Global In-Vitro Fertilization Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Micromanipulators, Incubators, Cabinets, Imaging System, Laser System, and Reagents & Accessories.

By Type;

Conventional IVF, and IVF with ICSI.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn343808517 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global In-Vitro Fertilization Market (USD Million), 2021 - 2031

In the year 2023, the Global In-Vitro Fertilization Market was valued at USD 6,571.75 million. The size of this market is expected to increase to USD 11,783.87 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 8.7%.

IVF, a sophisticated medical procedure, involves the fertilization of an egg with sperm outside the body, typically in a laboratory setting, followed by the transfer of the resulting embryo(s) into the uterus. This technique offers hope to individuals and couples facing infertility due to various factors, including hormonal imbalances, tubal blockages, male factor infertility, and advanced maternal age, among others.

The market for in-vitro fertilization is characterized by significant technological advancements, evolving regulatory landscapes, and shifting societal attitudes towards fertility treatments. Technological innovations in IVF techniques, such as intracytoplasmic sperm injection (ICSI), preimplantation genetic testing (PGT), and time-lapse embryo monitoring, have revolutionized the field, improving pregnancy rates, reducing the risk of multiple pregnancies, and enhancing the overall safety and efficacy of IVF procedures.

Changing regulatory frameworks governing ART practices and reimbursement policies for fertility treatments have influenced market dynamics, shaping access to IVF services and influencing healthcare provider practices and patient preferences. Additionally, societal trends, including delayed childbearing, increasing awareness of fertility preservation options, and growing acceptance of alternative family-building arrangements, have contributed to the expansion of the global IVF market, driving demand for IVF services and related technologies.

Geographically, the Global IVF Market exhibits variations in market size, regulatory environments, and healthcare infrastructure across regions. Developed economies in North America and Europe lead the market in terms of technological innovation, healthcare expenditure, and accessibility of IVF services, while emerging markets in Asia Pacific, Latin America, and the Middle East and Africa are witnessing rapid growth, driven by increasing healthcare investments, rising disposable incomes, and changing cultural norms regarding fertility treatments.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Type
    3. Market Snapshot, By Region
  4. Global In-Vitro Fertilization Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements

        2. Changing Regulatory Landscape

        3. Societal Acceptance

      2. Restraints
        1. High Cost Barrier

        2. Ethical Concerns

        3. Limited Access

      3. Opportunities
        1. Emerging Markets Expansion

        2. Fertility Tourism Growth

        3. Genetic Screening Adoption

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global In-Vitro Fertilization Market, By Product, 2021 - 2031 (USD Million)
      1. Micromanipulators

      2. Incubators

      3. Cabinets

      4. Imaging System

      5. Laser System

      6. Reagents & Accessories

    2. Global In-Vitro Fertilization Market, By Type, 2021 - 2031 (USD Million)
      1. Conventional IVF

      2. IVF with ICSI

    3. Global In-Vitro Fertilization Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Cooper Companies Inc. (US)
      2. Cook Group (US)
      3. Vitrolife (Sweden)
      4. Thermo Fisher Scientific, Inc. (US)
      5. Esco Micro Pte. Ltd. (Singapore)
      6. Genea Limited (Australia)
      7. IVFtech ApS (Denmark)
  7. Analyst Views
  8. Future Outlook of the Market