U.S. In Vitro Fertilization Market Size & Outlook
U.S. in vitro fertilization market, 2018-2030 (US$M)
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U.S. in vitro fertilization market highlights
- The U.S. in vitro fertilization market generated a revenue of USD 5,281.0 million in 2023 and is expected to reach USD 7,248.1 million by 2030.
- The U.S. market is expected to grow at a CAGR of 4.6% 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 5,281.0 million |
| Market revenue in 2030 | USD 7,248.1 million |
| Growth rate | 4.6% (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, U.S. accounted for 20.8% 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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U.S. 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 46.77% in 2023. Horizon Databook has segmented the U.S. 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 U.S. IVF services market is driven by various factors, with one significant factor being the notable increase in infertility rates. Infertility affects a considerable number of couples in the U.S., with approximately one in eight couples experiencing difficulties in conceiving.
According to data from macrotrends.net (2023), the U.S. fertility rate in 2023 was 1.784 births per woman, representing a slight 0.11% increase from the previous year. Various lifestyle factors and behaviors, such as diet, stress, alcohol consumption, obesity, smoking, and Sexually Transmitted Diseases (STDs), can have an impact on fertility rates.
Changes in lifestyle and the prevalence of fertility-related disorders contribute to the rising rates of infertility. As a result, it is expected that the increasing infertility rates will continue to drive market growth in the IVF services sector. A Single Care online survey conducted in February 2021 revealed significant findings regarding the prevalence of infertility in the U.S.
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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 U.S. in vitro fertilization market , including forecasts for subscribers. This country databook contains high-level insights into U.S. in vitro fertilization market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. in vitro fertilization market size, by procedure type, 2018-2030 (US$M)
U.S. In Vitro Fertilization Market Outlook Share, 2023 & 2030 (US$M)
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