In Vitro Fertilization Banking Services Market Size & Share, by Service Type (Egg Banking, Sperm Banking); Donor Egg Cycle (Fresh, Frozen Donor Egg Cycle) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2033

  • Report ID: 4443
  • Published Date: Feb 13, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2023-2033

In-Vitro Fertilization Banking Services Market size is poised to surpass USD 10242.7 million by the end of 2033, growing at a CAGR of 10% during the forecast period, i.e., 2023-2033. In the year 2022, the industry size of in-vitro fertilization banking services was over USD 3590 million. The growth of the market can be attributed primarily to the growing number of women who are experiencing difficulties getting pregnant naturally, owing to health issues or illnesses. According to the Centers for Disease Control and Prevention, in the United States, approximately one in five (15%) women aged 15 to 49 without prior children are unable to conceive after one year of trying. In addition, 26% of these women experience difficulty conceiving a pregnancy.

The process of in vitro fertilization banking involves preserving embryos that can later be frozen and placed in a woman's uterus. Having a child after undergoing radiation treatment, chemotherapy, or any kind of surgery that may result in infertility may be useful for cancer patients, Furthermore, the increasing rate of male infertility, developments in alternatives to IVF, medical tourism for fertility, lifestyle changes, and food habits are factors anticipated to drive global in vitro fertilization banking services market growth during the forecast period.


In-Vitro Fertilization Banking Services Market
Get more information on this report: Request Free Sample PDF

In-Vitro Fertilization Banking Services Sector: Growth Drivers and Challenges

Growth Drivers

  • Rising Cases of Breast Cancer Worldwide- Cancer treatments can have a major impact on the process of conceiving and make it more difficult. A woman's eggs can be affected by most chemotherapy drugs. Women have chosen egg banking as a means of preserving their fertility. This factor is expected to drive global in vitro fertilization banking services market growth during the forecast period. As per the data from the American Cancer Society, in the United States, breast cancer is the most common type of cancer among women besides skin cancers. Each year, about 30% of new female cancers are caused by this disease.
  • Growing Prevalence of Lifestyle Disorders - In a study, it was found that the prevalence of overall lifestyle diseases was ~53%. There were 24% cases of gastrointestinal complications, followed by 23%, hypertension 19%, and diabetes at 18%.
  • Improving Success Rate of IVF- For instance, the success rate of IVF has improved significantly over the last decade. The live birth rate per IVF cycle initiated with a woman's own eggs has increased by 17%.
  • Increase in Personal Disposable Income- A Bureau of Economic Analysis report indicates that personal income increased by USD 47.0 billion (0.2%), while disposable personal income rose by USD 37.6 billion (0.2%).
  • Rising Awareness Programs and Campaigns- To help raise awareness about empowerment and changing the conversation around infertility, RESOLVE: The National Infertility Association launched the #WearOrange Campaign. 

 Challenges

  • High Price Associated with IVF Procedure – IVF in the U.S. generally demands USD 10,000 for each session. Such a high cost makes In-Vitro Fertilization Banking Services less accessible for people with middle income.
  • Complication Concern After Treatment
  • Time Consuming Process

In-Vitro Fertilization Banking Services Market: Key Insights

Base Year

2022

Forecast Year

2023-2033

CAGR

~10%

Base Year Market Size (2022)

~ USD 3,590 Million

Forecast Year Market Size (2033)

~ USD 10,242.7 Million

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of Middle East and Africa)
Get more information on this report: Request Free Sample PDF

In-Vitro Fertilization Banking Services Segmentation

Service Type (Egg Banking, Sperm Banking)

The global in vitro fertilization banking services market is segmented and analyzed for demand and supply by service type into egg banking, and sperm banking. Among these segments, the egg banking segment held the largest market share of 75% in the year 2022. When a woman opts for egg banking, her eggs are extracted from her ovaries, frozen, and stored until they can be used in in vitro fertilization (IVF) treatments in the future. The infertile population is highly reliant on this type of service as it allows them to choose the donor and control the process, making it a highly preferred option. According to the guidelines by the American Society for Reproductive Medicine, it was estimated that the survival rate of frozen oocytes after vitrification is 90%–97%, and the fertilization rate is 71%–79% for frozen eggs.

Our in-depth analysis of the global market includes the following segments:

     By Service Type

  • Egg Banking (75%)
  • Sperm Banking (25%)

     By Donor Egg Cycle

  • Fresh Donor Egg Cycle
  • Frozen Donor Egg Cycle

Want to customize this research report as per your requirements? Our research team will cover the information you require to help you take effective business decisions.

Customize this Report

In-Vitro Fertilization Banking Services Industry - Regional Synopsis

The Europe in vitro fertilization banking services market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2033, with a 50% market share. The increasing awareness increasing awareness about IVF and fertility rate in the region. For instance, German fertility rates in 2022 are 1.6 births per woman, an increase of 0.30 percent over 2021. Moreover, the adoption of innovative technologies and services for treatment, a government initiative to raise awareness about IVF banking, increasing R&D investments, and the development of innovative IVF banking services in the region is expected to augment market growth in Europe over the forecast period.

Research Nester
In-Vitro Fertilization Banking Services Market Size
Get more information on this report: Request Free Sample PDF

Companies Dominating the In-Vitro Fertilization Banking Services Landscape

top-features-companies
    • Boston IVF
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Apollo Specialty Hospitals Private Limited
    • Cryopoint
    • MyEggBank
    • European Sperm Bank ApS
    • The World Egg and Sperm Bank
    • CCRM Management Company, LLC
    • California Cryobank.
    • Dünya IVF: Cyprus Fertility Clinic
    • Vinsfertility Pvt. Ltd.

In the News

  • The Delaware Institute for Reproductive Medicine partnered with Boston IVF to provide fertility treatments of the highest quality through innovative treatments including in vitro fertilization (IVF). 

  • GI Partners, a private equity investment firm, has acquired California Cryobank from Longitude Capital and NovaQuest Capital, the world's leading donor sperm and donor egg banks.

Author Credits:  Radhika Gupta, Shivam Bhutani


  • Report ID: 4443
  • Published Date: Feb 13, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rising infertility rate, surging cases of cancer among women, along with increase in personal disposable income are the major factors driving the growth of the in vitro fertilization banking services market.

The market is anticipated to attain a CAGR of 10% over the forecast period, i.e., 2023-2033.

High cost associated with IVF treatment is expected to hinder market growth

The market in Europe is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

The major players in the market are Boston IVF, Apollo Specialty Hospitals Private Limited, Cryopoint, MyEggBank, European Sperm Bank ApS. The World Egg and Sperm Bank, CCRM Management Company, LLC, and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by service type, donor egg cycle and, by region.

The egg banking segment with 75% market share is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
In Vitro Fertilization Banking Services Market Report Scope
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying