Ivf Devices And Consumables Market 2024-2028: Size and High cost of the procedure; growth driven by the Product, Some of key Companies Positioned Strategically

The ivf devices and consumables market size by Product (Culture media and reagents, Accessories and disposables, and Instruments) and Geography (North America, Europe, Asia, and Rest of World (ROW)), is forecast to increase by USD 1014.8 million. The market is expected to grow at a CAGR of   4.5% between 2024 and 2028.

• The In Vitro Fertilization (IVF) process, known for its high success rates, is a complex and costly medical procedure. The total cost encompasses essential components such as ultrasounds, blood tests, counseling, local anesthesia, and cycle management planning. The procedure entails several labor-intensive steps, including sperm and egg collection, stimulation, fertilization, incubation, embryo freezing, and transfer. Each step necessitates meticulous monitoring, adding to the overall cost. In the US, the average expense for a single IVF cycle surpasses USD20,000, with most patients undergoing two cycles, resulting in an overall investment between USD40,000 and USD60,000.
• The IVF devices and consumables market encompasses the sales of advanced technologies and essential supplies used in In Vitro Fertilization (IVF) treatments. These include IVF workstations, culture media, embryo transfer catheters, and other related accessories. The market's growth is driven by increasing infertility rates, technological advancements, and rising demand for assisted reproductive technologies. Companies like Thermo Fisher Scientific, Merck KGaA, and Cook Medical dominate this sector.

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Some of the Key Companies:

• BIOPSYBELL Srl
• CCD Laboratory
• Cook Group Inc.
• Esco Medical
• FUJIFILM Irvine Scientific Inc.
• Genea Biomedx
• Hamilton Thorne Ltd
• Intermedics Ltd.
• INVO Bioscience Inc.
• IVFtech ApS
• KITAZATO Corp.
• LabIVF Asia Pte Ltd.
• Merck KGaA
• Progyny Inc
• Rocket Medical Plc
• SAR Healthline Pvt Ltd.
• Shivani Scientific Industries Pvt. Ltd.
• The Cooper Companies Inc.
• Thermo Fisher Scientific Inc.
• Vitrolife AB

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