At 10.17% CAGR, Global Donor Egg IVF Services Market to Surpass US$ 5,008.90 Mn By 2030, Forecast Report By Zion Market Research
According to the report published by Zion Market Research, the global Donor Egg IVF Services Market size was valued at USD 2,308.70 Million in 2022 and is predicted to reach USD 5,008.90 Million by the end of 2030. The market is expected to grow with a CAGR of 10.17% during the forecast period. The report analyzes the global Donor Egg IVF Services Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Donor Egg IVF Services Market industry.
Global Donor Egg IVF Services Market: Overview
Donor egg in vitro fertilization (IVF) is a process of fusing sperm and egg in the lab environment. It is a process where eggs are taken from donors – women, particularly less than 33 years of age. The borrowed eggs are then fertilized with the sperm of the woman’s partner. As a result, the embryo is put in the woman recipient’s womb. The average success rate of the whole in vitro fertilization is between 30% to 40%. This procedure can be performed on menopausal women, young women who have undertaken chemotherapy for cancer, women undergoing multiple cycles of intracytoplasmic sperm injection or in vitro fertilization, or women with premature failure of their ovaries.
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Global Donor Egg IVF Services Market: Growth Factors
The global donor egg IVF services market is projected to reach $3290 million by the year 2025 with a healthy CAGR of 8.7%. This in vitro fertilization is an assisted reproductive technology (ART) that includes taking eggs from women and fertilizing with sperm outside the body. The global donor egg IVF services market is likely to exhibit exponential market growth during the forecast period, majorly due to the increasing infertility rate globally. In addition, the surge in the trend of delayed pregnancies is further increasing the demand for this process as the fertility rate decreases with age. Simultaneously, the surge in IVF success rate along with the growing disposable income of people globally is further complementing the market growth.
As per the American Congress of gynecologists, approximately 6000 women in the US reach menopause every day, thereby making 2 million per year in the country itself. Constant growth in the geriatric population also propels the donor egg IVF services. However, the geriatric population is likely to spike up by 56% by 2030, thereby increasing to two folds making around 2.1 billion by 2050. Also, the Covid-19 has halted the number of portability procedures throughout the world due to restrictions on non-essential healthcare services. But with the decreasing impact of Covid-19 in several countries, the procedure is likely to gain traction again and is likely to see strong growth during the forecast period.
Global Donor Egg IVF Services Market: Segmentation
The global donor egg IVF services market can be segmented into end-user, cycle type, and region.
By end-user, the market can be segmented into clinical research institutes, surgical centers, hospitals, fertility clinics, and others. The fertility clinic segment is likely to witness 19.6% more growth during the forecast period due to the widening network of fertility centers due to the rising concern of infertility among women. Also, the growing collaboration between the egg banks and specialty clinics to lower procedural time is further paving the way for the growth of the segment.
By cycle type, the market can be segmented into frozen donor and fresh donor egg IVF cycles. The frozen donor segment accounts for the largest share in the global donor egg IVF services market due to the growing number of egg banks in developing and developed regions. The segment itself accounted for the $20 million in 2020. In addition, the growing utilization of frozen eggs due to their advantages, including lower costing time and consumption, is further likely to accelerate the growth of the segment.
Global Donor Egg IVF Services Market: Regional analysis
North America accounts for the largest share in the global donor egg IVF services market and is likely to grow with a healthy CAGR of 13.2 % during the forecast period. One of the major reasons for the growth of the regional market is the presence of a robust healthcare system in the region. However, the growing awareness among people regarding the existence of advanced reproductive technologies along with the presence of healthcare investment policies in the region will further strengthen the growth of the regional market.
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Global Donor Egg IVF Services Market: Competitive Player
Some of the significant players in the global donor egg IVF services market include:
- The Cape Fertility Clinic
- Medfem Fertility Clinic
- Beacon CARE Fertility
- Merrion Fertility Clinic
- The Montreal Fertility Center
- Shanghai United Family Hospital
- Morpheus Life Sciences Pvt. Ltd.
- KL Fertility & Gynecology Centre
- Bourn Hall Fertility Center
- TMC Fertility Centre.
The global Donor Egg IVF Services Market is segmented as follows:
By End-User
- clinical research institutes
- surgical centers
- hospitals
- fertility clinics
- and others
Cycle Type
- frozen donor
- fresh donor egg IVF cycles
Global Donor Egg IVF Services Market: Regional Segment Analysis
- North AmericaThe U.S.Canada
- EuropeFrance The UKSpainGermanyItalyRest of Europe
- Asia PacificChinaJapanIndiaSouth KoreaSoutheast AsiaRest of Asia Pacific
- Latin AmericaBrazilMexicoRest of Latin America
- Middle East & AfricaGCCSouth AfricaRest of Middle East & Africa
What Reports Provides
- Full in-depth analysis of the parent market
- Important changes in market dynamics
- Segmentation details of the market
- Former, on-going, and projected market analysis in terms of volume and value
- Assessment of niche industry developments
- Market share analysis
- Key strategies of major players
- Emerging segments and regional markets
- Testimonials to companies in order to fortify their foothold in the market.
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