IVF devices and consumables market: 37% of growth will come from North America, culture media and reagents segment will be important for revenue generation

0

NEW YORK, September 6, 2022 /PRNewswire/ — The “IVF Devices and Consumables Market – Forecast and Analysis 2022-2026report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio has proudly partnered with over 100 Fortune 500 companies for over 16 years. Market share of IVF devices and consumables should increase to $1.58 billion from 2021 to 2026, and the growth momentum of the market will accelerate to a CAGR of 6.7%. Technavio categorizes the market for IVF devices and consumables as part of the global healthcare equipment market. Our research report has extensively covered the external factors influencing the growth potential of the parent market in the coming years, which will determine the growth levels of the IVF Devices and Consumables market over the forecast period. To know more about parent market analysis – Take 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 market for IVF devices and consumables is fragmented, with the presence of several global and regional suppliers. Global providers have established a strong foothold in diverse geographies around the world.

  • The established vendors present in the global IVF devices and consumables market are majorly focused on developing advanced and high-quality IVF products. Major vendors try to establish a strong customer base by distributing their products across the globe through strong distribution channels. It will also help them to stay competitive in the market and generate significant revenue from the market. They mainly compete with each other 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 providers.

  • To know the offers of the suppliers – Click now!

IVF Devices and Consumables Market – Segmentation Analysis

The IVF Devices and Consumables Market report is segmented by Product (Culture Media & Reagents, Accessories & Disposables, and Instruments) and Geography (North America, Europe, Asiaand rest of the world (ROW)).

  • Regional Highlights – 37% of market growth will come from North America during the forecast period. The United States and Canada are the main markets for IVF devices and consumables in North America. Market growth in this region will be faster than market growth in Europe and LINE. The significant rise in demand for ART procedures and rising infertility rate in the population will facilitate the growth of the IVF devices and consumables market in North America over the forecast period.

  • Revenue Generating Segment – Growth in the market share of IVF devices and consumables by culture media and reagents segment will be significant during the forecast period. Major factors contributing to the growth of the segment include increasing incidence of infertility in both males and females, increasing attention and awareness of ART procedures among more people, and the introduction of a variety of culture media and reagents, which are suitable for culturing and storing cells at different stages of IVF procedures.

Request a sample report for additional information on the contribution of all segments

IVF Devices and Consumables Market – Key Market Dynamics

  • Market engine – The key driver for the growth of the global in vitro fertilization devices and consumables market is the increase in the number of infertility cases. According to a 2020 CDC report, about 6% of married women ages 15-49 in the United States are unable to get pregnant after a year of trying to conceive. Additionally, about 14% of married women ages 15 to 49 in the United States have difficulty carrying a pregnancy to term, which is called impaired fertility. According to a 2021 CDC report, male and female factors contributed equally to approximately 35% of infertility cases.

  • Market Challenges – The main challenge for the growth of the global IVF devices and consumables market is the high cost of the procedure, as it includes the cost of ultrasound, blood tests, counseling and cycle management planning.

To learn more about key drivers, trends and additional challenges – Request a FREE sample report now!

The competitive scenario predicted in the IVF Devices and Consumables Market report analyzes, evaluates and positions companies based on various performance indicators. Some of the factors taken into account for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, market share growth, etc. your business goals with our IVF Devices and Consumables Market Forecast Report – Buy now!

Related reports:

  • The Portable Ultrasound Bladder Scanner Market The market share is expected to increase by USD 11.78 million from 2021 to 2026, and the market growth momentum will accelerate at a CAGR of 6%.

  • The Blood Warming Devices Market The market share is expected to increase by USD 366.99 million from 2021 to 2026, and the market growth momentum will accelerate at a CAGR of 7.54%.

Scope of the IVF Devices and Consumables Market

Report cover

Details

Page number

120

base year

2021

Forecast period

2022-2026

Growth momentum and CAGR

Accelerate at a CAGR of 6.7%

Market Growth 2022-2026

$1.58 billion

Market structure

Fragmented

Annual growth (%)

5.11

Regional analysis

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

Successful market contribution

North America at 37%

Main consumer countries

United States, Canada, Germany, Spain and India

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

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 drivers and barriers, analysis of fast and slow growing segments, impact of COVID-19 and future consumer dynamics, and analysis of market conditions for the forecast period.

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Search Technavio “Health market“Research Reports

Main topics covered:

1. 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 Supplier landscape

10 Vendor Analysis

11 Appendix

About Us

Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Manager
USA: +1 844 364 1100
UK: +44 203 893 3200
E-mail:[email protected]
Website: www.technavio.com/

Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

Quote

Quote

Show original content to download multimedia:https://www.prnewswire.com/news-releases/ivf-devices-and-consumables-market-37-of-growth-to-originate-from-north-america-culture-media–reagents-segment-to -be-meaningful-to-revenue-generation—technavio-301617712.html

SOURCETechnavio

Share.

Comments are closed.