Norway Vitrification Market Size & Outlook, 2024-2030
Norway vitrification market, 2018-2030 (US$M)
Related Markets
Norway vitrification market highlights
- The Norway vitrification market generated a revenue of USD 41.0 million in 2023 and is expected to reach USD 81.2 million by 2030.
- The Norway 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.
Vitrification market data book summary
| Market revenue in 2023 | USD 41.0 million |
| Market revenue in 2030 | USD 81.2 million |
| Growth rate | 10.3% (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, Norway accounted for 0.5% 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 |
|---|
Norway 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 42.2% in 2024. Horizon Databook has segmented the Norway vitrification market based on oocytes, embryo, sperm covering the revenue growth of each sub-segment from 2018 to 2030.
In Norway, there are legal restrictions on egg and sperm freezing for nonmedical reasons, which has resulted in many single women opting for these services overseas. This indicates the slow adoption of vitrification techniques in the country.
However, increasing number of female workers in the country choosing to freeze their eggs for better future pregnancy outcomes indicates the growth of the market in the country.
According to fertility specialists in Norway, a significant increase in the number of men freezing their sperm for future use has been reported in the country, after the declaration of the second child policy.
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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 Norway vitrification market , including forecasts for subscribers. This country databook contains high-level insights into Norway vitrification market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Norway vitrification market size, by specimen, 2018-2030 (US$M)
Norway Vitrification Market Outlook Share, 2024 & 2030 (US$M)
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