Egg Donation Market - By Type (Fresh, Frozen), By Service Provider (Hospitals, Fertility Clinics) & Global Forecast, 2023-2032
Published on: 2024-08-01 | No of Pages : 240 | Industry : Healthcare
Publisher : MIR | Format : PDF&Excel
Egg Donation Market - By Type (Fresh, Frozen), By Service Provider (Hospitals, Fertility Clinics) & Global Forecast, 2023-2032
Egg Donation Market Size
Egg Donation Market size was worth more than USD 3.1 billion in 2022 and is projected to witness a 6.8% CAGR from 2023-2032.
An increase in the prevalence of infertility will be a major factor driving the need for egg donation procedures. According to the World Health Organization (WHO), 15% of couples who are of reproductive age struggle with problems of infertility and decreased fecundity. Infertility can be caused due to environmental and lifestyle factors like smoking, heavy drinking, obesity, and consumption of recreational drugs. It can also result from exposure to chemicals and pollution, which can be particularly detrimental to gametes (sperm and eggs).
Report Attribute | Details |
---|---|
Base Year | 2022 |
Egg Donation Market Size in 2022 | USD 3.1 Billion |
Forecast Period | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR | 6.8% |
2032 Value Projection | USD 6 Billion |
Historical Data for | 2018 to 2022 |
No. of Pages | 123 |
Tables, Charts & Figures | 122 |
Segments covered | Type, Service Provider, and Region |
Growth Drivers |
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Pitfalls & Challenges |
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The high cost of infertility treatments and procedures may impede market expansion. The cost of infertility therapy as well as medical care policies differ significantly among developed and developing economies. According to official figures, the average cost per IVF cycle ranges between USD 15,000 to USD 20,000. To attain a healthy pregnancy, women are needed to take over three IVF cycles. The significantly high overall cost of IVF per cycle would hamper the adoption of such infertility treatments.
Egg Donation Market Analysis
Egg donation market from the fresh egg donations segment is anticipated to grow at a 6.8% CAGR over the forecast period of 2023 to 2032. Fresh egg donor cycles are typically preferred as they have a greater success rate. In this procedure, fresh eggs are fertilized after a few hours of being retrieved from the donor and are then cultured in the IVF lab. It takes 2-3 months to complete the donor cycle and have the embryos ready for transfer. Although fresh donor cycles are more expensive, there is a greater possibility of live birth, which increases consumer preference for this procedure.
Global Egg Donation Market Share, By Service Provider, 2022 (%) |
|
Segment |
Global market share (%), 2022 |
Hospitals |
25.50% |
Fertility Clinics |
60.30% |
Others |
14.10% |
Fertility clinics segment held around 60% share of the egg donation market in 2022 and is expected to expand significantly over the forecast period. The number of fertility clinics has increased in the past few years. One of the key factors driving this is the rising incidence of reproductive issues, raising awareness regarding infertility treatments, and increasing disposable income. Strong investments made by healthcare firms in clinic infrastructure and expansion should boost segment outlook.
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Asia Pacific egg donation market is anticipated to reach over USD 1.8 billion by 2032. According to official figures, in 2022, South Korea recorded the world’s lowest fertility rate, as the country struggles to reverse the trend of declining births. Hectic urban lifestyle and pollution are a few of the factors contributing to the decline in fertility rate among men and women in the region. Growing awareness and acceptability of assisted reproductive technologies, as well as advancements in infertility treatments will influence the market development.
Egg Donation Market Share
Some of the leading companies in the egg donation market include
- Flinders Reproductive Medicine Pty Ltd
- Virtus Health
- Monash IVF Group
- Morpheus Life Sciences Pvt. Ltd
- Chennai Fertility Center
- Medfem Fertility Clinic
- TRIO Fertility
- The Cape Fertility Clinic
- Bourn Hall International
- Aevitus Fertility Clinic
- Boston IVF
Impact of the COVID-19 pandemic
The COVID-19 pandemic had a negative impact on the egg donation industry. Due to the imposition of lockdowns and the strict rules put in place by authorities during the pandemic, the market initially experienced a setback. For instance, in September 2020, the American Society of Reproductive Medicine and the Canadian Reproductive and Andrology Society announced that all fertility procedures in the U.S. and Canada would be immediately halted as of March 2020 owing to COVID-19. However, lifting of lockdown restriction and rising infertility rate could revive the demand for such procedures in the post COVID-19 era.
The egg donation market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2018 to 2032 for the following segments
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By Type
• Fresh
• Frozen
By Service Provider
• Hospitals
• Fertility clinics
• Others
The above information is provided for the following regions and countries
• North America
o U.S.
o Canada
• Europe
o Germany
o UK
o France
o Spain
o Italy
o Others
• Asia Pacific
o China
o India
o Japan
o Others
• Latin America
o Brazil
o Mexico
o Argentina
o Others
• Middle East and Africa
o South Africa
o Egypt
o Others