TechNavio recognizes the following companies as the key players in the Global In Vitro Fertilization Market: Cook Medical Inc., Cooper Surgical Inc., Irvine Scientific, and Vitrolife AB.
Commenting on the report, an analyst from TechNavio’s team said: “Advances in assisted reproduction by understanding the mechanisms involved in embryo development is vital for improving the likelihood of success. For example, researchers in the University of Gothenburg, Sweden, have identified a molecule, Cdk1, which plays an important role in egg maturation resulting in more pregnancies through the IVF method. In research undertaken at Oxford University in the UK, scientists have developed a method, which was tested in mice, for selecting the most suitable egg that could result in pregnancy, another way of minimizing the need to use many cycles of IVF. It is perceived that new technology development and treatment options could potentially increase the number of fertile eggs of women in older age-groups, which could benefit them by avoiding the cost associated with purchasing eggs and result in offspring with a very close genetic resemblance.”
According to the report, one of the major drivers in this market is the high prevalence of infertility rates in the human population across the globe. Various factors contributing to high infertility rates include unhealthy lifestyles, smoking, obesity, and environmental factors. It is estimated that one out of every 25 men show low sperm count every year.
Further, the report states that one of the major challenges in this market is the high cost associated with IVF procedures. The high cost is mainly due to the laborious process in the IVF procedure, which includes hormone injections, egg retrieval, in vitro fertilization, embryo selection, and embryo culture. Further, most of these IVF procedures involve multiple cycles, which adds to the total cost. The high costs reduce the possibilities for lower-income couples to adopt these treatments, particularly at a time of global recession.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-vitro-fertilization-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
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TechNavio Announces the Publication of its Research Report -Global In Vitro Fertilization Market 2012-2016
