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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.

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:

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:

  • 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

    • 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

    • VF 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

Region & Counties Covered • North America

    • U.S.

    • Canada

    • Mexico

• Europe

    • U.K

    • France

    • Germany

    • Italy

    • Spain

    • Rest Of Europe

• Asia Pacific

    • China

    • Japan

    • India

    • South Korea

    • South East Asia

    • Rest Of Asia Pacific

• Latin America

    • Brazil

    • Argentina

    • Rest Of Latin America

• Middle East & Africa

    • GCC Countries

    • South Africa

    • Rest Of Middle East & Africa

Companies Covered • 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)

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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Wego and Tourism Authority of Thailand Partner for The Fourth Consecutive Year, Showcasing the Beauty of Thailand

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DUBAI, UAE, April 25, 2024 /PRNewswire/ — Wego, the largest online travel marketplace in the Middle East and North Africa (MENA), is thrilled to announce its continued partnership with the Tourism Authority of Thailand (TAT) for the fourth consecutive year, showcasing the unparalleled beauty and charm of Thailand as a premier travel destination.

 
 
Building upon the success of their previous collaborations, Wego and the Tourism Authority of Thailand are once again teaming up to promote Thailand’s diverse attractions, rich culture, and breathtaking landscapes to travelers worldwide. Through this strategic partnership, Wego aims to inspire travelers to explore the wonders of Thailand and experience its unique blend of tradition and modernity.
Over the past campaigns, Wego and the Tourism Authority of Thailand have successfully amplified Thailand’s appeal as a top travel destination, reaching millions of travelers and driving significant interest in visiting the country. From its pristine beaches and vibrant cities to its lush jungles and cultural heritage sites, Thailand offers an array of experiences that cater to every traveler’s preferences.
“We are delighted to continue our partnership with the Tourism Authority of Thailand for the fourth consecutive campaign,” said Mamoun Hmedan, Chief Business Officer, Wego. “Thailand is a beloved destination for travelers worldwide, and we are committed to showcasing its beauty and diversity through our platform. Together with the Thailand Tourism Board, we look forward to inspiring even more travelers to explore all that Thailand has to offer.”
The success of the previous campaigns underscores the effectiveness of Wego and the Thailand Tourism Board’s collaborative efforts in promoting Thailand as a must-visit destination. By leveraging Wego’s extensive reach and innovative marketing capabilities, the partnership aims to further elevate Thailand’s profile and attract more travelers to experience the magic of the Land of Smiles.
“We are thrilled to continue our partnership with Wego for the fourth campaign,” said Mr. Chaiwat Tamthai, Director of TAT Dubai office. “Thailand offers an unparalleled travel experience, from its stunning beaches and vibrant cities to its rich cultural heritage. Through our collaboration with Wego, we are excited to showcase the beauty of Thailand to travelers in the MENA region and invite them to discover the wonders of our country.”
As travelers seek unforgettable experiences and breathtaking landscapes, Wego and the Tourism Authority of Thailand are committed to showcasing Thailand’s unique charm and allure, inviting travelers to embark on an unforgettable journey to this enchanting destination.
About Wego
Wego provides award-winning travel search websites and top-ranked mobile apps for travelers living in the Asia Pacific and the Middle East regions. Wego harnesses powerful yet simple to use technology that automates the process of searching and comparing results from hundreds of airlines, hotels, and online travel agency websites.
Wego presents an unbiased comparison of all travel products and prices offered in the marketplace by merchants, both local and global, and enables shoppers to quickly find the best deal and place to book whether it is from an airline or hotel directly or with a third-party aggregator website.
Wego was founded in 2005 and is dual headquartered in Dubai and Singapore with regional operations in Bangalore, Riyadh, Cairo, Lahore, and Kuala Lumpur.
 
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Building Energy Management Systems Market Projected to Reach $67.69 billion by 2030 – Exclusive Report by 360iResearch

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PUNE, India, April 24, 2024 /PRNewswire/ — The report titled “Building Energy Management Systems Market by Component (Hardware, Services, Software), Type (Integrated Building Energy Management Systems, Standalone Building Energy Management Systems), Application, Deployment Mode, End-Use – Global Forecast 2024-2030” is now available on 360iResearch.com’s offering, presents an analysis indicating that the market projected to grow from a size of $34.52 billion in 2023 to reach $67.69 billion by 2030, at a CAGR of 10.09% over the forecast period.

