UAE In-Vitro Fertilization (IVF) Market to grow with a CAGR of 9.24% through 2029
Increasing healthcare
infrastructure and a supportive regulatory environment are the major drivers
for the UAE In-Vitro Fertilization (IVF) Market.
According to TechSci Research
report, “UAE In-Vitro Fertilization (IVF) Market Industry Size, Share, Trends, Competition, Opportunity and
Forecast, 2019-2029F”. The UAE's In-Vitro Fertilization (IVF)
Market was valued at USD 243.56 million in 2023 and is expected to exhibit
significant growth with a projected CAGR of 9.24% until 2029. This growth is
attributed to collaborations and partnerships among leading companies, aiming
to merge expertise and strengthen market positions.
The demand for IVF is notably
fueled by medical tourism, where individuals seek treatment in countries
renowned for their expertise in specific medical procedures. Fertility clinics
in these destinations often boast specialized teams of reproductive
endocrinologists, embryologists, and support staff with extensive IVF
experience, attracting those seeking top-tier care. Cost disparities in
healthcare services, including IVF, between the patient's home country and the
destination often motivate medical tourism. Certain countries offer more
affordable fertility treatments, making them appealing to those facing
financial constraints.
Popular medical tourism
destinations invest in cutting-edge medical infrastructure and adopt the latest
advancements in IVF technology. This includes advanced techniques, equipment,
and facilities, providing patients access to state-of-the-art reproductive
technologies.
In some nations, fertility
clinics may offer shorter wait times for IVF procedures compared to those in
the patient's home country, appealing to individuals eager for prompt
treatment. Medical tourists often select destinations with high levels of
privacy and confidentiality in healthcare, allowing them to maintain discretion
about their fertility journey.
In November 2018, the 4th
Annual In-Vitro Fertilization (IVF) Conference commenced in Abu Dhabi,
inaugurated by HE Sheikh Nahayan Mabarak Al Nahayan, UAE Minister of Tolerance.
HE Dr. Amal Al Qubaisi, President of the Federal National Council in the UAE,
also attended the opening session. Organized by IVI Middle East Fertility
Clinic, the conference titled 'Latest Advancements in Enhancing Success Rates
in ART, Anno – 2018,' provided a platform for leading researchers to present
findings in reproductive medicine. Fertility experts from around the world
gathered in Abu Dhabi to explore new and groundbreaking solutions in Assisted
Reproductive Technologies (ART). Discussions covered various aspects of
reproductive health, with experts in fertility, gynecology, obstetrics,
genetics, and embryology present.
Browse over XX market data Figures and spread through XX Pages and an in-depth TOC on "UAE In-Vitro Fertilization (IVF) Market”
The
UAE has specific legal and ethical guidelines related to assisted reproductive
technologies, including the use of donor eggs, sperm, or embryos. These
guidelines may limit the availability of donors and the types of donations
allowed. Cultural and religious factors can impact the willingness of
individuals to become donors. Concerns about anonymity, family traditions, and
the potential social stigma associated with being a donor may deter individuals
from participating in donation programs. Lack of awareness and education about
the importance of gamete donation, as well as misconceptions or taboos
surrounding the topic, can contribute to a limited pool of potential donors.
Educational initiatives can play a crucial role in addressing these barriers. Donors
in the UAE may be concerned about the lack of anonymity in the donation
process. In some cases, individuals may be hesitant to donate due to fears of
being identified or facing social repercussions.
UAE In-Vitro
Fertilization (IVF) Market is segmented based on Technique, Reagent, Instrument, Infertility, Embryo, Application, End-User, and by
region.
Based on the Instruments,
UAE In-Vitro Fertilization (IVF) Market is segmented into Imaging Systems,
Incubators, Cryo-systems, Sperm Separation Systems, Ovum Aspiration Pumps,
Micromanipulator Systems, Others. Ovum Aspiration Pumps, also known as oocyte
retrieval pumps or follicular aspiration pumps, are specialized devices used in
the field of assisted reproductive technology (ART) during the process of
in-vitro fertilization (IVF). These pumps play a crucial role in the extraction
of mature eggs (oocytes) from a woman's ovaries during the egg retrieval or
ovum aspiration procedure. The primary purpose of ovum aspiration pumps is to
facilitate the safe and efficient removal of mature eggs from ovarian
follicles. These pumps are used during the egg retrieval phase of IVF, a
crucial step where mature eggs are collected for fertilization in a laboratory
setting.
