Egg Freezing Service Market:
Executive Summary
Egg freezing service refers to the extraction of woman’s eggs (oocytes) to freeze and store. It helps in preserving the reproductive potential of women. It is a new advancement in the healthcare industry and has been gaining popularity at a rapid pace. This report assesses the global egg freezing service market and identifies the potential,opportunities,and threats. It is unraveled in this study that the global market is set to reach a decent valuation, in terms of revenue, by the end of the review period. In addition, the key players are emphasizing on making the service affordable. This, in turn, is presumed to attract a more extensive customer base over the next couple of years, thus, expediting growth of the egg freezing service market.
Vitrification is one of the most crucial developments in the egg freezing process. It facilitates the elimination of ice crystals that are formed during the initial phase of the process and holds potential to destroy the eggs. This has accelerated the growth pattern of the egg freezing service market by leaps and bounds. It is also anticipated to drive the market in the coming years. The service enables a woman to postpone childbearing. The growing population of working women is likely to contribute extensively to the development of the global egg freezing service market in the forthcoming years. Increasing adoption of sophisticated technologies is anticipated to boost expansion of the egg freezing service market in the nearby future.
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The increasing industry for the donation of frozen eggs is also likely to impact the egg freezing service market favorably over the next couple of years. The augmentation of the market can be attributed to the rise in same sex couples and fertility disorders.
Market key player
CHA Medical Group, Trellis, Reproductive Biology Associates, Extend Fertility, Mayo Clinic, CREATE Fertility, SHADY GROVE, IVF Australia, FrzMyEggs, West Coast Fertility Centers, London Women’s Clinic
Market Segmentation:
On the basis of application, the egg freezing service market has been divided into 25-30 year old female and 30-40 year old female.
On the basis of type, the egg freezing service market has been bifurcated into slow freezing and rapid freezing.
Regional Analysis:
The key regional segments of the global egg freezing service market assessed in this analysis are – North America, Japan, Europe, China, Southeast Asia, India, and Central & South America. Europe. Southeast Asia, North America, and Central & South America are further analyzed on the basis of key country-level egg freezing service market. North America houses an advanced and sophisticated healthcare industry. This, in turn, is poised to attract medical tourists, thus, revolutionizing the proliferation of the egg freezing service market in the region over the next couple of years. China, India, and Japan are also poised to resonate strong growth potential. The investments in advanced healthcare technologies in these countries are anticipated to expand the egg freezing service market in the foreseeable future. Europe is an important revenue pocket and is likely to observe remarkable growth of the egg freezing service market.
Industry News:
In August 2019, CNY Fertilityhas announced the opening of its new branch, which will be entirely dedicated to providing embryo cryopreservation services and affordable egg (oocyte).
Continuous…
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