Water Soluble Fertilizers Market Key Players and Growth Opportunities Analysis by 2024

The global water soluble fertilizers market size is expected to reach USD 22.0 billion by 2024, at a registering a CAGR of 6.5% over the forecast period, according to a new report by Grand View Research, Inc. Rising demand for the product as they improve crop quality and increases crop production output significantly will augment market growth over the forecast period. Increasing crop production in countries including China, India, the U.S., Indonesia, Brazil, Japan and Mexico on account of growing population will drive industry size over the next eight years. Decreasing availability of arable land is expected to fuel the product demand over the forecast period.

Water Soluble Fertilizers Market

Horticultural crops are projected to show significant revenue gains at a CAGR of 6.8% from 2016 to 2024 owing to rising consumption of fruits, vegetables, spices and medicinal plants. Moreover, rapid economic development, government support, advancements in fertilizer manufacturing is anticipated to propel market demand.

Further key findings from the report suggest:

• Foliar accounted for 30.4% of the overall volume and will show steady growth in light of rising application in various fruits & vegetables including tomatoes, beans, and melons. However, high cost as compared to fertigation will pose a challenge to its growth.

• Europe accounted for 37.6% of the overall revenue share in 2015 and is expected to witness significant gains in light of rising food security concern owing to growing population along with high export demand for food products including wheat and cereals from Germany, France, Italy and UK. Moreover, the presence of key participants including Yara International, Bunge Ltd., Agrium, Eurochem, Potash Corp, and CF Industries will promote industry growth.

• Latin America will witness substantial revenue rise at a CAGR of 7.2% from 2016 to 2024 on account of the presence of various major participants including The Mosaic Company, Potash Corp, and Haifa Chemicals. Development of agricultural policies and government schemes to promote micro irrigation systems, which dispenses water soluble fertilizers will augment industry size.

• Water soluble fertilizers industry is dominated by major participants including Agrium Inc., Potash Corp, Israel Chemicals Limited, The Mosaic Company, K+S AG, and Yara International ASA. Ongoing product innovation to produce efficient and cost-effective fertilizers is expected to lead to industry expansion over the next eight years.

• In April 2016, Yara International expanded the Rio Grande fertilizer plant capacity in Brazil to create one of the most modern fertilizer sites. In December 2015, Yara International acquired Greenbelt Fertilizers to expand the fertilizer business in Zambia and surrounding areas that were experiencing fast agricultural growth. In March 2015, Israel Chemicals planned to build a potassium nitrate production plant to meet growing demand for soluble specialty fertilizers.

Fertilizer Industry Size was valued at USD 201.3 Million Tons in 2021 and is projected to expand at a CAGR of 1.2% during 2022 to 2030.

Water Soluble Fertilizer Market Segmentation

Grand View Research has segmented the global water soluble fertilizers market on the basis of product, crop type, application, and region:

Water Soluble Fertilizers Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• Nitrogenous

• Phosphatic

• Potassium

• Micronutrients

• Secondary nutrients

Water Soluble Fertilizers Crop Type Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• Field

• Horticultural

• Plantation

• Turf & ornamental

Water Soluble Fertilizers Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• Fertigation

• Foliar

Water Soluble Fertilizers Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• North America

• U.S.
• Mexico
• Canada

• Europe

• Germany
• UK
• Italy
• Russia
• Spain
• Ukraine

• Asia Pacific

• China
• India
• Japan
• Australia
• Malaysia

• Latin America

• Brazil

• MEA

• South Africa

Request free sample copy of Fertilizer Industry Data Book @ https://www.grandviewresearch.com/sector-report/fertilizer-industry-data-book/request/rs1

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Wearable Breast Pumps Market Is Expected To Positively Impact The Market Growth 2022-2030

The global wearable breast pumps market is anticipated to reach USD 975.5 million by 2030, registering a CAGR of 8.21%, according to a new report by Grand View Research, Inc. Favorable reimbursement policies, and increasing patient disposable income are further anticipated to propel the demand for wearable breast pumps.

