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The latest report by IMARC Group, titled “GCC In Vitro Fertilization (IVF) Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,“ offers a comprehensive analysis of the industry, which comprises insights into the GCC in vitro fertilization (IVF) industry report. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The GCC in vitro fertilization (IVF) market size is projected to exhibit a growth rate (CAGR) of 17.20% during 2024-2032.
GCC In Vitro Fertilization (IVF) Market Overview:
In Vitro Fertilization (IVF) is a medical procedure and a form of assisted reproductive technology (ART) that aids fertility and assists in the conception of children. The process involves extracting eggs from a woman's ovaries and fertilizing them outside the body, in a lab dish, with sperm. This fertilized egg, or embryo, is then implanted back into the woman's uterus, aiming for a successful pregnancy. The importance of IVF lies in its capacity to enable pregnancy in couples who might otherwise be unable to conceive. The benefits are significant, including a higher chance of conception for older couples, the ability to use donated eggs or sperm, and the option of screening embryos for genetic conditions before implantation.
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GCC In Vitro Fertilization (IVF) Market Trends:
The market in GCC is primarily driven by the increasing incidence of infertility related to lifestyle factors such as delayed childbearing among professional women, higher rates of metabolic syndromes, and stress. Additionally, continual technological advancements in IVF procedures, including preimplantation genetic diagnosis (PGD) and frozen embryo transfer (FET), is impelling market growth. Moreover, the rise in medical tourism in GCC countries, supported by government initiatives and world-class healthcare infrastructure, attracts a significant number of foreign nationals seeking cost-effective and advanced IVF treatments is propelling market growth.
Furthermore, the increasing number of clinics specializing in fertility treatments within the GCC is making it easier for patients to access specialized care without the need to travel abroad, which is further expanding the market. In line with this, as societal perceptions evolve, more couples are feeling comfortable seeking assistance for fertility issues, as this reduces the stigma associated with IVF and other ART treatments is encourages more couples to pursue these options, further driving market growth.
GCC In Vitro Fertilization (IVF) Market Segmentation:
Product Insights:
Reagent
Cryopreservation Media
Embryo Culture Media
Ovum Processing Media
Sperm Processing Media
Instrument
Imaging Systems
Incubators
Cryosystems
IVF Cabinet
Ovum Aspiration Pump
Sperm Separation Systems
Micromanipulator Systems
Others
Accessories
Procedure Type Insights:
Fresh Donor
Frozen Donor
Fresh Non-donor
Frozen Non-donor
Cycle Type Insights:
Conventional IVF
IVF with ICSI
IVF with Donor Eggs
End User Insights:
Fertility Clinics
Hospitals
Others
Country Insights:
Saudi Arabia
United Arab Emirates
Qatar
Kuwait
Oman
Bahrain
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key highlights of the Report:
Market Performance (2018-2023)
Market Outlook (2024-2032)
COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Strategic Recommendations
Historical, Current and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Structure of the Market
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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