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San Francisco, July 21, 2021 /PRNewswire/ – Global Vitrification market Estimated size achieve $20.3 billion According to a new report by Grand View Research, Inc, by 2027. market expectation Increase at a compound annual growth rate of 17.7% from 2021 to 2027Many experiments and investigations have been conducted to prove that vitrification is more efficient than slow freezing, thereby increasing its clinical application. Currently, most IVF clinics are using this method to freeze eggs/embryos and provide patients with a higher success rate, thereby driving the market.
Main insights and findings:
- At present, vitrification is mainly used in the egg freezing cycle because it has a higher success rate than traditional techniques
- Compared with egg freezing, the initial cost of embryo freezing is relatively high. Compared with the oocyte segment, the penetration rate of this segment has been reduced.
- However, as the number of IVF cycles increases, the oocyte part is expected to become a profitable option
- On the other hand, although semen preservation is carried out before oocyte preservation, in the rapid freezing market, the share of these biological specimens in clinical practice is very low.
- However, a lot of research is being carried out to support the clinical implementation of vitrification in this market segment
- In addition, due to the extensive use of rapid cooling devices to preserve oocytes in future IVF procedures, the IVF clinic department will dominate the market in 2020
- Due to the increase in the number of people seeking maternity protection services, the biobanking sector is expected to experience considerable growth during the forecast period
- Europe Recognized as a leader in the field of assisted reproductive technology (ART).This is conducive to the region’s high revenue share in the market in 2020
- The following Europe, North America It will account for an important revenue share in 2020 because of…
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