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$1024.2 Mn Global In Vitro Fertilization (IVF) Market Forecast by 2022-2028 | Rising Cases of Male and Female Infertility are Major Factor Driving Market, With CAGR 8.8% | Ivf Market Demand, Size, Share, Trend Analysis by Vantage Market Research

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WASHINGTON, June 17, 2022 (GLOBE NEWSWIRE) — The Global In Vitro Fertilization Market finds that increasing infertility cases and increasing fertility tourism practices are accelerating the growth of the In Vitro Fertilization Market in coming years.

Additionally, some other factors such as, increased awareness of the availability of in vitro fertilization procedures, reduced IVF treatment procedures, increased fertility clinics, increased health care costs, and increased acceptance of reproductive technology assistance in developing countries are propelling the growth of the In Vitro Fertilization Market.

The Global In Vitro Fertilization Market revenue is expected to reach a value USD 1024.2 Million in the year 2028.

The Global Market revenue stood at a value USD 617.5 Million in the year 2021 and is expected to grow exhibiting a Compound Annual Growth Rate (CAGR) of 8.8% during the forecast period; states Vantage Market Research, in a report, titled “In Vitro Fertilization Market Size, Share & Trends Analysis Report by Product (Equipment, Reagents & Media, Accessories), by Cycle (Fresh Non-donor IVF Cycles, Frozen Non-donor IVF Cycles, Frozen Donor IVF Cycles, Fresh Donor IVF Cycle), by Type (Conventional IVF, IVF with ICSI, IVF with Donar Eggs, Others), by End User (Fertility Clinics, Hospitals & Surgical Centers, Cryobanks, Research Institutes), by Region (North America, Europe, Asia Pacific, Latin America) – Global Industry Assessment (2016 – 2021) & Forecast (2022 – 2028).

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Market Dynamics:

Drivers:

Growth in Median Age of First-Time Mothers

Over the past few years, the global market has seen a dramatic increase in the demand for IVF treatment. Infertility is one of the major health problems people face worldwide. Every year, nearly half a million new-borns are born with IVF or other medical treatment. According to the WHO, 8% -10% of couples worldwide suffer from infertility, which means that 80 million couples worldwide. The practice has increased the number of women seeking In Vitro Fertilization (IVF) treatment. The age between new mothers has grown significantly worldwide. Improved contraception, late marriage, and the growing number of women who put their careers ahead of family planning are some major factors that augment the high growth of the In Vitro Fertilization Market. According to data published by the Australian Institute of Health and Welfare 2021, in Australia the average age of first mothers increased from 27.9 years in 2009 to 31.9 years in 2019. The growing age of working women are expected to experience difficulties in natural pregnancy, which in turn, increases the number of women who are forced to choose IVF treatment. Thus, an increase in the average age of new mothers drives the growth of the In Vitro Fertilization Market.

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Availability of Funds

The availability of funds leads to an increase in the adoption of IVF procedures. New strategies have been introduced, such as Testicular Sperm Extraction (PESA and TESE) in the development of new products. Thus, it increases the success rate of the In Vitro Fertilization Market. In June 2018, an Australian scientist developed an Artificial Intelligence (AI) tool called the Ivy to identify a fetus with the best chance of conceiving. PICSI (Physiological Intra-cytoplasmic Sperm Injection) is one of the preferred sperm alternatives and is recommended for couples with a history of miscarriage, low fetal quality, and low fertility. Such technology helps to increase the success rate of IVF pregnancies and also needs a lot of money. Not everyone can afford this treatment because it is so expensive. Hence, the availability of funds is another factor which drives market growth.

Key Insights & Findings from the Report:

  • According to our primary respondents’ research, the In Vitro Fertilization market is predicted to grow at a CAGR of roughly 8.8% during the forecast period.
  • The In Vitro Fertilization market was estimated to be worth roughly USD 617.5 Million in 2021 and is expected to reach USD 1024.2 Million by 2028; based on primary research.   
  • On the basis of region, Asia Pacific is projected to dominate the worldwide In Vitro Fertilization market.

