Global Market Size, Forecast, and Trend Highlights Over 2025-2037
In Vitro Fertilization Banking Services Market size was valued at USD 4.33 billion in 2024 and is likely to cross USD 14.77 billion by 2037, expanding at more than 9.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of in vitro fertilization banking services is estimated at USD 5.04 billion.
The growth of the market can be attributed primarily to the growing number of women who are experiencing difficulties getting pregnant naturally, owing to health issues or illnesses. According to the Centers for Disease Control and Prevention, in the United States, approximately one in five (15%) women aged 15 to 49 without prior children are unable to conceive after one year of trying. In addition, 26% of these women experience difficulty conceiving a pregnancy.
The process of in vitro fertilization banking involves preserving embryos that can later be frozen and placed in a woman's uterus. Having a child after undergoing radiation treatment, chemotherapy, or any kind of surgery that may result in infertility may be useful for cancer patients, Furthermore, the increasing rate of male infertility, developments in alternatives to IVF, medical tourism for fertility, lifestyle changes, and food habits are factors anticipated to drive global in vitro fertilization banking services market growth during the forecast period.
In-Vitro Fertilization Banking Services Sector: Growth Drivers and Challenges
Growth Drivers
- Rising Cases of Breast Cancer Worldwide- Cancer treatments can have a major impact on the process of conceiving and make it more difficult. A woman's eggs can be affected by most chemotherapy drugs. Women have chosen egg banking as a means of preserving their fertility. This factor is expected to drive global in vitro fertilization banking services market growth during the forecast period. As per the data from the American Cancer Society, in the United States, breast cancer is the most common type of cancer among women besides skin cancers. Each year, about 30% of new female cancers are caused by this disease.
- Growing Prevalence of Lifestyle Disorders - In a study, it was found that the prevalence of overall lifestyle diseases was 53%. There were 24% cases of gastrointestinal complications, followed by 23%, hypertension 19%, and diabetes at 18%.
- Improving Success Rate of IVF- For instance, the success rate of IVF has improved significantly over the last decade. The live birth rate per IVF cycle initiated with a woman's own eggs has increased by 17%.
- Increase in Personal Disposable Income- A Bureau of Economic Analysis report indicates that personal income increased by USD 47.0 billion (0.2%), while disposable personal income rose by USD 37.6 billion (0.2%).
- Rising Awareness Programs and Campaigns- To help raise awareness about empowerment and changing the conversation around infertility, RESOLVE: The National Infertility Association launched the #WearOrange Campaign.
Challenges
- High Price Associated with IVF Procedure – IVF in the U.S. generally demands USD 10,000 for each session. Such a high cost makes In-Vitro Fertilization Banking Services less accessible for people with middle income.
- Complication Concern After Treatment
- Time Consuming Process
In-Vitro Fertilization Banking Services Market: Key Insights
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
9.9% |
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Base Year Market Size (2024) |
USD 4.33 billion |
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Forecast Year Market Size (2037) |
USD 14.77 billion |
|
Regional Scope |
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In-Vitro Fertilization Banking Services Segmentation
Service Type (Egg Banking, Sperm Banking)
The global in vitro fertilization banking services market is segmented and analyzed for demand and supply by service type into egg banking, and sperm banking. Among these segments, the egg banking segment held the largest market share of 75% in the year 2022. When a woman opts for egg banking, her eggs are extracted from her ovaries, frozen, and stored until they can be used in in vitro fertilization (IVF) treatments in the future. The infertile population is highly reliant on this type of service as it allows them to choose the donor and control the process, making it a highly preferred option. According to the guidelines by the American Society for Reproductive Medicine, it was estimated that the survival rate of frozen oocytes after vitrification is 90%–97%, and the fertilization rate is 71%–79% for frozen eggs.
Our in-depth analysis of the global market includes the following segments:
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By Service Type |
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By Donor Egg Cycle |
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Customize this ReportIn-Vitro Fertilization Banking Services Industry - Regional Synopsis
Europe industry is anticipated to dominate majority revenue share of 50% by 2037, with a 50% market share. The increasing awareness increasing awareness about IVF and fertility rate in the region. For instance, German fertility rates in 2022 are 1.6 births per woman, an increase of 0.30 percent over 2021. Moreover, the adoption of innovative technologies and services for treatment, a government initiative to raise awareness about IVF banking, increasing R&D investments, and the development of innovative IVF banking services in the region is expected to augment market growth in Europe over the forecast period.
Companies Dominating the In-Vitro Fertilization Banking Services Landscape
- Boston IVF
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Apollo Specialty Hospitals Private Limited
- Cryopoint
- MyEggBank
- European Sperm Bank ApS
- The World Egg and Sperm Bank
- CCRM Management Company, LLC
- California Cryobank.
- Dünya IVF: Cyprus Fertility Clinic
- Vinsfertility Pvt. Ltd.
In the News
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The Delaware Institute for Reproductive Medicine partnered with Boston IVF to provide fertility treatments of the highest quality through innovative treatments including in vitro fertilization (IVF).
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GI Partners, a private equity investment firm, has acquired California Cryobank from Longitude Capital and NovaQuest Capital, the world's leading donor sperm and donor egg banks.
Author Credits: Radhika Pawar
- Report ID: 4443
- Published Date: Dec 20, 2024
- Report Format: PDF, PPT
