How much is the in vitro fertilization (ivf) devices and consumables market worth, and how is it expected to expand?
The in vitro fertilization (IVF) devices and consumables market size has grown rapidly in recent years. It will grow from $2.66 $ billion in 2024 to $3.1 $ billion in 2025 at a compound annual growth rate (CAGR) of 16.7%. The growth in the historic period can be attributed to increasing infertility rates, growing awareness and acceptance of in vitro fertilization (IVF) treatments, rising number of gamete donations, increasing government support and funding for infertility treatment, and increasing delayed pregnancies.
The in vitro fertilization (IVF) devices and consumables market size is expected to see rapid growth in the next few years. It will grow to $5.67 $ billion in 2029 at a compound annual growth rate (CAGR) of 16.3%. The growth in the forecast period can be attributed to the rise in adoption of minimally invasive procedures, expanding healthcare infrastructure, increasing expansions of fertility clinics, increasing adoption of personalized and precision medicine approaches in reproductive health, and rising disposable incomes. Major trends in the forecast period include the integration of artificial intelligence and machine learning, the development of innovative in vitro fertilization (IVF) consumables and devices, advancements in vitro fertilization (IVF) technology, such as preimplantation genetic testing and cryopreservation methods, advanced treatments for infertility, and advanced genetic screening.
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Which industry factors have accelerated the in vitro fertilization (ivf) devices and consumables market’s expansion?
The increasing infertility rates are expected to propel the growth of the in vitro fertilization (IVF) devices and consumables market going forward. Infertility is the inability to conceive after one year of regular, unprotected intercourse or the inability to carry a pregnancy to term. The rise in infertility rate is due to lifestyle changes, delayed pregnancies, and rising stress levels. IVF devices and consumables are used in assisted reproductive technologies to aid in the fertilization process, including equipment for egg retrieval, embryo culture, and embryo transfer, addressing infertility issues by facilitating successful conception and pregnancy. For instance, in April 2023, according to the World Health Organization (WHO), a Switzerland-based United Nations agency working to promote health, keep the world safe, and serve the vulnerable, approximately 17.5% of the global adult population, or about 1 in 6 people, experience infertility at some point in their lives. Further, in the U.S., around 11% of women and 9% of men of childbearing age are reported to face infertility. Specifically, about 19% of heterosexual women aged 15 to 49 who have never given birth encounter infertility, while 6% of married women in this age group experience infertility challenges. Therefore, increasing infertility rates are driving the in vitro fertilization (IVF) devices and consumables market.
What are the primary segments of the in vitro fertilization (ivf) devices and consumables market?
The in vitro fertilization (IVF) devices and consumables market covered in this report is segmented –
1) By Product: Instruments, Accessories And Disposables, Reagents And Media
2) By Technology: Fresh Embryo In Vitro Fertilization (IVF), Frozen Embryo In Vitro Fertilization (IVF), Donor Egg In Vitro Fertilization (IVF)
3) By End User: Fertility Clinics, Hospitals, Surgical Centers, Clinical Research Institutes
Subsegments:
1) By Instruments: IVF Microscopes, Incubators, Sperm Analyzers, Embryo Transfer Catheters
2) By Accessories and Disposables: Petri Dishes, Pipettes, Culture Plates, Cryopreservation Vials
3) By Reagents and Media: Culture Media, Cryopreservation Media, Sperm Wash Solutions, Ovum Retrieval Solutions
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Which firms are leading the in vitro fertilization (ivf) devices and consumables market?
Major companies operating in the in vitro fertilization (IVF) devices and consumables market are Thermo Fisher Scientific Inc., Merck KGaA, FUJIFILM Holdings Corporation, CooperSurgical Inc., Cook Medical Inc., Progyny Inc., Vitrolife AB, Esco Micro Pte. Ltd., Hamilton Thorne Ltd., Nantong Egens Biotechnology Co. Ltd., Genea Biomedx Pty Ltd., Kitazato Corporation, Fertility Center of Illinois, Rocket Medical PLC, Gynemed GmbH & Co. KG, Gynotek Ltd., Biocell Enterprise LLC, Laboratoire CCD, Invitrocare Ltd., Nidacon International AB
Which market trends are set to define the future of the in vitro fertilization (ivf) devices and consumables market?
Major companies operating in the in vitro fertilization (IVF) devices and consumables market are focusing on developing innovative products, such as benchtop incubators for IVF clinics, to enhance embryo culture’s efficiency and success rates and improve patient outcomes. A benchtop incubator for IVF clinics is a specialized piece of equipment designed to provide a controlled environment for the culture and development of embryos during in vitro fertilization (IVF) procedures. These incubators are crucial for maintaining the precise conditions required for embryo growth, including temperature, humidity, and gas composition, such as oxygen and carbon dioxide levels. For instance, in May 2022, Cook Group Incorporated, a US-based medical device company, launched the MINC+TM Benchtop Incubator, the advanced version of the widely used MINC Mini Incubator, for IVF clinics in the US and Canada. The MINC+ integrates updated features informed by user feedback to improve the experience for clinical embryologists. It includes the DishTrace platform, which merges touchscreen and PC software capabilities for comprehensive dish-data management. This system enables tracking of culture dishes as they are checked in and out of the incubator, monitors up to 50 MINC+ incubators simultaneously, and generates graphical histories and reports on MINC+ activity.
Which geographic trends are shaping the in vitro fertilization (ivf) devices and consumables market, and which region has the highest market share?
North America was the largest region in the in vitro fertilization (IVF) devices and consumables market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the in vitro fertilization (IVF) devices and consumables market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The In Vitro Fertilization (IVF) Devices And Consumables Market Report 2025 Offer?
The in vitro fertilization (ivf) devices and consumables market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
In vitro fertilization (IVF) devices and consumables refer to the specialized tools, equipment, and materials used in the process of in vitro fertilization; a medical procedure designed to assist with conception in cases of infertility. They are critical for ensuring the success of in vitro fertilization by providing the necessary tools and materials for each stage of the process, from egg retrieval and fertilization to embryo culture and transfer. These components are designed to create optimal conditions for fertilization and early embryonic development, ultimately increasing the chances of a successful pregnancy.
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