In-vitro Fertilization Microscopes Market Size is projected to reach USD 178.27 million by 2030, growing at a CAGR of 8.3%: Straits Research

The global in-vitro fertilization microscopes market size was valued at USD 94.2 million in 2021 and is expected to reach USD 178.27 million in 2030 expanding at a compound annual growth rate CAGR of 8.3% from 2022 to 2030.

New York, United States, Aug. 07, 2023 (GLOBE NEWSWIRE) — In-vitro fertilisation microscopes are utilised for a variety of processes, including the examination of sperm, the preparation of oocytes for fertilisation, the actual process of in-vitro fertilisation, and an overall evaluation of the embryo. In-vitro fertilisation operations include oocyte preparation, assessing the embryo, and testing the semen all need the usage of microscopes. These microscopes are used for in-vitro fertilisation. The primary factors that have been driving growth in the in-vitro fertilisation microscopes market are the increasing demand for in-vitro fertilisation as a treatment for male and female infertility and the high success rates of in-vitro fertility procedures.

The method known as in vitro fertilisation, or IVF, involves fertilising egg cells with sperm outside of the body, in a dish at a laboratory, before placing the resulting embryo inside of a woman’s uterus to carry the pregnancy to term. In vitro fertilisation (IVF) is a form of assisted reproductive technology that can be used to treat infertility caused by genetic conditions or to aid with the conceiving of a child. The process of fertilisation begins with the collection of a sample of sperm cells, continues with the extraction of eggs, and concludes with the merging of an egg and sperm by hand in a laboratory environment to generate an embryo. After that, the embryo or embryos are moved into the uterus so that the pregnancy can continue. There are two methods of fertilisation that may be used in in vitro fertilisation, and they are insemination and intracytoplasmic sperm injection (ICSI).

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Increased adoption because of a higher success rate

The expansion of the market would be fuelled by factors such as the rising success rate of in-vitro fertilisation treatments and the accessibility of financial help.

In addition, developments in technology made by companies that produce goods are making treatments more effective and are likely to bring down the overall cost of procedures. Some of the most important developments that have occurred in the market are improvements in the quality of microscopic examinations brought about by high contrast and developments in the IVF microscope-related equipment.

An increasing infertility rate because of changes in lifestyle as well as the expanding trends of assisted reproductive technologies are the primary factors driving the expansion of the worldwide market for in vitro fertilisation (IVF). The rising incidence of infertility among both men and women is anticipated to be a primary driver of growth in the IVF microscopes market over the course of the upcoming forecast period. In addition, an increasing number of ovulation illnesses as well as the application of preimplantation genetic screening or diagnosis in the medical industry may be factors that contribute to the expansion of the in vitro fertilisation market.

It is anticipated that attractive chances for market development will present themselves as a result of an increase in productivity tourism, an improvement in the number of fertility clinics, and a lower cost of IVF procedures in developing nations in comparison to industrialised ones.

 

Report Scope

Report Metric	Details
Market Size by 2030	USD 178.27 million
Market Size in 2021	USD 94.2 million
CAGR	8.3% (2022-2030)
Historical Data	2019-2020
Base Year	2021
Forecast Period	2022-2030
Forecast Units	Value (USD Million)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	By End User(Clinical Centres, Hospitals and Academic research)
Geographies Covered	North America, Europe, Asia-Pacific, LAME and Rest of the World
Key Companies Profiled/Vendors	Olympus Corporation, Nikon Corporation, Leica Microsystems, Mojo, Thorne Ltd., Meiji Techno, Zeiss, Euromex Microscope B.V., Linkam Scientific Instruments, Eppendorf AG, Hamilton Labomed Europe B.V., Sutter Instrument Company, Narishige Group, and Tritech Research Inc.
Key Market Opportunities	low cost of IVF procedures in developing nations
Key Market Drivers	Increased Adoption as A Result of a Higher Success Rate

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Regional Overview of In-vitro Fertilization Microscopes

Due to reasons such as increasing fertility tourism, regulatory changes, and product innovation, Europe led the market for in-vitro fertilisation microscopes and accounted for the biggest revenue share of 24.5 percent in 2021. This resulted in Europe holding the dominant position. A considerable increase in the use of time-lapse equipment coupled with clinic-designed algorithms has been spotted in this region. The development of microscopes that can perform all of the necessary imaging tasks within a single embryo chamber and therefore eliminate the need for numerous workstations is contributing to the reduction of the amount of space required for the operation as well as its overall cost. To fuel the expansion of the market for IVF microscopes throughout the course of the forecast period, businesses that are active in the area are implementing a variety of tactics, some of which include the introduction of new products and the funding of research efforts.

