Analyzing the Future of Egg Freezing And Embryo Banking Market Dynamics 2025-2034: Growth Rate, Trends, and Major Opportunities
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What key factors are powering the surge in the egg freezing and embryo banking market right now?
The egg freezing and embryo banking market has experienced rapid growth in recent years. It will grow from $3.91 billion in 2024 to $4.46 billion in 2025, at a CAGR of 14.2%. Contributing factors include the rise in fertility challenges, increased insurance coverage, higher demand for donor eggs, and the growing popularity of social egg-freezing parties.
How fast Is the egg freezing and embryo banking market expected to grow, and what’s its future value?
The egg freezing and embryo banking market is expected to see rapid growth, reaching $7.51 billion by 2029 with a CAGR of 13.9%. This growth is driven by the rise of social freezing, increased research and development, preimplantation genetic testing, educational initiatives, and the growing number of women seeking IVF services. Trends include product innovations, partnerships, and ongoing research and development.
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What are the leading drivers of growth in the egg freezing and embryo banking market?
The rise of social freezing is expected to propel the growth of the egg-freezing and embryo banking markets. Social freezing involves women freezing their eggs for non-medical reasons, often due to career or personal choices. Egg-freezing and embryo banking provide options for preserving fertility for later use, contributing to the growth of these markets. For instance, in March 2022, the National Library of Medicine reported that 167 women had 184 social egg freezing cycles, with an average of 9.5 eggs frozen per retrieval. This rise in social freezing is driving the growth of the egg-freezing and embryo banking markets.
What are the key segments defining the egg freezing and embryo banking market?
The egg freezing and embryo banking market covered in this report is segmented –
1) By Type: Donor, Non-donor
2) By Preservation: Egg Freezing, Embryo Freezing
3) By Application: Under 30 Year Old Female, Above 30 Year Old Female
4) By End Users: Fertility Centers, Hospitals, Cryo Banks, Other End Users
Subsegments:
1) By Donor: Egg Donation, Embryo Donation
2) By Non-donor: Egg Freezing, Embryo Freezing
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Who are the key players steering the development of the egg freezing and embryo banking market?
Major companies operating in the egg freezing and embryo banking market are Mayo Clinic, Cleveland Clinic Fertility Center, The Cooper Companies Inc., Reproductive Medicine Associates Network LLC, Shady Grove Fertility, Virtus Health Limited, Monash IVF Group Limited, Kindbody Inc., Carrot Fertility Inc., CREATE Fertility Limited, New England Cryogenic Center Inc., CCRM Management Company LLC, Reproductive Biology Associates LLC, Genea Limited, WINFertility Inc., California Cryobank Inc., Fairfax Cryobank Inc., Institut Marquès, Extend Fertility Medical Practice PLLC, The London Women’s Clinic Limited, Kitazato Corporation, ReproTech LLC, IVF Australia, CHA Medical Group Inc., West Coast Fertility Centers Inc.
What emerging trends are influencing the growth of the egg freezing and embryo banking market?
Companies in the egg-freezing and embryo banking markets are developing fertility preservation banks to offer comprehensive solutions for egg and embryo storage. Pinnacle Fertility, a US-based company, launched Pinnacle Egg Bank in March 2023 to expand access to high-quality frozen donor eggs. This service offers a seamless process for egg donation, cryopreservation, and higher success rates compared to using fresh eggs.
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Which regions are most influential in expanding the egg freezing and embryo banking market?
Europe was the largest region in the egg freezing and embryo banking market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the egg freezing and embryo banking market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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