Asia Pacific In Vitro Fertilization Microscopes Market Size & Outlook
Asia Pacific in vitro fertilization microscopes market, 2018-2030 (US$M)
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Asia Pacific in vitro fertilization microscopes market highlights
- The Asia Pacific in vitro fertilization microscopes market generated a revenue of USD 34.3 million in 2023.
- The market is expected to grow at a CAGR of 8.9% from 2024 to 2030.
- In terms of segment, outpatient facilities was the largest revenue generating end use in 2023.
- Outpatient Facilities is the most lucrative end use segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 34.3 million |
| Market revenue in 2030 | USD 62.1 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | Outpatient facilities |
| Fastest growing segment | Outpatient Facilities |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hospitals, Outpatient Facilities, Research And Manufacturing |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 31.2% of the global in vitro fertilization microscopes market in 2023.
- Globally, Europe 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 62.1 million by 2030.
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In Vitro Fertilization Microscopes Market Scope
In Vitro Fertilization Microscopes Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific in vitro fertilization microscopes 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 microscopes market will help companies and investors design strategic landscapes.
Outpatient facilities was the largest segment with a revenue share of 83.97% in 2023. Horizon Databook has segmented the Asia Pacific in vitro fertilization microscopes market based on hospitals, outpatient facilities, research and manufacturing covering the revenue growth of each sub-segment from 2018 to 2030.
The number of IVF cycles performed is gradually increasing with favorable reforms in laws such as ending the one-child policy in China. Manufacturers have sought legal assistance to categorize ICSI as a medical device, resulting in reduced taxation and customs duty upon import, leading to reduced costs for patients.
Presence of a large population and increasing awareness regarding IVF are among the factors contributing to increased demand for microscopes by clinics.
Furthermore, the demand for IVF treatments is expected to increase owing to the growth in fertility tourism, increase in the number of international companies trying to penetrate economically developing countries, and changes in the regulatory landscape in Asia Pacific.
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Target buyers of Asia Pacific in vitro fertilization microscopes market databook
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Our clientele includes a mix of in vitro fertilization microscopes market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific in vitro fertilization microscopes market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific in vitro fertilization microscopes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific in vitro fertilization microscopes market size, by country, 2018-2030 (US$M)
Asia Pacific In Vitro Fertilization Microscopes Market Outlook Share, 2023 & 2030 (US$M)
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