Global In Vitro Fertilization Banking Services Market Report and Forecast 2024-2032

Global In Vitro Fertilization Banking Services Market Outlook

The global in vitro fertilization banking services market size was valued at USD 4.31 billion in 2023, driven by the increasing prevalence of infertility across the globe. The market size is anticipated to grow at a CAGR of 10.5% during the forecast period of 2024-2032 to achieve a value of USD 10.58 billion by 2032.

In Vitro Fertilization Banking Services: Introduction

The in vitro fertilization (IVF) is the most successful type of assisted reproductive technology. Intricate in vitro fertilization (IVF) is used to help with fertility, prevent genetic issues, and aid in child conception. It can be performed by using the couple's own sperm and eggs. A known or unknown donor's eggs, sperm, or embryos may also be used during IVF.

A gestational carrier, a woman who has had an embryo implanted in her uterus, is also occasionally used. In IVF, mature eggs are removed from ovaries and fertilized in a laboratory with sperm. The fertilized egg (or eggs) is/are then transported to the uterus. IVF cycles are completed in roughly three weeks.

Global In Vitro Fertilization Banking Services Market Analysis

Increasingly popularity of artificial intelligence in vitro fertilization IVF is a major trend driving the market growth. Several studies have discovered that artificial intelligence could indeed improve the outcomes of the IVF process and increase the success rates which will further propel the global in vitro fertilization banking services market growth. With artificial intelligence, large number of patterns and data about the substances and complications related to IVF processes can be analyzed with ease accommodated with the reliability, which is also a major trend contributing to the increasing traction of IVF banking services in the market. The data analyzed with the help of artificial intelligence can be further used as valuable tools to evaluate and predict pregnancy outcomes and filtration of the most viable embryos for transfer.

Artificial intelligence is helpful is multiple stages of the IVF process from fertilization to the blastocyst stage. It can be helpful in current forecasts by integrating with time-lapse imaging (TLI) technologies. Some studies have also found that artificial intelligence can effectively improve the success rate of in-vitro fertilization (IVF) as it can help healthcare professionals to pick the best embryos for transfer and reducing the risk of miscarriage, which further contributes to the rising demand for in vitro fertilization banking services.

Global In Vitro Fertilization Banking Services Market Segmentations

Market Breakup by Service Type

• Egg banking 

• Sperm banking 

• Others

Market Breakup by Donor Egg Cycle

• Fresh Donor Egg Cycle 

• Frozen Donor Egg Cycle

Market Breakup by Region

• North America 

• Europe 

• Asia Pacific 

• Latin America 

• Middle East and Africa

Global In Vitro Fertilization Banking Services Market Overview

The rising cases of infertility and changing lifestyles with such as unhealthy eating habits, along with poor work life balance leading to stressful lifestyles, leads to infertility. Consumption of tobacco and alcohol also boosts this demand as it leads to the poor sexual health in both men and women. Due to these conditions, the in vitro fertilization banking services have been gaining popularity among adults who want to conceive. This increasing popularity has been adding up to the global in vitro fertilization banking services market share. The IVF process is performed in a lab dish under the supervision of professional practitioners where eggs retrieved from ovaries are fertilized by sperm. The fertilized egg is then transferred to a uterus.

Significant awareness about the in vitro fertilization banking services is also a major factor contributing to the market growth. The increasing cases of infertility due to various factors, such as poor sexual health, unhealthy diet, consumption or substances as alcohol, some other explicit substances also impact sexual health of an individual. These factors significantly aid the growth of the global in vitro fertilization banking services market size. The rising number of IVF centres across the globe due to the rising success rates and easy availability of services are also providing a significant impetus to the growth of the market.

In Vitro Fertilization Banking Services Market: Competitor Landscape

The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:

• Seattle Sperm Bank  

• European Sperm Bank  

• My Eggbank  

• Dunya IVF: Cyprus Fertility Clinic  

• CCRM Fertility  

• California Cryobank  

• The World Egg Bank  

• Cryos International  

• Genetics and IVF Institutes  

• Boston IVF, Inc.

Key Highlights of the Report