Vietnam Assisted Reproductive Technology Market

Market Overview:

Vietnam assisted reproductive technology market size is projected to exhibit a growth rate (CAGR) of 7.70% during 2024-2032. The growing innovations in reproductive technologies like improvements in invitro fertilization (IVF) techniques, increasing cases of infertility caused by delayed childbearing, and rising incidence of conditions, such as polycystic ovary syndrome (PCOS) and endometriosis among women represent some of the key factors driving the market.

Assisted reproductive technology (ART) refers to medical procedures used to aid in achieving pregnancy when natural conception is challenging or not possible. It encompasses various techniques that manipulate the egg, sperm, or embryos outside the body to facilitate conception. It consists of gamete intrafallopian transfer (GIFT), which involves transferring eggs and sperm into the fallopian tubes, allowing fertilization to occur naturally within the body. It also includes zygote intrafallopian transfer (ZIFT), which involves transferring fertilized embryos into the fallopian tubes. It conducts preimplantation genetic testing, allowing for the screening of genetic disorders before embryo transfer. It often stimulates the ovaries to produce multiple eggs, increasing the chances of successful fertilization. It also involves fertilizing the egg with sperm outside the body of the woman, which can occur through in vitro fertilization (IVF) or intracytoplasmic sperm injection (ICSI), where a single sperm is injected directly into an egg. It conducts embryo culture, where the fertilized eggs or the embryos are cultured in a laboratory incubator for a few days before being transferred to the uterus. It facilitates cryopreservation, where unused embryos can be frozen for future use, allowing couples to undergo multiple cycles without repeating the entire process. ART enables conception despite various reproductive challenges, such as low sperm count, blocked fallopian tubes, or age-related fertility decline.

Vietnam Assisted Reproductive Technology Market Trends:

At present, the evolving needs of individuals and couples seeking assistance in overcoming fertility challenges represent one of the crucial factors impelling the growth of the market in Vietnam. Besides this, the rising acceptance and awareness of fertility treatments due to the increasing emphasis on reproductive health and the availability of information through various channels, including social media and online platforms, is contributing to the market growth in the country. In addition, the growing innovations in reproductive technologies, such as improvements in invitro fertilization (IVF) techniques, the introduction of pre-implantation genetic testing (PGT), and the utilization of artificial intelligence (AI) in fertility diagnostics to improve the efficacy of ART and contribute to a more personalized and patient-centric approach to fertility care is offering a favorable market outlook. Apart from this, the increasing cases of infertility caused by delayed childbearing due to career pursuits, stress, and lifestyle choices are catalyzing the adoption of ART among the masses. The rising incidence of conditions, such as polycystic ovary syndrome (PCOS) and endometriosis among women, causing complications in pregnancies, is supporting the market growth in the country. Additionally, the increasing adoption of ART as a viable option for fulfilling parenthood desires among single parents or queer couples is strengthening the market growth. Moreover, the rising demand for effective ART services, as it enables individuals to preserve their fertility for future, allowing them to delay family planning for personal or medical reasons, is bolstering the market growth.

Vietnam Assisted Reproductive Technology Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on product, type, and end use.

Product Insights:

• Instrument
  • Sperm Separation System
  • Cryosystem
  • Incubator
  • Imaging System
  • Ovum Aspiration Pump
  • Cabinet
  • Micromanipulator
  • Laser Systems
  • Others
• Accessory and Disposable
• Reagents and Media
  • Cryopreservation Media
  • Semen Processing Media
  • Ovum Processing Media
  • Embryo Culture Media
     

The report has provided a detailed breakup and analysis of the market based on the product. This includes instrument (sperm separation system, cryosystem, incubator, imaging system, ovum aspiration pump, cabinet, micromanipulator, laser systems, and others), accessory and disposable, and reagents and media (cryopreservation media, semen processing media, ovum processing media, and embryo culture media).

Type Insights:

• In-Vitro Fertilization (IVF)
  • Fresh Donor
  • Frozen Donor
  • Fresh Non-Donor
  • Frozen Non-Donor
• Artificial Insemination
  • Intrauterine Insemination
  • Intracervical Insemination
  • Intravaginal Insemination
  • Intratubal Insemination
     

A detailed breakup and analysis of the market based on the type have also been provided in the report. This includes in-vitro fertilization (IVF) (fresh donor, frozen donor, fresh non-donor, and frozen non-donor) and artificial insemination (intrauterine insemination, intracervical insemination, intravaginal insemination, and intratubal insemination).

End Use Insights:

• Fertility Clinics and Other Facilities
• Hospitals and Others
   

The report has provided a detailed breakup and analysis of the market based on the end use. This includes fertility clinics and other facilities and hospitals and others. 

Regional Insights:

• Northern Vietnam
• Central Vietnam
• Southern Vietnam
   

The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Vietnam, Central Vietnam, and Southern Vietnam.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Vietnam Assisted Reproductive Technology Market Report Coverage:

Key Questions Answered in This Report:

• How has the Vietnam assisted reproductive technology market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the Vietnam assisted reproductive technology market?
• What is the breakup of the Vietnam assisted reproductive technology market on the basis of product?
• What is the breakup of the Vietnam assisted reproductive technology market on the basis of type?
• What is the breakup of the Vietnam assisted reproductive technology market on the basis of end use?
• What are the various stages in the value chain of the Vietnam assisted reproductive technology market? 
• What are the key driving factors and challenges in the Vietnam assisted reproductive technology?
• What is the structure of the Vietnam assisted reproductive technology market and who are the key players?
• What is the degree of competition in the Vietnam assisted reproductive technology market?

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Vietnam assisted reproductive technology market from 2018-2032.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Vietnam assisted reproductive technology market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Vietnam assisted reproductive technology industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.