Vitrification Market SWOT Analysis by 2031
Vitrification is a cryopreservation technique that leads to a glass-like solidification. Oocyte, zygote, embryo, and blastocyst are frozen by the vitrification method for cryopreservation. Most IVF clinics use this method to freeze the eggs/embryos and deliver a higher success rate to patients.
MARKET DYNAMICS
The rising infertility rate and increasing awareness of reproductive health have driven the Vitrification Market. Also, preserving biospecimens has become a common trend among consumers to avoid the subsequent consequences of delayed childbearing. On the other hand, ethical concerns about preserving eggs and sperms have hampered the market growth significantly.
MARKET SCOPE
The "Vitrification Market Analysis to 2031" is a specialized and in-depth study of the biotechnology industry with a special focus on the global market trend analysis. The report aims to provide an overview of vitrification market with detailed market segmentation with specimen and end user. The vitrification market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in vitrification market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The vitrification market is segmented on the basis of specimen and end user. On the basis of specimen, the vitrification market is divided into oocytes, embryo and sperm. Based on end user, the vitrification market can be segmented as ivf clinics and biobanks.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the vitrification market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The vitrification market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyses factors affecting vitrification market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the vitrification market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the vitrification market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The vitrification market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyses factors affecting vitrification market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the vitrification market in these regions.
MARKET PLAYERS
The report covers key developments in vitrification market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from vitrification market are anticipated to have lucrative growth opportunities in the future with the rising demand for vitrification in the global market. Below mentioned is the list of few companies engaged in the vitrification market.
The report also includes the profiles of key players in vitrification market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered financial information of last 3 years, key development in past five years.
- Vitrolife
- Frozen Cell
- Cryotech
- IVF Store LLC
- Fujifilm Irvine Scientific
- Biotech Inc
- Coopersurgical Fertility and Genomic Solutions
- KITAZATO CORPORATION
- IMV Technologies
- Shenzhen VitaVitro Biotech
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Vitrification Market - By By Specimen
1.3.2 Vitrification Market - By End User
1.3.3 Vitrification Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. VITRIFICATION MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. VITRIFICATION MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. VITRIFICATION MARKET - GLOBAL MARKET ANALYSIS
6.1. VITRIFICATION - GLOBAL MARKET OVERVIEW
6.2. VITRIFICATION - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. VITRIFICATION MARKET - REVENUE AND FORECASTS TO 2028 - BY SPECIMEN
7.1. OVERVIEW
7.2. BY SPECIMEN MARKET FORECASTS AND ANALYSIS
7.3. OOCYTES
7.3.1. Overview
7.3.2. Oocytes Market Forecast and Analysis
7.4. EMBRYO
7.4.1. Overview
7.4.2. Embryo Market Forecast and Analysis
7.5. SPERM
7.5.1. Overview
7.5.2. Sperm Market Forecast and Analysis
8. VITRIFICATION MARKET - REVENUE AND FORECASTS TO 2028 - END USER
8.1. OVERVIEW
8.2. END USER MARKET FORECASTS AND ANALYSIS
8.3. IVF CLINICS
8.3.1. Overview
8.3.2. IVF Clinics Market Forecast and Analysis
8.4. BIOBANKS
8.4.1. Overview
8.4.2. Biobanks Market Forecast and Analysis
9. VITRIFICATION MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Vitrification Market Overview
9.1.2 North America Vitrification Market Forecasts and Analysis
9.1.3 North America Vitrification Market Forecasts and Analysis - By By Specimen
9.1.4 North America Vitrification Market Forecasts and Analysis - By End User
9.1.5 North America Vitrification Market Forecasts and Analysis - By Countries
9.1.5.1 United States Vitrification Market
9.1.5.1.1 United States Vitrification Market by By Specimen
9.1.5.1.2 United States Vitrification Market by End User
9.1.5.2 Canada Vitrification Market
9.1.5.2.1 Canada Vitrification Market by By Specimen
9.1.5.2.2 Canada Vitrification Market by End User
9.1.5.3 Mexico Vitrification Market
9.1.5.3.1 Mexico Vitrification Market by By Specimen
9.1.5.3.2 Mexico Vitrification Market by End User
9.2. EUROPE
9.2.1 Europe Vitrification Market Overview
9.2.2 Europe Vitrification Market Forecasts and Analysis
9.2.3 Europe Vitrification Market Forecasts and Analysis - By By Specimen
9.2.4 Europe Vitrification Market Forecasts and Analysis - By End User
9.2.5 Europe Vitrification Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Vitrification Market
