Middle East & Africa Vitrification Market Size & Outlook
Middle East & Africa vitrification market, 2018-2030 (US$M)
Related Markets
MEA vitrification market highlights
- The MEA vitrification market generated a revenue of USD 126.4 million in 2023.
- The market is expected to grow at a CAGR of 10.3% 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, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 126.4 million |
| Market revenue in 2030 | USD 251.7 million |
| Growth rate | 10.3% (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, MEA region accounted for 1.5% 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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Middle East & Africa 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 42.09% in 2024. Horizon Databook has segmented the Middle East & Africa vitrification market based on oocytes, embryo, sperm covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East and Africa accounted for relatively low market penetration in 2022. Currently, there are religious legislations such as egg preservation should only be used by married women and only the husband’s sperm should be used for fertilization in countries such as Egypt, Jordan, & Tunisia.
In countries such as Jordan and Algeria, egg preservation is only allowed for married women. Only in Tunisia and Lebanon, egg freezing is allowed for all women. In the UAE, women are allowed to freeze their eggs for medical reasons only.
The above factors have led to the slow adoption of vitrification techniques in the Middle East. However, it is anticipated to witness growth in the coming years. In addition, infertility in men is increasing in the UAE. This is anticipated to impact the market by the increasing use of sperm vitrification in the region.
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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 Middle East & Africa vitrification market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa vitrification market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA vitrification market size, by country, 2018-2030 (US$M)
Middle East & Africa Vitrification Market Outlook Share, 2024 & 2030 (US$M)
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