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Egg Freezing and Embryo Banking Market Share

Report ID: GMI11172
Published Date: Oct 2024
Report Format: PDF

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Egg Freezing and Embryo Banking Market Share

The market features a competitive landscape with major global players and small to medium-sized firms vying for market share. A key strategy centers on the continuous development of innovative cryopreservation techniques to improve success rates and ensure specimen viability. Leading companies drive advancements through substantial investments in research and development focused on refining freezing methods, enhancing storage solutions, and improving patient outcomes. Strategic alliances, partnerships, and collaborations play a crucial role in strengthening market positions and expanding global reach, especially in response to evolving medical standards, growing awareness of fertility preservation, and rising demand for accessible reproductive solutions.

Egg Freezing and Embryo Banking Market Companies

Some of the eminent market participants operating in the egg freezing and embryo banking industry include:

Boston IVF
Carrot
CCRM Fertility
Cryos International
Extend Fertility
Genea Pty
IVIRMA
Monash IVF Group
New Hope IVF & Fertility Clinic
Ovation Fertility
Progyny
ReproTech
RMA Network
Shady Grove Fertility
Spring Fertility
WINFertility

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global egg freezing and embryo banking industry was valued at approximately USD 4.3 billion in 2023 and is estimated to grow at a 9.8% CAGR from 2024 to 2032, driven by advancements in cryopreservation technologies.

The embryo banking segment is expected to witness a CAGR of 9.7% during the forecast period, fueled by rising infertility rates and changing societal norms that prioritize delayed childbearing.

The U.S. egg freezing and embryo banking industry was valued at USD 1.7 billion in 2023 and is projected to reach USD 3.8 billion by 2032, driven by increased awareness of fertility preservation and technological advancements.

Who are some of the prominent players in the egg freezing and embryo banking industry? Key players in the industry include Boston IVF, Carrot, CCRM Fertility, Cryos International, Extend Fertility, Genea Pty, IVIRMA, Monash IVF Group, New Hope IVF & Fertility Clinic, and Ovation Fertility.