Market Overview:
The global IVF and ART incubators market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for assisted reproductive technologies (ART) and rising prevalence of infertility. In addition, the growing number of private clinics offering ART services is also contributing to the growth of this market. The global IVF and ART incubators market can be segmented on the basis of type into CO2 incubators and multi-gas incubators. The CO2 incubator segment is expected to account for a larger share in terms of revenue in 2018, owing to its ability to provide an optimal environment for culturing embryos. On the basis of application, this market can be divided into medical, laboratory, and others (including research institutes). The medical segment accounted for a major share in 2017 due to rising demand for fertility treatments across the globe. Geographically, this market can be segmented into North America, Latin America, Europe Asia Pacific ,and Middle East & Africa . In 2017 North America held a dominant position in terms with respect revenue generated followed by Europe .
Product Definition:
The definition of IVF and ART incubators is an enclosed space in which eggs or embryos are incubated artificially. The importance of IVF and ART Incubators is that they provide a controlled environment for the development of eggs or embryos, which increases the chances for successful pregnancies.
CO2 Incubators:
CO2 incubators are used in the process of In-vitro fertilization (IVF), Artificial Insemination (ART) and other related processes. The growth factor for this market is increasing demand for infertility treatment as a result of growing awareness about various fertility treatments available, rising government initiatives to support fertility treatments along with technological advancements in the field of CO2 incubators.
Multi-Gas Incubators:
Multi-gas incubators are equipment that allows the control of multiple gas mixtures in a single unit. It is used for maintaining temperature, humidity, and other conditions of cell culture incubation during the process of IVF (In Vitro fertilization) and ART (Artificial Insemination) Incubation.
Application Insights:
Medical application dominated the global market with a revenue share of over 60.0% in 2017. This is attributed to high usage rates of frozen embryo transfer procedures for medical applications such as Assisted Reproduction Technology (ART) and In Vitro Fertilization (IVF). Over the past few years, there has been an increase in number of ART procedures being performed for treating various male infertility conditions. Thus, demand for fresh and frozen embryos from these patients is expected to drive segment growth during the forecast period.
The others segment includes adoption agencies, social services and support groups that assist people who have undergone IVF treatment or are planning to undergo it. The support group category comprises websites/blogs dedicated to informing people about all aspects related to infertility along with online communities where individuals can seek advice from other users regarding their experiences with different clinics around the world that perform assisted reproductive technology procedures such as IVF and intracytoplasmic sperm injection (ICSI).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period due to increasing infertility-related issues and rising adoption of IVF procedures. Moreover, presence of well-established healthcare facilities and favorable reimbursement policies are also contributing towards regional growth.
Asia Pacific is anticipated to witness lucrative growth over the coming years owing to factors such as improving healthcare infrastructure, rise in disposable income, increase in awareness about available treatments, and government initiatives for promoting family planning services among people. In addition, a large number of IVF clinics are present across countries such as India & China which further boosts revenue generation opportunities for industry players operating within this region.
Growth Factors:
- Increasing demand for fertility treatments and growing awareness about assisted reproductive technologies (ART) and in vitro fertilization (IVF) procedures among couples are the key growth drivers for IVF and ART incubators market.
- Rising incidence of infertility, technological advancements in ART procedures, increasing number of sperm donors, and growing trend of single women opting for fertility treatments are also fuelling the demand for IVF and ART incubators market.
- Growing number of private clinics offering fertility treatments is another major factor propelling the growth of IVF and ART incubators market across the globe.
- Government initiatives to support infertile couples seeking treatment through assisted reproductive technologies is also aiding in the expansion of IVF and ART incubators market globally. For instance, in March 2017, The Spanish government announced a new plan that provides free access to fertility treatment including In Vitro Fertilization (IVF) cycles for all citizens covered by public health insurance schemes in Spain from 2018 onwards . This is expected to boost adoption rateof IVFandARTincubatorsthroughoutthecountryin thenear future .