Wearable Breast Pumps Market 

The decreasing infant mortality rate is supplementing the growth of the market. For instance, according to Knoema, the infant mortality rate in Japan fell from 13.4 deaths per 1,000 births in 1970, to 1.80 deaths in 2019. Similarly, as per Statistics Canada, the infant death rate has fallen from 4.8 per 1,000 in 2018 to 4.5 in 2020 in Canada. Such instances are expected to increase the demand for wearable breast pumps, thereby, propelling the market growth over the forecast period.

Increase in women’s employment rate is expected to be a high impact rendering driver of the market. For instance, as per International Labor Organization, the female working population in Australia has touched 60%. Similarly, as per the similar source, the female employment rate in high income countries is estimated to be 53%, whereas, the same in low income and upper middle-income countries is calculated to be 56% and 55% respectively. Working women have a relatively high disposable income, as a result can help the market impel.

The presence of various e-commerce sites offering wearable breast pumps will further aid in the sales of the products through these sales channels in the forecast period. Willow, Elvie, Medela, and Amazon, are few prominent e-commerce sites that offers substantial discounts, and prompt customer service on various wearable breast pumps, owing to which individuals prefer to shop from online sites.

The decline in the COVID-19 population is anticipated to boost market growth. Recently, many companies have called back their employees to work from office. For instance, companies such as Sun Pharmaceuticals, Biocon, and JP Morgan are planning to start work from office. This will surge the need for wearable breast pumps for working women, thereby propelling the market growth in post-COVID-19 time. Similarly, to cope with the rising demand many companies are launching new products and expanding their geographic presence. For instance, in February 2021, Medela LLC launched a new category expansion and breast care products with an aim of meeting customer requirements. This was expected to expand the customer base of the company.

Wearable Breast Pumps Market Report Highlights

• Based on components, the wearable pumps segment dominated the market with a share of 57.84% in 2021 and is also expected to witness the fastest growth rate owing to its increasing demand over the forecast period. As lactating mothers are becoming more aware of the importance and benefits of breastfeeding.

• On the basis of technology, the battery powered wearable breast pump segment dominated the market with a share of 48.64% in 2021. This can be credited to their lightweight and compact designs. Moreover, women can also easily stash them into their bags and are barely noticeable.

• North America dominated the market with the highest revenue share of 52.62% in 2021 owing to a rise in women’s employment rate in the U.S. and supportive reimbursement policies for wearable breast pumps.

Breast Pump and Breastfeeding Accessories Market Size was valued at USD 4.06 Billion in 2021 and is projected to expand at a CAGR of 7.8% during 2022 to 2030.

Wearable Breast Pumps Market Segmentation

Grand View Research has segmented the global wearable breast pumps market based on component, technology, and region:

Global Wearable Breast Pumps Component Outlook (Revenue, USD Million, 2018 - 2030)

• Wearable Pumps

• Accessories

Global Wearable Breast Pumps Product Technology Outlook (Revenue, USD Million, 2018 - 2030)

• Manual Wearable Breast Pumps

• Battery Operated Wearable Breast Pumps

• Smart Wearable Breast Pumps

Global Wearable Breast Pumps Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

• U.S.
• Canada

• Europe

• U.K.
• Germany
• France
• Italy
• Spain

• Asia Pacific

• Japan
• China
• India
• Australia
• South Korea

• Latin America

• Mexico
• Brazil
• Argentina
• Colombia

• Middle East and Africa (MEA)

• South Africa
• Saudi Arabia
• UAE
  
  

List of Key Players in Wearable Breast Pumps Market

• Medela AG

• Ameda, Inc.

• Willow Innovations, Inc.

