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IVF Devices and Consumables Market by Product and Geography - Forecast and Analysis 2022-2026

  • Published: Jul 2022
  • Pages: 137
  • SKU: IRTNTR45326
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The IVF devices and consumables market share is expected to increase to USD 1.58 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.7%.

This in vitro fertilization (IVF) devices and consumables market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers IVF devices and consumables market segmentation by product (culture media and reagents, accessories and disposables, and instruments) and geography (North America, Europe, Asia, and Rest of World (ROW)). The in vitro fertilization devices and consumables market report also offers information on several market vendors, including BIOPSYBELL Srl, CCD Laboratory, Cook Medical LLC, Esco Medical, FUJIFILM Irvine Scientific Inc., Genea Biomedx, Hamilton Thorne Ltd., Intermedics Ltd., INVO Bioscience Inc., IVFtech ApS, KITAZATO Corp., LabIVF Asia Pte Ltd., Merck KGaA, Progyny Inc., Rocket Medical Plc, SAR Healthline Pvt Ltd., Shivani Scientific Industries Pvt. Ltd., The Cooper Companies Inc., Thermo Fisher Scientific Inc., and Vitrolife AB among others.

What will the IVF Devices and Consumables Market Size be During the Forecast Period?

IVF Devices and Consumables Market Size

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IVF Devices and Consumables Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The rise in the number of infertility cases is notably driving the in vitro fertilization (IVF) devices and consumables market growth, although factors such as the high cost of the procedure may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the IVF devices and consumables industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key IVF Devices and Consumables Market Driver

One of the key factors driving the global in vitro fertilization devices and consumables market growth is the rise in the number of infertility cases. According to a CDC report of 2020, about 6% of married women aged 15-49 years in the US are unable to get pregnant after a year of trying to conceive. Also, about 14% of married women aged 15-49 years in the US have difficulty in carrying a pregnancy to term, which is termed impaired fecundity. As per a CDC report of 2021, both male and female factors contributed equally to about 35% of infertility cases. Conditions affecting female fertility include PCOS, diminished ovarian reserve, functional hypothalamic amenorrhea, premature ovarian insufficiency, and menopause. The conditions affecting male fertility include varicoceles, trauma, unhealthy habits that affect sperm production, the use of certain medications, cancer treatment, genetic disorders, and hormonal disorders. The increase in the above conditions will contribute to the growth of the market during the forecast period.

Key IVF Devices and Consumables Market Trend

Emerging trend of delayed pregnancies among women is one of the key IVF devices and consumables market trends that is expected to impact the industry positively in the forecast period. The average age of women with the first childbirth is increasing owing to factors such as the focus on careers and the lack of readiness to take up the responsibilities of childcare.his increases the risk of infertility because fertility declines with age. The rising chances of infertility, thereby increasing the potential demand for IVF devices and consumables. Moreover, fecundity begins to decrease after a woman reaches her 40s. Also, older pregnant women have an increased risk of placenta previa, gestational diabetes, operative delivery, hypertensive disorders, and maternal mortality. Also, with the increase in age, the supply of eggs depletes, and the risk of having a child with genetic disorders increases. Such factors will further boost the growth of the market in ficus in the forecast years.

Key IVF Devices and Consumables Market Challenge

One of the key challenges to the global IVF devices and consumables market growth is the high cost of the procedure as it includes the cost of ultrasound, blood tests, counseling, and cycle management planning. According to Fertility IQ, in the US, the average cost of one cycle of IVF is more than $20,000. However, since the typical IVF patient undergoes two cycles, the whole cost of IVF is often between $40,000 and $60,000. Monash IVF in Australia, offering various IVF services, provides approximate out-of-pocket expenses for an IVF cycle. For an initial IVF cycle, the cost is $4,787, and for subsequent IVF cycles, the cost is $4,174. Thus, the high cost of IVF cycles may hinder the growth of the market during the forecast period.

This IVF devices and consumables market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global IVF devices and consumables market as a part of the global healthcare equipment market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the IVF devices and consumables market during the forecast period.

Who are the Major IVF Devices and Consumables Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • BIOPSYBELL Srl
  • CCD Laboratory
  • Cook Medical LLC
  • Esco Medical
  • FUJIFILM Irvine Scientific Inc.
  • Genea Biomedx
  • Hamilton Thorne Ltd.
  • Intermedics Ltd.
  • INVO Bioscience Inc.
  • IVFtech ApS
  • KITAZATO Corp.
  • LabIVF Asia Pte Ltd.
  • Merck KGaA
  • Progyny Inc.
  • Rocket Medical Plc
  • SAR Healthline Pvt Ltd.
  • Shivani Scientific Industries Pvt. Ltd.
  • The Cooper Companies Inc.
  • Thermo Fisher Scientific Inc.
  • Vitrolife AB

 

This statistical study of the IVF devices and consumables market encompasses successful business strategies deployed by the key vendors. The IVF devices and consumables market is fragmented and the vendors are deploying growth strategies such as investment in R&D to compete in the market.

