Favorable legislative actions for IVF in the nation are expected to drive market expansion during the forecast period.Inorganic operations such as partnership, acquisition, and cooperation by industry participants are likely to fuel market growth over the projection period.Boston IVF, an infertility treatment service provider, and Ohio Reproductive Medicine, an infertility facility, announced a new alliance on March 29, 2019. Furthermore, the goal of this collaboration is to improve Ohio Reproductive Medicine's purpose of providing world-class reproductive treatments and services. The greater expense of treatment in the UAE compared to other nations is viewed as a key barrier to more patients coming from overseas. Colliers' interviews with key suppliers in the UAE, however, indicate that the high success rates and quality are directly connected to large investments made in this industry, both in equipment and personnel.
According to Coherent Market Insights, the UAE IVF Drugs And Food Supplements Market is estimated to be valued at US$ 20.4 million in 2022, and is expected to exhibit a CAGR of 6.6% during the forecast period (2022-2030).
Top Companies in the Uae Ivf Drugs And Food Supplements Industry:
1. Shinelife
SHINLIFE is an insurance brokerage company that protects assets and human capital through management. Founded in 2000, headquartered in Brazil.
2. Adorefem
Adorefem ‘A Superspecialty Gynecological & Infertility Medicines Company'. Founded in 2009. Adorefem is a leading pharmaceutical company in India, catering to a wide spectrum of healthcare needs and adhering to WHO CGMP systems. The pharma products we provide to our distributors work through the ethical model. Being an ISO Certified Company, we always maintain high standards while manufacturing medicines.
3. Medibyte
Mediabyte concentrated on commercial solutions that improve business and increase customer loyalty. Founded in 2007, headquartered in Peru.
4. Abbott
Abbott Laboratories, together with its subsidiaries, discovers, develops, manufactures, and sells health care products worldwide. It operates in four segments: Established Pharmaceutical Products, Diagnostic Products, Nutritional Products, and Medical Devices. Abbott Laboratories was founded in 1888 and is based in North Chicago, Illinois.
5. Zydus
Zydus Lifesciences Limited engages in the research, development, production, marketing, distribution, and sale of pharmaceutical products in India, the United States, Europe, Latin America, the Asia Pacific, and Africa. The company operates in Pharmaceuticals and Consumer Products segments. Zydus Lifesciences Limited was founded in 1952 and is based in Ahmedabad, India.
6. Takeda Pharmaceutical Company Limited
Takeda Pharmaceutical Company Limited engages in the research, development, manufacture, marketing, and out-licensing of pharmaceutical products in Japan, the United States, Europe, Canada, Latin America, Russia, rest of Asia, and internationally. It also has research collaboration and licensing agreement with Crescendo Biologics, Code Bio, Immusoft, Poseida Therapeutics, Selecta Biosciences, BridGene Biosciences, Skyhawk Therapeutics, and StrideBio; and strategic alliances with Egle Therapeutics SAS; Evotec SE; Neurocrine Biosciences, Inc.; Carmine Therapeutics; KSQ Therapeutics; and Anima Biotech. Takeda Pharmaceutical Company Limited was founded in 1781 and is headquartered in Tokyo, Japan.
7. Merck KGaA
Merck KGaA, Darmstadt, Germany is a science and technology company, operates across healthcare, life science and electronics. Founded in 1668, headquartered in Hessen, Germany.
8. Ferring B.V.
Ferring B.V. operates as a biopharmaceutical company. The Company discovers and markets medicines for unwanted childlessness, safe delivery, nycturia, gastrointestinal and growth disorders, bedwetting, and prostate cancer treatment. Ferring serves patients worldwide. Founded in 1950, headquartered in Switzerland.
*Definition- VF is a sort of assisted reproduction technique in which the reproductive system of a woman is artificially stimulated to produce oocytes, which are subsequently extracted, fertilised in a lab, and implanted in the uterus.
