(PharmaNewsWire.Com, January 05, 2017 ) According to the report In-Vitro Fertilization (IVF), published by Market Data Forecast, the global market is projected to reach USD 3.20 billion by 2021, at a CAGR of 16.40% from 2016 to 2021.
In-vitro fertilization Market involves the fertilization of ovum using laboratory settings followed by implantation into uterus. In-vitro fertilization is also known as assisted reproductive technology. The process involves the collection of matured healthy eggs and sperms from the partners, or known or anonymous donors.
These eggs get fertilized using laboratory reagents & media and instruments. Fertilized eggs (embryos) are implanted into uterus for the continuation of development of embryo to child. One cycle of in-vitro fertilization takes around 10-15 days. IVF is most widely accepted method for the fertility treatments in clinical industry and helpful for the couples with infertility problems, single mothers, as well as LGBT communities. The major product categories that assist in-vitro fertilization method include reagents & media (such as embryo culture media, sperm processing media) and instruments (sperm separation system, cryosystems).
Growing number of delayed pregnancies among women, rising awareness pertaining to infertility consequences, and presence of favorable reimbursement systems are driving the growth of the global in-vitro fertilization market. In addition, increasing technological advancements in in-vitro fertilization procedures (embryoscope & capsule in-vitro fertilization), rising medical tourisms across the major countries, growing gynecological disorders & fertility disorders, increasing focus of clinical research institutes towards the innovation of in-vitro fertilization technologies, and occurrence of lifestyle disorders (obesity & smoking that favor infertility) are further propelling the growth of the global in-vitro fertilization market.
The In-Vitro Fertilization is segmented as following:
On the basis of Reagents & Media
Embryo Culture Media
Cryopreservation Media
Sperm Processing Media
Ovum Processing Media
On the basis of Instruments
Imaging Systems
Sperm Separation Systems
Ovum Aspiration Pumps
Incubators
Micromanipulator Systems
Cryosystems
Other Instruments
On the basis of Technology
Intra-Cytoplasmic Sperm Injection
Pre-Implantation Genetic Diagnosis
Frozen Embryo Transfer/Replacement
Other Technologies
On the basis of End Users
Fertility and Surgical Centers
Hospitals and Research Laboratories
Cryobanks
On the basis of Geography
North America In-Vitro Fertilization Market
Europe In-Vitro Fertilization Market
Asia-Pacific In-Vitro Fertilization Market
Latin America In-Vitro Fertilization Market
Middle East & Africa In-Vitro Fertilization Market
The major companies operating in the global In-Vitro Fertilization market are CooperSurgical, Inc. (U.S.), Vitrolife AB (Sweden), Cook Medical, Inc. (U.S.), Irvine Scientific (U.S.), Thermo Fisher Scientific, Inc. (U.S.), EMD Serono, Inc. (U.S.), Genea Limited (Australia), ESCO Micro Pte. Limited (Singapore), IVFtech ApS (Denmark), and The Baker Company, Inc. (U.S.).
The In-Vitro Fertilization Market study offers the following deliverables:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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