• Philips

• Elvie (Chiaro Component Ltd)

• Freemie

• BabyBuddha Products, LLC

• Spectra

• iAPOY

• Lavie Mom

Request free sample copy of Breast Pump and Breastfeeding Accessories Industry Data Book @ https://www.grandviewresearch.com/sector-report/breast-pump-breastfeeding-accessories-industry-data-book/request/rs1

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

Breastfeeding Accessories Market Key Players Analysis, Segmentation And Forecast Report 2022-2030

The global breastfeeding accessories market size is expected to reach USD 3.90 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.45% from 2022 to 2030. An increasing women’s employment rate is expected to surge the demand for breastfeeding accessories, thereby propelling the market growth. For instance, according to the data from the World Bank and the International Labor Organization, 55% of women in the U.S. are employed, whereas this number increases in the U.K. with 59% women employability. Working women are more likely to purchase breastfeeding accessories, thus, with a surge in the women’s employment rate, the market is expected to grow over the forecast period.

Breastfeeding Accessories Market 

Moreover, there has been a rise in the global birth rate. For instance, as per the latest report by the International Institute of Sustainable Development (IISD), the global fertility rate has touched 2.3 births per woman, which is well above the replacement rate. Similarly, there has been an increase in the number of milk banks across the globe. For instance, as per the European Milk Bank Association, there are 280 active milk banks in Europe. Likewise, according to the International Breastfeeding Journal, there were 80 milk banks in India as of 2020. Thus, with the establishment of milk banks globally, the market is anticipated to witness growth during the forecast period.

Furthermore, with the introduction of the COVID-19 vaccine and the lifting of lockdown impositions, the market may witness considerable growth over the forecast period. This can be attributed to the opening of offices globally and the initiation of work from office or hybrid work settings. For instance, Microsoft has given their employees 30 days to shift towards a new pattern of hybrid working setting, which has started from February 2022. Furthermore, many market players are initiating strategies such as product launches, partnerships, collaboration, and awareness campaigns to expand their reach. For instance, various market players such as Medela LLC and Laura & Co. are increasing awareness among the target population by arranging programs and distributing magazines. Thus, the aforementioned factors may help the market grow over the forecast period.

Breastfeeding Accessories Market Report Highlights

• Based on product, the breastmilk storage and feeding segment dominated the market with a share of over 15.0% in 2021 owing to an increase in the women’s employment rate

• The postpartum recovery accessories product segment is expected to register the fastest growth rate over the forecast period. An increase in the number of births is anticipated to have a significant impact on the use of postpartum recovery accessories

• Asia Pacific held the largest revenue share of over 40.0% in 2021 owing to the presence of a large target population and an increase in the birth rate

Breast Pump and Breastfeeding Accessories Market Size was valued at USD 4.06 Billion in 2021 and is projected to expand at a CAGR of 7.8% during 2022 to 2030.

Breastfeeding Accessories Market Segmentation

Grand View Research has segmented the global breastfeeding accessories market on the basis of product and region:

Breastfeeding Accessories Product Outlook (Revenue, USD Million, 2018 - 2030)

• Nipple Care Products

• Breast Shells

• Breast Pads

• Breastmilk Preparation and Cleaning Products

• Breastmilk Storage and Feeding

• Perineal Cooling Pads

• Breast Heating Pads

• Breast Cooling Pads

• Baby Weighing Scales

• Maternity/Nursing Bras

• Nursing Tank Tops

• Lactation Massager

• Breast Pump Carry/Tote Bags

• Postpartum Recovery Accessories

Breastfeeding Accessories Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

• U.S.
• Canada

• Europe

• U.K.
• Germany
• France
• Italy
• Spain

• Asia Pacific

• China
• Japan
• India
• South Korea
• Australia

• Latin America

• Brazil
• Mexico
• Colombia
• Argentina

• Middle East & Africa

• South Africa
• Saudi Arabia
• UAE

List of Key Players in Breastfeeding Accessories Market

• Medela AG

• Ameda, Inc.

• Willow Innovations, Inc.

• Koninklijke Philips N.V.

