In vitro Fertilization Monitoring System Market Report- Drivers and Restraints, Growth Opportunity Assessment and Forecast to 2028

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Advancements Influencing the Development of In Vitro Fertilization Monitoring System Market

In vitro fertilization is the fusion of eggs and sperms fertilized in culture mediums or test tubes resulting in formation of embryos, which are later implanted in the uterus. With the IVF monitoring system, it can be determined if the embryos will reach the blastocyst (16 celled) stage or not. Also, embryologists can analyze and review the number of cells, their growth and shape, level of fragmentation and thickness of the outer shell and later decide if it is suitable for the transfer. IVF monitoring systems lower the possibilities of miscarriages. The monitoring system is designed to identify the potential embryos for treatment, while earlier the embryos were cultured in petri-dishes and were kept in the incubators within optimal conditions such as CO₂, temperature and humidity, etc.  Also the embryos were examined by removing them from incubators which hampered their development.

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Factors Driving the In Vitro Fertilization Monitoring System Market

The in-vitro fertilization monitoring market is expected to rise globally as the technique offers improved implantation rates, environmental settings with adjustable CO2 & O2 levels and controlled temperatures with multiple image acquisitions. The increasing rates of pregnancy loss and miscarriages are also driving the growth of the market.  For instance, the launch of in vitro fertilization monitoring system from Vitrolife AB in 2012 has created more opportunities in the market. According to United Nations World Fertility Patterns 2015 nearly 50 per cent of the world’s population lives in countries with low levels of fertility. With in-vitro fertilization monitoring systems there would be a continuous monitoring of embryos and hence a higher success rate which would bring smiles on the faces of infertile couples. The system gives a detailed developmental information of the embryo, but does not guarantee a successful implant or pregnancy.

Competition Outlook

North America is expected to dominate the in vitro fertilization monitoring market globally, followed by Europe, owing to the high prevalence of infertility. The market in Asia Pacific region is expected to grow at a higher rate due to the evolution of higher infertility rates, and poor lifestyle conditions. However, the market for in vitro fertilization monitoring systems in regions such as Latin America, and Middle East & Africa is estimated to show a constant growth due to the less technological advancements.

Competition Outlook

Examples of some of the key participants in the global in vitro fertilization monitoring system are Esco Micro Pte. Ltd. , Vitrolife, Parallabs Ltd. Thermofisher Scientific Inc, Genea Biomedx, Merck KGaA,, Ata International group Inc., Astec Co Ltd. , IVF Tech ApS and IKS International, among others. The companies are mainly focused on R&D to strengthen core competencies of their product portfolio.

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Small-Scale Manufacturers/Providers:-

• Parallabs Ltd
• Genea Biomedx
• IVF Tech ApS
• IKS International among others

Medium-Scale Manufacturers/Providers:-

• Astec Co Ltd
• Merck KGaA
• ATA INTERNATIONAL GROUP INC

Large-Scale Manufacturers/Providers:-

• Thermofisher Scientific Inc
• Esco Micro Pte. Ltd
• Vitrolife

Key Data Points Covered in Report

The report covers exhaustive analysis on:

• IVF Monitoring System Market by product type, end user and region
• Regional level market analysis of North America, Latin America, Europe, Asia Pacific, Middle East & Africa by product type, end use segments and country
• IVF Monitoring System Market Dynamics & Opportunity Assessment
• Historical Actual Market Size, 2013 – 2017
• IVF Monitoring System Market Size & Forecast 2018 – 2028
• IVF Monitoring System Market Current Trends/Issues/Challenges
• Competition & Companies involved

Research Methodology

FMI utilizes a triangulation methodology that is primarily based on experimental techniques such as patient-level data, number of procedures and capital equipment install base to obtain precise market estimations and insights on various medical devices and medical technology. Bottom-up approach is always used to obtain insightful data for the specific country/regions. The country-specific data is again analyzed to derive data at a global level. This methodology ensures high quality and accuracy of information.

Secondary research is used at the initial phase to identify the feasibility of the target products/technology categories and its respective segments, product offerings, usage pattern as per disease indications, product installed base in target healthcare facilities, life span of a device, reimbursement scenario, adoption rate and future impact of new technologies.

Each piece of information is eventually analyzed during the entire research project, which builds a strong base for the primary research information.

Primary research participants include demand-side users such as key opinion leaders, physicians, surgeons, and supply-side providers of medical devices who provide valuable insights on trends, key treatment patterns, adoption rate, and purchasing pattern, technological development of medical devices, patient education, effectiveness of manufacturers and important strategies, pricing and competitive dynamics.

Quantitative and qualitative assessment of basic factors driving demand, economic factors/cycles and growth rates and strategies utilized by key players in the market is analyzed in detail while forecasting, in order to project Year-on-Year growth rates. These Y-o-Y growth projections are checked and aligned as per industry/product lifecycle and further utilized to develop market numbers at a holistic level.

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