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: April, 2025 Updated Date: May, 2025

Introduction

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

In the year 2024, the Global In-Vitro Fertilization Market was valued at USD 7,143.49 million. 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 global 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. Global In-Vitro Fertilization Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements

        2. Changing Regulatory Landscape

        3. Societal Acceptance

      2. Restraints
        1. High Cost Barrier

        2. Ethical Concerns

        3. Limited Access

      3. Opportunities
        1. Emerging Markets Expansion

        2. Fertility Tourism Growth

        3. Genetic Screening Adoption

    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 Market, By Product, 2021 - 2031 (USD Million)
      1. Micromanipulators

      2. Incubators

      3. Cabinets

      4. Imaging System

      5. Laser System

      6. Reagents & Accessories

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

      2. IVF with ICSI

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

      1. Fresh Donor

      2. Frozen Donor

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

      1. Fertility Clinics

      2. Hospitals & Others Setting

    5. Global 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. Cooper Companies Inc.
      2. Cook Group
      3. Vitrolife
      4. Thermo Fisher Scientific, Inc.
      5. Esco Micro Pte. Ltd.
      6. Genea Limited
      7. IVFtech ApS
  7. Analyst Views
  8. Future Outlook of the Market