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The global in vitro fertilization banking services market size was valued at USD 4.31 billion in 2023, driven by the increasing prevalence of infertility across the globe. The market size is anticipated to grow at a CAGR of 10.5% during the forecast period of 2024-2032 to achieve a value of USD 10.58 billion by 2032.
The in vitro fertilization (IVF) is the most successful type of assisted reproductive technology. Intricate in vitro fertilization (IVF) is used to help with fertility, prevent genetic issues, and aid in child conception. It can be performed by using the couple's own sperm and eggs. A known or unknown donor's eggs, sperm, or embryos may also be used during IVF.
A gestational carrier, a woman who has had an embryo implanted in her uterus, is also occasionally used. In IVF, mature eggs are removed from ovaries and fertilized in a laboratory with sperm. The fertilized egg (or eggs) is/are then transported to the uterus. IVF cycles are completed in roughly three weeks.
Increasingly popularity of artificial intelligence in vitro fertilization IVF is a major trend driving the market growth. Several studies have discovered that artificial intelligence could indeed improve the outcomes of the IVF process and increase the success rates which will further propel the global in vitro fertilization banking services market growth. With artificial intelligence, large number of patterns and data about the substances and complications related to IVF processes can be analyzed with ease accommodated with the reliability, which is also a major trend contributing to the increasing traction of IVF banking services in the market. The data analyzed with the help of artificial intelligence can be further used as valuable tools to evaluate and predict pregnancy outcomes and filtration of the most viable embryos for transfer.
Artificial intelligence is helpful is multiple stages of the IVF process from fertilization to the blastocyst stage. It can be helpful in current forecasts by integrating with time-lapse imaging (TLI) technologies. Some studies have also found that artificial intelligence can effectively improve the success rate of in-vitro fertilization (IVF) as it can help healthcare professionals to pick the best embryos for transfer and reducing the risk of miscarriage, which further contributes to the rising demand for in vitro fertilization banking services.
Market Breakup by Service Type
Market Breakup by Donor Egg Cycle
Market Breakup by Region
The rising cases of infertility and changing lifestyles with such as unhealthy eating habits, along with poor work life balance leading to stressful lifestyles, leads to infertility. Consumption of tobacco and alcohol also boosts this demand as it leads to the poor sexual health in both men and women. Due to these conditions, the in vitro fertilization banking services have been gaining popularity among adults who want to conceive. This increasing popularity has been adding up to the global in vitro fertilization banking services market share. The IVF process is performed in a lab dish under the supervision of professional practitioners where eggs retrieved from ovaries are fertilized by sperm. The fertilized egg is then transferred to a uterus.
Significant awareness about the in vitro fertilization banking services is also a major factor contributing to the market growth. The increasing cases of infertility due to various factors, such as poor sexual health, unhealthy diet, consumption or substances as alcohol, some other explicit substances also impact sexual health of an individual. These factors significantly aid the growth of the global in vitro fertilization banking services market size. The rising number of IVF centres across the globe due to the rising success rates and easy availability of services are also providing a significant impetus to the growth of the market.
The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2017-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Service Type |
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Breakup by Donor Egg Cycle |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage – Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Global In Vitro Fertilization Banking Services Market Overview
3.1 Global In Vitro Fertilization Banking Services Market Historical Value (2017-2023)
3.2 Global In Vitro Fertilization Banking Services Market Forecast Value (2024-2032)
4 Global In Vitro Fertilization Banking Services Market Landscape
4.1 Lentiviral Vectors: Developers Landscape
4.1.1 Analysis by Year of Establishment
4.1.2 Analysis by Company Size
4.1.3 Analysis by Region
4.2 Lentiviral Vectors: Product Landscape
4.2.1 Analysis by Type
4.2.2 Analysis by Applications
5 Global In Vitro Fertilization Banking Services Market Dynamics
5.1 Market Drivers and Constraints
5.2 SWOT Analysis
5.3 Porter’s Five Forces Model
5.4 Key Demand Indicators
5.5 Key Price Indicators
5.6 Industry Events, Initiatives, and Trends
5.7 Value Chain Analysis
6 Global In Vitro Fertilization Banking Services Market Segmentation
6.1 Global In Vitro Fertilization Banking Services Market by Service Type
6.1.1 Market Overview
6.1.2 Egg banking
6.1.3 Sperm banking
6.1.4 Others
6.2 Global In Vitro Fertilization Banking Services Market by Donor Egg Cycle
6.2.1 Market Overview
6.2.2 Fresh Donor Egg Cycle
6.2.3 Frozen Donor Egg Cycle
6.3 Global In Vitro Fertilization Banking Services Market by Region