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Segmentation of the Global In Vitro Fertilization Market:

  • Product
    • Equipment
    • Reagents & Media
    • Accessories
  • Cycle
    • Fresh Non-Donor IVF Cycles
    • Frozen Non-Donor IVF Cycles
    • Frozen Donor IVF Cycles
    • Fresh Donor IVF Cycle
  • Type
    • Conventional IVF
    • IVF with ICSI
    • IVF with Donar Eggs
    • Others
  • End User
    • Fertility Clinics
    • Hospitals & Surgical Centers
    • Cryobanks
    • Research Institutes
  • Region
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa

Read Full Research Report @ https://www.vantagemarketresearch.com/industry-report/in-vitro-fertilization-market-1649

COVID-19 Impact Analysis:

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The COVID-19 outbreak has affected various industries worldwide. Governments across the world implemented strict lockdown measures and social distancing norms in order to restrict the swift spread of the pandemic. Manufacturing facilities around the world were shut down during the initial stages of the pandemic. Moreover, the economic crisis after the pandemic might lead to a significant delay in the commercial roll-out of the electronics industry. Small and medium-scale companies are the backbone of technology providers and are witnessing a steep drop in revenue since the emergence of the pandemic in 2020. Hence, market players faced numerous challenges as disruptions in the supply chain were observed. However, things will improve in the second half of 2022 as more supplies will come online. The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends of the market for all the regions and countries based on the following data points:

  1. Impact Assessment of COVID-19 Pandemic
    1. North America
    2. Europe
    3. Asia Pacific
    4. Latin America
    5. Middle East & Africa
  2. Quarterly Market Revenue Forecast by Asia Pacific 2020 & 2021
  3. Key Strategies Undertaken by Companies to Tackle COVID-19
  4. Long Term Dynamics
  5. Short Term Dynamics

The Report on In Vitro Fertilization Market Highlights:

  • Assessment of the market
  • Premium Insights
  • Competitive Landscape
  • COVID Impact Analysis
  • Historic Data, Estimates and Forecast
  • Company Profiles
  • Global and Regional Dynamics

Regional Analysis:

Asia Pacific Holds Largest Market Share

Asia Pacific is expected to dominate the growth of the In Vitro Fertilization Market in 2021. Factors such as an increase in medical tourism, increased awareness of the availability of in vitro fertilization procedures, reduced IVF treatment procedures, increased fertility clinics in the region, increased health care costs, and increased acceptance of reproductive technology assistance in developing countries are propelling the growth of the In Vitro Fertilization Market in this region. In addition, the rise in medical tourism and the legal review related to IVF strategies, will boost regional market growth over the forecast years. Due to air pollution and an inactive lifestyle, fertility rates are declining in the region, which accounts for the high sales of services.

Browse market data Tables and Figures spread through 141 Pages and in-depth TOC on “In Vitro Fertilization Market Size, Share & Trends Analysis Report by Product (Equipment, Reagents & Media, Accessories), by Cycle (Fresh Non-donor IVF Cycles, Frozen Non-donor IVF Cycles, Frozen Donor IVF Cycles, Fresh Donor IVF Cycle), by Type (Conventional IVF, IVF with ICSI, IVF with Donar Eggs, Others), by End User (Fertility Clinics, Hospitals & Surgical Centers, Cryobanks, Research Institutes), by Region (North America, Europe, Asia Pacific, Latin America) – Global Industry Assessment (2016 – 2021) & Forecast (2022 – 2028)” View detailed Research Report here – https://www.vantagemarketresearch.com/press-release/in-vitro-fertilization-market-677756

List of Prominent Players in the In Vitro Fertilization Market:

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  • The Cooper Companies Inc. (US)
  • Cook Group (US)
  • Vitrolife (Sweden)
  • Thermo Fisher Scientific Inc. (US)
  • Esco Micro PTE. Ltd. (Singapore)
  • Genea Limited (Australia)
  • IVFtech ApS (Denmark)
  • FUJIFILM Irvine Scientific (US)
  • The Baker Company Inc. (US)
  • Kitazato Corporation (Japan)
  • Rocket Medical plc (UK)
  • Hamilton Thorne Ltd. (US)
  • ZEISS Group (Germany)
  • Fertipro NV (Belgium)
  • Gynotec B.V. (Netherlands)

Recent Developments:

July 2021: Hamilton Thorne Ltd. received FDA approval for the sale of GYNEMED GM501, a ready-to-use device designed for in vitro washing and handling processes for oocytes and human embryos in the US and Europe.

December 2021: Cooper Surgical announced a partnership with Virtus Health to strengthen its fertility technology, which increases access to advanced medical care for infertile couples.

December 2021 – Multiply, an IVF-tech company, launched an AI-based platform designed to replace traditional practices in IVF institutions personal interest.

Key questions answered in the report:

  • Which regional market will show the highest and rapid growth?
  • Which are the top five players of the In Vitro Fertilization Market?
  • How will the In Vitro Fertilization Market change in the upcoming six years?
  • Which application and product will take a lion’s share of the In Vitro Fertilization Market?
  • What is the In Vitro Fertilization market drivers and restrictions?
  • What will be the CAGR and size of the In Vitro Fertilization Market throughout the forecast period?

