IVF Devices and Consumables Market: 37% of Growth to Originate from North America, Culture Media & Reagents Segment to be Significant for Revenue Generation

NEW YORK, September 6, 2022 /PRNewswire/ — The “IVF Devices And Consumables Market – Forecast and Analysis 2022-2026” report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. 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%. Technavio categorizes the IVF devices and consumables market as 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. To know more about the parent market analysis – Grab a FREE Sample Now!

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

IVF Devices And Consumables Market – Vendor Landscape

  • The global IVF devices and consumables market is fragmented, with the presence of several global and regional vendors. Global vendors have established a strong foothold in diversified geographies across the globe.

  • The established vendors present in the global IVF devices and consumables market mainly focus on developing high-quality and advanced products for IVF. Prominent vendors are trying to establish a strong customer base by distributing their products across the world through strong distribution channels. This will also help them remain competitive in the market and garner significant market revenue. They mainly compete in terms of quality, price, and brand. Most manufacturers of IVF devices and consumables are based in North America and Europe.

  • BIOPSYBELL SRL, Cook Group Inc., Esco Micro Pvt. Ltd., FUJIFILM Holdings Corp., Hamilton Thorne, Inc., The Merck Group, Sysmex Corp, The Cooper Companies, Inc., Thermo Fisher Scientific Inc., and Vitrolife Sweden AB are some of the major vendors.

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IVF Devices And Consumables Market – Segmentation Analysis

The IVF devices and consumables market report is segmented by Product (culture media and reagents, accessories and disposables, and instruments) and Geography (North America, Europe, Asiaand the Rest of the World (ROW)).

  • Regional Highlights – 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 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.

  • Revenue Generating Segment – 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.

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IVF Devices And Consumables Market – Key Market Dynamics

  • Market Driver – The key factor 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 the CDC report of 2021, both male and female factors contributed equally to about 35% of infertility cases.

  • Market Challenges – The key challenge 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.

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The competitive scenario provided in the IVF Devices and Consumables Market report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc. Don’t wait, Make a strategic approach & boost your business goals with our IVF Devices And Consumables Market Forecast Report – Buy Now!

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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

USD 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

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 future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get customized segments.

Browse for Technavio “Healthcare Market” Research Reports

Key Topics Covered:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Product

6 Customer Landscape

7 Geographic Landscape

8 Drivers, Challenges, and Trends

9 Vendor Landscape

10 Vendor Analysis

11 Appendix

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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