Global Donor Egg In Vitro Fertilization (IVF) Services Market Report 2024 – Top Market Trends And Opportunities
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- Current Market Size: The donor egg in vitro fertilization (IVF) services market has grown rapidly, increasing from $2.66 billion in 2023 to $2.97 billion in 2024.
- CAGR: This growth represents a compound annual growth rate (CAGR) of 11.7%. Contributing factors include the proliferation of IVF clinics, high rates of obesity, increased alcohol consumption, a rise in cigarette smoking, and growing demand from women with endometriosis.
Future Market Projections
- Forecasted Growth: The market is expected to continue its rapid growth, reaching $4.66 billion by 2028.
- CAGR: The forecast period shows a slightly higher CAGR of 11.9%.
Key Drivers:
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- Increasing adoption of donor egg IVF among LGBTQ+ couples.
- A surge in gamete donations.
- Growing acceptance of non-traditional family structures.
- Evolving legal frameworks surrounding reproductive rights and third-party reproduction.
- Rising single parenthood.
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Emerging Trends in the Market
- Cryopreservation Advancements: Progress in cryopreservation techniques is enhancing the viability and success of donor egg IVF.
- Genetic Screening: Advancements in genetic screening allow for better embryo selection and higher success rates.
- Surrogacy Legalization: The increasing legalization of surrogacy in various regions is expected to boost demand for donor egg IVF.
- Egg Freezing: Improved egg freezing technologies are making it easier for women to preserve fertility.
- Embryo Screening: Advancements in embryo screening techniques contribute to better outcomes in IVF procedures.
Rising Infertility Rates Drive Market Growth
- Increasing Infertility Rates: The rising prevalence of infertility is a significant driver of the donor egg IVF market. Infertility, defined as the inability to conceive after a year of regular, unprotected intercourse, is becoming more common due to factors like sexually transmitted infections and inadequate access to modern medical care.
- Impact on Market: Donor egg IVF is increasingly used to help infertile women conceive. For instance, according to a 2022 report by the World Health Organization, 1 in 6 people globally has experienced infertility at least once, with a global prevalence of 17.5%.
Major Players in the Donor Egg IVF Services Market
- Key Companies: Some leading companies in the market include Raffles Medical Group, United Family Healthcare, Thomson Medical Group, Virtus Health, Genetics & IVF Institute, Fertility Associates, SAFE Fertility Center, TMC Fertility, TRIO Fertility, and Sims IVF.
- Innovation Focus: These companies are focusing on advancements like AI-powered IVF solutions to improve success rates and patient outcomes.
AI Innovations in Donor Egg IVF Services
- AI-Powered IVF Solutions: Major companies are integrating artificial intelligence (AI) into IVF treatments to enhance decision-making, streamline operations, and improve communication between clinics and patients.
- Example: In September 2023, AIVF, an Israel-based company, launched EMA, an AI-powered IVF operating system. EMA improves workflow efficiency and embryo evaluation accuracy in IVF labs, surpassing traditional embryologist methods by 38%.
Strategic Acquisitions in the Market
- Ivy Fertility’s Acquisition of Dallas IVF: In April 2024, Ivy Fertility, a US-based infertility center, acquired Dallas IVF. This acquisition aims to expand Ivy’s network of fertility centers across the United States, enhancing its reproductive healthcare services.
Market Segmentation and Regional Insights
- By Offering: The market is segmented into IVF drugs, IVF media and reagents, and IVF and intrauterine insemination (IUI) services.
- By Procedure: Segmentation by procedure includes fresh donor egg, frozen donor egg, and other procedures.
- By End User: End-users include clinical research institutes, surgical centers, hospitals, fertility clinics, and others.
- Regional Insights: North America was the largest market for donor egg IVF services in 2023, with robust growth expected in the coming years.
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