Middle East & Africa In Vitro Fertilization Market Size & Outlook
Middle East & Africa in vitro fertilization market, 2018-2030 (US$M)
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MEA in vitro fertilization market highlights
- The MEA in vitro fertilization market generated a revenue of USD 1,297.9 million in 2023.
- The market is expected to grow at a CAGR of 5.3% from 2024 to 2030.
- In terms of segment, frozen nondonor was the largest revenue generating procedure type in 2023.
- Fresh Donor is the most lucrative procedure type segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 1,297.9 million |
| Market revenue in 2030 | USD 1,868.3 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Frozen nondonor |
| Fastest growing segment | Fresh Donor |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, MEA region accounted for 5.1% of the global in vitro fertilization market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 14,294.9 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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Middle East & Africa 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.
Frozen nondonor was the largest segment with a revenue share of 48.18% in 2023. Horizon Databook has segmented the Middle East & Africa 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.
Major markets in the MEA region include South Africa, Saudi Arabia, and the UAE. The rules for gamete freezing in the UAE are drafted by the Ministry of Health and Prevention. Although egg-freezing facilities are offered by various clinics, they can only be used by women to whom the eggs belong. Women can avail this facility after showing proof of marriage.
The expansion of the IVF market can be attributed to several factors, including a rise in infertility cases, the proliferation of fertility clinics & related services supported by the government, and advancements in product offerings.
However, the market growth may be impeded by the substantial cost associated with ARTs. Several countries in the MEA region, including the United Arab Emirates, Qatar, and Saudi Arabia, have recognized the importance of fertility treatments & reproductive healthcare.
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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 continent-level data and insights on the Middle East & Africa in vitro fertilization market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa in vitro fertilization market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA in vitro fertilization market size, by country, 2018-2030 (US$M)
Middle East & Africa In Vitro Fertilization Market Outlook Share, 2023 & 2030 (US$M)
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