• Chiaro Technology Limited

• Pigeon Corporation

• Spectra Baby

• Lavie Mom

• Motif Medical

• Mayborn Group Limited

Request free sample copy of Breast Pump and Breastfeeding Accessories Industry Data Book @ https://www.grandviewresearch.com/sector-report/breast-pump-breastfeeding-accessories-industry-data-book/request/rs1 

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

Italy Foliar Fertilizer Market To Show Incredible Growth 2022-2030 | Grand View Research, Inc.

The Italy foliar fertilizer market size is anticipated to reach USD 149.50 million by 2030, registering a CAGR of 4.9% over the forecast period, according to a new report by Grand View Research, Inc. The growing consumption of fertilizers for effective and increased agricultural productivity is anticipated to drive the market over the forecast period. Increasing demand for specialty crops that enhance lives by providing nutritional nourishment and decreasing carbon footprint is expected to boost the demand for foliar fertilizer in horticulture open-field application. In addition, turf & ornamental crop type is expected to increase over the forecast period.

Italy foliar fertilizer market

The Italian ornamental plants sector has been playing a vital role in the agricultural sector, in terms of productivity. Furthermore, Italian ryegrass can produce leafy, palatable, high quality, forage, and its yield response to nitrogen. The Italian fertilizers market is fairly concentrated with a number of manufacturers focusing on regional markets. Haifa Negev technologies Ltd., EuroChem Group, and AkzoNobel are some of the largest players involved in the manufacturing of products. The majority of these companies have established exclusive agreements with distributors to cater to various end-users. The supply chain plays a significant role in the production and transportation of fertilizers.

The growth of the market is highly dependent on the adoption of efficient supply chains. Industry participants are facing various problems concerning production, logistics, and operations. Unfortunately, Italy was first the country, which faced the COVID-19 crises in the European region. The COVID-19 pandemic wreaked havoc in the fertilizer industry, which led to a slowdown in businesses, momentary pause of cross-border trade, and logistics delay, resulting in a huge impact on the overall operations of companies and farmers in the first few weeks of 2020 and even during the second wave of COVID-19. However, stockpiling of goods and a favorable initiative by the country’s government to incorporate fertilizer products in the essential category have helped maintain stability in the market.

Italy Foliar Fertilizer Market Report Highlights

• Based on product type, the mix of nutrients segment accounted for the maximum revenue share in 2021 due to the increasing requirement for tailored foliar fertilizer products to provide complete nutrition to plants

• The other bio-stimulant product type segment is likely to grow at the fastest CAGR from 2022 to 2030. They are gaining attention owing to their ability to improve the metabolism of plants, resulting in improved crop yield

• The horticulture open-field segment accounted for the largest revenue share in 2020. The growth is attributed to the high export potential of vegetables and fruits, which has further contributed to a surge in the efficient production of the aforementioned crops and thus triggering the market growth

• Key manufacturers are adopting strategies including mergers, acquisitions, product portfolio, and geographical expansion to gain a higher market share

• For instance, in January 2021, ICL Group acquired Fertiláqua, a specialty plant nutrition company. This initiative taken by the former company was aimed at expanding its organic fertilizers sales by utilizing a strong market presence and distribution capabilities

Fertilizer Industry Size was valued at USD 201.3 Million Tons in 2021 and is projected to expand at a CAGR of 1.2% during 2022 to 2030.

Italy Foliar Fertilizer Market Segmentation

Grand View Research has segmented the Italy foliar fertilizer market on the basis of product type and crop type:

Italy Foliar Fertilizer Product Type Outlook (Volume, Tons; Revenue, USD Thousand, 2018 - 2030)

• Algae-based

• Humic Acid-based

• Mix of Nutrients

• Other Bio-stimulant

• Single Nutrient Foliar Fertilizers

Italy Foliar Fertilizer Crop Type Outlook (Volume, Tons; Revenue, USD Thousand, 2018 - 2030)

• Horticulture Openfield

• Horticulture Greenhouse

• Field Crops

• Turf & Ornamental

• Others

List of Key Players of Italy Foliar Fertilizer Market

• ICL

• Timac Agro

• Akzo Nobel N.V.

