Europe Infertility Treatment Devices and Equipment Market
Published On: Nov 2020
Published On: Nov 2020
Ovum Aspiration Pumps Segment Held Largest Share of Product in Europe Infertility Treatment Devices and Equipment Market in 2019
According to a new market research study of ‘Europe Infertility Treatment Devices and Equipment Market Forecast to 2027 - COVID-19 Impact and Analysis by product, procedure, and end-user’ the Europe infertility treatment devices and equipment market is expected to reach US$ 444.27 million in 2027 from US$ 241.64 in 2019. The market is estimated to grow with a CAGR of 8.1% from 2020-2027. The report provides trends prevailing in the Europe infertility treatment devices and equipment market and the factors driving market along with those that act as hindrances.
Based on the product, the Europe the infertility treatment devices and equipment market, is segmented into ovum aspiration pumps, sperm separation devices, sperm analyzer systems, micromanipulator systems, incubators, and others. The ovum aspiration pumps segment held the largest share of the market in 2019, also the same segment is anticipated to register the highest CAGR in the market during the forecast period. The segment's growth is fuelled due to its advantageous features and comprehensive capabilities such as superior precision and regulated vacuum pressure to collect the eggs from ovaries. Moreover, some of the aspiration pumps also provides digital display in order to monitor the pressure. For instance, Rocket Digital Oocyte Aspiration Pump provides smooth, low volume vacuum at pre-determined negative pressures, allowing simple, low turbulence, oocyte recovery. These advantages associated with ovum aspiration pumps is likely to have positive impact on the adoption rate of this device.
The growth of this market is estimated to grow owing to key driving factors such as a high rise in In Vitro Fertilization techniques and an increase awareness amongst population regarding sperm & egg donation. However, risks associated with reproductive techniques is likely to hamper the market growth.
Eppendorf AG, Cooper Surgical, Inc., and Hamilton Thorne, Inc. are among the leading companies operating in the Europe infertility treatment devices and equipment market.
The report segments Europe Infertility Treatment Devices and Equipment Market as Follows:
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