Fertility Clinics Segment to Dominate the Saudi Arabia In-Vitro Fertilization (IVF) Market till 2026
Growing prevalence of PCOS and increasing
affordability for fertility treatment is expected to drive the Saudi Arabia In-Vitro
Fertilization (IVF) market throughout the forecast period.
According to TechSci Research report, “Saudi
Arabia In-Vitro Fertilization (IVF) Market By Technique (ICSI IVF v/s
Non-ICSI/ Traditional IVF) By Product (IVF Culture Media, ICSI Machine, IVF
Incubators, Cryosystem, Others) By Donor (Fresh Non-donor, Frozen Non-donor,
Fresh Donor, Frozen Donor) By Infertility (Male v/s Female) By Embryo (Fresh
Embryo v/s Frozen-thawed Embryo) By End User (Fertility Clinics, Hospitals,
Others) By Region, Company Forecast & Opportunities, 2026”, The Saudi Arabia In-Vitro Fertilization (IVF) market is
expected to grow at a steady rate during the forecast period. In-Vitro
Fertilization is also known as assisted reproductive technology is the process
that involves collecting sperm and egg to implant them in the uterus from the
partners or known or unknown people.
These eggs are made to fertilize using laboratory reagents & media,
and instruments and the fertilized eggs are implanted into the uterus for
further development of the child. Technological advancements of contraceptive
techniques which are impeding the chances of contraception in people are
fueling the demand for In-Vitro Fertilization in Saudi Arabia. Also, the rise
in women prioritizing careers over starting a family and late marriages of
people is paving the way for the growth of contraceptive technology centers.
The chances of conceiving decreases with the growing age of women and are more
prone to health problems relating to pregnancy thus the chances of miscarriage,
fetal abnormalities, preterm delivery, and prolonger labor, among other
problems that rise which adversely affect the chance to get pregnant.
The
occurrence of COVID-19 outbreak across the world which has been declared as a
pandemic by World Health Organization has affected several countries adversely.
Leading authorities in Saudi Arabia imposed lockdown restrictions and released
a set of precautionary measures to contain the spread of novel coronavirus.
Coronavirus-affected patients started suffering from shortness of breath along
with coughing and sneezing. Leading authorities increased the capacity of
hospitals as a greater number of patients were getting affected daily and
getting admitted into the hospital facilities. Hospitals focused on providing
treatment to COVID affected patients and put all resources in treating the
patients suffering from coronavirus, which is the major reason for people
postponing the visit to the healthcare facilities for other non-essential problems
which negatively affected the In-Vitro Fertilization market.
However,
the lack of technical experts and high cost associated with the adoption of
this procedure may pose a challenge in the growth of the Saudi Arabia In-Vitro
Fertilization (IVF) market.
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Saudi Arabia In-Vitro Fertilization (IVF) market
is segregated into technique, product, donor, infertility, embryo, end user,
regional distribution, and company. Based on product, the market can be divided
into IVF culture media, ICSI machine, IVF incubators, cryosystem, and others.
The IVF culture media product segment is expected to account for major market
share in the forecast period, 2022-2026. High-end investments by the market
players and the rise in research and development activities are the driving
factor for this segment. Based on embryo, the market can be bifurcated into
fresh embryo and frozen-thawed embryo. The fresh embryo segment is expected to
dominate the market for the next five years owing to the high success rate for
this procedure. Also, this procedure can be performed even in complicated cases
which is another significant factor fueling the growth of this segment. Based
on technique, the market can be divided into ICSI IVF and non-ICSI/ traditional
IVF. The ICSI IVF technique segment is expected to hold lion’s share in the
next five years as it has better fertilization chances and the facility of
minimization of multi-nucleation as only one sperm and one egg are involved.
Dr. Sulaiman Alhabib Medical Group,
HealthPlus Fertility & Women's Health Center, Dr. Samir Abbas Medical
Centers, Dr. Khalid Idriss Hospital, KKUH - Assisted Conception Unit, King
Faisal Specialist Hospital, Saad Hospital IVF Center, Al Manaa General Hospital
IVF Unit, Thuriah Medical Center, Bnoon Medical Center, among others are some
of the leading players operating in Saudi Arabia In-Vitro Fertilization (IVF) market. Companies operating in the market are using strategies
such as joint ventures, product launches, mergers, and research collaborations
to boost their share and increase their geographic reach.
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“Market
players are investing huge amounts for technological advancement of the
existing fertility infrastructure and incorporate ways to increase the success
rate of fertility through the In-Vitro Fertilization method. To boost the
fertility rate in these centers, technologies such as Testicular Sperm
Extraction are introduced along with the adoption of emerging technology like
artificial intelligence which helps in analyzing and monitoring the patients is
boosting the demand for In-Vitro Fertilization market. Also, the rising
awareness and the decline in the stigma relating to the adoption of In-Vitro Fertilization
treatment as a fertility option are the other significant factors contributing
to propel the market growth till 2026” said Mr. Karan
Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Saudi
Arabia In-Vitro Fertilization (IVF) Market By Technique (ICSI IVF v/s Non-ICSI/
Traditional IVF) By Product (IVF Culture Media, ICSI Machine, IVF Incubators,
Cryosystem, Others) By Donor (Fresh Non-donor, Frozen Non-donor, Fresh Donor,
Frozen Donor) By Infertility (Male v/s Female) By Embryo (Fresh Embryo v/s
Frozen-thawed Embryo) By End User (Fertility Clinics, Hospitals, Others) By
Region, Company Forecast & Opportunities, 2026”, has evaluated the future growth potential of Saudi
Arabia In-Vitro Fertilization (IVF) 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 Saudi
Arabia In-Vitro Fertilization (IVF) market.
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