Canada In Vitro Fertilization Market Size & Outlook
Canada in vitro fertilization market, 2018-2030 (US$M)
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Canada in vitro fertilization market highlights
- The Canada in vitro fertilization market generated a revenue of USD 330.9 million in 2023 and is expected to reach USD 375.1 million by 2030.
- The Canada market is expected to grow at a CAGR of 1.8% from 2024 to 2030.
- In terms of segment, fresh nondonor was the largest revenue generating procedure type in 2023.
- Frozen Nondonor is the most lucrative procedure type segment registering the fastest growth during the forecast period.
In vitro fertilization market data book summary
| Market revenue in 2023 | USD 330.9 million |
| Market revenue in 2030 | USD 375.1 million |
| Growth rate | 1.8% (CAGR from 2023 to 2030) |
| Largest segment | Fresh nondonor |
| Fastest growing segment | Frozen Nondonor |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fresh Nondonor, Frozen Nondonor, Fresh Donor, Frozen Donor |
| Key market players worldwide | Bayer AG, Cook Medical, Merck KGaA, Ferring, FUJIFILM Holdings Corp, Genea Biomedx, Merck & Co Inc, The Cooper Companies Inc, Thermo Fisher Scientific Inc, Vitrolife AB ADR, Boston Scientific Corp, Nova IVF, Fortis Healthcare, RMA Network, TFP Fertility Group, US Fertility |
Other key industry trends
- In terms of revenue, Canada accounted for 1.3% of the global in vitro fertilization market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. in vitro fertilization market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 7,248.1 million by 2030.
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In Vitro Fertilization Market Scope
In Vitro Fertilization Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada in vitro fertilization market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to in vitro fertilization market will help companies and investors design strategic landscapes.
Fresh nondonor was the largest segment with a revenue share of 46.96% in 2023. Horizon Databook has segmented the Canada in vitro fertilization market based on fresh nondonor, frozen nondonor, fresh donor, frozen donor covering the revenue growth of each sub-segment from 2018 to 2030.
There has been a growing demand for IVF services in Canada, driven by factors such as delayed childbearing, increasing awareness & acceptance of fertility treatments, and advancements in technology. This has led to an expansion of IVF clinics across the country.
Furthermore, the COVID-19 pandemic had a significant negative impact on various markets, including the fertility services market in Canada. The pandemic resulted in disruptions and challenges that affected the demand for & provision of fertility treatments.
For instance, according to a report released by Statistics Canada in December 2021, the COVID-19 pandemic prompted a significant shift in the reproductive intentions of many Canadians aged 15 to 49. The report indicates that individuals in this age group have experienced a change of heart concerning their plans for having children due to the impact of the pandemic.
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Our clientele includes a mix of in vitro fertilization market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada in vitro fertilization market , including forecasts for subscribers. This country databook contains high-level insights into Canada in vitro fertilization market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada in vitro fertilization market size, by procedure type, 2018-2030 (US$M)
Canada In Vitro Fertilization Market Outlook Share, 2023 & 2030 (US$M)
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