• E D & F Man Holdings Limited

• PAVONI & C SPA

• Arpa Speciali S.r.l

• Sociedad Quimica Y Minera De Chile (SQM S.A.)

• Valagro

• Trade Corporation International

• Biolchim SPA

• EuroChem

• URALCHEM JSC

• K+S Aktiengesellschaft

• Haifa Negev technologies LTD

• COMPO EXPERT

• MUGAVERO

• Hydro Fert

Request free sample copy of Fertilizer Industry Data Book @ https://www.grandviewresearch.com/sector-report/fertilizer-industry-data-book/request/rs

Italy Water Soluble Fertilizers Market Competitors Growth Prospects And Industry Growth Rate 2022-2030

The Italy water soluble fertilizer market is estimated to reach USD 862.2 million by 2030 according to a new report by Grand View Research, Inc. It is projected to expand at a CAGR of 6.7% from 2022 to 2030. The growth is attributed to the popularity of these products as an immediate nutrient deficiency corrector and large-scale agricultural exports from the country.

Italy Water Soluble Fertilizers Market 

The raw materials used in the production process include compound & elemental fertilizers, and some additives. The choice of raw materials, including the raw material grades, type of elements, and their contents, can have a significant impact on the product quality.

The market is highly competitive owing to the presence numerous leading players such as ICL Fertilizer, Akzo Nobel N.V., and EuroChem Group. These players have strong distribution networks worldwide.

The market is governed by stringent rules and regulations in the country. Thus, formulating an appropriate product that follows the maximum permissible limits of chemicals is one of the challenges faced by the industry in the country.

Italy Water Soluble Fertilizer Market Report Highlights

• In 2021, water soluble NPK emerged as the dominant product type segment by contributing around 15.6% of revenue share as it enables effective control of pre-existing nutritional deficiencies of crops.

• NPK 20:20:20 segment was the dominant sub-segment in terms of both revenue and volume, as enhances the blossoming and ripening of flowers and fruits, respectively.

• Urea was the second-largest product type segment and is projected to grow at a CAGR of 7.6% in terms of revenue by 2030, owing to its lower cost and the presence of high nitrogen content

• The fertigation application segment is projected to grow at the highest CAGR of 7.7% in terms of revenue owing to the proper distribution of fertilizer beyond the root zone.

Fertilizer Industry Size was valued at USD 201.3 Million Tons in 2021 and is projected to expand at a CAGR of 1.2% during 2022 to 2030.

Italy Water Soluble Fertilizer Market Segmentation

Grand View Research has segmented the Italy water soluble fertilizer market report on the product type, crop type, and application:

Italy Water Soluble Fertilizer Product Type Outlook (Volume, Tons; Revenue, USD Thousand; 2018 - 2030)

• Ammonium Nitrate

• Ammonium Sulphate

• Calcium Nitrate

• Potassium Sulphate

• Monoammonium Phosphate

• Mono Potassium Phosphate

• Urea Phosphate

• Magnesium Nitrate

• Magnesium Sulfate

• Water-soluble NPK

• Urea

• Urea Ammonium Nitrate

• Others

Italy Water Soluble Fertilizer Crop Type Outlook (Volume, Tons; Revenue, USD Thousand; 2018 - 2030)

• Horticultural Openfield

• Horticultural Greenhouse

• Field Crops

• Turf & Ornamental

• Others

Italy Water Soluble Fertilizer Application Outlook (Volume, Tons; Revenue, USD Thousand, 2018 - 2030)

• Fertigation

• Foliar

• Raw Material

List of Key Players of Italy Water Soluble Fertilizer Market

• ICL

• TIMAC AGRO

• Akzo Nobel N.V.

