UK Vitrification Market Size & Outlook, 2024-2030
UK vitrification market, 2018-2030 (US$M)
Related Markets
UK vitrification market highlights
- The UK vitrification market generated a revenue of USD 293.2 million in 2023 and is expected to reach USD 743.7 million by 2030.
- The UK market is expected to grow at a CAGR of 14.2% 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 293.2 million |
| Market revenue in 2030 | USD 743.7 million |
| Growth rate | 14.2% (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, UK accounted for 3.6% 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 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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UK 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 42.29% in 2024. Horizon Databook has segmented the UK vitrification market based on oocytes, embryo, sperm covering the revenue growth of each sub-segment from 2018 to 2030.
With the emergence of vitrification, the number of egg-freezing and storage cycles in the UK has significantly increased from 2.576 cycles in 2019 to 4,215 cycles in 2021, accounting for over a 64% rise.
The COVID-19 pandemic has a big role in higher egg freezing and storage cycles as women want to freeze their eggs in the hope of preserving their fertility. This shows the scope of rapid market growth in the country.
However, there is a ban on freezing eggs and sperm for more than 10 years for nonmedical reasons. Recently, the UK government reviewed this law, which has been criticized for a long time. There are egg banks such as London Egg Bank and sperm donor banks such as London Sperm Bank & Manchester Fertility, which provide vitrification to people seeking the treatment.
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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 UK vitrification market , including forecasts for subscribers. This country databook contains high-level insights into UK vitrification market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UK vitrification market size, by specimen, 2018-2030 (US$M)
UK Vitrification Market Outlook Share, 2024 & 2030 (US$M)
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