In Vitro Fertilization Market Projected for Substantial Growth by 2031
The global in vitro fertilization (IVF) market is projected to grow from USD 30.90 billion in 2026 to USD 45.90 billion by 2031. This expansion is driven by rising infertility rates and advancements in assisted reproductive technologies.
The global in vitro fertilization (IVF) market is set for substantial growth over the 2026-2031 forecast period, according to a report by Mordor Intelligence. The market size is expected to increase from USD 30.90 billion in 2026 to USD 45.90 billion by 2031, reflecting a compound annual growth rate of 8.28 percent.
The primary drivers behind this projected expansion include escalating rates of infertility worldwide and ongoing technological advancements in assisted reproductive technologies (ART). These developments are leading to more effective and accessible IVF treatments.
While North America and Europe currently represent the largest market shares, the Asia-Pacific region is anticipated to experience the most rapid growth due to evolving technology and decreasing treatment costs.
The market encompasses the equipment, drugs, and services utilized in IVF procedures. The increasing demand for fertility treatments is underpinning this growth, as more individuals and couples seek assistance in starting families.