South Korea In Vitro Fertilization Market Size & Outlook
Global Market
Related Markets
South Korea in vitro fertilization market highlights
- The South Korea in vitro fertilization market generated a revenue of USD 904.9 million in 2025 and is expected to reach USD 1,501.4 million by 2033.
- The South Korea market is expected to grow at a CAGR of 6.37% from 2026 to 2033.
- In terms of segment, frozen nondonor was the largest revenue generating procedure type in 2025.
- Fresh Donor 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 2025 | USD 904.9 million |
| Market revenue in 2033 | USD 1,501.4 million |
| Growth rate | 6.37% (CAGR from 2026 to 2033) |
| Largest segment | Frozen nondonor |
| Fastest growing segment | Fresh Donor |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| 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, South Korea accounted for 3.1% of the global in vitro fertilization market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, Japan in vitro fertilization market is projected to lead the regional market in terms of revenue in 2033.
- Thailand is the fastest growing regional market in Asia Pacific and is projected to reach USD 992.1 million by 2033.
South Korea is known for its advanced medical technology and infrastructure, which includes advanced fertility clinics equipped with modern facilities and skilled medical professionals. These clinics offer a wide range of fertility treatments, including IVF, to address various infertility issues.
The price can vary depending on factors such as the condition of the woman and her partner, the specific protocol recommended by the fertility clinic, and the inclusion of optional tests like Preimplantation Genetic Diagnosis (PGD) Or Preimplantation Genetic Screening (PGS).
South Korea currently has the lowest birth rate per woman in the world. The fertility rate, which represents the average number of children born to a woman over her reproductive lifespan, was recorded at only 0.81 in the country in 2021.
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In Vitro Fertilization Market Scope
In Vitro Fertilization Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Merck KGaA | View profile | 62,345 | Frankfurter Strasse 250, Darmstadt, HE, Germany, 64293 | www.emdgroup.com |
| Boston Scientific Corp | View profile | 48,000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | www.bostonscientific.com |
| Vitrolife AB ADR | View profile | 1,116 | Box 9080, Gothenburg, Sweden, 400 92 | www.vitrolife.com |
| FUJIFILM Holdings Corp | View profile | 83,784 | 7-3, Akasaka 9-chome, Minato-ku, Tokyo, Japan, 107-0052 | www.fujifilmholdings.com |
| Thermo Fisher Scientific Inc | View profile | 122,000 | 168 Third Avenue, Waltham, MA, United States, 02451 | www.thermofisher.com |
| Merck & Co Inc | View profile | 72,000 | 126 East Lincoln Avenue, Rahway, NJ, United States, 07065 | www.merck.com |
| The Cooper Companies Inc | View profile | 15,000 | 6101 Bollinger Canyon Road, Suite 500, San Ramon, CA, United States, 94583 | www.coopercos.com |
| Genea Biomedx | View profile | 101-250 | Sydney, New South Wales, Australia, Oceania | www.geneabiomedx.com |
| Bayer AG | View profile | 99,723 | Kaiser-Wilhelm-Allee 1, Leverkusen, NW, Germany, 51368 | www.bayer.com |
| Cook Medical | View profile | 10001+ | Bloomington, Indiana, United States, North America | www.cookmedical.com |
South Korea 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 Outlook will help companies and investors design strategic landscapes.
Frozen Nondonor was the largest segment with a revenue share of 52.58% in 2025.
Horizon Databook has segmented the South Korea in vitro fertilization market based on fresh nondonor, frozen nondonor, fresh donor, frozen donor covering the revenue growth of each sub-segment from 2021 to 2033.
South Korea is known for its advanced medical technology and infrastructure, which includes advanced fertility clinics equipped with modern facilities and skilled medical professionals. These clinics offer a wide range of fertility treatments, including IVF, to address various infertility issues.
The price can vary depending on factors such as the condition of the woman and her partner, the specific protocol recommended by the fertility clinic, and the inclusion of optional tests like Preimplantation Genetic Diagnosis (PGD) Or Preimplantation Genetic Screening (PGS).
South Korea currently has the lowest birth rate per woman in the world. The fertility rate, which represents the average number of children born to a woman over her reproductive lifespan, was recorded at only 0.81 in the country in 2021.
- South Korea In Vitro Fertilization Market Procedure Type Outlook (Revenue, USD Million , 2021-2033)
- Fresh Nondonor
- Frozen Nondonor
- Fresh Donor
- Frozen Donor
- South Korea In Vitro Fertilization Market Providers Outlook (Revenue, USD Million , 2021-2033)
- Fertility Clinics
- Hospitals and Other Settings
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea In Vitro Fertilization Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea In Vitro Fertilization Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
South Korea In Vitro Fertilization Market, 2021-2033 (US$M)
South Korea in vitro fertilization market statistics, by procedure type, 2021-2033 (US$M)
