North America Vitrification Market Size & Outlook
North America vitrification market, 2018-2030 (US$M)
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North America vitrification market highlights
- The North America vitrification market generated a revenue of USD 1,934.3 million in 2023.
- The market is expected to grow at a CAGR of 16.3% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 1,934.3 million |
| Market revenue in 2030 | USD 5,573.1 million |
| Growth rate | 16.3% (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, North America region accounted for 23.6% 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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North America 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 41.96% in 2024. Horizon Databook has segmented the North America vitrification market based on oocytes, embryo, sperm covering the revenue growth of each sub-segment from 2018 to 2030.
North America held a significant share of the global vitrification market, and its growth can be attributed to factors such as increasing demand for assisted reproductive technologies, supportive government legislation for Assisted Reproductive Technology (ART) tools, and the presence of a large number of providers of vitrification products & services.
Moreover, growing awareness and social acceptance of fertility treatments in this region have significantly fueled market growth in the region. The vitrification technique is majorly used in the U.S. but has witnessed slow adoption in Canada due to the legal restrictions on gamete sales.
With the increase in the number of women freezing their eggs and men freezing their sperm for medical (cancer treatment, vasectomy) as well as nonmedical reasons (career goals, late pregnancy) in North America, the vitrification market is anticipated to grow in the future.
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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 North America vitrification market , including forecasts for subscribers. This continent databook contains high-level insights into North America vitrification market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America vitrification market size, by country, 2018-2030 (US$M)
North America Vitrification Market Outlook Share, 2024 & 2030 (US$M)
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