DUBLIN--(BUSINESS WIRE)--The "IVF Devices and Consumables Market by Instruments, by Reagent & Media, by Technique, by End User, by Geography - Global Market Size, Share, Development, Growth and Demand Forecast, 2016-2023" report has been added to ResearchAndMarkets.com's offering.
Some of the prominent factors driving the growth of the market are rise in the infertility rates, growing success of the IVF procedure, surge in the availability of technologically advanced products and a global rise in fertility tourism.
The IVF devices and consumables market has been categorized as accessories and disposables, reagents and media, and instruments, on the basis of product. Accessories and disposables held the largest share in the market in 2016 and is anticipated to generate revenue of $2.8 billion by 2023, registering a CAGR of 15.8% during 2017-2023.
Among the different end users in the market, surgical centres are expected to witness fastest growth in demand, growing at a CAGR of 24.3% during the period 2017-2023.
This growth in demand for IVF procedures in surgical centres is mainly due to the fact that these centres provide facilities for surgical sperm retrieval and fertility enhancing surgeries such as tubal surgery, tubal reversal surgery, adhesiolysis and various other techniques that can eventually lead to conception.
Globally, key players in the IVF devices and consumables industry are developing and launching products that are equipped with latest advanced technology to fulfill the market demands. For instance, in September 2016, ORIGIO, a subsidiary of Cooper Surgical, became the official distributor of Research Instruments in Russia. The distribution included products such as Integra 3 micromanipulators, Saturn laser, IVF Witness system, and other RI products.
Key Topics Covered:
1. Research Background
2. Research Methodology
3. Executive Summary
5. Global Market Size and Forecast
6. Europe Market Size and Forecast
7. North America Market Size and Forecast
8. APAC Market Size and Forecast
9. LAMEA Market Size and Forecast
10. Competitive Landscape
11. Company Profiles
- Cook Medical LLC
- The Cooper Companies Inc.
- Genea Biomedx
- JXTG Holdings Inc.
- EMD Serono Inc.
- OvaScience Inc.
- Oxford Gene Technology
- Progyny Inc.
- Thermo Fisher Scientific Inc.
- Vitrolife AB
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