The In Vitro Fertilization (IVF) Service market Size is projected to hit USD 1.38 bllion by 2030 from USD 696 million in 2022, at a CAGR of 8.9% from 2023 to 2030.

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The In Vitro Fertilization (IVF) Service Market has witnessed significant growth in recent years, driven by various factors such as increasing infertility rates, advancements in reproductive technologies, and growing awareness about assisted reproductive techniques. IVF is a medical procedure that helps couples struggling with infertility to conceive a child by combining an egg and sperm outside the body in a laboratory dish and then transferring the resulting embryo into the woman's uterus.

One of the key drivers of the IVF service market is the rising prevalence of infertility worldwide. Factors such as changing lifestyles, delayed pregnancies, hormonal imbalances, and genetic disorders have contributed to an increase in infertility rates among both men and women. As a result, there has been a surge in demand for IVF services as couples seek alternative methods to achieve pregnancy.

KEY MARKET SEGMENTS

By Cycle Type

·         Fresh IVF Cycles (Non-Donor)

·         Thawed IVF Cycles (Non-Donor)

·         Donor Egg IVF Cycle

·         Frozen Non-donor IVF Cycles

·         Frozen Donor IVF Cycles

By Product

Equipment

·         Sperm Analyzer Syate

·         Imaging System

·         Ovum Aspiration Pumps

·         Incubators

·         Micromanipulator Systems

·         Laser system

·         Gas Analyzer

·         Sperm Separation Devices

·         IVF Cabinets

·         Cryosystems

·         Witness Systems

·         Anti-Vibration Tables

·         Other Equipments

Reagents & Media

·         Cryopreservation Media

·         Sperm Processing Media

·         Ovum Processing Media

·         Embryo Culture Media

·         Accessories

By Type

·         Conventional IVF

·         IVF with ICSI

·         IVF with Donar Eggs

·         Others

By End-User

·         Fertility Clinics

·         Hospitals

·         Surgical centers

·         Clinical research institute

·         Cryobanks

Major Players Listed in the Report are as Follows:

The Cooper Companies Inc., Cook Group, Vitrolife, Thermo Fisher Scientific, Inc., Esco Micro Pte. Ltd., Genea Limited, IVFtech ApS, FUJIFILM Irvine Scientific, The Baker Company Inc., Kitazato Corporation, Corning Corporation, Hamilton Thorne Ltd., ZEISS Group, FERTIPRO N, and Eppendorf. and Other Players.

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