Asia Pacific Vitrification Market Size & Outlook
Asia Pacific vitrification market, 2018-2030 (US$M)
Related Markets
Asia Pacific vitrification market highlights
- The Asia Pacific vitrification market generated a revenue of USD 2,663.2 million in 2023.
- The market is expected to grow at a CAGR of 19% from 2024 to 2030.
- In terms of segment, oocytes was the largest revenue generating specimen in 2023.
- Sperm is the most lucrative specimen segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 2,663.2 million |
| Market revenue in 2030 | USD 8,984.8 million |
| Growth rate | 19% (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 |
| Key market players worldwide | Vitrolife AB ADR, Genea Biomedx, Immersion Corp, The Cooper Companies Inc, FUJIFILM Holdings Corp, BioTech Medics Inc, Nidacon, Minitube, Kitazato, VitaVitro Biotech |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 32.5% of the global vitrification 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 8,984.8 million by 2030.
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Vitrification Market Scope
Vitrification Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific 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 42.14% in 2023. Horizon Databook has segmented the Asia Pacific vitrification market based on oocytes, embryo, sperm covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific was the second largest revenue contributor for the market with revenue share of 32.43% in 2022. The rising awareness and initiation of legal discussions on whether to legalize egg freezing for unmarried women in countries such as China are anticipated to increase the adoption of vitrification techniques in the coming few years in the Asia Pacific region.
Furthermore, the growing number of companies in Asia Pacific, such as Kitazato, Shenzhen VitaVitro Biotech, Cryologic, and Cryotech Lab, which offer vitrification devices, vitrification kits, & consumables, is an indicator of market growth in this region.
.In addition, government initiatives to financially aid women to freeze their eggs in countries such as Japan are anticipated to increase the use of vitrification techniques. Thus, the overall vitrification market in Asia Pacific is expected to grow over the forecast period.
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Our clientele includes a mix of vitrification 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 Asia Pacific vitrification market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific vitrification market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific vitrification market size, by country, 2018-2030 (US$M)
Asia Pacific Vitrification Market Outlook Share, 2023 & 2030 (US$M)
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