6.3.1 Market Overview
6.3.2 North America
6.3.3 Europe
6.3.4 Asia Pacific
6.3.5 Latin America
6.3.6 Middle East and Africa
7 North America In Vitro Fertilization Banking Services Market
7.1 Market Share by Country
7.2 United States of America
7.3 Canada
8 Europe In Vitro Fertilization Banking Services Market
8.1 Market Share by Country
8.2 United Kingdom
8.3 Germany
8.4 France
8.5 Italy
8.6 Others
9 Asia Pacific In Vitro Fertilization Banking Services Market
9.1 Market Share by Country
9.2 China
9.3 Japan
9.4 India
9.5 ASEAN
9.6 Australia
9.7 Others
10 Latin America In Vitro Fertilization Banking Services Market
10.1 Market Share by Country
10.2 Brazil
10.3 Argentina
10.4 Mexico
10.5 Others
11 Middle East and Africa In Vitro Fertilization Banking Services Market
11.1 Market Share by Country
11.2 Saudi Arabia
11.3 United Arab Emirates
11.4 Nigeria
11.5 South Africa
11.6 Others
12 Regulatory Framework
12.1 Regulatory Overview
12.1.1 US FDA
12.1.2 EU EMA
12.1.3 INDIA CDSCO
12.1.4 JAPAN PMDA
12.1.5 Others
13 Patent Analysis
13.1 Analysis by Type of Patent
13.2 Analysis by Publication year
13.3 Analysis by Issuing Authority
13.4 Analysis by Patent Age
13.5 Analysis by CPC Analysis
13.6 Analysis by Patent Valuation
13.7 Analysis by Key Players
14 Grants Analysis
14.1 Analysis by year
14.2 Analysis by Amount Awarded
14.3 Analysis by Issuing Authority
14.4 Analysis by Grant Application
14.5 Analysis by Funding Institute
14.6 Analysis by NIH Departments
14.7 Analysis by Recipient Organization
15 Clinical Trials Analysis
15.1 Analysis by Trial Registration Year
15.2 Analysis by Trial Status
15.3 Analysis by Trial Phase
15.4 Analysis by Therapeutic Area
15.5 Analysis by Geography
16 Funding and Investment Analysis
16.1 Analysis by Funding Instances
16.2 Analysis by Type of Funding
16.3 Analysis by Funding Amount
16.4 Analysis by Leading Players
16.5 Analysis by Leading Investors
16.6 Analysis by Geography
17 Partnership and Collaborations Analysis
17.1 Analysis by Partnership Instances
17.2 Analysis by Type of Partnership
17.3 Analysis by Leading Players
17.4 Analysis by Geography
18 Supplier Landscape
18.1 Seattle Sperm Bank
18.1.1 Financial Analysis
18.1.2 Product Portfolio
18.1.3 Demographic Reach and Achievements
18.1.4 Mergers and Acquisitions
18.1.5 Certifications
18.2 European Sperm Bank
18.2.1 Financial Analysis
18.2.2 Product Portfolio
18.2.3 Demographic Reach and Achievements
18.2.4 Mergers and Acquisitions
18.2.5 Certifications
18.3 My Eggbank
18.3.1 Financial Analysis
18.3.2 Product Portfolio
18.3.3 Demographic Reach and Achievements
18.3.4 Mergers and Acquisitions
18.3.5 Certifications
18.4 Dunya IVF: Cyprus Fertility Clinic
18.4.1 Financial Analysis
18.4.2 Product Portfolio
18.4.3 Demographic Reach and Achievements
18.4.4 Mergers and Acquisitions
18.4.5 Certifications
18.5 CCRM Fertility
18.5.1 Financial Analysis
18.5.2 Product Portfolio
18.5.3 Demographic Reach and Achievements
18.5.4 Mergers and Acquisitions
18.5.5 Certifications
18.6 California Cryobank
18.6.1 Financial Analysis
18.6.2 Product Portfolio
18.6.3 Demographic Reach and Achievements
18.6.4 Mergers and Acquisitions
18.6.5 Certifications
18.7 The World Egg Bank
18.7.1 Financial Analysis
18.7.2 Product Portfolio
18.7.3 Demographic Reach and Achievements
18.7.4 Mergers and Acquisitions
18.7.5 Certifications
18.8 Cryos International
18.8.1 Financial Analysis
18.8.2 Product Portfolio
18.8.3 Demographic Reach and Achievements
18.8.4 Mergers and Acquisitions
18.8.5 Certifications
18.9 Genetics and IVF Institutes
18.9.1 Financial Analysis
18.9.2 Product Portfolio
18.9.3 Demographic Reach and Achievements
18.9.4 Mergers and Acquisitions
18.9.5 Certifications
18.10 Boston IVF, Inc.
18.10.1 Financial Analysis
18.10.2 Product Portfolio
18.10.3 Demographic Reach and Achievements
18.10.4 Mergers and Acquisitions
18.10.5 Certifications
19 Key Opinion Leaders (KOL) Insights (Additional Insight)
20 Company Competitiveness Analysis (Additional Insight)
20.1 Very Small Companies
20.2 Small Companies
20.3 Mid-Sized Companies
20.4 Large Companies
20.5 Very Large Companies
21 Payment Methods (Additional Insight)
21.1 Government Funded
21.2 Private Insurance
21.3 Out-of-Pocket
*Additional insights provided are customisable as per client requirements.
The market attained a value of about USD 4.31 billion in 2023, driven by the increasing awareness about IVF process.
The market is anticipated to grow at a CAGR of 10.5% during the forecast period of 2024-2032, likely to reach a market value of USD 10.58 billion by 2032.
The rising infertility issue among adult population across the globe due to unhealthy lifestyle is a major factor driving the market growth.
The integration of artificial intelligence to improve the outcomes of IVF is a major trend influencing the market growth.
The major regions of the market include North America, Europe, Asia Pacific, Latin America, Middle East and Africa. North America is currently leading the global market.
Services like egg banking and sperm banking, among others, are provided under in vitro fertilization banking services.
There is fresh donor egg cycle and frozen donor egg cycle.
Key players involved in the market are Seattle Sperm Bank, European Sperm Bank, My Eggbank, Dunya IVF: Cyprus Fertility Clinic, CCRM Fertility, California Cryobank, The World Egg Bank, Cryos International, Boston IVF, Inc., Genetics and IVF Institutes.
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