U.S. Vitrification Market Size

U.S. Vitrification Market Size

U.S. Vitrification Market size was valued at USD 3.4 billion in 2023 growing at a CAGR of 9.8% from 2024 to 2024. Vitrification is a rapid freezing technique utilized in cryopreservation that transforms a liquid into a glass-like solid without forming ice crystals. This method is beneficial for preserving biological specimens such as embryos, oocytes, and stem cells, as it reduces cellular damage during the freezing and thawing processes. By maintaining the integrity and viability of preserved materials, vitrification is a favoured technique in fields of reproductive medicine and biotechnology.

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The market is experiencing significant growth driven by the increasing infertility rates that surged the demand for advanced fertility treatments. According to the CDC, approximately 10% of U.S. women aged 15 to 44 experience difficulties in conceiving. This trend boosts the need for fertility preservation services. Therefore, IVF technique including assisted reproductive technology (ART) involving egg extraction, fertilization in labs, and embryo transfers has doubled in the past decade, contributing to about 2.3% of annual U.S. births in 2021. The increasing demand for infertility treatments features the importance of vitrification, enhancing the IVF success rates and driving market growth in fertility clinics. Furthermore, the increasing emphasis on biobanking and regenerative medicine contributes to market growth, with vitrification playing a critical role in the extended storage of biological samples.