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

By Product;

Micromanipulators, Incubators, Cabinets, Imaging System, Laser System, and Reagents & Accessories

By Type;

Conventional IVF and IVF with ICSI

By Procedure;

Fresh Donor and Frozen Donor

By Providers;

Fertility Clinics, and Hospitals & Others Setting

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn343808517 Published Date: May, 2025 Updated Date: June, 2025

In-Vitro Fertilization Market Overview

In-Vitro Fertilization Market (USD Million)

In-Vitro Fertilization Market was valued at USD 7,143.49 million in the year 2024. The size of this market is expected to increase to USD 12,809.07 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.7%.


Global In-Vitro Fertilization Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 8.7 %


Study Period2025 - 2031
Base Year2024
CAGR (%)8.7 %
Market Size (2024)USD 7,143.49 Million
Market Size (2031)USD 12,809.07 Million
Market ConcentrationMedium
Report Pages308
7,143.49
2024
12,809.07
2031

Major Players

  • Cooper Companies Inc.
  • Cook Group
  • Vitrolife
  • Thermo Fisher Scientific, Inc.
  • Esco Micro Pte. Ltd.
  • Genea Limited
  • IVFtech ApS

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global In-Vitro Fertilization Market

Fragmented - Highly competitive market without dominant players


The in vitro fertilization (IVF) market is growing rapidly due to the rising prevalence of infertility and the increasing demand for advanced reproductive solutions. Around 15% of couples worldwide face infertility challenges, boosting the adoption of IVF as an effective treatment option. IVF success rates have improved with technological advancements, and over 45% of treatments are now sought by individuals over 35, driven by later-life childbearing trends.

Rising Awareness and Demand for Fertility Treatments
Growing awareness of fertility solutions has accelerated IVF adoption, especially as more patients look for personalized treatment plans. With technological breakthroughs like genetic screening and embryo freezing, success rates have increased by 40-45%, further fueling market demand.

Fertility Tourism Driving Market Growth
Fertility tourism is on the rise as patients seek more affordable IVF options abroad, representing an expected 25% of the market. This growing trend contributes to market expansion and diversifies IVF access worldwide.

Regulatory and Ethical Advancements Supporting Market Growth
Government regulations and insurance coverage for IVF treatments are making fertility care more accessible, with 20-30% of patients utilizing insurance to ease costs. These policy changes are expected to broaden IVF treatment accessibility, enhancing the market’s overall growth.

  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 Type
    3. Market Snapshot, By Procedure
    4. Market Snapshot, By Providers
    5. Market Snapshot, By Region
  4. In-Vitro Fertilization Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising infertility rates among global population
        2. Delayed parenthood trends in urban societies
        3. Technological advancements in IVF procedures
        4. Growing medical tourism for fertility treatment
      2. Restraints
        1. High cost of IVF treatment cycles
        2. Ethical concerns and regulatory limitations
        3. Limited success rates in older patients
        4. Lack of awareness in rural regions
      3. Opportunities
        1. Emerging markets increasing IVF adoption
        2. Innovations in embryo freezing techniques
        3. Government support for fertility treatments
        4. Expanding fertility clinics in developing countries
    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. In-Vitro Fertilization Market, By Product, 2021 - 2031 (USD Million)
      1. Micromanipulators

      2. Incubators

      3. Cabinets

      4. Imaging System

      5. Laser System

      6. Reagents & Accessories

    2. In-Vitro Fertilization Market, By Type, 2021 - 2031 (USD Million)
      1. Conventional IVF

      2. IVF with ICSI

    3. In-Vitro Fertilization Market, By Procedure, 2021 - 2031 (USD Million)\

      1. Fresh Donor

      2. Frozen Donor

    4. In-Vitro Fertilization Market, By Providers, 2021 - 2031 (USD Million)

      1. Fertility Clinics

      2. Hospitals & Others Setting

    5. In-Vitro Fertilization 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. CooperSurgical Inc.
      2. Vitrolife
      3. Cook Medical Inc.
      4. Hamilton Thorne Ltd.
      5. Thermo Fisher Scientific
      6. Fujifilm Irvine Scientific
      7. Nikon Corporation
      8. Esco Micro Pte. Ltd.
      9. Olympus
      10. Kitazato Corporation
      11. Corning Incorporated
      12. Carl Zeiss AG
      13. Fertipro NV
      14. Eppendorf
  7. Analyst Views
  8. Future Outlook of the Market