In Vitro Fertilization Market Size, Share and Growth Analysis By Type (Intrauterine Insemination, Intracytoplasmic Sperm Injection, IVF using donor eggs),by Devices (Imaging Systems, Sperm Separation System, Ovum Aspiration Pump, Micromanipulator, Cryosystem), Reagents (Embryo culture media, Cryopreservation media, Sperm Processing Media, Ovum processing media ), End Users and Key players Forecast To 2023
The Global In-Vitro Fertilization Market size worth USD 12,700 Million with growing at a CAGR of 10.50% during the forecast period (2018-2023).
In-Vitro Fertilization (IVF) can be defined as a fertilization process, which generally takes place externally and involves the production of eggs, i.e., superovulation in women by injecting hormones and medication.
The eggs when matured, are removed from the ovary with the help of oocyte aspiration systems and is then fertilized with the donor’s sperm, which is later grown in the laboratory until it gets developed.
Meanwhile, in males, the deposit of fats decreases the level of testosterone, which results in decreased sperm production.
Based on the end users, the in-vitro fertilization market consists of fertility clinics, clinical research institutes, and hospitals.