Canada In Vitro Fertilization Market Size & Outlook
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Canada in vitro fertilization market highlights
- The Canada in vitro fertilization market generated a revenue of USD 330.9 million in 2023 and is expected to reach USD 375.1 million by 2030.
- The Canada market is expected to grow at a CAGR of 1.8% from 2024 to 2030.
- In terms of segment, fresh nondonor was the largest revenue generating procedure type in 2023.
- Frozen Nondonor is the most lucrative procedure type segment registering the fastest growth during the forecast period.
In vitro fertilization market data book summary
| Market revenue in 2023 | USD 330.9 million |
| Market revenue in 2030 | USD 375.1 million |
| Growth rate | 1.8% (CAGR from 2023 to 2030) |
| Largest segment | Fresh nondonor |
| Fastest growing segment | Frozen Nondonor |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fresh Nondonor, Frozen Nondonor, Fresh Donor, Frozen Donor |
| Key market players worldwide | Bayer AG, Cook Medical, Merck KGaA, Ferring, FUJIFILM Holdings Corp, Genea Biomedx, Merck & Co Inc, The Cooper Companies Inc, Thermo Fisher Scientific Inc, Vitrolife AB ADR, Boston Scientific Corp, Nova IVF, Fortis Healthcare, RMA Network, TFP Fertility Group, US Fertility |
Other key industry trends
- In terms of revenue, Canada accounted for 1.3% of the global in vitro fertilization market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. in vitro fertilization market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 7,248.1 million by 2030.
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In Vitro Fertilization Market Scope
In Vitro Fertilization Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| US Fertility | View profile | 1001-5000 | Rockville, Maryland, United States, North America | https://www.usfertility.com/ |
| TFP Fertility Group | View profile | 501-1000 | Oxford, Oxfordshire, United Kingdom, Europe | https://tfp-fertility.com/ |
| RMA Network | View profile | 101-250 | Basking Ridge, New Jersey, United States, North America | https://rmanetwork.com/ |
| Fortis Healthcare | View profile | 10001+ | Gurgaon, Haryana, India, Asia | http://fortishealthcare.com |
| Nova IVF | View profile | 11-50 | Mountain View, California, United States, North America | https://www.novaivf.com |
| Ferring | View profile | 5001-10000 | Saint-prex, Vaud, Switzerland, Europe | https://www.ferring.com |
| Cook Medical | View profile | 10001+ | Bloomington, Indiana, United States, North America | http://www.cookmedical.com |
| Bayer AG | View profile | 99723 | Kaiser-Wilhelm-Allee 1, Leverkusen, NW, Germany, 51368 | https://www.bayer.com |
| Genea Biomedx | View profile | 101-250 | Sydney, New South Wales, Australia, Oceania | https://www.geneabiomedx.com |
| The Cooper Companies Inc | View profile | 15000 | 6101 Bollinger Canyon Road, Suite 500, San Ramon, CA, United States, 94583 | https://www.coopercos.com |
| Merck & Co Inc | View profile | 72000 | 126 East Lincoln Avenue, Rahway, NJ, United States, 07065 | https://www.merck.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
| FUJIFILM Holdings Corp | View profile | 83784 | 7-3, Akasaka 9-chome, Minato-ku, Tokyo, Japan, 107-0052 | http://www.fujifilmholdings.com |
| Vitrolife AB ADR | View profile | 1116 | Box 9080, Gothenburg, Sweden, 400 92 | https://www.vitrolife.com |
| Boston Scientific Corp | View profile | 48000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | https://www.bostonscientific.com |
| Merck KGaA | View profile | 62345 | Frankfurter Strasse 250, Darmstadt, HE, Germany, 64293 | https://www.emdgroup.com |
Canada in vitro fertilization market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to in vitro fertilization market will help companies and investors design strategic landscapes.
Fresh nondonor was the largest segment with a revenue share of 46.96% in 2023. Horizon Databook has segmented the Canada in vitro fertilization market based on fresh nondonor, frozen nondonor, fresh donor, frozen donor covering the revenue growth of each sub-segment from 2018 to 2030.
There has been a growing demand for IVF services in Canada, driven by factors such as delayed childbearing, increasing awareness & acceptance of fertility treatments, and advancements in technology. This has led to an expansion of IVF clinics across the country.
Furthermore, the COVID-19 pandemic had a significant negative impact on various markets, including the fertility services market in Canada. The pandemic resulted in disruptions and challenges that affected the demand for & provision of fertility treatments.
For instance, according to a report released by Statistics Canada in December 2021, the COVID-19 pandemic prompted a significant shift in the reproductive intentions of many Canadians aged 15 to 49. The report indicates that individuals in this age group have experienced a change of heart concerning their plans for having children due to the impact of the pandemic.
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Our clientele includes a mix of in vitro fertilization market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada in vitro fertilization market , including forecasts for subscribers. This country databook contains high-level insights into Canada in vitro fertilization market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada in vitro fertilization market size, by procedure type, 2018-2030 (US$M)
Canada In Vitro Fertilization Market Outlook Share, 2023 & 2030 (US$M)
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