(MENAFN - Market Press Release)
The growth of the market is attributed to increasing government focus to boost medical tourism to fertility treatment, upsurge in the R&D activities due to rising in cases of infertility among women owing to menstruation, polycystic ovary syndrome, obstetrical history, age, and smoking. Besides these, the introduction of new regulations to allow human embryos to be frozen in the countries such as the UAE is positively placing the demand for IVF tools and techniques. Moreover, the burgeoning adoption of IVF treatment by couples owing to its high success rate, fall in fertility rate among women and snowballing innovations and improvement in testing techniques are the factors strongly contributing to the growth of the IVF tools and technique market in the forecast period.
The Middle East & Africa IVF Tools & Techniques market is anticipated to attain a CAGR of 16% during 2021-26.
Get a sample copy of the market research: https://www.marknteladvisors.com/query/request-sample/middle-east-africa-ivf-tools-techniques-market.html
Key questions answered in the study
1.What are the current and future trends in Middle East & Africa IVF Tools & Techniques market?
2.How the market has been evolving in terms of end-user demand and application areas?
3.How the competition has been shaping across the countries followed by their comparative factorial indexing?
4.What are the key growth drivers and challenges for Middle East & Africa IVF Tools & Techniques market?
5.What are the customer orientation, purchase behavior, and expectations from the Middle East & Africa IVF Tools & Techniques market service provider across various countries?
COVID-19 Pandemic Impacted the Growth of IVF Tools & Techniques
According to the MarkNtel Advisors' research report, the CAGR of 'The Middle East & Africa IVF Tools & Techniques Market Analysis, 2021'. The COVID-19 pandemic impacted the growth of IVF Tools & Techniques in the Middle East region. The safety measures taken by the governments such as lockdown imposition and restriction on travel to prevent the spreading has resulted in delayed, cancellation and postponement of ongoing IVF treatment, medication and scans due to the temporary closure of fertility centers. The medical tourism of the countries also adversely affected by the pandemic due to closed border. However, the resumption in the activities of centers under the government's guidelines for fertility treatment is projected to fuel the growth of the market in the forthcoming timeline.
'Middle East & Africa IVF Tools & Techniques Market Analysis, 2021' provides comprehensive qualitative and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for IVF Tools & Techniques providers across the region. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on 16 parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.
Embryo Culture Media Acquired Substantial Market Share
The Middle East & Africa IVF Tools & Techniques market is bifurcated into Embryo Culture Media, Cryopreservation Media, Sperm Processing Media, Ovum Processing Media, based on Reagents and Media. Out of which Embryo Culture Media acquired a substantial market share in 2019. The embryo culture media promote human embryo development. The surging development in embryo culture medium resulting in a rise in the success rate of IVF treatment as it offers high-quality embryos for implantation, maintenance of pregnancy leading to develop into healthy offspring. Besides this, Sperm Processing Media is also growing at a considerable rate owing to the increase infertility rate among male. Hence, this is escalating the growth of the Middle East & Africa IVF Tools and Technique market in the forecast period as revealed by MarkNtel Advisors' research report 'Middle East & Africa IVF Tools & Techniques Market Analysis, 2021'.
According to MarkNtel Advisors, the major leading players in the Middle East & Africa IVF Tools & Techniques market are Coopersurgical, Inc., Vitrolife, Cook Medical, Inc. Irvine Scientific, Thermo Fisher Scientific, Inc., EMD Serono, Inc., Genea Limited, Esco Micro Pte. Limited, IVFtech Aps, The Bakers Company Inc., etc.
1.By Gender (Male, Female)
2.By Reagents and Media (Embryo Culture Media, Cryopreservation Media, Sperm Processing Media, Ovum Processing Media)
3.By Tools (Imaging Systems, Sperm Separation Systems, Ovum Aspirations Pumps, Incubators, Micromanipulator Systems, Cryosystems, Others (Gas Analyzers, Laser System))
4.By Technique (Intra-Cytoplasmic Sperm Injection (ICSI), Pre-Implantation Genetic Diagnosis (PGD), Frozen Embryo Transfer/Replacement (FET/FER))
5.By End-User (Fertility & Surgical Centres, Hospitals, Research Clinics)
6.By Country (UAE, Saudi Arabia, Oman, Kuwait, Nigeria, South Africa)
7.By Competitors (Coopersurgical, Inc., Vitrolife, Cook Medical, Inc. Irvine Scientific, Thermo Fisher Scientific, Inc., EMD Serono, Inc., Genea Limited, Esco Micro Pte. Limited, IVFtech Aps, The Bakers Company Inc.)
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