Scope Of The Report
Report Attributes
Report Details
Report Title
IVF and ART Incubators Market Research Report
By Type
CO2 Incubators, Multi-Gas Incubators
By Application
Medical, Laboratory, Others
By Companies
PHCbi, Planer, ESCO, Astec Bio, Genea Biomedx, Surplus Golden
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global IVF and ART Incubators Market Report Segments:
The global IVF and ART Incubators market is segmented on the basis of:
Types
CO2 Incubators, Multi-Gas Incubators
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medical, Laboratory, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- PHCbi
- Planer
- ESCO
- Astec Bio
- Genea Biomedx
- Surplus Golden
Highlights of The IVF and ART Incubators Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- CO2 Incubators
- Multi-Gas Incubators
- By Application:
- Medical
- Laboratory
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the IVF and ART Incubators Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
IVF and ART Incubators are facilities that provide fertility treatments such as in vitro fertilization (IVF) and artificial reproductive technologies (ART). IVF is a process by which eggs are collected from a woman's ovaries, fertilized with sperm outside the body, and then implanted into the uterus. ART involves using technology to create embryos outside of the womb.
Some of the major players in the ivf and art incubators market are PHCbi, Planer, ESCO, Astec Bio, Genea Biomedx, Surplus Golden.
The ivf and art incubators market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 IVF and ART Incubators Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 IVF and ART Incubators Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 IVF and ART Incubators Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the IVF and ART Incubators Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global IVF and ART Incubators Market Size & Forecast, 2018-2028
4.5.1 IVF and ART Incubators Market Size and Y-o-Y Growth
4.5.2 IVF and ART Incubators Market Absolute $ Opportunity
Chapter 5 Global IVF and ART Incubators Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 IVF and ART Incubators Market Size Forecast by Type
5.2.1 CO2 Incubators
5.2.2 Multi-Gas Incubators
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global IVF and ART Incubators Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 IVF and ART Incubators Market Size Forecast by Applications
6.2.1 Medical
6.2.2 Laboratory
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global IVF and ART Incubators Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 IVF and ART Incubators Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America IVF and ART Incubators Analysis and Forecast
9.1 Introduction
9.2 North America IVF and ART Incubators Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America IVF and ART Incubators Market Size Forecast by Type
9.6.1 CO2 Incubators
9.6.2 Multi-Gas Incubators
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America IVF and ART Incubators Market Size Forecast by Applications
9.10.1 Medical
9.10.2 Laboratory
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe IVF and ART Incubators Analysis and Forecast
10.1 Introduction
10.2 Europe IVF and ART Incubators Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe IVF and ART Incubators Market Size Forecast by Type
10.6.1 CO2 Incubators
10.6.2 Multi-Gas Incubators
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe IVF and ART Incubators Market Size Forecast by Applications
10.10.1 Medical
10.10.2 Laboratory
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific IVF and ART Incubators Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific IVF and ART Incubators Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific IVF and ART Incubators Market Size Forecast by Type
11.6.1 CO2 Incubators
11.6.2 Multi-Gas Incubators
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific IVF and ART Incubators Market Size Forecast by Applications
11.10.1 Medical
11.10.2 Laboratory
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America IVF and ART Incubators Analysis and Forecast
12.1 Introduction
12.2 Latin America IVF and ART Incubators Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America IVF and ART Incubators Market Size Forecast by Type
12.6.1 CO2 Incubators
12.6.2 Multi-Gas Incubators
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America IVF and ART Incubators Market Size Forecast by Applications
12.10.1 Medical
12.10.2 Laboratory
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) IVF and ART Incubators Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) IVF and ART Incubators Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) IVF and ART Incubators Market Size Forecast by Type
13.6.1 CO2 Incubators
13.6.2 Multi-Gas Incubators
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) IVF and ART Incubators Market Size Forecast by Applications
13.10.1 Medical
13.10.2 Laboratory
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 IVF and ART Incubators Market: Competitive Dashboard
14.2 Global IVF and ART Incubators Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PHCbi
14.3.2 Planer
14.3.3 ESCO
14.3.4 Astec Bio
14.3.5 Genea Biomedx
14.3.6 Surplus Golden