Product Insights and News

  • BIOPSYBELL Srl - The company offers IVF devices and consumables that are indicated for ovum retrieval from the ovaries and reimplantation or cryopreservation. 
  • BIOPSYBELL Srl - The unified segment of the company manufactures medical equipment for surgeries such as assisted reproductive technology, ortho biologics, spine, and others. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The IVF devices and consumables market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

IVF Devices and Consumables Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the IVF devices and consumables market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for IVF Devices and Consumables Market?

IVF Devices and Consumables Market Market segmentation by region

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37% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for IVF devices and consumables in North America. Market growth in this region will be faster than the growth of the market in Europe and ROW.

The significant increase in demand for ART procedures and the rise in the infertility rate in the population will facilitate the IVF devices and consumables market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 had a negative impact on the demand for IVF devices and consumables in North America as the supply chain network for medical devices came to a halt in the first half of 2020. This decreased the sales of medical devices in the region. However, the initiation of large-scale vaccination drives and restoration of the supply chain of medical devices revived the growth of the market in the first half of 2021. Furthermore, financial packages provided by the governments of countries in the region, such as the US, to stimulate the growth of the healthcare industry and the rising consolidation activities in the market will propel the growth of the regional IVF devices and consumables market during the forecast period.

What are the Revenue-generating Product Segments in the IVF Devices and Consumables Market?

IVF Devices and Consumables Market Segmentation

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The IVF devices and consumables market share growth by the culture media and reagents segment will be significant during the forecast period. The major factors contributing to the growth of the segment include the increasing incidence of infertility among both men and women, the growing focus and awareness of ART procedures among more people, and the introduction of a variety of cultural media and reagents, which are suitable to grow and store the cells at various stages of IVF procedures. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the IVF devices and consumables market size and actionable market insights on post COVID-19 impact on each segment.

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IVF Devices market - The market has the potential to grow by USD 314.02 million during 2021-2025, and the market's growth momentum will decelerate at a CAGR of 7.58%.

Infertility Treatment Devices market - The market share is expected to increase by USD 722.40 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.75%.

IVF Devices and Consumables Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 6.7%

Market growth 2022-2026

$ 1.58 billion

Market structure

Fragmented

YoY growth (%)

5.11

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 37%

Key consumer countries

US, Canada, Germany, Spain, and India

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

BIOPSYBELL Srl, CCD Laboratory, Cook Medical LLC, Esco Medical, FUJIFILM Irvine Scientific Inc., Genea Biomedx, Hamilton Thorne Ltd., Intermedics Ltd., INVO Bioscience Inc., IVFtech ApS, KITAZATO Corp., LabIVF Asia Pte Ltd., Merck KGaA, Progyny Inc., Rocket Medical Plc, SAR Healthline Pvt Ltd., Shivani Scientific Industries Pvt. Ltd., The Cooper Companies Inc., Thermo Fisher Scientific Inc., and Vitrolife AB

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

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What are the Key Data Covered in this IVF Devices and Consumables Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive IVF devices and consumables market growth during the next five years
  • Precise estimation of the IVF devices and consumables market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the IVF devices and consumables industry across North America, Europe, Asia, and Rest of World (ROW)
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of IVF devices and consumables market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Product

