Global In Vitro Fertilization (IVF) Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Instrument;

Capital Equipment, Culture Media, and IVF Disposable Devices

By Procedure;

Fresh Non-Donor, Frozen Non-Donor, Fresh Donor, and Frozen Donor

By Type;

Conventional IVF and IVF with ICSI

By End Use;

Fertility Clinics and Hospitals

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn731485604 Published Date: May, 2025 Updated Date: June, 2025

Introduction

Global In Vitro Fertilization (IVF) Market (USD Million), 2021 - 2031

In Vitro Fertilization (IVF) Market was valued at USD 26,171.60 million in the year 2024. The size of this market is expected to increase to USD 37,171.16 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.2%.


Global In Vitro Fertilization (IVF) Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 5.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.2 %
Market Size (2024)USD 26,171.60 Million
Market Size (2031)USD 37,171.16 Million
Market ConcentrationMedium
Report Pages339
26,171.60
2024
37,171.16
2031

Major Players

  • OvaScience
  • Vitrolife
  • EMD Serono
  • Irvine Scientific
  • The Cooper Companies
  • Cook Medical
  • Thermo Fisher Scientific
  • Genea Biomedx
  • Progyny
  • Boston IVF

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global In Vitro Fertilization (IVF) Market

Fragmented - Highly competitive market without dominant players


The in vitro fertilization (IVF) market is witnessing steady growth, driven by increasing demand for assisted reproductive technologies (ART). IVF has become a preferred option for couples seeking advanced fertility solutions, accounting for nearly 40% of all ART procedures. This surge is largely due to delayed parenthood, evolving lifestyle choices, and heightened awareness of fertility treatments.

Technological Breakthroughs Enhancing IVF Success
Innovative advancements in IVF procedures have significantly improved success rates and patient outcomes. Techniques like time-lapse imaging and preimplantation genetic screening (PGS) have contributed to a 30% boost in implantation success rates. Additionally, the adoption of minimally invasive approaches and improved fertility medications are enhancing patient experiences and outcomes.

Growing Acceptance of IVF Treatments
The acceptance of IVF treatments is on the rise, with nearly 25% of couples choosing this path due to medical conditions like endometriosis and polycystic ovary syndrome (PCOS). This shift in perception is creating a supportive environment for fertility clinics and specialized centers, further accelerating market growth.

Popularity of Frozen Embryo Transfers (FET)
Frozen embryo transfers (FET) have become a popular choice, representing nearly 35% of all IVF cycles. FET is favored for its higher success rates, reduced medical risks, and cost-effectiveness, making it a preferred option for many patients. This trend is encouraging more clinics to incorporate FET into their offerings, driving market expansion.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Instrument
    2. Market Snapshot, By Procedure
    3. Market Snapshot, By Type
    4. Market Snapshot, By End Use
    5. Market Snapshot, By Region
  4. Global In Vitro Fertilization (IVF) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Advancements in Assisted Reproductive Technologies
        2. Increasing Infertility Rates
        3. Growing Demand for Parenthood Delayed Due to Career and Lifestyle Factors
        4. Expanding Access to IVF Services
      2. Restraints
        1. High Cost of IVF Treatment
        2. Ethical and Legal Concerns
        3. Emotional and Psychological Stress Associated with IVF
        4. Risk of Multiple Pregnancies and Birth Defects
      3. Opportunities
        1. Technological Advancements in IVF Techniques
        2. Growing Acceptance of Third-Party Reproduction
        3. Expansion of Fertility Tourism
        4. Rising Demand for Egg Freezing and Social Egg Freezing
    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 In Vitro Fertilization (IVF) Market, By Instrument, 2021 - 2031 (USD Million)
      1. Capital Equipment
      2. Culture Media
      3. IVF disposable devices
    2. Global In Vitro Fertilization (IVF) Market, By Procedure, 2021 - 2031 (USD Million)
      1. Fresh Non-Donor
      2. Frozen Non-Donor
      3. Fresh Donor
      4. Frozen Donor
    3. Global In Vitro Fertilization (IVF) Market, By Type, 2021 - 2031 (USD Million)
      1. Conventional IVF
      2. IVF With ICSI
    4. Global In Vitro Fertilization (IVF) Market, By End Use, 2021 - 2031 (USD Million)
      1. Fertility Clinics
      2. Hospitals
    5. Global In Vitro Fertilization (IVF) Market, By Geography, 2021 - 2031 (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. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. OvaScience
      2. Vitrolife
      3. EMD Serono
      4. Irvine Scientific
      5. The Cooper Companies
      6. Cook Medical
      7. Thermo Fisher Scientific
      8. Genea Biomedx
      9. Progyny
      10. Boston IVF
  7. Analyst Views
  8. Future Outlook of the Market