Press Release Description

The Middle East & Africa In Vitro Fertilization (IVF) Tools & Techniques Market to Record a CAGR of 16% During 2024-30

The Middle East & Africa in Vitro Fertilization (IVF) Market size was valued at USD 81 million in 2023 and is estimated to grow at a CAGR of around 16% during the forecast period, i.e., 2024-30, cites MarkNtel Advisors in the recent research report. The market growth has been attributed to the rising infertility rates across the region due to sedentary lifestyles, lack of physical exercise, high-calorie diets, etc. Further, the gradual modifications in norms related to IVF treatment and surrogacy in the region are gradually boosting the market of In Vitro Fertilization (IVF) Tools & Techniques Market. Also, the increasing awareness and growing societal acceptance of assisted reproductive technology (ART) has further motivated couples facing difficulty undergoing conception to opt for IVF.

Further, in recent years Middle East has emerged as a regional hub for fertility tourism. Couples primarily from Africa, Europe, and the Americas are actively looking at the Middle Eastern region for IVF treatments. This transition in the perception of the region as the medical hub has been brought forward by investments in highly sophisticated public and private healthcare infrastructure and specialty clinics. Moreover, the higher success rates of IVF procedures of the specialty clinics in Dubai when compared to those in Europe is one of the key factors responsible for the gradual growth in the country’s market.

Along with this, various technological advancements such as the integration of AI have been improving the precision and efficiency of IVF procedures and thereby its success rates, which, in turn, stimulate consumer interest in IVF and drive market growth. In the coming years as well, the factors highlighted above will continue to boost the market growth for In Vitro Fertilization (IVF) Tools & Techniques in the Middle East & Africa region, further states the research report, “The Middle East & Africa In Vitro Fertilization (IVF) Market Analysis, 2024.”

Middle East & Africa In Vitro Fertilization (IVF) Tools & Techniques Market

The Middle East & Africa In Vitro Fertilization (IVF) Market Segmentation Analysis

Female Segment Dominated the Middle East & Africa In Vitro Fertilization (IVF) Tools & Techniques Market

Based on Gender, the market is further bifurcated into Male, Female, and Both. Out of them all, the female category held the largest market share in 2023. This has been ascribed to the rise in the number of females experiencing infertility due to advancing age, hormonal imbalances, weight, exposure to chemicals or radiation, stress, smoking habits, etc. Also, participation in the labor force has induced females to postpone and space births.

The market growth further owes to the fact that in the Middle Eastern and African countries married women without children are treated unequally by society and face various forms of injustice and humiliation. As IVF has the potential to help these women have children, the preference for the same has increased and has accelerated the segmental market growth and size.

The UAE to Lead the Middle East & Africa In Vitro Fertilization (IVF) Tools & Techniques Market

Geographically, the UAE dominated the Middle East & Africa In Vitro Fertilization (IVF) Tools & Techniques Market. The market growth owes to the surge in cases of infertility among both men and women in the country. Further, the country gives significant cultural importance to families and children. As a result, there has been a high demand for reproductive assistance like IVF to help couples experience the joy of parenthood.

The surging number of fertility centers and hospitals with skilled professionals and advanced IVF equipment has also been positively impacting the growth of the UAE In Vitro Fertilization (IVF) Tools & Techniques. Another prominent factor accelerating the demand for IVF tools & techniques in the UAE is increased government initiatives to combat infertility issues in the country.

Competitive Landscape

With CooperSurgical, Inc., Vitrolife, Cook Medical, Inc., DxNow, Inc., Thermo Fisher Scientific, Inc., Esco Micro Pte. Ltd., Hamilton Thorne Inc. (IVFtech ApS), Olympus Corporation, Rocket Medical plc., Kitazato Corporation, and Others are looking forward to strengthening their market position.

Key Questions Answered in the Research Report

  1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
  2. What are the trends influencing the current scenario of the Middle East & Africa In Vitro Fertilization (IVF) Market?
  3. What key factors would propel and impede the industry across the region?
  4. How has the industry been evolving in terms of geography & product adoption?
  5. How has the competition been shaping across the region?
  6. How has the buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2019-30F?
  7. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?

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