    • 5.1 Market segments
      • Exhibit 24: Chart on Product - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
    • 5.2 Comparison by Product
      • Exhibit 26: Chart on Comparison by Product
      • Exhibit 27: Data Table on Comparison by Product
    • 5.3 Culture media and reagents - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Culture media and reagents - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Culture media and reagents - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Culture media and reagents - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Culture media and reagents - Year-over-year growth 2021-2026 (%)
    • 5.4 Accessories and disposables - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Accessories and disposables - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Accessories and disposables - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Accessories and disposables - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Accessories and disposables - Year-over-year growth 2021-2026 (%)
    • 5.5 Instruments - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Instruments - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on Instruments - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on Instruments - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Instruments - Year-over-year growth 2021-2026 (%)
    • 5.6 Market opportunity by Product
      • Exhibit 40: Market opportunity by Product ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 44: Chart on Geographic comparison
      • Exhibit 45: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 Asia - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Asia - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Asia - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Asia - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Asia - Year-over-year growth 2021-2026 (%)
    • 7.6 Rest of World (ROW) - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
    • 7.7 US - Market size and forecast 2021-2026
      • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.8 Germany - Market size and forecast 2021-2026
      • Exhibit 66: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.9 India - Market size and forecast 2021-2026
      • Exhibit 70: Chart on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on India - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on India - Year-over-year growth 2021-2026 (%)
    • 7.10 Spain - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Spain - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on Spain - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on Spain - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Spain - Year-over-year growth 2021-2026 (%)
    • 7.11 Canada - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.12 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 BIOPSYBELL Srl
              • Exhibit 89: BIOPSYBELL Srl - Overview
              • Exhibit 90: BIOPSYBELL Srl - Product / Service
              • Exhibit 91: BIOPSYBELL Srl - Key offerings
            • 10.4 Cook Medical LLC
              • Exhibit 92: Cook Medical LLC - Overview
              • Exhibit 93: Cook Medical LLC - Product / Service
              • Exhibit 94: Cook Medical LLC - Key offerings
            • 10.5 Esco Medical
              • Exhibit 95: Esco Medical - Overview
              • Exhibit 96: Esco Medical - Product / Service
              • Exhibit 97: Esco Medical - Key offerings
            • 10.6 FUJIFILM Irvine Scientific Inc.
              • Exhibit 98: FUJIFILM Irvine Scientific Inc. - Overview
              • Exhibit 99: FUJIFILM Irvine Scientific Inc. - Product / Service
              • Exhibit 100: FUJIFILM Irvine Scientific Inc. - Key offerings
            • 10.7 Hamilton Thorne Ltd.
              • Exhibit 101: Hamilton Thorne Ltd. - Overview
              • Exhibit 102: Hamilton Thorne Ltd. - Product / Service
              • Exhibit 103: Hamilton Thorne Ltd. - Key offerings
            • 10.8 INVO Bioscience Inc.
              • Exhibit 104: INVO Bioscience Inc. - Overview
              • Exhibit 105: INVO Bioscience Inc. - Product / Service
              • Exhibit 106: INVO Bioscience Inc. - Key offerings
            • 10.9 Merck KGaA
              • Exhibit 107: Merck KGaA - Overview
              • Exhibit 108: Merck KGaA - Business segments
              • Exhibit 109: Merck KGaA - Key news
              • Exhibit 110: Merck KGaA - Key offerings
              • Exhibit 111: Merck KGaA - Segment focus
            • 10.10 The Cooper Companies Inc.
              • Exhibit 112: The Cooper Companies Inc. - Overview
              • Exhibit 113: The Cooper Companies Inc. - Business segments
              • Exhibit 114: The Cooper Companies Inc. - Key offerings
              • Exhibit 115: The Cooper Companies Inc. - Segment focus
            • 10.11 Thermo Fisher Scientific Inc.
              • Exhibit 116: Thermo Fisher Scientific Inc. - Overview
              • Exhibit 117: Thermo Fisher Scientific Inc. - Business segments
              • Exhibit 118: Thermo Fisher Scientific Inc. - Key news
              • Exhibit 119: Thermo Fisher Scientific Inc. - Key offerings
              • Exhibit 120: Thermo Fisher Scientific Inc. - Segment focus
            • 10.12 Vitrolife AB
              • Exhibit 121: Vitrolife AB - Overview
              • Exhibit 122: Vitrolife AB - Business segments
              • Exhibit 123: Vitrolife AB - Key offerings
              • Exhibit 124: Vitrolife AB - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 125: Inclusions checklist
                • Exhibit 126: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 127: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 128: Research methodology
                • Exhibit 129: Validation techniques employed for market sizing
                • Exhibit 130: Information sources
              • 11.5 List of abbreviations
                • Exhibit 131: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              IVF Devices and Consumables Market market growth will increase by $1.58 bn during 2022-2026.
              The ivf devices and consumables market market is expected to grow at a CAGR of 6.7% during 2022-2026.
              Technavio has segmented the ivf devices and consumables market market by product (culture media and reagents, accessories and disposables, and instruments) and geography (North America, Europe, Asia, and Rest of World (ROW)).
              BIOPSYBELL Srl, CCD Laboratory, Cook Medical LLC, Esco Medical, FUJIFILM Irvine Scientific Inc., Genea Biomedx, Hamilton Thorne Ltd., Intermedics Ltd., INVO Bioscience Inc., IVFtech ApS, KITAZATO Corp., LabIVF Asia Pte Ltd., Merck KGaA, Progyny Inc., Rocket Medical Plc, SAR Healthline Pvt Ltd., Shivani Scientific Industries Pvt. Ltd., The Cooper Companies Inc., Thermo Fisher Scientific Inc., Vitrolife AB are a few of the key vendors in the ivf devices and consumables market market.
              North America will register the highest growth rate of 37% among the other regions. Therefore, the ivf devices and consumables market market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the ivf devices and consumables market market growth are:
              • Rise in the number of infertility cases
              • Emerging trend of delayed pregnancies among women
              The ivf devices and consumables market market vendors should focus on grabbing business opportunities from the culture media and reagents segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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