(PharmaNewsWire.Com, April 12, 2017 ) According to the report Middle East and Africa In-Vitro Fertilization Market, published by Market Data Forecast, the Middle East and Africa market is projected to reach USD 0.29 billion by 2021, at a CAGR of 16.64% from 2016 to 2021.
In-vitro fertilization (IVF) Market involves the fertilization of ovum using laboratory settings followed by implantation into uterus. In-vitro fertilization is also known as assisted reproductive technology.
The process involves the collection of matured healthy eggs and sperms from the anonymous or known donors, or partners. These eggs get fertilized using laboratory reagents & media and instruments. Fertilized eggs (embryos) are implanted into uterus for the continuation of development of embryo to child. One cycle of in-vitro fertilization takes around 10-15 days. IVF is most widely accepted method for the fertility treatments in clinical industry and helpful for the couples with infertility problems, LGBT communities, single mothers.
The major product categories that assist in-vitro fertilization method include reagents & media (such as embryo culture media, sperm processing media) and instruments (cryosystems, sperm separation system).
Increasing government initiatives for the development of healthcare infrastructure, decreasing rates of pregnancies among women, growing lifestyle & gynecological disorders in certain countries of Middle East & Africa, and rising number of population are driving the growth of in-vitro fertilization market in the Middle East & Africa. However, requirement of high cost for the running of in-vitro fertilization procedures, unawareness of advanced fertilization technologies, lack of technical experts, and scarcity of advanced in-vitro fertilization methods are expected to restrain the growth of in-vitro fertilization market in the Middle East & Africa.
The In-Vitro Fertilization Market is segmented as following:
Based on Reagents and Media:
Introduction
Embryo Culture Media
Cryopreservation Media
Sperm Processing Media
Ovum Processing Media
Based on Instruments:
Introduction
Imaging Systems
Sperm Separation Systems
Ovum Aspiration Pumps
Incubators
Micromanipulator Systems
Cryosystems
Other Instruments (Gas Analyzers, Laser Systems, Accessories)
Based on Technology:
Introduction
Intra-Cytoplasmic Sperm Injection (ICSI)
Pre-Implantation Genetic Diagnosis (PGD)
Frozen Embryo Transfer/Replacement (FET/FER)
Other Technologies
Based on End Users:
Introduction
Fertility and Surgical Centers
Hospitals and Research Laboratories
Cryobanks
The major companies operating in the In-Vitro Fertilization Market are CooperSurgical, Inc. (U.S.), Cook Medical, Inc. (U.S.), Vitrolife AB (Sweden), IVFtech ApS (Denmark), Genea Limited (Australia), Thermo Fisher Scientific, Inc. EMD Serono, Inc. (U.S.), (U.S.), ESCO Micro Pte. Limited (Singapore), Irvine Scientific (U.S.), and The Baker Company, Inc. (U.S.).
The In-Vitro Fertilization Market study offers the following deliverables:
Middle East and Africa, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the Middle East and Africa market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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