 
“Revolutionizing Energy Efficiency Globally With The Evolution of Building Energy Management Systems (BEMS)”
In an era where energy conservation and efficiency have become paramount, building energy management systems (BEMS) are at the forefront of this transformation, offering solutions that monitor, control, and optimize energy usage within buildings. These advanced systems, leveraging real-time data analytics, automate energy control, enhance energy savings, reduce costs, and contribute to a greener planet. Primarily utilized in commercial spaces, residential areas, and industrial sectors, BEMS has a broad application scope, covering HVAC, lighting, and security systems. Factors driving the expansion of the BEMS market include escalating energy expenses, heightened awareness of environmental impacts, and the increasing incorporation of Internet of Things (IoT) and cloud-based technologies, coupled with supportive government initiatives promoting energy-efficient infrastructures. Although challenges such as high initial costs and technology integration barriers exist, the advent of AI and IoT technologies within BEMS heralds a future of predictive energy management and remote operational capabilities, with a growing emphasis on integrating renewable energy sources. Regions such as the United States, Canada, the European Union, and emerging economies such as China and India are witnessing significant growth in BEMS adoption, spurred by regulatory policies and a shift towards sustainable building practices. This global movement toward BEMS signals a step toward reducing carbon footprints and highlights the collective effort to embrace technology for a sustainable future.
Download Sample Report @ https://www.360iresearch.com/library/intelligence/building-energy-management-systems
“Harnessing Energy Management for Sustainability and Efficiency”
Data centers are pivotal infrastructures in the digital transformation era, consuming up to 50 times more energy than typical commercial spaces. This energy demand positions data centers as key contributors to the U.S.’s overall electricity consumption. Recognizing this, implementing building energy management systems (BEMS) is crucial in mitigating the environmental impact and operational costs associated with data centers. BEMS optimizes cooling systems to prevent equipment overheating, thereby enhancing energy efficiency by leveraging real-time data. Such systems reduce the power usage effectiveness (PUE) ratio, highlighting a move toward more sustainable consumption patterns and ensuring data centers’ operational continuity. Integrating seamlessly with existing infrastructure, BEMS offers a comprehensive approach to energy management, enabling more innovative cooling, efficient power usage, and predictive maintenance. This transition highlights a commitment to environmental responsibility and fosters operational efficiency, setting a new standard for data center operations worldwide.
“Revolutionizing Building Efficiency With Advanced Energy Management Systems Optimized Usage”
In push toward sustainability, building energy management systems (BEMS) stands at the forefront of innovation, integrating sophisticated hardware such as sensors, actuators, controllers, and more to manage and reduce energy consumption in buildings meticulously. These systems work in concert to monitor environmental conditions and adjust heating, ventilation, and air conditioning (HVAC) settings in real time, leading to significant energy savings. BEMS provides valuable data that helps identify savings opportunities, while networking tools ensure seamless communication between devices by precisely tracking energy flow through meters. Servers process vast amounts of data, enabling detailed analysis and actionable insights to refine energy use further. Additionally, comprehensive services, including customized consultations and dedicated support, ensure that each BEMS is tailored to a building’s unique needs, providing efficient operation and extended system longevity. BEMS exemplifies the strategic shift toward more sustainable and operationally excellent building management through the collaborative synergy of hardware, software, and expert services.
Request Analyst Support @ https://www.360iresearch.com/library/intelligence/building-energy-management-systems
“Schneider Electric SE at the Forefront of Building Energy Management Systems Market with a Strong 13.97% Market Share”
The key players in the Building Energy Management Systems Market include Schneider Electric SE, Honeywell International Inc., Azbil Corporation, Emerson Electric Co., Johnson Controls International PLC, and others. These prominent players focus on strategies such as expansions, acquisitions, joint ventures, and developing new products to strengthen their market positions.
“Introducing ThinkMi: Revolutionizing Market Intelligence with AI-Powered Insights for the Building Energy Management Systems Market”
We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the Building Energy Management Systems Market. ThinkMi stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, ThinkMi is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it’s a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive Building Energy Management Systems Market. Embrace the future of market analysis with ThinkMi, where informed decisions lead to remarkable growth.
Ask Question to ThinkMi @ https://app.360iresearch.com/library/intelligence/building-energy-management-systems
“Dive into the Building Energy Management Systems Market Landscape: Explore 180 Pages of Insights, 566 Tables, and 26 Figures”
PrefaceResearch MethodologyExecutive SummaryMarket OverviewMarket InsightsBuilding Energy Management Systems Market, by ComponentBuilding Energy Management Systems Market, by TypeBuilding Energy Management Systems Market, by ApplicationBuilding Energy Management Systems Market, by Deployment ModeBuilding Energy Management Systems Market, by End-UseAmericas Building Energy Management Systems MarketAsia-Pacific Building Energy Management Systems MarketEurope, Middle East & Africa Building Energy Management Systems MarketCompetitive LandscapeCompetitive PortfolioInquire Before Buying @ https://www.360iresearch.com/library/intelligence/building-energy-management-systems
Related Reports:
Home Energy Management System Market – Global Forecast 2024-2030Energy Management System Market – Global Forecast 2024-2030Intelligent Building Automation Technologies Market – Global Forecast 2024-2030About 360iResearch
Founded in 2017, 360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset — our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
Contact 360iResearchMr. Ketan Rohom360iResearch Private Limited,Office No. 519, Nyati Empress,Opposite Phoenix Market City,Vimannagar, Pune, Maharashtra,India – 411014.Email: [email protected]: +1-530-264-8485India: +91-922-607-7550
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Terra Drone, Unifly, and Aloft Launch UTM Development for AAM Targeting Global Markets

