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Egg Freezing and Embryo Banking Market Worth $4.49 Billion in 2024 is Forecast to Reach $11.26 Billion by 2030: AI-Powered Embryo Selection Elevates Success Rates - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Egg Freezing and Embryo Banking Market - Global Industry Size, Share, Trends, Opportunity, & Forecast, 2020-2030" has been added to ResearchAndMarkets.com's offering.

The Global Egg Freezing and Embryo Banking Market, valued at USD 4.49 billion in 2024, is projected to experience a CAGR of 16.56% to reach USD 11.26 billion by 2030. Market expansion is primarily propelled by societal shifts towards delayed parenthood, significant advancements in cryopreservation methodologies improving success rates, and increasing awareness of fertility preservation options.

Key Market Drivers

The growing trend of delayed parenthood significantly drives the global egg freezing and embryo banking market as individuals increasingly prioritize education, career advancement, and personal development before starting families. This societal shift leads to women postponing childbirth to an age when natural fertility may have declined, prompting them to seek fertility preservation options.

For instance, according to Extend Fertility, in November 2024, Extend Fertility's 8-Year Research Study Is Great News For Egg Freezing Patients, the average age of patients choosing to freeze their eggs decreased from 37 years in 2016 to approximately 35 years by 2023, indicating a proactive approach to preserving fertility earlier in life. This desire for reproductive autonomy, combined with improved cryopreservation technologies, directly fuels the demand for egg freezing and embryo banking services, enabling individuals to align their reproductive timelines with their life goals.

Key Market Challenges

A significant obstacle to the expansion of the Global Egg Freezing and Embryo Banking Market is the considerable financial burden placed on individuals. The high initial procedural costs, which can range from several thousand dollars for a single egg freezing cycle, combined with recurring annual storage fees for cryopreserved gametes and embryos, present a substantial barrier to entry for many prospective patients. These expenses often remain largely uncovered by standard health insurance policies, necessitating significant out-of-pocket payments.

Key Market Trends

The Integration of Artificial Intelligence in Embryo Selection marks a substantial technological advancement, enhancing the precision and effectiveness of fertility treatments. AI systems analyze complex morphological data from embryos, providing objective assessments that complement human expertise. A study presented at the ASRM 2023 annual meeting, for example, indicated that an AI model achieved a clinical pregnancy rate of 62.1% compared to 61% for embryos selected by embryologists. This technological integration can lead to higher success rates for patients by identifying the most viable embryos.

Key Market Players Profiled:

  • ReproTech LLC
  • Cryo-Cell International Inc.
  • CCRM Fertility Clinic and IVF Clinic
  • RMA Fertility Clinics
  • Carrot Fertility Inc.
  • WINFertility Inc.
  • Shady Grove Fertility Reproductive Science Center
  • Kindbody

In this report, the Global Egg Freezing And Embryo Banking Market has been segmented into the following categories:

By Type:

  • Donor
  • Non-donor

By Preservation:

  • Egg freezing
  • Embryo Freezing

By Region:

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East & Africa

Key Attributes

Report Attribute Details
No. of Pages 185
Forecast Period 2024-2030
Estimated Market Value (USD) in 2024 $4.49 Billion
Forecasted Market Value (USD) by 2030 $11.26 Billion
Compound Annual Growth Rate 16.5%
Regions Covered Global

For more information about this report visit https://www.researchandmarkets.com/r/vvzt5t

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

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