Europe In-Vitro Fertilization (IVF) Market Growth and Outlook | Industry Forecast Report 2021
Europe in-vitro fertilization (IVF) market is expected to reach USD 1.29 billion by 2021 from USD 0.63billion in 2016, growing at a CAGR of 15.4%
(EMAILWIRE.COM, December 01, 2017 ) In-vitro fertilization (IVF) 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).
Presence of subsidized in-vitro fertilization treatments, rising late stage marriages, growing adoption of in-vitro fertilization babies among population, increasing number of foreign patients, and growing number of fertility tourisms are driving the growth of in-vitro fertilization market in Europe. However, stringent government regulations and improper reimbursement scenarios are restraining the growth of in-vitro fertilization market in Europe.
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Europe in-vitro fertilization market is segmented based on reagents & media, instruments, technology, and end users. Based on reagents & media, the market is further sub-segmented as embryo culture media, cryopreservation media, sperm processing media, and ovum processing media. Of these, cryopreservation media accounted for the largest share of Europe in-vitro fertilization market by reagents & media in 2016. Based on instruments, the market is segmented as imaging systems, sperm separation systems, ovum aspiration pumps, incubators, micromanipulator systems, cryosystems, and other instruments (gas analyzers, laser systems, accessories). Of these, imaging systems commanded the largest share of Europe in-vitro fertilization market by instruments in 2016, whereas, sperm separation systems segment is expected to grow at the highest CAGR during forecast period 2016-2021.
Based on technology, the market is segmented as intra-cytoplasmic sperm injection, pre-implantation genetic diagnosis, frozen embryo transfer/replacement, and other technologies. Among these, intra-cytoplasmic sperm injection segment accounted for the largest share Europe in-vitro fertilization market by technology in 2015. Based on end users, the market is segmented as fertility & surgical centers, hospitals & research laboratories, and cryobanks. Of these, fertility & surgical centers segment commanded the largest share of Europe in-vitro fertilization market by end users in 2015.On the basis of geographical areas, Europe in-vitro fertilization market is segmented as U.K., Germany, France, Italy, and Spain.
The key players in in-vitro fertilization market such as, 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.).
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Market Data Forecast is a well versed market research firm catering solutions in the fields of market research, business intelligence and consulting. With a profound knowledge about the global market activities coupled with a customized approach. We render services in the most gripping markets like healthcare, agriculture and food & Beverages
Presence of subsidized in-vitro fertilization treatments, rising late stage marriages, growing adoption of in-vitro fertilization babies among population, increasing number of foreign patients, and growing number of fertility tourisms are driving the growth of in-vitro fertilization market in Europe. However, stringent government regulations and improper reimbursement scenarios are restraining the growth of in-vitro fertilization market in Europe.
Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/europe-in-vitro-fertilization-market-300/request-sample
Europe in-vitro fertilization market is segmented based on reagents & media, instruments, technology, and end users. Based on reagents & media, the market is further sub-segmented as embryo culture media, cryopreservation media, sperm processing media, and ovum processing media. Of these, cryopreservation media accounted for the largest share of Europe in-vitro fertilization market by reagents & media in 2016. Based on instruments, the market is segmented as imaging systems, sperm separation systems, ovum aspiration pumps, incubators, micromanipulator systems, cryosystems, and other instruments (gas analyzers, laser systems, accessories). Of these, imaging systems commanded the largest share of Europe in-vitro fertilization market by instruments in 2016, whereas, sperm separation systems segment is expected to grow at the highest CAGR during forecast period 2016-2021.
Based on technology, the market is segmented as intra-cytoplasmic sperm injection, pre-implantation genetic diagnosis, frozen embryo transfer/replacement, and other technologies. Among these, intra-cytoplasmic sperm injection segment accounted for the largest share Europe in-vitro fertilization market by technology in 2015. Based on end users, the market is segmented as fertility & surgical centers, hospitals & research laboratories, and cryobanks. Of these, fertility & surgical centers segment commanded the largest share of Europe in-vitro fertilization market by end users in 2015.On the basis of geographical areas, Europe in-vitro fertilization market is segmented as U.K., Germany, France, Italy, and Spain.
The key players in in-vitro fertilization market such as, 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.).
About Market Data Forecast
Market Data Forecast is a well versed market research firm catering solutions in the fields of market research, business intelligence and consulting. With a profound knowledge about the global market activities coupled with a customized approach. We render services in the most gripping markets like healthcare, agriculture and food & Beverages
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results