Infertility has been recognized as a public health issue worldwide by the World Health Organization (WHO). IVF services in the Middle East were initiated in the mid 1980’s and were started in the Kingdom of Saudi Arabia (KSA) in 1986. As per U.S. National Library of Medicine, development of IVF clinic in Middle East region is faster than the rest of the world and even more than European and North American countries. More than 70 centers are active in Iran that more than 25 centers of them are in capital or more than 110 centers are active in Turkey and Emirates, Egypt, Jordan, and Saudi Arabia have the same situation
As per Gulf News, 6-7 million couples in the 20-40 age group in Middle East suffer from infertility gulf Capital is actively targeting investments within the fast growing and defensive healthcare sector and has identified the fertility sub-sector as a key focus priority, given its expected double-digit growth rates across the region. With increased awareness coupled with the technological advancements in the field, the fertility sector in the GCC is forecasted to continue to grow at 15%+ CAGR annually over the next 5 years
The development of infertility treatment and increased numbers of IVF centers in MEA region depend on numerous factors. The most important factors are governmental support, partial or full insurance coverage of treatment cost and social and religious values of childbearing and the role of children in family stability
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Based on Gender, the market is fragmented into Male, Female and Both. The female segment grabbed the major market share and contributed around 60.7% In 2020. Moreover, the market would reach to USD 2,006.8 Mn by 2027 growing with a CAGR of 16.7% during 2021-2027 owing to the decrease in women fertility rate in the region
Based on the Tools, the market is segmented into Imaging Systems, Sperm Separation Systems, Ovum Aspirations Pumps, Incubators, Micromanipulator Systems, Cryosystems, and Others (Gas Analyzers, Laser System). The ovum aspiration pumps segment grabbed the major market share and dominated the market. The segment is expected to witness a CAGR of 15.5% during the forecast period
Based on the techniques, the market is fragmented into Intra-Cytoplasmic Sperm Injection (ICSI), Pre-Implantation Genetic Diagnosis (PGD) and Frozen Embryo Transfer/Replacement (FET/FER). The Intra-Cytoplasmic Sperm Injection (ICSI) segment of Middle East and Africa IVF Tools and Techniques dominated the market with around 86.2% market share. The segment generated the revenue of USD 969.3 Mn in 2020 and is expected to grow at a CAGR of 16% during the forthcoming years
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The IVF tools and Techniques are being used at various end-users. Based on the End-Users, the market is fragmented in Fertility and Surgical centers, Hospitals, and Research Clinics. The Fertility and Surgical centers segment grabbed the major market share and dominated the market. The segment generated the revenue of worth USD 919.4 million in 2020 and is expected to reach to USD 2596.9 million by 2027. However, the Research Clinics segment is expected to witness an exhibit growth during the forecast period
For a better understanding of the market adoption of the IVF tools and Techniques, the market is analyzed based on its regional presence in the countries such as UAE, Saudi Arabia, Oman, Kuwait , Nigeria, South Africa and Rest of the Middle East. The UAE constitutes a major market for the IVF Tools and Techniques industry and generated revenue of USD 360.5 Million in 2020 owing to the decreasing women's fertility, rising
number of fertility treatment centers etc. Also, presence of well-established players in the region and the rising seed funding for startups is adding pace to the growth of the market in the region
Some of the major players operating in the market are Cooper surgical, Inc, Vitrolife, Cook Medical, Inc., Irvine Scientific, Thermo Fisher Scientific, Inc., EMD Serono, Inc., Genea Limited, Esco Micro Pte. Limited, IVFtech Aps, and The Bakers Company Inc.. Several M&A’s along with partnerships have been undertaken by these players to develop IVF Tools and techniques
Table of Contents
1 MARKET INTRODUCTION
1.1 Market Definitions
1.2 Objective of the Study
1.3 Limitation
1.4 Stake Holders
1.5 Currency Used in Report
1.6 Scope of the Middle East and Africa IVF Tools and Techniques Market Study
2 RESEARCH METHODOLOGY OR ASSUMPTION
2.1 Research Methodology for the Middle East and Africa IVF Tools and Techniques Market
2.1.1 Main Objective of the Middle East and Africa IVF Tools and Techniques Market
3 MARKET SYNOPSIS
4 EXECUTIVE SUMMARY
5 COVID-19 IMPACT
6 MIDDLE EAST AND AFRICA IVF TOOLS AND TECHNIQUES MARKET REVENUE
7 MARKET INSIGHTS BY GENDER
7.1 Male
7.2 Female
7.3 Both
8 MARKET INSIGHTS BY TOOLS
8.1 Imaging Systems
8.2 Sperm Separation Systems
8.3 Ovum Aspirations Pumps
8.4 Incubators, Micromanipulator Systems
8.5 Cryosystems
8.6 Others (Gas Analyzers, Laser System)
9 MARKET INSIGHTS BY TECHNIQUE
9.1 Intra-Cytoplasmic Sperm Injection (ICSI)
9.2 Pre-Implantation Genetic Diagnosis (PGD)
9.3 Frozen Embryo Transfer/Replacement (FET/FER)
10 MARKET INSIGHTS BY END-USER
10.1 Fertility & Surgical Centres
10.2 Hospitals
10.3 Research Clinics
11 MARKET INSIGHTS BY COUNTRY
11.1 UAE
11.2 Saudi Arabia
11.3 Oman
11.4 Kuwait
11.5 Nigeria
11.6 South Africa
11.7 Rest of the Middle East and Africa
12 MIDDLE EAST AND AFRICA IVF TOOLS AND TECHNIQUES MARKET DYNAMICS
12.1 Market Drivers
12.2 Market Challenges
12.3 Impact Analysis
13 LEGAL & REGULATORY FRAMEWORK
14 DEMAND AND SUPPLY SIDE ANALYSIS
14.1 Demand Side Analysis
14.2 Supply Side Analysis
14.2.1 Top Product Launches
14.2.2 Top Business Partnerships
14.2.3 Top Merger & Acquisitions
15 VALUE CHAIN ANALYSIS
16 MIDDLE EAST AND AFRICA IVF TOOLS AND TECHNIQUES MARKET OPPORTUNITIES
17 MIDDLE EAST AND AFRICA IVF TOOLS AND TECHNIQUES MARKET TRENDS & INSIGHTS
18 COMPETITIVE SCENARIO
18.1 Porter’s Five forces analysis
18.1.1 Bargaining power of Supplier
18.1.2 Bargaining power of Buyer
18.1.3 Industry Rivalry
18.1.4 Availability of Substitute
18.1.5 Threat of new Entrants
19 COMPANY PROFILED
19.1 Coopersurgical, Inc.
19.2 Vitrolife
19.3 Cook Medical, Inc.
19.4 Irvine Scientific
19.5 Thermo Fisher Scientific, Inc.
19.6 EMD Serono, Inc.
....continued
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