Fertility Clinics Segment to Dominate the Saudi Arabia In-Vitro Fertilization (IVF) Market till 2026

By | August 24, 2021
Saudi Arabia In-Vitro Fertilization Market - TechSci Research

Growing prevalence of PCOS and increasing affordability for fertility treatment is expected to drive the Saudi Arabia In-Vitro Fertilization (IVF) market throughout the forecast period.

According to TechSci Research report, Saudi Arabia In-Vitro Fertilization (IVF) Market By Technique (ICSI IVF v/s Non-ICSI/ Traditional IVF) By Product (IVF Culture Media, ICSI Machine, IVF Incubators, Cryosystem, Others) By Donor (Fresh Non-donor, Frozen Non-donor, Fresh Donor, Frozen Donor) By Infertility (Male v/s Female) By Embryo (Fresh Embryo v/s Frozen-thawed Embryo) By End User (Fertility Clinics, Hospitals, Others) By Region, Company Forecast & Opportunities, 2026”, the Saudi Arabia In-Vitro Fertilization (IVF) market is expected to grow at a steady rate during the forecast period. In-Vitro Fertilization is also known as assisted reproductive technology is the process that involves collecting sperm and egg to implant them in the uterus from the partners or known or unknown people. These eggs are made to fertilize using laboratory reagents & media, and instruments and the fertilized eggs are implanted into the uterus for further development of the child.

Technological advancements of contraceptive techniques which are impeding the chances of contraception in people are fueling the demand for In-Vitro Fertilization in Saudi Arabia. Also, the rise in women prioritizing careers over starting a family and late marriages of people is paving the way for the growth of contraceptive technology centers. The chances of conceiving decreases with the growing age of women and are more prone to health problems relating to pregnancy thus the chances of miscarriage, fetal abnormalities, preterm delivery, and prolonger labor, among other problems that rise which adversely affect the chance to get pregnant.

The occurrence of COVID-19 outbreak across the world which has been declared as a pandemic by World Health Organization has affected several countries adversely. Leading authorities in Saudi Arabia imposed lockdown restrictions and released a set of precautionary measures to contain the spread of novel coronavirus. Coronavirus-affected patients started suffering from shortness of breath along with coughing and sneezing. Leading authorities increased the capacity of hospitals as a greater number of patients were getting affected daily and getting admitted into the hospital facilities. Hospitals focused on providing treatment to COVID affected patients and put all resources in treating the patients suffering from coronavirus, which is the major reason for people postponing the visit to the healthcare facilities for other non-essential problems which negatively affected the In-Vitro Fertilization market.

However, the lack of technical experts and high cost associated with the adoption of this procedure may pose a challenge in the growth of the Saudi Arabia In-Vitro Fertilization (IVF) market.

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Saudi Arabia In-Vitro Fertilization (IVF) market is segregated into technique, product, donor, infertility, embryo, end user, regional distribution, and company. Based on product, the market can be divided into IVF culture media, ICSI machine, IVF incubators, cryosystem, and others. The IVF culture media product segment is expected to account for major market share in the forecast period, 2022-2026. High-end investments by the market players and the rise in research and development activities are the driving factor for this segment.

Based on embryo, the market can be bifurcated into fresh embryo and frozen-thawed embryo. The fresh embryo segment is expected to dominate the market for the next five years owing to the high success rate for this procedure. Also, this procedure can be performed even in complicated cases which is another significant factor fueling the growth of this segment. Based on technique, the market can be divided into ICSI IVF and non-ICSI/ traditional IVF. The ICSI IVF technique segment is expected to hold lion’s share in the next five years as it has better fertilization chances and the facility of minimization of multi-nucleation as only one sperm and one egg are involved.

Dr. Sulaiman Alhabib Medical Group, HealthPlus Fertility & Women’s Health Center, Dr. Samir Abbas Medical Centers, Dr. Khalid Idriss Hospital, KKUH – Assisted Conception Unit, King Faisal Specialist Hospital, Saad Hospital IVF Center, Al Manaa General Hospital IVF Unit, Thuriah Medical Center, Bnoon Medical Center, among others are some of the leading players operating in Saudi Arabia In-Vitro Fertilization (IVF) market. Companies operating in the market are using strategies such as joint ventures, product launches, mergers, and research collaborations to boost their share and increase their geographic reach.

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“Market players are investing huge amounts for technological advancement of the existing fertility infrastructure and incorporate ways to increase the success rate of fertility through the In-Vitro Fertilization method. To boost the fertility rate in these centers, technologies such as Testicular Sperm Extraction are introduced along with the adoption of emerging technology like artificial intelligence which helps in analyzing and monitoring the patients is boosting the demand for In-Vitro Fertilization market. Also, the rising awareness and the decline in the stigma relating to the adoption of In-Vitro Fertilization treatment as a fertility option are the other significant factors contributing to propel the market growth till 2026” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Saudi Arabia In-Vitro Fertilization (IVF) Market By Technique (ICSI IVF v/s Non-ICSI/ Traditional IVF) By Product (IVF Culture Media, ICSI Machine, IVF Incubators, Cryosystem, Others) By Donor (Fresh Non-donor, Frozen Non-donor, Fresh Donor, Frozen Donor) By Infertility (Male v/s Female) By Embryo (Fresh Embryo v/s Frozen-thawed Embryo) By End User (Fertility Clinics, Hospitals, Others) By Region, Company Forecast & Opportunities, 2026”, has evaluated the future growth potential of Saudi Arabia In-Vitro Fertilization (IVF) market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia In-Vitro Fertilization (IVF) market.

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