• ED & FMan

• PAVONI & C SPA

• Arpa Speciali

• Valagro

• Trade Corporation International

• Biolchim SPA

• Eurochem

• URALCHEM JSC

• K+S Aktiengesellschaft

• Haifa Negev technologies LTD

• COMPO EXPERT

• Agrium Inc.

• MUGAVERO

• Hydrofert

Request free sample copy of Fertilizer Industry Data Book @ https://www.grandviewresearch.com/sector-report/fertilizer-industry-data-book/request/rs1

Phosphate Fertilizer Market Drivers, Challenges and Forecast Report 2022-2040

The global phosphate fertilizer market size is estimated to reach USD 176.06 billion by 2040, registering a CAGR of 5.7% from 2022 to 2040, according to a new report by Grand View Research, Inc. Growth can be attributed to increasing demand for fertilizers for usage in agricultural applications and is expected to drive the growth of the market during the forecast period.

Phosphate Fertilizer Market

Phosphorus rocks are the key raw materials used to manufacture phosphate fertilizers. Globally, the U.S. is the leading producer and consumer of phosphate rocks, which are primarily used for the manufacturing of the product. Rising global demand for food is a significant factor driving the growth of phosphate fertilizer market.

Governments of major agrarian economies such as Brazil and India support the use of the product to improve crop yields. This has encouraged farmers and local entrepreneurs in these countries to increase the consumption of phosphate grades. In 2020, amid the COVID-19 pandemic, the prices of primary raw materials such as ammonia and sulfur increased sharply owing to supply restrictions and refinery curtailments.

The Asia Pacific is expected to register significant growth in the coming years owing to the agriculture, food, and horticulture industries as they are the key sectors for economic development, accounting for a substantial GDP share.

Phosphate Fertilizer Market Report Highlights

• The Asia Pacific is projected to have growth over the forecast period due to increasing agricultural production. In revenue terms, the APAC market is expected to expand at a CAGR of 5.8% between 2022 and 2040

• The global market will grow significantly owing to the factors such as increased demand from agricultural producers for a fertilizer that provides necessary nutrients such as nitrogen and potassium

• Cereals and grains appeared as the largest application segment in 2022 and is anticipated to grow at a CAGR of 5.8% between 2022 and 2040. The use of phosphoric fertilizer in cereals and grains is majorly increasing in the production of wheat owing to its increased demand

Fertilizer Industry Size was valued at USD 201.3 Million Tons in 2021 and is projected to expand at a CAGR of 1.2% during 2022 to 2030.

Phosphate Fertilizer Market Segmentation

Grand View Research has segmented the global phosphate fertilizer market report based on the product, application, and region:

Product Outlook (Volume, Thousand Tons; Revenue, USD Million, 2010 - 2040)

• Monoammonium Phosphate (MAP)

• Diammonium Phosphate (DAP)

• Single Superphosphate (SSP)

• Triple Superphosphate (TSP)

• Others

Application Outlook (Volume, Thousand Tons; Revenue, USD Million, 2010 - 2040)

• Cereals & Grains

• Oilseeds & Pulses

• Fruits & Vegetables

• Others

Regional Outlook (Volume, Thousand Tons; Revenue, USD Million, 2010 - 2040)

• North America

o U.S.

o Canada

o Mexico

• Europe

o Germany

o U.K.

o Italy

o France

o Russia

o Finland

• Asia Pacific

o China

o India

o Japan

o Australia

o Southeast Asia

• Central & South America

o Brazil

o Argentina

o Chile

• Middle East & Africa

o Saudi Arabia

o Tunisia

o Morocco

o Egypt

o Senegal

List of Key Players in the Phosphate Fertilizer Market

• Eurochem Group AG

• Agrium Inc.

• Potash Corp. of Saskatchewan Inc.

• Yara International ASA

• CF Industries Holdings Inc.

• Israel Chemicals Ltd.

• Coromandel International Ltd.

• The Mosaic Co.

