DUBLIN--(BUSINESS WIRE)--The "IVF Devices and Consumables Market by Instrument - Global Opportunity Analysis and Industry Forecast, 2014-2023" report has been added to ResearchAndMarkets.com's offering.
The global IVF devices and consumables market was valued at $1,506 million in 2016, and is estimated to reach at $4,972 million by 2023, registering a CAGR of 18.3% from 2017 to 2023.
In-vitro fertilization (IVF) is a type of assisted reproductive technology in which the ovum is artificially fertilized in laboratory settings and then implanted into the uterus. IVF is one of the popular treatments, which has assisted couples with infertility problems, single mothers, and the LGBT community to procreate.
The global IVF devices market is projected to witness a substantial growth in future owing to rise in incidence of infertility cases, emerging trend of delayed pregnancies among women, technological advancements in IVF procedures, and increased occurrences of gamete donations. Furthermore, a rise in health awareness on fertility issues, availability of IVF treatments, increase in disposable income and favorable reimbursement policies further augment the market growth.
Recent innovations in IVF technology, such as embryoscope and capsule IVF, are anticipated to augment the demand for IVF devices in future. However, strenuous maintenance issues, high cost of devices, multiple pregnancies, and ethical considerations are anticipated to hinder the market growth. Increase in upsurge of fertility clinics and same sex marriages offer lucrative growth opportunities in future.
Companies Mentioned:
- Cook Medical, Inc.
- Cooper Companies, Inc.
- Genea Biomedx
- JXTG Holdings, Inc.
- Merck KGAA
- Ovascience, Inc.
- Oxford Gene Technology
- Progyny, Inc
- Thermo Fisher Scientific, Inc.
- Vitrolife AB
- GlaxoSmithKline PLC
- AbbVie Inc.
- Bristol-Myers Squibb Company
- AstraZeneca plc
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 IVF Devices Market, By Instruments
Chapter 5 IVF Devices And Consumables Market By Reagents And Media
Chapter 6 IVF Devices And Consumables Market By Technique
Chapter 7 IVF Devices And Consumables Market By End Users
Chapter 8 IVF Devices And Consumables Market By Geography
Chapter 9 Company Profile
For more information about this report visit https://www.researchandmarkets.com/research/sxkmd3/global_ivf?w=4
