Italy Vitrification Market Size & Outlook, 2023-2030
Italy vitrification market, 2018-2030 (US$M)
Related Markets
Italy vitrification market highlights
- The Italy vitrification market generated a revenue of USD 368.2 million in 2023 and is expected to reach USD 1,207.4 million by 2030.
- The Italy market is expected to grow at a CAGR of 18.5% 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.
Vitrification market data book summary
| Market revenue in 2023 | USD 368.2 million |
| Market revenue in 2030 | USD 1,207.4 million |
| Growth rate | 18.5% (CAGR from 2023 to 2030) |
| Largest segment | Oocytes |
| Fastest growing segment | Sperm |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Italy accounted for 4.5% of the global vitrification market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Spain vitrification market is projected to lead the regional market in terms of revenue in 2030.
- Spain is the fastest growing regional market in Europe and is projected to reach USD 2,002.8 million by 2030.
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Vitrification Market Scope
Vitrification Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy 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 42.18% in 2023. Horizon Databook has segmented the Italy vitrification market based on oocytes, embryo, sperm covering the revenue growth of each sub-segment from 2018 to 2030.
Currently, due to stringent legislative guidelines, cryopreservation of bio-specimen by single women is not allowed. This has resulted in the slow adoption of vitrification techniques in the country. Furthermore, the number of women choosing elective egg freezing is lower than that in other countries.
However, the fertility rate in the country is continuously declining, which is anticipated to increase the use of egg, embryo, & sperm preservation and boost the adoption of vitrification for the same.
In Italy, one in every four working women loses her job within a year of giving birth. Vitrification of eggs or embryos can help these women to have a child when they wish. Such aspects are anticipated to increase the adoption of vitrification in the country.
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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 country-level data and insights on the Italy vitrification market , including forecasts for subscribers. This country databook contains high-level insights into Italy vitrification market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy vitrification market size, by specimen, 2018-2030 (US$M)
Italy Vitrification Market Outlook Share, 2023 & 2030 (US$M)
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