Global Vitrification Market Size & Outlook, 2024-2030
Global vitrification market, 2018-2030 (US$M)
Related Markets
Global vitrification market highlights
- The global vitrification market generated a revenue of USD 8,205.1 million in 2023 and is expected to reach USD 24,246.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 16.7% by 2030.
- In terms of segment, oocytes accounted for a revenue of USD 3,447.0 million in 2023.
- Sperm is the most lucrative specimen segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 8,205.1 million |
| Market revenue in 2030 | USD 24,246.0 million |
| Growth rate | 16.7% (CAGR from 2023 to 2030) |
| Largest segment | Oocytes |
| Fastest growing segment | Sperm |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oocytes, Embryo, Sperm |
Other key industry trends
- In terms of revenue, the North America accounted for 23.6% of the global vitrification market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 26.6 million by 2030.
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Vitrification Market Scope
Vitrification Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global vitrification 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 vitrification market will help companies and investors design strategic landscapes.
Oocytes was the largest segment with a revenue share of 42.01% in 2024. Horizon Databook has segmented the Global vitrification market based on oocytes, embryo, sperm covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Vitrification Specimen Outlook (Revenue, USD Million, 2018-2030)
- Oocytes
- Devices
- Kits & Consumables
- Embryo
- Devices
- Kits & Consumables
- Sperm
- Oocytes
- Global Vitrification End Use Outlook (Revenue, USD Million, 2018-2030)
- IVF Clinics
- Biobanks
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Target buyers of Global vitrification market databook
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Our clientele includes a mix of vitrification 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 global-level data and insights on the Global vitrification market , including forecasts for subscribers. This global databook contains high-level insights into Global vitrification market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global vitrification market size, by regions, 2018-2030 (US$M)
Top 10 countries: Vitrification market size, 2024 (US$M)
Global vitrification market share, by specimen, 2024 & 2030 (%, US$M)
Vitrification market: Opportunity assessment by country
Global vitrification market, by region, 2024 (US$M)
| Specimen | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,073.5 | 1,244.3 | 1,190.2 | 1,426.6 | 1,660.3 | 1,934.3 | 2,251.2 | 2,619.0 | 3,046.6 | 3,543.5 | 4,121.2 | 4,792.7 | 5,573.1 | 16.3% |
| Europe | 1,797.5 | 2,088.7 | 1,998.9 | 2,453.1 | 2,832.0 | 3,264.8 | 3,762.9 | 4,339.3 | 5,007.7 | 5,783.4 | 6,684.7 | 7,732.7 | 8,952.4 | 15.6% |
| Asia Pacific | 1,596.4 | 1,809.8 | 1,697.1 | 2,002.8 | 2,303.5 | 2,663.2 | 3,099.1 | 3,632.4 | 4,289.0 | 5,102.2 | 6,115.2 | 7,384.6 | 8,984.8 | 19.9% |
| Latin America | 143.4 | 161.4 | 149.3 | 172.7 | 193.4 | 216.4 | 242.1 | 271.0 | 303.7 | 340.7 | 382.6 | 430.1 | 483.9 | 12.3% |
| MEA | 87.3 | 97.7 | 89.8 | 103.0 | 114.3 | 126.4 | 139.7 | 154.3 | 170.3 | 187.9 | 207.2 | 228.4 | 251.7 | 10.3% |
| Overall | 4,698.2 | 5,401.9 | 5,125.4 | 6,158.1 | 7,103.4 | 8,205.1 | 9,495.0 | 11,016.1 | 12,817.2 | 14,957.7 | 17,510.9 | 20,568.4 | 24,246.0 | 17.1% |
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