Global Egg Freezing Service Market Size By Product, By End User, By Geographic Scope And Forecast

Egg Freezing Service Market Size And Forecast

Egg Freezing Service Market size was valued at USD 6.4 Billion in 2024 and is projected to reach USD 13.8 Billion by 2031, growing at a CAGR of 4.9% during the forecast period 2024-2031.

The rising number of women going for higher education, the rising number of women who prefer late pregnancy, and the rising number of incidences of cancer among women are some of the factors anticipated to foster market growth during the forecast period. The Global Egg Freezing Service Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Egg Freezing Service Market Definition

Egg freezing, also termed as mature oocyte cryopreservation is a method to retrieve women’s eggs for future use. The process includes stimulation of ovaries, post which the viable eggs are retrieved and frozen for future utilization. There are two methods of freezing eggs- slow freezing and fast freezing (also known as vitrification). The latter process involves freezing the eggs at an ultra-rapid pace to prevent the formation of ice crystals.

Earlier, this method was used primarily by women who would undergo chemotherapy for treatment of cancer. Chemotherapy is known to affect women’s fertility. However, nowadays with a greater number of women going for higher education and interested in strengthening their career, egg freezing is being carried out for social reasons as well.

Global Egg Freezing Service Market Overview

What's fueling the rise of egg freezing? Well, it's partly because more women are focused on climbing the career ladder and pursuing advanced degrees. But egg freezing also gives women more control over their future. Think about itif you want to wait to have kids until you're older, egg freezing lets you keep the option of having a genetically related child open. Plus, it can actually lower the chances of certain birth defects that are more common when conceiving later in life. It's also a fantastic option for women who aren't currently partnered but dream of having their own biological children someday. And let's not forget women facing health challenges that could impact their egg quality and fertility – for them, egg freezing can be a real game-changer.

However, there are certain side effects and precautions to be taken which can restrain the growth of egg freezing services. There are emotional costs associated to the process. The process can often lead to instilling false hopes among women. Even after successfully retrieving and storing the egg, the chances of fertilization are not 100%. The clinical rate of pregnancy per vitrified oocyte is 4.5%-12%. Moreover, this data is obtained from women who were able to conceive at an age of less than 30 years.

As we get older, it's naturally harder to get pregnant. That's why many fertility clinics have an age cutoff for offering egg freezing. Then there's the money – it can be a real barrier. Just one cycle can be incredibly expensive, and that doesn't usually cover the cost of IVF down the road, or the storage fees. And those storage fees? They're high and ongoing. Who knows how long you'll even need those eggs? Plus, getting ready for egg freezing involves injecting hormones, which can have some pretty unpleasant side effects, like weight gain and other discomforts.

Global Egg Freezing Service MarketSegmentation Analysis

The Global Egg Freezing Service Market is segmented based on Product, End-User, and Geography.

Egg Freezing Service Market, By Product

• Slow Freezing• Rapid Freezing

Based on Product, the market is bifurcated into Slow Freezing and Rapid Freezing segments. The rapid freezing segment accounted for a higher market share as it enables the cell to solidify quickly and thus prevents the formation of ice crystals. This ensures that the frozen eggs do not get damaged.

Egg Freezing Service Market, By End User

• 25-30 Year Old Female• 30–40-Year-Old Female

Based on End User, the market is segmented into 25-30-year-old females and 30-40-year-old females. The 25-30-Year-old female segment accounts for the largest market share as retrieving and storing viable eggs is more successful at an earlier age as compared to a lower age. This is because women are more fertile in the age group of 25-30.

Egg Freezing Service Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

Looking at the world, the Global Egg Freezing Service Market breaks down into North America, Europe, Asia Pacific, and the Rest of the world. And guess what? Back in 2019, North America was the big cheese, grabbing a whopping 39.62% of the revenue, and they're expected to stay on top for a while. Specifically, the U.S. and Canada are the big players in the North American scene. What's driving this? Well, more women are hitting the books for higher education and choosing to have kids a little later in life (we're talking 30+). Now, Asia Pacific is the real mover and shaker, growing faster than anywhere else. This is mainly because more people in that area are learning to read and write!

Key Players

The “Global Egg Freezing Service Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are CHA Medical Group, Trellis, Reproductive Biology Associates, Extend Fertility, Mayo Clinic, CREATE Fertility, Shady Grove, IVF Australia, FrzMyEggs, and West Coast Fertility Centers.

The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Report Scope

Research Methodology of Market Research

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Reasons to Purchase this Report

We'll dig into the market with both qualitative and quantitative approaches, breaking it down by economic stuff and the other things that matter. You'll get the market value in USD Billion for every segment and sub-segment. We'll point out which region and segment we think will grow the fastest and be the biggest overall. We'll also break down the product/service consumption by geography, showing you what's driving the market in each place. Check out the competitive scene, including who's on top, new products and services, partnerships, expansions, and acquisitions over the last five years. We've got detailed company profiles, including overviews, insights, product comparisons, and SWOT analyses for the major players. We'll give you the current and future market outlook, covering growth opportunities, drivers, challenges, and restraints in both new and established regions. We're also throwing in a deep dive using Porter's five forces and a look at the Value Chain. Expect to see market dynamics and future growth opportunities laid out clearly. And to top it off, you get 6 months of support from our analysts after you buy!

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