Press Release Description

Middle East & Africa IVF Tools & Techniques market is expected to grow at a CAGR of 16% during 2021-26

The increasing government inclination to boost medical tourism, surging advancements in treatment technology, and burgeoning demand for IVF treatment are some factors booming the market growth in the region. The Middle East & Africa IVF Tools & Techniques market is likely to attain a CAGR of 16% during 2021-26, owing to the factors such as a significant rise in the number of infertilities among men and women.

This infertility is mainly due to various lifestyle diseases, increasing adoption of IVF treatment to conceive a second child and growth in the gamete donations. Besides, the introduction of favorable law by the government for frozen embryos and the rising number of people traveling to UAE seeking fertility treatment for gender selection are crucial factors positively impacting the IVF tools & techniques market growth in the forecast period.

Key questions answered in the study

  1. What are the current and future trends in the Middle East & Africa IVF Tools & Techniques market?
  2. How has the market been evolving in terms of end-user demand and application areas?
  3. How has the competition been shaping across the countries, followed by their comparative factorial indexing?
  4. What are the key growth drivers and challenges for the Middle East & Africa IVF Tools & Techniques market?
  5. What are the customer orientation, purchase behavior, and expectations from the Middle East & Africa IVF Tools & Techniques market service provider across countries?

Middle East & Africa IVF Tools & Techniques Market Demand

The Demand for IVF Tools & Techniques is High for Skin Rejuvenation

According to the MarkNtel Advisors research report, the CAGR of “The Middle East & Africa IVF Tools & Techniques Market Analysis, 2021”, the market is segregated into Intra-Cytoplasmic Sperm Injection (ICSI), Pre-Implantation Genetic Diagnosis (PGD), Frozen Embryo Transfer/Replacement (FET/FER), based on Technique. The Frozen Embryo Transfer/Replacement (FET/FER) is likely to grow exponentially in the Middle East & Africa IVF Tools and Techniques market between 2021-26. It is due to the rising preferences of women to freeze their embryos as there is no greater risk of abnormalities with a higher chance of pregnancy. The demand for Frozen Embryo Transfer/Replacement (FET/FER) is likely to surge in UAE after introducing the law by the government, i.e., couples can freeze their embryos for at least five years.

“The Middle East & Africa IVF Tools & Techniques Market Analysis, 2021” provides comprehensive, qualitative, and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for IVF Tools & Techniques providers across the region. Moreover, the report also encompasses the strategic imperatives for competitors' success and strategic factorial indexing to measure competitors' capabilities on 16 parameters, which will help companies formulate 'Go to Market' strategies and identify the blue ocean for their offerings.

Saudi Arabia Acquired Considerable Market Share

Saudi Arabia acquired a considerable market share in the Middle East & Africa IVF Tools & Techniques market in 2019. The growth attributes to the significantly increasing popularity of infertility treatment, the surging number of people seeking IVF treatment, and affordable IVF treatment costs. Additionally, the surging number of fertility centers, rising medical advancements, and soaring infertility rates among men and women are factors providing several investment opportunities in long-term demographic changes. Hence, these pointers contribute to the lucrative growth of the Middle East & Africa IVF Tools and Technique market in the forecast period, reveals MarkNtel Advisors in their research report, "The Middle East & Africa IVF Tools & Techniques Market Analysis, 2021."

According to the MarkNtel Advisors, the major leading players in the Middle East & Africa IVF Tools & Techniques market are Coopersurgical, Inc., Vitrolife, Cook Medical, Inc. Irvine Scientific, Thermo Fisher Scientific, Inc., EMD Serono, Inc., Genea Limited, Esco Micro Pte. Limited, IVFtech Apps, The Bakers Company Inc., etc.