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In Vitro Fertilization Microscopes Market Size, Share | 2031

In-vitro Fertilization Microscopes Market

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Segments - by End Users (Clinical and Academic Research) and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Raksha Sharma

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Report Description

The In-vitro fertilization microscopes market was was valued at USD 94.61 million in 2022 and is projected to reach USD 195.69 million by 2031 at a CAGR of 8.41% during the forecast period 2023-2031. Growth of the market is attributed to increasing rate of success of in-vitro fertilization procedures and availability of financial help.

IVF microscopes are used for a variety of processes, including in-vitro fertilization, semen analysis, overall embryo analysis, and oocyte preparation. Furthermore, development of product is enhancing treatment efficiency and are predicted to lower procedure costs. High contrast microscopic examinations and advances in IVF microscope-related equipment are two of the most significant market advancements.

In May 2019, Hamilton Thorne Ltd. introduced the Dynamic Targeting System (DTS), it is compatible with the company's inverted microscopes, which are utilized for IVF. Microscopes and microscope-related technology for in-vitro fertilization have seen significant advancements in the market.

Sperm selection, embryo evaluation, and artificial intelligence are few of the applications that are being researched. Inside the incubation system, a microscope and camera are used to monitor embryos using time-lapse technology, which allows for noninvasive microscopic imaging of the embryo at predetermined time intervals.

In the midst of the World Health Organization's (WHO) COVID-19 pandemic, which was declared in March 2020, fertility societies around the world recommended that IVF treatment be discontinued, with the exception of essential medical fertility preservation. IVF center operations resumed with measures such as decontaminating & validating equipment, ensuring adequate staff, and completing risk assessments.

Market Trends, Drivers, Restraints, and Opportunities

Increasing awareness about the in-vitro fertilization act a major factor driving the market.
Rapid growth of the product in the medical industry is key factor boosting the during forecast period.
High cost of the microscopes possesses main challenge that can hinder the market growth during forecast period.
R&D investment and technological advancement is anticipated to create lucrative opportunities for the market players during the forecast period.

Scope of In-vitro Fertilization Microscopes Market Report

The report on the global in-vitro fertilization microscopes market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	In-vitro Fertilization Microscopes Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	End Users (Clinical and Academic Research)
Regional Scope	Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Linkam Scientific Instruments; Tritech Research, Inc.; Olympus Corporation; Sutter Instrument Company; Leica Microsystems; Hamilton Thorne Ltd.; Meiji Techno; Eppendorf AG; Zeiss; Narishige Group; Euromex Microscopen B.V.; Nikon Corporation; Labomed Europe B.V.

In-vitro Fertilization Microscopes Market Segment Insights

The clinical segment is projected to expand at a high CAGR during forecast period

Based on end users, the global in-vitro fertilization microscopes market is bifurcated into academic research and clinical. The clinical segment held 92.5% of the total market share in 2019 and is estimated to expand at a rapid pace during the forecast period.

Growing awareness of IVF therapy and private investors involvement in fertility clinics are two major factors driving the segment. IVF clinics offer a variety of services, such as identifying healthy oocytes, analyzing sperm, performing ICSI, monitoring embryos, and freezing & storing embryos. IVF clinics are increasingly inventing goods for use in IVF clinics and gaining funding from private investors.

Mojo, a fertility tech business, secured funding of about USD 1.6 million in November 2019. The company is developing a solution that combines AI software and microscopy equipment to aid in sperm sampling by focusing on speed, sperm count, and morphology.

Europe dominated the global in-vitro fertilization microscopes market in 2019

In terms of regions, the global in-vitro fertilization microscopes market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Europe held 38.1% share of the global market share in 2020, owing to factors such as increasing product innovation, legal reforms, and fertility tourism.

Time-lapse technology with clinic-designed algorithms has seen widespread acceptance in the region. Advancements in microscopes provide all imaging requirements in a single embryo chamber, reducing the need for several workstations, are helping to lower the procedures space and cost.

The market in Asia Pacific is expected to grow at a rapid rate due to significant factors such as growing knowledge and availability of IVF services. The existence of a large population, as well as growing knowledge of IVF, are two major factors driving the clinics demand for microscopes.

