The global IVF devices and consumables market generated $1,882 million in 2017, and is projected to reach $6,891 million by 2025, growing at a CAGR of 17.6% from 2018 to 2025. In vitro fertilization is an assisted reproductive technology (ART), which involves retrieving eggs from a woman's ovaries and fertilizing them with sperm outside the body, in vitro. The process involves stimulating a woman's ovulatory, removing an ovum from the woman's ovaries, and allowing the sperm to fertilize in a liquid in a laboratory. IVF is one of the widely used treatments to assist couples with infertility problems.
The global IVF devices & consumables market is anticipated to show significant market growth during the forecast period, owing to rise in infertility rate, increase in trend of delayed pregnancies, surge in awareness of IVF, and technological advancements in IVF devices. Furthermore, increase in number of same sex marriages and upsurge in disposable income considerably contribute towards the market growth. However, higher cost, ethical issues, and complications associated with the IVF hamper the market growth.
Major Key Players of the IVF Devices and Consumables Market are:Cook Medical, FUJIFILM Holdings Corporation (Irvine Scientific Sales Company), Genea Biomedx, Merck KGaA (EMD Serono, Inc.), Ovascience, Oxford Gene Technology, Progyny, The Cooper Companies, Inc. (CooperSurgical, Inc.), Thermo Fisher Scientific, Vitrolife AB
Read More @ http://www.sbwire.com/press-releases/ivf-devices-and-consumables-market-exploring-future-growth-2019-2025-and-key-players-ovascience-oxford-gene-technology-progyny-1285796.htm
The global IVF devices & consumables market is anticipated to show significant market growth during the forecast period, owing to rise in infertility rate, increase in trend of delayed pregnancies, surge in awareness of IVF, and technological advancements in IVF devices. Furthermore, increase in number of same sex marriages and upsurge in disposable income considerably contribute towards the market growth. However, higher cost, ethical issues, and complications associated with the IVF hamper the market growth.
Major Key Players of the IVF Devices and Consumables Market are:Cook Medical, FUJIFILM Holdings Corporation (Irvine Scientific Sales Company), Genea Biomedx, Merck KGaA (EMD Serono, Inc.), Ovascience, Oxford Gene Technology, Progyny, The Cooper Companies, Inc. (CooperSurgical, Inc.), Thermo Fisher Scientific, Vitrolife AB
Read More @ http://www.sbwire.com/press-releases/ivf-devices-and-consumables-market-exploring-future-growth-2019-2025-and-key-players-ovascience-oxford-gene-technology-progyny-1285796.htm
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