Asia-Pacific In-vitro Fertilization Market Overview
In-vitro fertilization (IVF) involves the fertilization of ovum using laboratory settings followed by implantation into the uterus. In-vitro fertilization is also known as assisted reproductive technology. The process involves the collection of matured healthy eggs and sperms from the partners or known or anonymous donors. These eggs get fertilized using laboratory reagents & media and instruments. Fertilized eggs (embryos) are implanted into the uterus for the continuation of the development of the embryo to the child. One cycle of in-vitro fertilization takes around 10-15 days. IVF is the most widely accepted method for the fertility treatments in the clinical industry and helpful for the couples with infertility problems, single mothers, as well as LGBT communities. The major product categories that assist in-vitro fertilization method include reagents & media (such as embryo culture media, sperm processing media) and instruments (sperm separation system, cryosystems).
Presence of a huge number of in-vitro fertilization clinics, growing adoption of in-vitro fertilization procedures, increasing fertility tourisms, and rising government initiatives relating to the development of healthcare infrastructure in certain countries of Asia-Pacific (India, China, & Japan) are driving the growth of in-vitro fertilization market in Asia-Pacific region. In addition, rising surrogacy, growing rate of the polycystic ovarian syndrome (PCOS), and increasing number of assisted reproductive technologies (ART) in Asian countries (Australia, New Zealand) are further stimulating the growth of in-vitro fertilization market in Asia-Pacific region. However, ethical issues pertaining to gender selection, emotional & physical factors are restraining the growth of in-vitro fertilization market in Asia-Pacific region.
Asia-Pacific In-vitro Fertilization Market Forecast Report (2018-2023)
Asia-Pacific in-vitro fertilization (IVF) market is expected to reach USD 0.85 billion by 2023 from USD 0.37 billion in 2018, growing at a CAGR of 18.4% during the forecast period 2018-2023.
Asia-Pacific In-vitro Fertilization Market Segmentation
Asia-Pacific in-vitro fertilization market is segmented based on reagents & media, instruments, technology, and end users. Based on reagents & media, the market is further sub-segmented as embryo culture media, cryopreservation media, sperm processing media, and ovum processing media. Of these, cryopreservation media accounted for the largest share of Asia-Pacific in-vitro fertilization market by reagents & media in 2018. Based on instruments, the market is segmented as imaging systems, sperm separation systems, ovum aspiration pumps, incubators, micromanipulator systems, cryosystems, and other instruments (gas analyzers, laser systems, accessories). Of these, imaging systems commanded the largest share of Asia-Pacific in-vitro fertilization market by instruments in 2018, whereas, sperm separation systems segment is expected to grow at the highest CAGR during the forecast period 2018-2023
Based on technology, the market is segmented as intra-cytoplasmic sperm injection, pre-implantation genetic diagnosis, frozen embryo transfer/replacement, and other technologies. Among these, intra-cytoplasmic sperm injection segment accounted for the largest share of Asia-Pacific in-vitro fertilization market by technology in 2018. Based on end users, the market is segmented as fertility & surgical centers, hospitals & research laboratories, and cryobanks. Of these, fertility & surgical centers segment commanded the largest share of Asia-Pacific in-vitro fertilization market by end users in 2018.
On the basis of geographical areas, Asia-Pacific in-vitro fertilization market is segmented as Japan, China, India, Australia, and South Korea.
Major Players:
The key players in the Asia-Pacific in-vitro fertilization market such as,
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5.1 Introduction
5.2 Reagents and Media
5.2.1 Introduction
5.2.2 Embryo Culture Media
5.2.3 Cryopreservation Media 5.2.2.1 Autologous Cell-Based Products
5.2.4 Sperm Processing Media 5.2.2.2 Allogeneic Cell-Based Products
5.2.5 Ovum Processing Media
5.3 Instruments
5.3.1 Introduction
5.3.2 Imaging Systems
5.3.3 Sperm Separation Systems
5.3.4 Ovum Aspiration Pumps
5.3.5 Incubators
5.3.6 Micromanipulator Systems
5.3.7 Cryosystems
5.3.8 Other Instruments (Gas Analyzers, Laser Systems, Accessories)
5.4 Technology
5.3.1 Introduction
5.3.2 Intra-Cytoplasmic Sperm Injection (ICSI)
5.3.3 Pre-Implantation Genetic Diagnosis (PGD)
5.3.4 Frozen Embryo Transfer/Replacement (FET/FER)
5.3.5 Other Technologies
5.5 End Users
5.4.1 Introduction
5.4.2 Fertility and Surgical Centers
5.4.3 Hospitals and Research Laboratories
5.4.4 Cryobanks
6.3 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.1 CooperSurgical, Inc. (U.S.)
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 Cook Medical, Inc. (U.S.)
8.3 Irvine Scientific (U.S.)
8.4 Vitrolife AB (Sweden)
8.5 Thermo Fisher Scientific, Inc. (U.S.)
8.6 EMD Serono, Inc. (U.S.)
8.7 Genea Limited (Australia)
8.8 ESCO Micro Pte. Limited (Singapore)
8.9 IVFtech ApS (Denmark)
8.10 The Baker Company, Inc. (U.S.)
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