Segments

The global in-vitro fertilization microscopes market has been segmented on the basis of

End Users

Clinical
Academic Research

Regions

Asia Pacific
North America
Latin America
Europe
Middle East & Africa

Key Players

Linkam Scientific Instruments
Tritech Research, Inc.
Olympus Corporation
Sutter Instrument Company
Leica Microsystems
Hamilton Thorne Ltd.
Meiji Techno
Eppendorf AG
Zeiss
Narishige Group
Euromex Microscopen B.V.
Nikon Corporation
Labomed Europe B.V.

Competitive Landscape

Key players competing in the global in-vitro fertilization microscopes market include Linkam Scientific Instruments; Tritech Research, Inc.; Olympus Corporation; Sutter Instrument Company; Leica Microsystems; Hamilton Thorne Ltd.; Meiji Techno; Eppendorf AG; Zeiss; Narishige Group; Euromex Microscopen B.V.; Nikon Corporation; Labomed Europe B.V.

Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and raise their production line of business in the coming years.

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. In-vitro Fertilization Microscopes Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. In-vitro Fertilization Microscopes Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. In-vitro Fertilization Microscopes Market - Supply Chain
  4.5. Global In-vitro Fertilization Microscopes Market Forecast
     4.5.1. In-vitro Fertilization Microscopes Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. In-vitro Fertilization Microscopes Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. In-vitro Fertilization Microscopes Market Absolute $ Opportunity
5. Global In-vitro Fertilization Microscopes Market Analysis and Forecast by End Users
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by End Users
     5.2.2. Y-o-Y Growth Projections by End Users
  5.3. In-vitro Fertilization Microscopes Market Size and Volume Forecast by End Users
     5.3.1. Clinical
     5.3.2. Academic Research
  5.4. Absolute $ Opportunity Assessment by End Users
  5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global In-vitro Fertilization Microscopes Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. In-vitro Fertilization Microscopes Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global In-vitro Fertilization Microscopes Demand Share Forecast, 2019-2026
7. North America In-vitro Fertilization Microscopes Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America In-vitro Fertilization Microscopes Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America In-vitro Fertilization Microscopes Market Size and Volume Forecast by End Users
     7.4.1. Clinical
     7.4.2. Academic Research
  7.5. Basis Point Share (BPS) Analysis by End Users
  7.6. Y-o-Y Growth Projections by End Users
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America In-vitro Fertilization Microscopes Demand Share Forecast, 2019-2026
8. Latin America In-vitro Fertilization Microscopes Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America In-vitro Fertilization Microscopes Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America In-vitro Fertilization Microscopes Market Size and Volume Forecast by End Users
     8.4.1. Clinical
     8.4.2. Academic Research
  8.5. Basis Point Share (BPS) Analysis by End Users
  8.6. Y-o-Y Growth Projections by End Users
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America In-vitro Fertilization Microscopes Demand Share Forecast, 2019-2026
9. Europe In-vitro Fertilization Microscopes Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe In-vitro Fertilization Microscopes Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe In-vitro Fertilization Microscopes Market Size and Volume Forecast by End Users
     9.4.1. Clinical
     9.4.2. Academic Research
  9.5. Basis Point Share (BPS) Analysis by End Users
  9.6. Y-o-Y Growth Projections by End Users
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe In-vitro Fertilization Microscopes Demand Share Forecast, 2019-2026
10. Asia Pacific In-vitro Fertilization Microscopes Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific In-vitro Fertilization Microscopes Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific In-vitro Fertilization Microscopes Market Size and Volume Forecast by End Users
     10.4.1. Clinical
     10.4.2. Academic Research
  10.5. Basis Point Share (BPS) Analysis by End Users
  10.6. Y-o-Y Growth Projections by End Users
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific In-vitro Fertilization Microscopes Demand Share Forecast, 2019-2026
11. Middle East & Africa In-vitro Fertilization Microscopes Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa In-vitro Fertilization Microscopes Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa In-vitro Fertilization Microscopes Market Size and Volume Forecast by End Users
     11.4.1. Clinical
     11.4.2. Academic Research
  11.5. Basis Point Share (BPS) Analysis by End Users
  11.6. Y-o-Y Growth Projections by End Users
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa In-vitro Fertilization Microscopes Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global In-vitro Fertilization Microscopes Market: Market Share Analysis
  12.2. In-vitro Fertilization Microscopes Distributors and Customers
  12.3. In-vitro Fertilization Microscopes Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Linkam Scientific Instruments
     12.4.2. Tritech Research, Inc.
     12.4.3. Olympus Corporation
     12.4.4. Sutter Instrument Company
     12.4.5. Leica Microsystems
     12.4.6. Hamilton Thorne Ltd.
     12.4.7. Meiji Techno

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