• S.A OCP

• PJSC PhosAgro

Request free sample copy of Fertilizer Industry Data Book @ https://www.grandviewresearch.com/sector-report/fertilizer-industry-data-book/request/rs1

In-vitro Fertilization Microscopes Market Is Expected To Witness The Fastest Growth 2022-2030

The rising prevalence of infertility among men and women is expected to foster the growth of the market for IVF microscopes during the forecast period.

The global in-vitro fertilization microscopes market size is expected to reach USD 193.2 million by 2030, according to a new report by Grand View Research. The market is expected to expand at a CAGR of 8.4% from 2022 to 2030. The market has witnessed advancements in microscopes and microscope-related equipment for use in in-vitro fertilization. Artificial Intelligence (AI), embryo assessment, and sperm selection are some of the applications targeted for innovation.

In-vitro Fertilization Microscopes Market

Manufacturers are providing upright microscopes, digital microscope cameras, and software to view images together as a sperm analysis system to provide the complete solution for semen analysis. Moreover, as sperm analysis can be better studied by maintaining a certain temperature of the sample, manufacturers are coupling the use of such devices along with an upright microscope. For instance, PROiSER provides ISAS HEAT, a slide warmer, compatible with its UB200i upright microscope used along with Computer Assisted Semen Analysis (CASA) systems.

The demand for In-vitro Fertilization (IVF) procedures is now increasing due to the relaxation of travel restrictions and supporting government guidelines. For instance, the American Society of Reproductive Medicine (ASRM) announced that there is a need to ensure reproductive care with maximal safety as we will have to continue to live with a COVID-19.

In-vitro Fertilization Microscopes Market Report Highlights

• Based on the end-use, the clinical segment dominated the market in 2021 in terms of revenue. IVF clinics provide a range of services, including healthy oocyte identification, semen analysis, ICSI, embryo monitoring, and freezing and storage of embryos

• The clinical segment is also expected to witness the fastest growth from 2022 to 2030 due to the increasing adoption of IVF treatment. Moreover, manufacturers are developing innovative products with integrated technologies, such as Artificial Intelligence (AI)

• Europe held the largest share in terms of revenue in 2021 due to factors such as the high cost of IVF treatment and the availability of reimbursement. The Asia Pacific region is expected to witness the fastest growth from 2022 to 2030 due to the initiatives to create awareness regarding IVF treatment in countries such as India

• The IVF microscopes market is saturated with many prominent players. The companies operating in the market are adopting various strategies such as product innovation, market expansion, and introduction of advanced technology to stay competitive in the market

• For instance, in February 2019, Opto GmbH debuted the DualStation embryo imaging microscope. The DualStation is designed to provide all the optical techniques and imaging requirements used by IVF processes into a single enclosed embryo chamber

The global life science microscopes industry generated over USD 3.36 billion in 2021 and is expected to grow at a CAGR of 8.9% over the forecast period. 

In-vitro Fertilization Microscopes Market Segmentation

Grand View Research has segmented the global in-vitro fertilization microscopes market on the basis of end-use and region:

In-vitro Fertilization Microscopes End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Clinical

• Academic Research

In-vitro Fertilization Microscopes Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America

o U.S.

o Canada

• Europe

o Germany

o U.K.

o France

o Italy

o Spain

• Asia Pacific

o Japan

o China

o India

• Latin America

o Brazil

o Mexico

• Middle East & Africa (MEA)

o South Africa

List of Key Players in the In-vitro Fertilization Microscopes Market

• Linkam Scientific Instruments

• Olympus Corporation

• Leica Microsystems

• Meiji Techno

• Zeiss

• Euromex Microscopen B.V.

• Labomed Europe B.V.

• Nikon Corporation

• Narishige Group

• Eppendorf AG

• Hamilton Thorne Ltd.

• Sutter Instrument Company

• Tritech Research, Inc.

Request free sample copy of Life Science Microscopes Industry Data Book @ https://www.grandviewresearch.com/sector-report/life-science-microscopes-industry-data-book/request/rs1