Thailand Vitrification Market Size & Outlook, 2024-2030
Thailand vitrification market, 2018-2030 (US$M)
Related Markets
Thailand vitrification market highlights
- The Thailand vitrification market generated a revenue of USD 48.8 million in 2023 and is expected to reach USD 105.1 million by 2030.
- The Thailand market is expected to grow at a CAGR of 11.6% 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 48.8 million |
| Market revenue in 2030 | USD 105.1 million |
| Growth rate | 11.6% (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, Thailand accounted for 0.6% 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 Asia Pacific, China vitrification market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,591.2 million by 2030.
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Vitrification Market Scope
Vitrification Market Companies
| Name | Profile | # Employees | HQ | Website |
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Thailand 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 42.21% in 2024. Horizon Databook has segmented the Thailand vitrification market based on oocytes, embryo, sperm covering the revenue growth of each sub-segment from 2018 to 2030.
Infertility issues are significantly growing in the country. Thus, the demand for fertility preservation services and treatment is anticipated to increase in the coming years. Various fertility centers operating in the country offer fertility preservation services, including egg and sperm freezing.
For instance, Bangkok Central Clinic and Bumrungrad International Hospital offer fertility preservation and treatment services in the country. In addition, egg donation and sperm donation is legal in Thailand if it is done without commercial benefit.
Thus, several egg and sperm donor banks, such as Bangkok Surrogacy, New Life Network, and Infertility Aide, are operating in the country. Thus, the declining fertility rate of the country and increasing infertility are anticipated to boost the competition in the vitrification market by increasing introduction of vitrification service providers in the market.
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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 Thailand vitrification market , including forecasts for subscribers. This country databook contains high-level insights into Thailand vitrification market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand vitrification market size, by specimen, 2018-2030 (US$M)
Thailand Vitrification Market Outlook Share, 2024 & 2030 (US$M)
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