(Australia-NewsWire.Com, March 16, 2017 ) According to the report North America In-Vitro Fertilization Market, published by Market Data Forecast, the North America market is projected to reach USD 1.01 billion by 2021, at a CAGR of 16.20% from 2016 to 2021
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 anonymous or known donors or the partners. These eggs get fertilized using laboratory instruments and reagents & media. 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 Market is most widely accepted method for the fertility treatments in clinical industry and helpful for single mothers, the couples with infertility problems, 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 (cryosystems, sperm separation system).
Presence of encouraging reimbursement scenarios, growing rate of infertility cases, growing adoption for in-vitro fertilization in the U.S., rising number of embryo banking centres, huge number of infertility population in the U.S., are driving the growth of in-vitro fertilization market in North America. However, high cost of in-vitro fertilization procedures and presence of government restrictions for the adoption of three parent in-vitro fertilization treatments are restraining the growth of in-vitro fertilization market in North America.
The In-Vitro Fertilization Market is segmented as following: Based on Reagents and Media: Introduction Embryo Culture Media Cryopreservation Media Sperm Processing Media Ovum Processing Media Based on Instruments: Introduction Imaging Systems Sperm Separation Systems Ovum Aspiration Pumps Incubators Micromanipulator Systems Cryosystems Other Instruments (Gas Analyzers, Laser Systems, Accessories) Based on Technology: Introduction Intra-Cytoplasmic Sperm Injection (ICSI) Pre-Implantation Genetic Diagnosis (PGD) Frozen Embryo Transfer/Replacement (FET/FER) Other Technologies Based on End Users: Introduction Fertility and Surgical Centers Hospitals and Research Laboratories Cryobanks
The major companies operating in the In-Vitro Fertilization Market are CooperSurgical, Inc. (U.S.), Cook Medical, Inc. (U.S.), Vitrolife AB (Sweden), IVFtech ApS (Denmark), Genea Limited (Australia), Thermo Fisher Scientific, Inc. EMD Serono, Inc. (U.S.), (U.S.), ESCO Micro Pte. Limited (Singapore), Irvine Scientific (U.S.), and The Baker Company, Inc. (U.S.).
The In-Vitro Fertilization Market study offers the following deliverables: North America, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics Study of the effect of exogenous and endogenous factors that affect the North America market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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