medical Technology Type, 2020 - 2030 (USD Million)
      1. Fresh Embryo IVF
      2. Frozen Embryo IVF
      3. Donor Egg IVF
    3. Global IVF Devices and Consumables Market, By End User, 2020 - 2030 (USD Million)
      1. Fertility Clinic
      2. Hospital
      3. Surgical Center
      4. Clinical Research Institute
    4. Global IVF Devices and Consumables Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
      5. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  6. Competitive Landscape
    1. Company Profiles
      1. CooperSurgical, Inc
      2. Vitrolife AB
      3. Cook Medical LLC
      4. Thermo Fisher Scientific Inc
      5. Irvine Scientific
      6. Merck KGaA
      7. Genea Biomedx
      8. Fertility Focus Ltd
      9. Esco Micro Pte Ltd
      10. Kitazato Corporation
  7. Analyst Views
  8. Future Outlook of the Market