North America In-vitro Fertilization Microscopes Market Size, Share & Industry Trends Analysis Report By End User, By Type (Embryo Microscope, Upright Microscopes, Stereo Microscopes and Inverted Microscopes), By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The North America In-vitro Fertilization Microscopes Market would witness market growth of 11.2% CAGR during the forecast period (2022-2028).
In-vitro fertilization operations include oocyte preparation, embryo analysis, and semen analysis, all employing in-vitro fertilization microscopes. The market for in-vitro fertilization microscopes has been primarily driven by the increased demand for in-vitro fertilization to treat male and female infertility and the high success rates of in-vitro fertility. As a result, both male and female infertility cases have increased in recent years.
More women are starting families later in life due to commitments to their careers owing to rising female literacy rates and the number of working women. Women increasingly rely on fertility medications to cure infertility and increase the likelihood of conception since female fertility is heavily influenced by age. The increasing number of instances of infertility has been caused by various causes, including poor sperm counts and difficulties developing eggs. Because of its high success rate, in-vitro fertilization therapy has gained popularity, increasing demand for in-vitro fertilization tools like in-vitro fertilization microscopes.
In Canada, infertile couples, single parents, and same-sex partners increasingly use assisted human reproduction (AHR) techniques, including in-vitro fertilization, to start babies. The AHR Act, created to safeguard and advance the rights of Canadians who utilize or are born using AHR technology, was given royal assent in 2004. The AHR Act accomplishes this goal by outlining banned aided human reproduction-related practices that might seriously endanger Canadians' health and safety or are thought unethical or inconsistent with Canadian values. The market for in-vitro fertilization microscopes would see substantial expansion in the North American area as a consequence of such encouraging government efforts to encourage AHR treatments and the elevated risk of infertility.
The US market dominated the North America In-vitro Fertilization Microscopes Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $46,856.3 Thousands by 2028. The Canada market is poised to grow at a CAGR of 13.4% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 13.1% during (2022 - 2028).
Based on End User, the market is segmented into Clinical and Academic Research. Based on Type, the market is segmented into Embryo Microscope, Upright Microscopes, Stereo Microscopes and Inverted Microscopes. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global In-vitro Fertilization Microscopes Market is Estimated to reach $202.2 Billion by 2028, at a CAGR of 11.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hamilton Thorne, Inc. (Hamilton Thorne, Ltd.), Olympus Corporation, Leica Microsystems GmbH (Danaher Corporation), Carl Zeiss AG, Nikon Corporation, Linkam Scientific Instruments, Meiji Techno Co., Ltd., Euromex Microscopen B.V. (Euromex Optics Group B.V.), Labomed Europe B.V., and Narishige Group.
Scope of the Study
Market Segments Covered in the Report:
By End User
- Academic Research
- Embryo Microscope
- Upright Microscopes
- Stereo Microscopes
- Inverted Microscopes
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Hamilton Thorne, Inc. (Hamilton Thorne, Ltd.)
- Olympus Corporation
- Leica Microsystems GmbH (Danaher Corporation)
- Carl Zeiss AG
- Nikon Corporation
- Linkam Scientific Instruments
- Meiji Techno Co., Ltd.
- Euromex Microscopen B.V. (Euromex Optics Group B.V.)
- Labomed Europe B.V.
- Narishige Group
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