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In-vitro Fertilization Microscope Market Size

Report ID: GMI8485
Published Date: Mar 2024
Report Format: PDF

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In-vitro Fertilization Microscope Market Size

In-Vitro Fertilization Microscope Market size was valued at around USD 118 million in 2023 and is anticipated to register a CAGR of 8.5% between 2024 and 2032. In-vitro fertilization microscope, specialized in microscopy, is tailored for procedures concerning IVF. This advanced microscope facilitates the observation and manipulation of gametes and embryos outside the body within a controlled laboratory setting. It enables precise procedures such as the assessment of egg and sperm quality, sperm injection into eggs, embryo biopsy for genetic testing, and embryo transfer.

In-Vitro Fertilization Microscope Market

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The increasing adoption of IVF microscopes is driven by recent advancements in high-contrast imaging techniques and related equipment, improving precision and efficacy in IVF procedures. For instance, in 2019, data from the European Society of Human Reproduction and Embryology (ESHRE) showed a rise in both IVF procedure adoption and success rates, prompting initiatives aimed at fostering innovation in IVF microscopes. These efforts are crucial for sustaining advancements in microscopic examination quality for IVF applications.

In-vitro Fertilization Microscope Market Report Attributes
Report Attribute	Details
Base Year:	2023
In-vitro Fertilization Microscope Market Size in 2023:	USD 118 Million
Forecast Period:	2024 - 2032
Forecast Period 2024 - 2032 CAGR:	8.5%
2032 Value Projection:	USD 244.9 Million
Historical Data for:	2018 – 2023
No. of Pages:	110
Tables, Charts & Figures:	150
Segments covered:	Product Type, End-use, and Region
Growth Drivers:	Increased adoption due to improving success rate Rising technological advancements Rising government policies
Pitfalls & Challenges:	Restraining IVF guidelines Commoditization and industrialization

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Furthermore, rising technological advancements, rising government policies, among other contributing factors are expected to propel the growth of the market in the forthcoming years.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

In-vitro fertilization (IVF) microscope industry size was USD 118 million in 2023 and is poised to surpass USD 244.9 million by 2032 attributed to the increasing advancements in high-contrast imaging techniques and related equipment for improving precision and efficacy in the procedures.

The embryo microscopes segment is projected to generate USD 93.9 million in revenue by 2032 owing to their increasing demand as embryo microscopes provide embryologists with clear and detailed visualization of embryos at various stages of development.

North America in-vitro fertilization microscope market size was 47.8 million in 2023 and is set to expand at a notable CAGR from 2024-2032 attributed to the presence of prominent companies and research institutions leading the forefront of technological innovation in IVF microscopy in the region.

Some of the top in-vitro fertilization microscope firms are Eppendorf AG, Euromex Microscopen BV, Hamilton Thorne Ltd., Labomed, Inc., Leic, Microsystems A/S (Danaher Corporation), Linkam Scientific Instruments Limited, Meiji Techno, NARISHIGE Group, Nikon Corporation, Olympus Corporation, and Sutter Instrument Company.