Key Highlights

• The global market for In-vitro Fertilization Microscopes size is expected to reach USD 178.27 million in 2030 expanding at a compound annual growth rate (CAGR) of 8.3% from 2022 to 2030.
• Increased use of IVF due to the good success rate will drive the market.
• Technology developments will also drive the market growth.
• The global market for IVF microscopes is segmented into the following: End user and Region.
• Based on end user the market for IVF micrioscopes is divided into Clinical Centres, Hospitals and Academic research. The clinical sector led the market for IVF microscopes in 2021, accounting for 94.6 percent of total revenue. This sector is also anticipated to see the most rapid expansion over the course of the forecast period
• IVF facilities offer a variety of services, such as identifying healthy oocytes, analysing sperm, performing in-vitro fertilisation (ICSI), monitoring embryo development, and freezing and storing embryos
• Due to reasons such as increasing fertility tourism, regulatory changes, and product innovation, Europe led the market for in-vitro fertilisation microscopes and accounted for the biggest revenue share of 24.5 percent in 2021.

Competitors in In-vitro Fertilization Microscopes

The leading companies that compete in the market for in-vitro fertilisation microscopes include Olympus Corporation, Nikon Corporation, Leica Microsystems, Mojo, Thorne Ltd., Meiji Techno, Zeiss, Euromex Microscope B.V., Linkam Scientific Instruments, Eppendorf AG, Hamilton Labomed Europe B.V., Sutter Instrument Company, Narishige Group, and Tritech Research, Inc., amongst others.

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Segmentation of In-vitro Fertilization Microscopes

By end user

• Clinical Centres
• Hospitals and Academic research

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East

TABLE OF CONTENT

1. EXECUTIVE SUMMARY
2. RESEARCH SCOPE & SEGMENTATION

2. 1. Research Objectives
   2. Market Definition
   3. Limitations & Assumptions
   4. Market Scope & Segmentation
   5. Currency & Pricing Considered

3. MARKET OPPORTUNITY ASSESSMENT

3. 1. Emerging Regions / Countries
   2. Emerging Companies
   3. Emerging Applications / End Use
   4. Investment Landscape
   5. New Business Models / Revenue Streams
   6. TAM

4. MARKET TRENDS

4. 1. Drivers
   2. Market Warning Factors
   3. Latest Macro Economic Indicators
   4. Geopolitical Impact
   5. Human Factors
   6. Technology Factors

5. MARKET ASSESSMENT
   1. Porters Five Forces Analysis
   2. Value Chain Analysis
   3. Sales And Distribution Channel Analysis
   4. Trade Analysis
   5. Average Pricing Analysis
   6. Patent Analysis
   7. M & A Agreements & Collabration Analysis
   8. Cost Structure Analysis
6. ESG TRENDS
7. GLOBAL IN-VITRO FERTILIZATION MICROSCOPES MARKET SIZE ANALYSIS

7. 1. Global In-Vitro Fertilization Microscopes Market Introduction
   2. By End User

7. 2. 1. Introduction

1. 1. 1. 1. End User By Value

7. 2. 2. Clinical Centres

1. 1. 1. 1. By Value

7. 2. 3. Hospitals And Academic Research

1. 1. 1. 1. By Value

8. NORTH AMERICA MARKET ANALYSIS

8. 1. Introduction
   2. By End User

8. 2. 1. Introduction

1. 1. 1. 1. End User By Value

8. 2. 2. Clinical Centres

1. 1. 1. 1. By Value

8. 2. 3. Hospitals And Academic Research

1. 1. 1. 1. By Value

8. 3. U.S.

8. 3. 1. By End User

1. 1. 1. 1. Introduction
            1. End User By Value
         2. Clinical Centres
            1. By Value
         3. Hospitals And Academic Research
            1. By Value

8. 4. Canada

9. EUROPE MARKET ANALYSIS

9. 1. Introduction
   2. By End User

9. 2. 1. Introduction

1. 1. 1. 1. End User By Value

9. 2. 2. Clinical Centres

1. 1. 1. 1. By Value

9. 2. 3. Hospitals And Academic Research

1. 1. 1. 1. By Value

9. 3. U.K.

9. 3. 1. By End User

1. 1. 1. 1. Introduction
            1. End User By Value
         2. Clinical Centres
            1. By Value
         3. Hospitals And Academic Research
            1. By Value

9. 4. Germany
   5. France
   6. Spain
   7. Italy
   8. Russia
   9. Nordic
   10. Benelux
   11. Rest Of Europe

10. APAC MARKET ANALYSIS

10. 1. Introduction
    2. By End User

10. 2. 1. Introduction

1. 1. 1. 1. End User By Value

10. 2. 2. Clinical Centres

1. 1. 1. 1. By Value

10. 2. 3. Hospitals And Academic Research

1. 1. 1. 1. By Value

10. 3. China

10. 3. 1. By End User

1. 1. 1. 1. Introduction
            1. End User By Value
         2. Clinical Centres
            1. By Value
         3. Hospitals And Academic Research
            1. By Value

10. 4. Korea
    5. Japan
    6. India
    7. Australia
    8. Taiwan
    9. South East Asia
    10. Rest Of Asia-Pacific