This market titled “In Vitro Fertilization Market” will cover exclusive information in terms of Regional Analysis, Forecast, and Quantitative Data – Units, Key Market Trends, and various others as mentioned below:

Parameter Details
Market Size Provided for Years 2016-2028
Base Year 2021
Historic Years 2016-2020
Forecast Years 2022-2028
Segments Covered • Product
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    • Equipment

    • Reagents & Media

    • Accessories

• Cycle

    • Fresh Non-Donor IVF Cycles

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    • Frozen Non-Donor IVF Cycles

    • Frozen Donor IVF Cycles

    • Fresh Donor IVF Cycle

• Type

    • Conventional IVF

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    • IVF with ICSI

    • VF with Donar Eggs

    • Others

• End User

    • Fertility Clinics

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    • Hospitals & Surgical Centers

    • Cryobanks

    • Research Institutes

• Region

    • North America

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    • Europe

    • Asia Pacific

    • Latin America

    • Middle East & Africa

Region & Counties Covered • North America
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    • U.S.

    • Canada

    • Mexico

• Europe

    • U.K

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    • France

    • Germany

    • Italy

    • Spain

    • Rest Of Europe

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• Asia Pacific

    • China

    • Japan

    • India

    • South Korea

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    • South East Asia

    • Rest Of Asia Pacific

• Latin America

    • Brazil

    • Argentina

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    • Rest Of Latin America

• Middle East & Africa

    • GCC Countries

    • South Africa

    • Rest Of Middle East & Africa

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Companies Covered • The Cooper Companies Inc. (US)

• Cook Group (US)

• Vitrolife (Sweden)

• Thermo Fisher Scientific Inc. (US)

• Esco Micro PTE. Ltd. (Singapore)

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• Genea Limited (Australia)

• IVFtech ApS (Denmark)

• FUJIFILM Irvine Scientific (US)

• The Baker Company Inc. (US)

• Kitazato Corporation (Japan)

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• Rocket Medical plc (UK)

• Hamilton Thorne Ltd. (US)

• ZEISS Group (Germany)

• Fertipro NV (Belgium)

• Gynotec B.V. (Netherlands)

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Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis,
PEST analysis, value chain analysis, regulatory landscape, technology landscape,
patent analysis, market attractiveness analysis by segments and North America,
company market share analysis, and COVID-19 impact analysis

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The report can be customized as per client needs or requirements. For any queries, you can contact us on [email protected] or +1 (202) 380-9727. Our sales executives will be happy to understand your needs and provide you with the most suitable reports.

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Complyport’s new AI tool – ViCA.Chat – set to revolutionise compliance support services

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LONDON, June 14, 2024 /PRNewswire/ — ViCA.Chat, the Virtual Compliance Assistant powered by AI technology, is set to transform regulatory compliance consulting. Developed by ComplyMAP Group’s AI engineers and Complyport’s compliance consulting teams, ViCA redefines compliance support services and propels governance, risk and compliance consulting into a new era of innovation. 

Offering real-time assistance across a vast array of UK and EU regulatory frameworks, ViCA delivers unparalleled efficiency, detail and precision in disentangling and dealing with complicated regulatory frameworks.
The key differentiator of ViCA is its specialised and purposely constructed unique databases that leverage Complyport’s 22 years of regulatory expertise, combined with tailored AI training tools, enabling ViCA to operate as an experienced compliance consultant. A dedicated human support team continuously improves and updates ViCA’s knowledge and responses through a feedback loop process and quality assurance sessions. This powerful symbiosis of AI and human expertise sets ViCA apart and ensures businesses have the latest regulatory information instantaneously and seamlessly.
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Among ViCA’s revolutionary features is its cost-effective model, allowing businesses to significantly reduce reliance on traditional spending with external consultants and advisors.
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Contact:
Name: Luis ParraTitle: Managing DirectorCompany: Vica.ChatTelephone: +44 20 7399 4980 Email: [email protected]
About ViCA.Chat:
ViCA.Chat is a revolutionary Virtual Compliance Assistant powered by cutting-edge AI technology, designed to demystify the complexities of regulatory compliance. Utilising Complyport’s 22 years of regulatory expertise, ViCA offers real-time assistance and guidance across a wide range of regulatory frameworks, setting a new standard for efficiency and precision in compliance support. From fintech start-ups to established law firms, financial services institutions, regulators, regulatory firms, compliance consultants and insurance firms, ViCA caters to the diverse needs of professionals across all levels in the broader UK financial services sector.
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LoRa and LoRaWAN IoT Market worth $32.7 billion by 2029- Exclusive Report by MarketsandMarkets™

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CHICAGO, June 14, 2024 /PRNewswire/ — The LoRa and LoRaWAN IoT Market is expected to reach USD 32.7 billion by 2029 from USD 8.0 billion in 2024, at a Compound Annual Growth Rate (CAGR) of 32.4 % during 2024–2029, according to a new report by MarketsandMarkets™.

