In-vitro Fertilization Microscope Market
Get a free sample of this report
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Request Sectional Data
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
In-Vitro Fertilization Microscope Market size was valued at around USD 118 million in 2023 and is anticipated to register a CAGR of 8.5% between 2024 and 2032. In-vitro fertilization microscope, specialized in microscopy, is tailored for procedures concerning IVF. This advanced microscope facilitates the observation and manipulation of gametes and embryos outside the body within a controlled laboratory setting. It enables precise procedures such as the assessment of egg and sperm quality, sperm injection into eggs, embryo biopsy for genetic testing, and embryo transfer.
The increasing adoption of IVF microscopes is driven by recent advancements in high-contrast imaging techniques and related equipment, improving precision and efficacy in IVF procedures. For instance, in 2019, data from the European Society of Human Reproduction and Embryology (ESHRE) showed a rise in both IVF procedure adoption and success rates, prompting initiatives aimed at fostering innovation in IVF microscopes. These efforts are crucial for sustaining advancements in microscopic examination quality for IVF applications.
Report Attribute | Details |
---|---|
Base Year: | 2023 |
In-vitro Fertilization Microscope Market size in 2023: | USD 118 Million |
Forecast Period: | 2024 - 2032 |
Forecast Period 2023 - 2032 CAGR: | 8.5 |
2023 Value Projection: | USD 244.9 Million |
Historical Data for: | 2018 – 2023 |
No of Pages: | 110 |
Tables, Charts & Figures: | 150 |
Segments Covered: | Product Type, End-use, and Region |
Growth Drivers: |
|
Pitfalls Challenges: |
|
Furthermore, rising technological advancements, rising government policies, among other contributing factors are expected to propel the growth of the market in the forthcoming years.
Technological advancements in in-vitro fertilization (IVF) microscopes have transformed the landscape of assisted reproductive technology, which estimated to reach 66 billion by 2032, offering unprecedented levels of precision and efficiency in fertility treatments. These advancements encompass a range of innovations aimed at enhancing the visualization, manipulation, and analysis of gametes and embryos within the controlled environment of the laboratory.
Based on product, the market is segmented into embryo microscopes, stereo microscopes, upright microscopes, and inverted microscopes. The embryo microscopes segment is estimated to account for USD 93.9 million by 2032.
Based on end-use, the in-vitro fertilization microscope market is segmented into clinical, academic research, and other end-users. The clinical segment accounted for USD 73.7 million in 2023.
In 2023, North America held a significant market size of 47.8 million and is predicted to witness substantial market growth over the analysis timeline.
The in-vitro fertilization microscope industry is competitive in nature, with several large multinationals and small and mid-sized companies competing in the industry. The development and launch of novel advanced products and services based on different technologies is among a key market strategy. Some of the leading industry players have a notable presence in the market.
Some of the eminent market participants operating in the in-vitro fertilization microscope industry include:
Market, By Product Type
Market, By End-use
The above information is provided for the following regions and countries:
Some of the top in-vitro fertilization microscope firms are Eppendorf AG, Euromex Microscopen BV, Hamilton Thorne Ltd., Labomed, Inc., Leic, Microsystems A/S (Danaher Corporation), Linkam Scientific Instruments Limited, Meiji Techno, NARISHIGE Group, Nikon Corporation, Olympus Corporation, and Sutter Instrument Company.
In-vitro fertilization (IVF) microscope industry size was USD 118 million in 2023 and is poised to surpass USD 244.9 million by 2032 attributed to the increasing advancements in high-contrast imaging techniques and related equipment for improving precision and efficacy in the procedures.
North America in-vitro fertilization microscope market size was 47.8 million in 2023 and is set to expand at a notable CAGR from 2024-2032 attributed to the presence of prominent companies and research institutions leading the forefront of technological innovation in IVF microscopy in the region.
The embryo microscopes segment is projected to generate USD 93.9 million in revenue by 2032 owing to their increasing demand as embryo microscopes provide embryologists with clear and detailed visualization of embryos at various stages of development.