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TOKYO, April 25, 2024 /PRNewswire/ — Terra Drone Corporation, a leading drone and Advanced Air Mobility (AAM) technology provider headquartered in Japan, announced today the launch of joint development with its Group companies Unifly NV (“Unifly”) and Aloft Technologies Inc. (“Aloft”) focused on UAS Traffic Management (UTM) for AAMs targeting global markets. Terra Drone has been making strides in its pioneering UTM business via strategic investments in Unifly, a leading UTM technology provider based in Belgium, and Aloft, which has the top UTM market share in the U.S. This collaboration marks the world’s first-ever joint UTM development for AAMs by multiple companies with extensive track records in UTM implementation and operation.

The three companies pursue joint UTM development to capitalize on the rapid global progress in electric vertical take-off and landing aircrafts (eVTOLs), set to revolutionize transportation. Morgan Stanley forecasts the Urban Air Mobility (UAM) market to reach $1 trillion by 2040 and $9 trillion by 2050 (1), with eVTOLs gaining global recognition through test flights and prototype showcases.
The companies proudly announce initiatives to enhance their existing UTM platforms in anticipation of the surge in eVTOL aircraft and drone activities. The shared vision for the UTM platform is to enable safe and efficient flight operations for eVTOLs and drones in the foreseeable future.
Recognizing the evolving needs of the AAM industry, they are dedicated to extending their platform by incorporating crucial additional functions. These enhancements, designed with automation at their core, aim to streamline operational efficiencies and pave the way for the integration of their increasingly automated UTM technology into the design and operational framework of AAMs. Through these efforts, they aim to set new standards in UTM and to facilitate the seamless integration of eVTOLs and drones into the national airspace, bolstering the potential for the AAM industry.
Through this initiative, they aim to build a global UTM infrastructure that kickstarts the AAM industry worldwide, creating a cohesive ecosystem that supports AAM growth and addresses broader challenges of urban mobility, sustainability, and air traffic safety.
Notes to Editor:
Research by Morgan Stanley in a report titled “eVTOL/Urban Air Mobility TAM Update: A Slow Take-Off, But Sky’s the Limit” https://advisor.morganstanley.com/the-busot-group/documents/field/b/bu/busot-group/Electric%20Vehicles.pdf] 
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