9.2.5.1.1 Germany Vitrification Market by By Specimen
9.2.5.1.2 Germany Vitrification Market by End User
9.2.5.2 France Vitrification Market
9.2.5.2.1 France Vitrification Market by By Specimen
9.2.5.2.2 France Vitrification Market by End User
9.2.5.3 Italy Vitrification Market
9.2.5.3.1 Italy Vitrification Market by By Specimen
9.2.5.3.2 Italy Vitrification Market by End User
9.2.5.4 Spain Vitrification Market
9.2.5.4.1 Spain Vitrification Market by By Specimen
9.2.5.4.2 Spain Vitrification Market by End User
9.2.5.5 United Kingdom Vitrification Market
9.2.5.5.1 United Kingdom Vitrification Market by By Specimen
9.2.5.5.2 United Kingdom Vitrification Market by End User
9.2.5.6 Rest of Europe Vitrification Market
9.2.5.6.1 Rest of Europe Vitrification Market by By Specimen
9.2.5.6.2 Rest of Europe Vitrification Market by End User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Vitrification Market Overview
9.3.2 Asia-Pacific Vitrification Market Forecasts and Analysis
9.3.3 Asia-Pacific Vitrification Market Forecasts and Analysis - By By Specimen
9.3.4 Asia-Pacific Vitrification Market Forecasts and Analysis - By End User
9.3.5 Asia-Pacific Vitrification Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Vitrification Market
9.3.5.1.1 Australia Vitrification Market by By Specimen
9.3.5.1.2 Australia Vitrification Market by End User
9.3.5.2 China Vitrification Market
9.3.5.2.1 China Vitrification Market by By Specimen
9.3.5.2.2 China Vitrification Market by End User
9.3.5.3 India Vitrification Market
9.3.5.3.1 India Vitrification Market by By Specimen
9.3.5.3.2 India Vitrification Market by End User
9.3.5.4 Japan Vitrification Market
9.3.5.4.1 Japan Vitrification Market by By Specimen
9.3.5.4.2 Japan Vitrification Market by End User
9.3.5.5 South Korea Vitrification Market
9.3.5.5.1 South Korea Vitrification Market by By Specimen
9.3.5.5.2 South Korea Vitrification Market by End User
9.3.5.6 Rest of Asia-Pacific Vitrification Market
9.3.5.6.1 Rest of Asia-Pacific Vitrification Market by By Specimen
9.3.5.6.2 Rest of Asia-Pacific Vitrification Market by End User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Vitrification Market Overview
9.4.2 Middle East and Africa Vitrification Market Forecasts and Analysis
9.4.3 Middle East and Africa Vitrification Market Forecasts and Analysis - By By Specimen
9.4.4 Middle East and Africa Vitrification Market Forecasts and Analysis - By End User
9.4.5 Middle East and Africa Vitrification Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Vitrification Market
9.4.5.1.1 South Africa Vitrification Market by By Specimen
9.4.5.1.2 South Africa Vitrification Market by End User
9.4.5.2 Saudi Arabia Vitrification Market
9.4.5.2.1 Saudi Arabia Vitrification Market by By Specimen
9.4.5.2.2 Saudi Arabia Vitrification Market by End User
9.4.5.3 U.A.E Vitrification Market
9.4.5.3.1 U.A.E Vitrification Market by By Specimen
9.4.5.3.2 U.A.E Vitrification Market by End User
9.4.5.4 Rest of Middle East and Africa Vitrification Market
9.4.5.4.1 Rest of Middle East and Africa Vitrification Market by By Specimen
9.4.5.4.2 Rest of Middle East and Africa Vitrification Market by End User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Vitrification Market Overview
9.5.2 South and Central America Vitrification Market Forecasts and Analysis
9.5.3 South and Central America Vitrification Market Forecasts and Analysis - By By Specimen
9.5.4 South and Central America Vitrification Market Forecasts and Analysis - By End User
9.5.5 South and Central America Vitrification Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Vitrification Market
9.5.5.1.1 Brazil Vitrification Market by By Specimen
9.5.5.1.2 Brazil Vitrification Market by End User
9.5.5.2 Argentina Vitrification Market
9.5.5.2.1 Argentina Vitrification Market by By Specimen
9.5.5.2.2 Argentina Vitrification Market by End User
9.5.5.3 Rest of South and Central America Vitrification Market
9.5.5.3.1 Rest of South and Central America Vitrification Market by By Specimen
9.5.5.3.2 Rest of South and Central America Vitrification Market by End User
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. VITRIFICATION MARKET, KEY COMPANY PROFILES
11.1. VITROLIFE
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. FROZEN CELL
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. CRYOTECH
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. IVF STORE LLC
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. FUJIFILM IRVINE SCIENTIFIC
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. BIOTECH INC
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. COOPERSURGICAL FERTILITY AND GENOMIC SOLUTIONS
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. KITAZATO CORPORATION
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. IMV TECHNOLOGIES
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SHENZHEN VITAVITRO BIOTECH
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Vitrolife
2. Frozen Cell
3. Cryotech
4. IVF Store LLC
5. Fujifilm Irvine Scientific
6. Biotech Inc
7. Coopersurgical Fertility And Genomic Solutions
8. KITAZATO CORPORATION
9. IMV Technologies
10. Shenzhen VitaVitro Biotech
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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