Browse in-depth TOC on “LoRa and LoRaWAN IoT Market”
320 – Tables 58 – Figures294 – Pages
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=144298529
Scope of the Report
Report Metrics
Details
Market size available for years
2018-2029
Base year considered
2023
Forecast period
2024–2029
Forecast units
Value (USD Billion)
Segments Covered
Offering, Network Deployment, Application, End User, and Region
Region covered
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
List of Companies in LoRa and LoRaWAN IoT
The Bosch Group (Germany),  Cisco (US), Orange SA (France), Comcast Corporation (US), Semtech (US), NEC Corporation(Japan), Tata Communications (India), AWS (US), Advantech (Taiwan), SK Telecom (South Korea), Murata (Japan), Kerlink (France), Actility (France), Digi International (US), MultiTech (US), Ezurio (US), Sensoterra (Netherlands), Nwave Technologies (US), RAKwireless (China), TheThings.io (Spain), Datacake (Germany), Milesight (China), LORIOT (Switzerland), Exosite (US), Orbiwise (Switzerland), Netmore Group (Sweden), and Radio Bridge Inc (US).
The LoRaWAN ecosystem influences development of tools, software libraries, and cloud-based platforms that streamline the creation, deployment, and management of IoT solutions. Continuously evolving, this ecosystem boasts a burgeoning array of vendors providing LoRa-compliant devices, gateways, and network management solutions. This vibrant competition within the ecosystem propels innovation while driving down costs for end-users. Moreover, the development of interoperable solutions fosters seamless integration and deployment of LoRaWAN networks, simplifying the implementation process for businesses and organizations. As the ecosystem continues to expand and mature, it empowers developers, system integrators, and IoT enthusiasts to unleash their creativity, accelerate time-to-market, and unlock the full potential of LoRaWAN technology in diverse applications and industries.
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Based on network deployment, the public network segment to hold the largest market size during the forecast period.
The robust security features integrated into public LoRaWAN networks play a significant role in driving the growth and adoption of LoRaWAN technology in the market. End-to-end encryption ensures that data transmitted between devices and gateways is protected from unauthorized access or interception, safeguarding sensitive information such as sensor readings, location data, and command messages. Message integrity checks verify the integrity of data packets, detecting any tampering or alteration during transmission and ensuring data authenticity and reliability. Additionally, mutual authentication mechanisms establish trust between devices and gateways, verifying the identity of both parties before allowing communication to occur. These security measures provide organizations and end-users with confidence in the integrity and confidentiality of their data, mitigating concerns related to data privacy, cybersecurity threats, and regulatory compliance. As a result, implementing robust security features in public LoRaWAN networks enhances trust and credibility in the technology, driving increased adoption and market growth as organizations seek reliable and secure connectivity solutions for their IoT deployments.
By offering, the services segment is expected to hold a higher growth rate during the forecast period.
IoT service providers are pivotal in driving adoption by developing vertical-specific solutions finely tuned to the distinct needs of industries like agriculture, healthcare, logistics, and smart cities. In agriculture, for instance, IoT services offer solutions for precision farming, crop monitoring, and livestock management, enabling farmers to optimize irrigation, monitor soil health, and enhance yields. Similarly, IoT services facilitate remote patient monitoring, asset tracking, and inventory management in healthcare, improving patient care, reducing costs, and ensuring compliance with regulatory standards such as HIPAA. In logistics, IoT services provide real-time tracking of shipments, fleet management, and predictive maintenance, enhancing supply chain visibility, efficiency, and reliability. For smart cities, IoT services offer solutions for traffic management, waste management, energy optimization, and public safety, transforming urban infrastructure and enhancing the quality of life for residents. By addressing industry-specific challenges, compliance requirements, and use cases, vertical-specific IoT solutions deliver tangible business value, driving adoption and fueling the growth of the IoT services market across diverse sectors.
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Asia Pacific is expected to hold a higher growth rate during the forecast period.
In the Asia Pacific region, where agriculture serves as a cornerstone of many economies, adopting IoT technologies, particularly LoRa and LoRaWAN, is revolutionizing traditional farming practices. LoRaWAN’s long-range connectivity and low-power consumption make it well-suited for deployment in rural agricultural settings, where access to reliable connectivity may be limited. Through LoRa-based IoT solutions, farmers can implement precision agriculture techniques to address pressing challenges such as water scarcity, soil degradation, and unpredictable weather patterns. LoRa-enabled sensors facilitate real-time monitoring of soil moisture levels, temperature, and humidity, allowing farmers to optimize irrigation schedules and conserve water resources. Remote sensing technologies powered by LoRaWAN enable farmers to gather actionable insights on crop health, pest infestations, and nutrient deficiencies, facilitating timely interventions and improving overall crop management practices. Furthermore, LoRa-based crop analytics platforms provide farmers with data-driven decision support tools, helping them optimize planting strategies, improve yield forecasting, and mitigate the impact of climate change on agricultural productivity. By harnessing the power of LoRa and LoRaWAN IoT solutions, farmers in the Asia Pacific region can increase yields, conserve resources, and enhance resilience to environmental challenges, driving the adoption and growth of the LoRaWAN IoT market in the agricultural sector.
Top Key Companies in LoRa and LoRaWAN IoT Market:
The major vendors covered in the LoRa and LoRaWAN IoT Market are The Bosch Group (Germany),  Cisco (US), Orange SA (France), Comcast Corporation (US), Semtech (US), NEC Corporation(Japan), Tata Communications (India), AWS (US), Advantech (Taiwan), SK Telecom (South Korea), Murata (Japan), Kerlink (France), Actility (France), Digi International (US), MultiTech (US), Ezurio (US), Sensoterra (Netherlands), Nwave Technologies (US), RAKwireless (China), TheThings.io (Spain), Datacake (Germany), Milesight (China), LORIOT (Switzerland), Exosite (US), Orbiwise (Switzerland), Netmore Group (Sweden), and Radio Bridge Inc (US). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, enhancements, and acquisitions to expand their footprint in the LoRa and LoRaWAN IoT Market.
Browse Adjacent Markets: Digitalization and Internet of Things (IoT) Market Research Reports & Consulting
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About MarketsandMarkets™
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MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
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Scoring a Seat at UEFA EURO 2024™ with Top-Performing AI-Powered TOSHIBA TV Lineup

