RECENT DEVELOPMENTS:

February 2018: Unify, an In-vitro fertilization-focused machine learning company, has raised USD 6 million in Series funding to reduce the financial burden on those affected by infertility.
MARKET OVERVIEW:

The Middle East and Africa in-vitro fertilization (IVF) market are expected to reach USD 0.46 billion by 2023 from USD 0.22 billion in 2018, growing at a CAGR of 16.64% during the forecast period 2018-2023.

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DRIVERS AND RESTRAINTS:

The key factors contributing to market growth are listed as follows:

Increasing government initiatives for the development of healthcare infrastructure
Growing lifestyle & gynecological disorders in certain countries of the Middle East & Africa
Decreasing rates of pregnancies among women
The rising number of the population
The factors acting as hurdles for this market are:

Unawareness of advanced fertilization technologies
The requirement of high cost for the running of in-vitro fertilization procedures
Lack of technical experts
The scarcity of advanced in-vitro fertilization methods
REPORT SEGMENTED AS:

Based on Reagents and media:

Embryo culture media
Cryopreservation media
Sperm processing media
Ovum processing media
Based on Instruments:

Imaging systems
Sperm separation systems
Ovum aspiration pumps
Incubators
Micromanipulator systems
Cryosystems
Other instruments
Based on Technology:

Intra-cytoplasmic sperm injection
Pre-implantation genetic diagnosis
Frozen embryo transfer/replacement
Other technologies
GEOGRAPHICAL SEGMENTATION:

Geographically, the market is segmented into the Middle East and Africa.

KEY MARKET PLAYERS:

Cooper Surgical, Inc. (U.S.)
Vitrolife AB (Sweden), Cook Medical, Inc. (U.S.)
Irvine Scientific (U.S.)
Thermo Fisher Scientific, Inc. (U.S.)
EMD Serono, Inc. (U.S.)
Genea Limited (Australia)
ESCO Micro Pte. Limited (Singapore)
IVFtech ApS (Denmark)
The Baker Company, Inc. (U.S.)
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THE SCOPE OF THE REPORT:

The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed, and the prospects with huge growth potential identified and debated.

The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis of prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity.

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