North America In Vitro Fertilization Market Size & Outlook
North America in vitro fertilization market, 2018-2030 (US$M)
Related Markets
North America in vitro fertilization market highlights
- The North America in vitro fertilization market generated a revenue of USD 5,611.9 million in 2023.
- The market is expected to grow at a CAGR of 4.5% 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 5,611.9 million |
| Market revenue in 2030 | USD 7,623.2 million |
| Growth rate | 4.5% (CAGR from 2023 to 2030) |
| Largest segment | Fresh nondonor |
| Fastest growing segment | Frozen Nondonor |
| 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, North America region accounted for 22.1% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
In Vitro Fertilization Market Scope
In Vitro Fertilization Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 46.78% in 2023. Horizon Databook has segmented the North America 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.
Growth of the In Vitro Fertilization (IVF) market in North America is being driven by several significant factors, including regulatory reforms, government funding for egg/sperm storage, standardization of procedures through automation, and the introduction of new IVF treatments by industry players.
These factors collectively contribute to the expansion & advancement of the IVF market in the region. Furthermore, due to the relatively higher costs of IVF and ICSI treatments in North America, the region is expected to experience steady growth during the forecast period.
For instance, according to recent data by Fertility IQ, a patient spends around USD 20,000 for a single IVF cycle in the U.S. Hence, the increasing cost of IVF treatments, combined with the growing demand in the U.S., has led to a trend where patients are traveling to other countries for treatment.
Reasons to subscribe to North America in vitro fertilization market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of North America in vitro fertilization market databook
-
Our clientele includes a mix of in vitro fertilization market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America in vitro fertilization market , including forecasts for subscribers. This continent databook contains high-level insights into North America in vitro fertilization market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
North America in vitro fertilization market size, by country, 2018-2030 (US$M)
North America In Vitro Fertilization Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