11. MIDDLE EAST AND AFRICA MARKET ANALYSIS

11. 1. Introduction
    2. By End User

11. 2. 1. Introduction

1. 1. 1. 1. End User By Value

11. 2. 2. Clinical Centres

1. 1. 1. 1. By Value

11. 2. 3. Hospitals And Academic Research

1. 1. 1. 1. By Value

11. 3. UAE
       1. By End User

1. 1. 1. 1. Introduction
            1. End User By Value
         2. Clinical Centres
            1. By Value
         3. Hospitals And Academic Research
            1. By Value

11. 4. Turkey
    5. Saudi Arabia
    6. South Africa
    7. Egypt
    8. Nigeria
    9. Rest Of MEA

12. LATAM MARKET ANALYSIS

12. 1. Introduction
    2. By End User
       1. Introduction

1. 1. 1. 1. End User By Value

12. 2. 2. Clinical Centres

1. 1. 1. 1. By Value

12. 2. 3. Hospitals And Academic Research

1. 1. 1. 1. By Value

12. 3. Brazil

12. 3. 1. By End User

1. 1. 1. 1. Introduction
            1. End User By Value
         2. Clinical Centres
            1. By Value
         3. Hospitals And Academic Research
            1. By Value

12. 4. Mexico
    5. Argentina
    6. Chile
    7. Colombia
    8. Rest Of LATAM

13. COMPETITIVE ASSESSMENT

13. 1. Adoption Matrix
    2. In-Vitro Fertilization Microscopes Market Share By Manufacturers
    3. In-Vitro Fertilization Microscopes Market Ranking By Revenue For Manufacturers
    4. Average Price By Manufacturers
    5. Vendor Footprint Analysis

14. MARKET PLAYERS ASSESSMENT

14. 1. Olympus Corporation
       1. Overview
       2. Business Information
       3. Revenue
       4. ASP
       5. Gross Margin
       6. Swot Analysis
       7. Recent Developmments
    2. Nikon Corporation
    3. Leica Microsystems
    4. Mojo
    5. Thorne Ltd.
    6. Meiji Techno
    7. Zeiss
    8. Euromex Microscope B.V.
    9. Linkam Scientific Instruments
    10. Eppendorf AG
    11. Hamilton Labomed Europe B.V.
    12. Sutter Instrument Company
    13. Narishige Group
    14. Tritech Research Inc

15. RESEARCH METHODOLOGY

15. 1. Research Data
       1. Secondary Data

1. 1. 1. 1. Major Secondary Sources
         2. Key Data From Secondary Sources

15. 1. 2. Primary Data

1. 1. 1. 1. Key Data From Primary Sources
         2. Breakdown Of Primaries

15. 1. 3. Secondary And Primary Research

1. 1. 1. 1. Key Industry Insights

15. 2. Market Size Estimation

15. 2. 1. Bottom-Up Approach
       2. Top-Down Approach
       3. Market Projection

15. 3. Research Assumptions

15. 3. 1. Assumptions

15. 4. Limitations
    5. Risk Assessment

16. APPENDIX

16. 1. Discussion Guide
    2. Customization Options
    3. Related Reports

17. DISCLAIMER

Table of Content and Figure @ https://straitsresearch.com/report/in-vitro-fertilization-microscopes-market/toc

Recent developments by key players

Mojo, a reproductive tech business, secured investment of roughly USD 1.8 million in November 2019. The company is creating a solution that combines AI software and microscopy gear to aid in sperm selection by concentrating on sperm count, morphology, and speed.

Nikon Microscopes released the ECLIPSE Ti2-U IVF in August 2021 for early operations in intracytoplasmic sperm injection (ICSI).

The Global Fertility Alliance welcomed Zeiss and Hamilton Throne in June 2020. The Global Fertility Alliance is committed to aiding in the standardisation of ART (Assisted Reproductive Treatment) laboratory practises. Merck KGaA, Illumina Inc., and Genea Limited are the alliance’s current members.

News Media

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Global Scanning Electron Microscope Market Worth USD 6.7 Billion by 2031 | CAGR of 8.2%

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Fertility Services Market: Information by Procedure (IVF with Intracytoplasmic Sperm Injection (ICSI), Surrogacy), Service (Fresh Non-Donor, Fresh Donor), and Region — Forecast till 2030

In-Vitro Diagnostics Market: Information by Product and Service (Instrument, Kits), Technology (Immunoassay, Hematology), Application (Diabetes, Oncology), and Region — Forecast till 2030

Mother and Child Healthcare Market: Information by Services (Prenatal, Birthing, Postnatal), Maternal Age (Under 20, 21 to 30), Location (Hospitals), and Region — Forecast till 2030

Reproductive Genetics Market: Information by Procedure Type (Prenatal Screening), Application Type (Aneuploidy, Single Gene Disorders), and Region—Forecast till 2031

Assisted Reproductive Technology Market: Information by Product (Instrument, Accessory & Disposable, and Reagent & Media), Type (IVF, Artificial Insemination), End User and Regions—Forecast Till 2030

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