Cryopreservation for In vitro Fertilization Market Outlook - 2027
Cryopreservation is referred to as the process of cooling and storing cells, tissues, or organs at very low temperature to maintain their viability. This cooling and storage technology helps store cells at the temperature below the freezing point. This increases the rates of the survivability of the cells up on thawing. The cryopreservation of embryo or the cryopreservation for in vitro fertilization refers to the process in which an embryo is preserved at sub-zero temperatures generally at the stage of embryogenesis corresponding to preimplantation that is the stage from fertilization to blastocyst stage. It helps the patients who fail to conceive by making them pregnant using these embryos without having to go through a full IVF cycle. Spare embryos can be used for the donation of the same to another female. Various developed and developing countries use this technique for their convenience. The outcomes of this techniques are being found positive with negligible rise in the birth defects or development abnormalities. It is used to increase the cumulative efficiency in an in vitro fertilization. This technology also allows preimplantation genetic testing for the genetic disorders that may be passed to the child.
COVID-19 Scenario Analysis:
COVID-19 has created an economic crisis along with healthcare crisis. COVID-19 pandemic has stretched healthcare system worldwide, developed countries are expected to cause economic recession. It has an adverse impact on the healthcare system, resulting in 50% to 70% drop in revenue from March. Many small hospitals, clinics, and nursing homes have been forced to shut their operations. As a result of social distancing and localized curfews have resulted in delayed elective surgical procedures. In addition, visa cancellations have led to a hiatus in medical tourism and can negatively impact the healthcare services cryopreservation for in vitro fertilization market growth.
Top impacting factors: market scenario analysis, trends, drivers, impact analysis
Increase in the substantial improvements of the pregnancy success rates by the help of long-term storage of reproductive materials is supposed to drive the growth of the cryopreservation for in vitro fertilization market. Increase in the adoption of assisted reproductive technology and development in the novel cryopreservation methods and favourable changes in the regulations toward single parent, same sex couples, and older couples are creating lucrative opportunities for the market growth. Moreover, decrease in the health risks from the repeated ovarian stimulation in IVF treatments is also supposed to fuel the growth of the market. The oocytes are more prone to the ice damage due to the microtubule structure. This increases the demand for the cryopreservation for in vitro fertilization technology for the future access, which eventually increases the growth of the cryopreservation for in vitro fertilization market.
However, the high costs of the treatments and stringent rules on the IVF treatments are posing the key restraints in the growth of the market. Moreover, the limitation in the technologies of the market can also restraint the growth of the cryopreservation for in vitro fertilization market.
New product launches to flourish the market:
In January 2017, Fertility centre of Excellence was opened in Bangkok by the Genea and Merck KGaA. This helped maximize the audience for the technology usage in the expanded area.
In December 2017, Merck KGaA received the 510(k) clearance for the benchtop embryo incubator from the U.S. FDA in the U.S.
Surge in the usage of the cryopreservation for IVF technique:
Increase in the number of centres and clinics for the treatment of the cryopreservation of IVF materials can help the audience to ease the access of the centres. Moreover, increase in the awareness about the technology in the population can also help surge the usage of the cryopreservation for IVF techniques.
Key benefits of the report:
- This study presents the analytical depiction of the global cryopreservation for in vitro fertilization industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global cryopreservation for in vitro fertilization market share.
- The current market is quantitatively analyzed to highlight the global cryopreservation for in vitro fertilization market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global cryopreservation for in vitro fertilization market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the cryopreservation for in vitro fertilization Market research report:
- Which are the leading market players active in the cryopreservation for in-vitro fertilization market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that would help in taking further strategic steps?
Cryopreservation for In vitro Fertilization Market Report Highlights
| Aspects | Details |
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 By Application |
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 By End users |
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 By Region |
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 Key Market Players | Cryotech, Fujifilm Irvine Scientific, Cook Medical LLC, Vitromed GmbH, Corning Incorporated, Brook Life Sciences, Thermo Fisher Scientific Inc, Cryo Solutions B.V., Cryogatt Systems Ltd., Coldstash Inc. |
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