Global Egg Freezing Services Market By Type (Social, Medical) By Process (Flash Freezing, Slow freezing) By Age Group (18 to 24, 25 to 33, 34 to 40, Above 40) By Stages (Cleavage Stage, Blastocyst Stage) By Region (North America (U.S., Canada, Mexico, Rest Of North America), Europe (France, The UK, Spain, Germany, Italy, Denmark, Finland, Iceland, Sweden, Norway, Belgium, The Netherlands, Luxembourg, Rest of Europe), Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia, Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia, Rest of Asia Pacific, Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa) Latin America (Brazil, Argentina, Rest of Latin America)) - Global Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2023 – 2031
Industry Trends
Global Egg Freezing Services Market is Projected to Reach CAGR of ~ 6.7% over the Forecast Period (2023- 2031).
As women age, the amount and quality of their eggs decrease, as do their chances of becoming pregnant. Egg freezing, also known as oocyte cryopreservation, is a form of fertility preservation technique used by women who want to save part of their eggs for future usage. This is accomplished by activating a woman's ovaries using IVF medicines, extracting these eggs, freezing them to sub-zero temperatures to preserve them, and storing them in a lab.
Factors Supporting the Growth of Global Egg Freezing Services Market:
Changing Social Dynamics: Societal shifts, including changes in gender roles, evolving family structures, and increased focus on personal and professional goals, have led to a growing demand for fertility preservation options. Egg freezing provides individuals with the opportunity to extend their reproductive timeline and exercise greater control over their family planning decisions.
Technological Advancements and Improvements in Assisted Reproductive Technologies have significantly enhanced the success rates of egg freezing and subsequent fertility treatments. These advancements have instilled greater confidence in the effectiveness of the procedure, leading to increased demand for egg freezing services.
According to research and data gathered by Absolute Markets Insights, freezing eggs as early as 18 to 24 and 25 to 33 years, provides women a good chance of producing a healthy kid later in life. The best time to freeze eggs is before the age of 35, because the number and quality of eggs decrease dramatically beyond that age. When compared to five years ago, the average age of women choosing for egg freezing is now 30-35 years, up from 38-40 years. Egg freezing procedure is completely safe and the egg may be kept frozen for as long as desired. With the progress of oocyte freezing methods, it is no longer in the experimental stage. According to the most recent statistics, it is a well-established practice with a satisfactory pregnancy success rate, and its use has been expanded to fertility preservation and social freezing. According to statistics based on fertility clinic data, the survival rate of frozen oocytes is 95%, the fertilization rate is 85.3%, and the pregnancy rate is 68.75%, between the age25 to 33. Thus, with on-going innovations and advancements in technologies women across various age groups are highly considering egg freezing leading to the rise in demand for egg freezing services market globally.
Global Egg Freezing Services Market Revenue & Forecast, (US$ Million), 2015 – 2031
North America had the highest share in the egg freezing services market in 2022. Many American women who want to have children are postponing having them by freezing their eggs, which looks to be a magical cure that allows them to choose motherhood on their own terms. The number of egg-freezing cycles reported by SART-member clinics increased by more than 38% as compared to previous years. North American region has generally exhibited higher levels of awareness and acceptance of egg freezing compared to other regions. There has been a growing recognition of egg freezing as a viable option for fertility preservation, driven by factors such as delayed childbearing, increased female empowerment, and improved societal support for reproductive autonomy. The region's advanced healthcare infrastructure and well-established fertility clinics and centers provide access to comprehensive reproductive services, including egg freezing. These facilities often offer state-of-the-art laboratories, experienced reproductive specialists, and a range of supportive services, attracting individuals seeking egg freezing services. Additionally, the presence of clear guidelines and regulations instills confidence in both patients and healthcare providers, facilitating the growth of the egg freezing services market.
The European region is also proven to be a viable option for egg freezing services market. In Europe, particularly the United Kingdom, the number of women electing to freeze their eggs is increasing. Even during the epidemic, reproductive clinics saw a significant increase in the number of women requesting egg preservation. For women looking to freeze their eggs in Europe, Czech Republic has proven to be a cost-effective choice. Its reduced cost and closeness to other countries makes it an appealing option for many. Despite certain legal constraints, there has been an increase in the number of new clinics offering elective freezing programmes. All clinics are regulated and must adhere to European Society of Human Reproduction and Embryology (ESHRE) rules. Furthermore, awareness and acceptance of egg freezing as a viable fertility preservation option have been increasing in Europe. Educational campaigns, media coverage, and improved understanding of the procedure have contributed to the acceptance and uptake of egg freezing services market in the region.
Competitive Landscape
The report provides both, qualitative and quantitative research of global egg freezing services market, as well as provides comprehensive insights and development methods adopted by the key contenders. The report also offers extensive research on the key players in this market and details on the competitiveness of these players. Key business strategies such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts adopted by these major market participants are also recognized and analysed in the report. For each company, the report studies their global presence, competitors, service offerings and specification amongst others.
Some of the players operating in the global egg freezing services market are
- Boca Fertility
- CK Birla Healthcare Pvt. Ltd.
- EVOLVE Egg Freezing
- Extend Fertility LLC.
- Grace Fertility
- HCA International Limited.
- Ice Fertility
- IVFLA FERTILITY’
- Jetanin Hospital’
- King’s Fertility Limited
- NOW-fertility
- Rhea Healthcare Private Limited
- The Agora Clinic
- The London Women's Clinic
- Vishvas Fertility
- Zoi Fertility
- Other Industry Participants
Global Egg Freezing Services Market:
By Type
- Social
- Medical
By Process
- Flash freezing
- Slow freezing
By Age Group
- 18 to 24
- 25 to 33
- 34 to 40
- Above 40
By Stages
- Cleavage stage
- Blastocyst stage
By Region
- North America (U.S., Canada, Mexico, Rest of North America)
- Europe (France, The UK, Spain, Germany, Italy, Nordic Countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, The Netherlands, Luxembourg), Rest of Europe
- Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, Rest of Southeast Asia), Rest of Asia Pacific
- Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest of Middle East & Africa)
- Latin America (Brazil, Argentina, Rest of Latin America)
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