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Egg Donation Market Size
Egg Donation Market size was worth more than USD 3.1 billion in 2022 and is projected to witness a 6.8% CAGR from 2023-2032.
An increase in the prevalence of infertility will be a major factor driving the need for egg donation procedures. According to the World Health Organization (WHO), 15% of couples who are of reproductive age struggle with problems of infertility and decreased fecundity. Infertility can be caused due to environmental and lifestyle factors like smoking, heavy drinking, obesity, and consumption of recreational drugs. It can also result from exposure to chemicals and pollution, which can be particularly detrimental to gametes (sperm and eggs).
The high cost of infertility treatments and procedures may impede market expansion. The cost of infertility therapy as well as medical care policies differ significantly among developed and developing economies. According to official figures, the average cost per IVF cycle ranges between USD 15,000 to USD 20,000. To attain a healthy pregnancy, women are needed to take over three IVF cycles. The significantly high overall cost of IVF per cycle would hamper the adoption of such infertility treatments.
What factors are boosting Asia Pacific egg donation industry expansion?
Asia Pacific egg donation market is anticipated to reach over USD 1.8 billion by the year 2032 due to growing awareness and acceptability for assisted reproductive technologies in the region.
Who are the major companies in the egg donation sector?
Some of the leading companies in the global market include Flinders Reproductive Medicine Pty Ltd, Virtus Health, Monash IVF Group, and Morpheus Life Sciences Pvt. Ltd.
What is the value of the global egg donation market?
Global market for egg donation was worth more than USD 3.1 billion in 2022 and is expected to witness a 6.8% CAGR from 2023-2032.
Why are fresh egg donors gaining preference across fertility clinics?
Fresh egg donations segment is anticipated to grow at a 6.8% CAGR over the forecast period driven by the procedure