Egypt In-Vitro Fertilization Market to be Dominated by the Fertility Clinics Segment by 2028
Growing number of fertility clinics is expected to
drive the Egypt In-Vitro Fertilization Market in the forecast period, 2018-2028.
According to TechSci Research report, “Egypt In-Vitro
Fertilization Market – By Region, Competition Forecast and
Opportunities 2018-2028F,” the
Egypt In-Vitro Fertilization Market is anticipated to grow at a steady rate in
the forecast period, 2024-2028. This can be attributed to the increased fertility
issues arising among couples, the growing number of fertility clinics in the country and increase in government’s support
in improving the in-vitro fertilization techniques.
According to
Worldometer's elaboration of the most recent United Nations data, the
population of Egypt as of April 2023, is 107,676,569 people. The International Committee Monitoring Assisted Reproductive
Technologies (ICMART) estimates that globally, in the last 40 years, over 8
million babies have been born using IVF or other assisted reproduction
techniques. Today, around
the world, over half a million babies are born each year using IVF or other
assisted reproduction techniques with over two million treatment cycles
performed every year. Also, a World Health Organization (WHO) report
estimates that globally over 10 per cent of women are classified as infertile
and require assistance to enable conception. Egypt's current fertility
rate in 2023 is 3.131 births per woman, which is 1.26% less than in 2022. In
Egypt, there were 3.171 births per woman in 2022, a 1.25% decrease from 2021.
Egypt is growing both quantitatively and qualitatively to meet the existing
in-vitro fertilization demand. Egypt has strong reputation within the Middle
East region for having high quality doctors, infrastructure, easier visa
access.
Growing risk
of genetic disorders in the newborn leads to the adoption of in vitro
fertilization among couples. This can be attributed to a high rate of consanguineous
marriages, or marriages between close relatives, which can increase the
likelihood of passing on inherited genetic disorders. IVF procedures can
involve a range of techniques, for instance, undergoing pre-implantation
genetic testing (PGT), which allows embryos to be screened for genetic
abnormalities before they are implanted in the uterus. IVF procedures can involve
a range of techniques, for instance, undergoing pre-implantation genetic
testing (PGT), which allows embryos to be screened for genetic abnormalities
before they are implanted in the uterus.
Additionally,
practices such as in-vitro fertilization can use any remaining embryos that are
frozen and stored for later use. There has been a shift toward using frozen
embryos, which can be thawed and implanted anytime later. This approach has
been shown to be just as effective as using fresh embryos, and it also allows
for more flexibility in timing and scheduling. This has led to an increased chance
among people to adopt in-vitro fertilization in the country. Moreover, the
use of frozen embryos has had a positive impact on increasing the success rates
of IVF procedures in Egypt. By expanding access to frozen embryo transfer and
addressing the challenges associated with the use of frozen embryos, it may be
possible to further improve the effectiveness and affordability of IVF
treatment in the country.
Furthermore, one
of the biggest challenges in IVF is selecting the embryos that are most likely
to result in a successful pregnancy. However, access to IVF
treatment can still be a challenge for many couples, due to the high cost of
the procedures and limited availability of insurance coverage or government
funding.
Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Egypt In-Vitro Fertilization Market”
Based
on technique, the market is segmented into ICSI IVF and Non-ICSI/Traditional
IVF. The ICSI IVF segment dominated the
market in 2022 and is expected to hold the highest market share in the forecast
period. The intracytoplasmic sperm injection (ICSI) is a procedure used during
in vitro fertilization (IVF) where a single sperm is injected directly into the
egg for the intention of fertilization. This is on account of increased
adoption of ICSI procedure as it has a higher success rate and thus is expected
to be more in demand in the forecast period. Also, the intracytoplasmic sperm
injection (ICSI) technique is more used in treating severe cases of male-factor
infertility.
Based on application,
the market is segmented into fertility clinics, hospitals, and others. The fertility
clinics segment dominated in 2022 and is expected to hold the highest share in
the forecast period. This is due to the increase in demand for treatment of
infertility among couples and fertility clinics being the provider for the most advanced practices
for in-vitro fertilization. Hence, the segment is acquiring highest growth due
to growing number of registered fertility clinics in the country as the cases
of infertility rises along with the rising trend of freezing eggs among the
women and using them later for in-vitro fertilization.
Major companies operating in the Egypt In-Vitro Fertilization Market are:
- MERCK SERONO EGYPT
- FUJIFILM Irvine
Scientific
- COOK MEDICAL EUROPE LTD.
- CooperSurgical Inc.
- Thermo Fisher Scientific
EG
- Gynetics Medical
Products
Companies operating in the market are following strategies such as continuously innovating tools to improve image quality and create specialized clinical tools to help the patients see more anatomical detail with greater certainty, enabling them to provide the best possible patient care, to stay competitive and have an edge over other players operating in the industry.
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“The fertility clinics are expected
to dominate the Egypt In-Vitro Fertilization Market on account of rising cases of infertility,
along with the increasing number of couples opting for freezing their eggs
using cryopreservation techniques and using them later for in-vitro
fertilization. Besides, increasing cases of genetic diagnosis among parents, growing
success rates of in-vitro fertilization and development of supporting
government laws and guidelines promoting IVF are other factors supporting the
market growth in the country” said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
“Egypt In-Vitro Fertilization
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, Competition Forecast & Opportunities,
2028,” has evaluated the future growth
potential of Egypt In-Vitro Fertilization Market and provides statistics &
information on market size, structure, and future market growth. The report
intends to provide cutting-edge 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 Egypt In-Vitro Fertilization Market.
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