The global cryopreservation for in-vitro fertilization (IVF) market size was valued at USD 412.5 million in 2023, with the rising incidence of infertility and increased understanding of egg freezing. The market is expected to grow at a CAGR of 10.6% during the forecast period of 2024-2032, with the values likely to rise from USD 461.4 million in 2024 to USD 1033 million by 2032.
Cryopreservation for In-Vitro Fertilization (IVF): Introduction
Cryopreservation for in-vitro fertilization (IVF) is a critical component of modern assisted reproductive technology (ART) that allows the freezing and preservation of reproductive materials such as eggs, sperm, and embryos for future use in fertility treatments. This technology has revolutionized the field of reproductive medicine, offering new possibilities to individuals and couples facing fertility challenges. cryopreservation for IVF is a transformative technology that has expanded the possibilities for fertility preservation, assisted reproduction, and family building. It has become an integral part of modern reproductive medicine, offering hope and options to individuals and couples on their journey to parenthood. The availability and affordability of cryopreservation services have improved, making fertility preservation and IVF more accessible to a broader range of individuals and couples.
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Key Trends in the Cryopreservation for In-Vitro Fertilization (IVF) Market
The cryopreservation for in-vitro fertilization (IVF) market has been experiencing significant growth and evolution in recent years. Several key trends are some key trends shaping the market:
• Fertility Preservation for Women: An increasing number of women are choosing to freeze their eggs for fertility preservation. This trend is driven by delayed childbearing, career considerations, and advancements in egg freezing technology.
• Single Embryo Transfer (SET): To reduce the risk of multiple pregnancies and associated complications, IVF clinics are moving towards SET, where a single embryo is transferred, and the remaining high-quality embryos are cryopreserved for future use.
• Globalization of Cryopreservation Services: Cryopreservation banks and IVF clinics are expanding their services internationally. This trend allows patients to access donor gametes and reproductive materials from around the world, increasing their options for assisted reproduction.
• Donor Gametes and Embryo Adoption: The availability of cryopreserved donor sperm, eggs, and embryos is increasing. This has facilitated assisted reproduction for individuals and couples who require donor materials, contributing to a growing global market for these services.
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Cryopreservation for In-Vitro Fertilization (IVF) Market Segmentations
The market can be categorized type, application, end user, and region.
Market Breakup by Type
• Cryopreservation Media
• Cryopreservation Storage Devices
• Consumables
• Accessories
• Cryo-shipping
• Others
Market Breakup by Applications
• Oocyte Cryopreservation
• Sperm Cryopreservation
• Embryo Cryopreservation
• Others
Market Breakup Disease by End User
• Biobanks
• IVF Centres
• Fertility Clinics
• Research and Academic Institutes
• Cryo-shipping/ Couriers
Market Breakup by Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Cryopreservation for In-Vitro Fertilization (IVF) Market Overview
The global cryopreservation for in-vitro fertilization (IVF) market is an integral part of the assisted reproductive technology (ART) industry. Cryopreservation techniques have transformed the field of reproductive medicine by allowing the freezing and storage of reproductive materials, such as eggs, sperm, and embryos, for future use in fertility treatments. The global cryopreservation for IVF market has experienced significant growth and is projected to continue expanding in the coming years.
Factors contributing to market growth include increasing infertility rates, delayed childbearing, advancements in cryopreservation technology, and the growing demand for assisted reproductive treatments. the global cryopreservation for IVF market is vital in assisting individuals and couples in their journey to parenthood. The adoption of cryopreservation technology, along with advancements in IVF treatments, has expanded the possibilities for fertility preservation and family building. As the demand for assisted reproductive technologies continues to grow, the cryopreservation for IVF market is expected to see further development and innovation in the years to come.
Key Players in the Cryopreservation for In-Vitro Fertilization (IVF) Market
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in global cryopreservation for in-vitro fertilization (IVF) market are as follows:
• Cryotech
• Cook Medical LLC
• Fujifilm Irvine Scientific
• Thermo Fisher Scientific Inc
• Coldstash Inc.
• Vitromed GmbH
• Corning Incorporated
• Cryogatt Systems Ltd
• Brook Life Sciences
• Cryo Solutions B.V.
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