Based on the Application, In 2023, the UAE
In-Vitro Fertilization (IVF) Market largest share was held by Fertility Clinics
segment and is predicted to continue expanding over the coming years. Fertility clinics are dedicated to
reproductive health and assisted reproductive technologies. They often house
specialized teams of fertility specialists, reproductive endocrinologists,
embryologists, and other professionals with expertise in infertility treatment.
Fertility clinics typically offer a wide range of services related to assisted
reproductive technologies, including in-vitro fertilization (IVF), intrauterine
insemination (IUI), egg freezing, and other fertility treatments. This
comprehensive approach attracts individuals seeking various solutions for
infertility. Fertility clinics often invest in the latest and most advanced
technologies in reproductive medicine. This includes state-of-the-art equipment
for IVF procedures, genetic testing, and other diagnostic and therapeutic
services. Many fertility clinics engage in ongoing research and innovation in
the field of reproductive medicine. This commitment to advancing scientific
knowledge and adopting new techniques can enhance the success rates of
fertility treatments, attracting more clients. Fertility clinics tend to
provide personalized and patient-centric care. Infertility can be a sensitive
and complex issue, and the tailored approach of fertility clinics, along with
emotional support, can be appealing to individuals and couples seeking
fertility treatments.
Some of the major companies
operating in the UAE In-Vitro Fertilization (IVF) Market include:
- Fakin IVF Fertility Center
- First IVF Fertility Center
- HelpPlus Fertility Centre
- The Dubai Center for Gynecology and Fertility
- New Hope IVF
- Select IVF
- Bourn Hall Fertility Clinic
- HealthPlus Fertility Center
- Burjeel Hospital
- ART Fertility Clinics
Download Sample Report
@Customers can also request 10% free customization on this report
“The
UAE's In-Vitro Fertilization (IVF) market continues to experience significant
growth, driven by advanced technology and increasing awareness. With a focus on
innovation, the market has seen a rise in personalized treatment plans,
including genetic screening and embryo selection. The demand for IVF services
is bolstered by factors such as delayed parenthood and rising infertility
rates. Clinics are also emphasizing patient-centric care, offering
comprehensive support services. Additionally, the UAE's strategic position as a
medical tourism hub attracts international patients seeking high-quality IVF
treatments. As the market evolves, collaborations between healthcare providers
and research institutions are fostering breakthroughs in reproductive medicine,
promising a bright future for IVF in the UAE.," said Mr. Karan Chechi,
Research Director of TechSci Research, a research-based Global management
consulting firm.
"UAE In-Vitro
Fertilization (IVF) Market, By Technique (ICSI IVF, Non-ICSI/Traditional IVF),
By Reagent (Embryo Culture Media, Cryopreservation Media, Sperm Processing
Media, Ovum Processing Media), By Instrument (Imaging Systems, Incubators,
Cryo-systems, Sperm Separation Systems, Ovum Aspiration Pumps, Micromanipulator
Systems, Others), By Infertility (Female, Male), By Embryo (Frozen-Thawed
Embryo, Fresh Embryo), By Application (Fertility Clinics, Hospitals, Others),
By End-User (Locals, Expats, Medical Tourists), By Region, By Competition Forecast & Opportunities, 2019-2029F", has evaluated the future growth potential of UAE
In-Vitro Fertilization (IVF) Market and provides statistics & information
on market size, structure, and future market growth. The report intends to
provide innovative market intelligence and help decision makers take sound
investment decisions. Besides, the report also identifies and analyzes the
emerging trends along with essential drivers, challenges, and opportunities in UAE
In-Vitro Fertilization (IVF) Market.
Contact
TechSci Research LLC
420 Lexington Avenue,
Suite 300, New York,
United States- 10170
M: +13322586602
Email: [email protected]
Website: https://www.techsciresearch.com