What is the size of the Global In Vitro Fertilization Banking Services Market?

The Global In Vitro Fertilization Banking Services Market was estimated to be worth USD 4.5 Billion in 2022 and is projected to reach a value of USD 9.86 Billion by 2030, growing at a CAGR of 10.3% during the forecast period 2023-2030.

What is In Vitro Fertilization Banking?

An egg and sperm are united in vitro (literally, "in glass") during the fertilization procedure known as in vitro fertilization (IVF). The procedure entails monitoring and promoting ovulation in a woman, taking an ova or ovum (egg or eggs) from her ovaries, and allowing sperm to fertilize the egg or eggs in a culture medium in a lab.

What are the factors driving the Global In Vitro Fertilization Banking Services Market?

Cancer Treatments May Affect Fertility Rate and the prevalence of infertility throughout the world are the driving factors of the Global In Vitro Fertilization Banking Services Market.