In-vitro Fertilization Market Size

In-vitro Fertilization Market size is estimated at USD 21.6 billion in 2024 and is set to cross USD 42.9 billion by the end of 2037, growing at more than 5.9% CAGR during the forecast period i.e., between 2025-2037. In 2025, the industry size of in-vitro fertilization is assessed at USD 22.8 billion.

The in-vitro fertilization market has witnessed significant growth in recent years, driven by the increasing infertility rate, reproductive technologies advancement, and evolving social trends. Furthermore, rising awareness of fertility treatments and the growing availability of IVF services have further fueled the market.

Embryo selection techniques and effective lab equipment are some of the recent advancements in IVF technology enhancing the treatment success rate and, in turn becoming a more attractive option. Additionally, supportive government policies and insurance coverage in some regions are expanding access to these treatments. Prominent market players are also involving several R&Ds, new launches, and innovation activities. For instance, in June 2023, FUJIFILM Irvine Scientific, Inc. announced the addition of the Life Whisperer Genetics module to its Life Whisperer software package. The launch was aimed at enabling non-invasive evaluation of embryo genetic integrity during in vitro fertilization (IVF).