Global In-vitro Fertilization Microscopes Market

In-vitro Fertilization Microscopes Market Size, Share, Growth Analysis, By Product Type(Inverted microscopes, stereo microscopes, fluorescence microscopes, confocal microscopes), By End-user(Fertility clinics, hospitals, research institutes), By Region - Industry Forecast 2024-2031


Report ID: SQMIG35A2620 | Region: Global | Published Date: March, 2024
Pages: 219 | Tables: 64 | Figures: 75

In-vitro Fertilization Microscopes Market News

  • In April 2023, the startup company that developed the robot, Overture Life, says its device is an initial step toward automating in vitro fertilization, or IVF, and potentially making the procedure less expensive and far more common than it is today.
  • In February 2023, the company Zeiss announced the launch of its new Axio Observer Z1 inverted microscope. This microscope also features a number of new features that are designed to improve the success rates of IVF treatments, including high-resolution imaging, time-lapse capabilities, and AI-powered image analysis.
  • In January 2023, the company Nikon announced the launch of its new Eclipse Ti-E inverted microscope. This microscope features a number of new features that are designed to improve the success rates of IVF treatments.
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In-Vitro Fertilization Microscopes Market size was valued at USD 111.78 million in 2022 and is poised to grow from USD 120.09 million in 2023 to USD 213.06 million by 2031, at a CAGR of 7.34% during the forecast period (2024-2031).

The competitive landscape in the in-vitro fertilization microscopes market is characterized by a mix of well-established companies and emerging players. Major market players are actively engaged in product development, collaborations, and strategic partnerships to maintain their market position and gain a competitive edge. These companies focus on continuous innovation to introduce advanced microscopy technologies that enhance the efficiency and accuracy of IVF procedures. They also emphasize expanding their distribution networks, strengthening their presence in key markets, and investing in marketing and promotional activities to increase product adoption. 'Leica Microsystems GmbH (Germany)', 'Nikon Corporation (Japan)', 'Olympus Corporation (Japan)', 'Carl Zeiss AG (Germany)', 'Thermo Fisher Scientific Inc. (US)', 'CooperSurgical, Inc. (US)', 'Research Instruments Ltd. (UK)', 'Vitrolife AB (Sweden)', 'Eppendorf AG (Germany)', 'Hamilton Thorne, Inc. (Canada)', 'RI.MOS. srl (Italy)', 'Kitazato Corporation (Japan)', 'Esco Micro Pte. Ltd. (Singapore)', 'Labotect GmbH (Germany)', 'Microptic SL (Spain)', 'Cook Medical LLC (US)', 'Xilloc Medical B.V. (Netherlands)', 'K-Systems Corp. (US)', 'IVFtech ApS (Denmark)', 'Genea Biomedx (Australia)'

The rising incidence of infertility, attributed to factors such as lifestyle changes, environmental factors, and delayed pregnancies, is driving the demand for assisted reproductive technologies like in-vitro fertilization. As more individuals and couples face difficulties in conceiving naturally, the need for advanced fertility treatments and technologies, including IVF microscopes, increases. This driver creates a favorable market environment for manufacturers and suppliers in the industry.

Focus on Time-Lapse Imaging Technology: Time-lapse imaging technology is gaining prominence in the field of in-vitro fertilization. This technique involves capturing continuous images of developing embryos at regular intervals, enabling detailed assessment of their morphological changes and developmental milestones. Time-lapse imaging provides valuable information about embryo quality and kinetics, aiding fertility specialists in making informed decisions regarding embryo selection and transfer. This trend is driven by the desire for non-invasive monitoring of embryo development and the potential to improve IVF success rates by selecting embryos with the highest developmental potential.

The largest market region in the in-vitro fertilization microscopes market is North America. North America dominates the market due to several factors. The region has a well-established healthcare infrastructure, advanced fertility clinics, and a high awareness level regarding fertility treatments. Additionally, the presence of major market players and ongoing technological advancements in microscopy contribute to the region's market dominance. The US, in particular, holds a significant share in the North American market, driven by factors such as a high prevalence of infertility, increasing healthcare expenditure, and favorable reimbursement policies for fertility treatments.

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Global In-vitro Fertilization Microscopes Market

Report ID: SQMIG35A2620

$5,300
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