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VITRIFICATION MARKET Challenges and Opportunities

Vitrification Market, By Product Type (Vitrification Solutions, Vitrification Equipment, and Other Related Products), By Application (In Vitro Fertilization (IVF), Stem Cell Preservation, and Other Applications), By End User (Fertility Clinics, Hospitals and Diagnostic Centers, Research Institutes, Biobanks, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

  • Published In : Feb 2025
  • Code : CMI7576
  • Pages :165
  • Formats :
      Excel and PDF
  • Industry : Pharmaceutical
Market Challenge - High costs associated with vitrification procedures

One of the major challenges faced by the global vitrification market is the high costs associated with vitrification procedures. Vitrification is an expensive process involving sophisticated equipment and freezing at an extremely rapid rate which drives up overall costs. Additionally, the ongoing maintenance and servicing of specialized cryopreservation equipment required for vitrification also contributes significantly to costs. This high cost of treatment acts as a barrier for many patients and prevents the widespread adoption of vitrification techniques.

Market Opportunity - Growing investments in fertility clinics and reproductive health

There is a significant opportunity for growth in the global vitrification market owing to growing investments in fertility clinics and focus on reproductive health. In recent years, private equity investors have been pouring funding into fertility clinic chains, acknowledging it as a profitable sector. The popularity of vitrification is also on the rise as it offers better survival and pregnancy rates compared to slow freezing techniques. 

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