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HONG KONG, June 14, 2024 /PRNewswire/ — Football fans are in for a treat as they gear up for UEFA EURO 2024™ with Toshiba TV’s top-performing Gaming TV Z670. As the OFFICIAL TV OF UEFA EURO 2024™, Toshiba TVs present immersive viewing of the football game by their AI-powered TV lineup. To celebrate the brilliant moments it can bring, Toshiba TV are gifting USD100 Amazon Gift Card via their social platform! By simply like, follow and comment on @ToshibaTVGlobal, fans can boost their chances of scoring this prize.

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The Toshiba REGZA Engine ZRi in Z670 transports football fans into the heart of the action. With the AI Football Mode, they’ll be able to see fast-moving objects crystal clear and football field actions much enriched. To see their favourite player score that winning goal, the AI Picture Optimizer automatically adjusts visual contrast and precision adapted to the game. From vivid green fields and vibrant player kits, every play comes to life with AI 4K Upscaling and Quantum Dot Color, transforming lower-resolution broadcasts into near-4K quality and unleashing lifelike visual color.
Powerful Audio Effects for a Live Stadium Experience
The Toshiba TV Z670’s powerful audio system makes viewers feel like they’re right in the game. With the REGZA Bass Woofer Pro, Tru Bass Booster, and Dolby Atmos, they’ll experience heart-thumping 3D surround sound that captures the live stadium atmosphere. Whether it’s the roar of the crowd or the intensity of each play, the rich audio brings the excitement of each game right into their room.
Bringing Everyone Together for UEFA EURO 2024™
Available in sizes ranging from 55″ to 85″, Z670 is equipped with a Wide Viewing Angle and Anti-reflection features that ensures a clear picture from all viewing positions with the non-glare panel. Gather everyone for “Brilliant Every Moment” in UEFA EURO 2024™ with Toshiba TV!
Please find the high-resolution TVC here: Link
About Toshiba TV:
With 70+ years of history in TV production, Toshiba TV is known for its exquisite craftsmanship, innovative ideas and groundbreaking inventions. By prioritizing superior image quality and auditory experiences, Toshiba TV sets new standards in entertainment. Toshiba TV stems from the excellence quest of customers, providing the world with responsible products to make the world a better place. Emphasizing attention to product details and technological advancement, Toshiba TV integrates aesthetically pleasing design, quality assurance, and brand reputation to underscore its commitment to authenticity in the actual world and a sincere dedication to its consumers, showcasing Toshiba TV’s long-standing design philosophy and continuous pursuit of product quality.
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