Europe Egg Donation Market size surpassed USD 681.6 million in 2020 and is predicted to expand at a CAGR of over 13% from 2021 to 2027.
Egg donation is a procedure of assisted reproduction that uses donor eggs (oocytes) to help women to have a baby. The procedure typically includes egg removal, fertilization, and embryo transfer into the receiver’s uterus. This procedure assisted numerous infertile couples to conceive child with high success rate.
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Increasing incidence of infertility in women coupled with growing awareness regarding egg donation will boost the Europe egg donation market growth. Infertility among women is majorly due to change in lifestyle, childbearing decision at elder age, and other environmental factors due to which demand for egg donation is expected to increase. Adding to this, consumption of alcohol and cigarette smoking are few other factors responsible for infertility.
Growing awareness regarding assisted reproductive technologies in Europe is anticipated to open new avenues for the infertile individuals in the form of egg donation. Regulatory standards ensure safety and ethical practices during IVF procedures and other assisted reproductive techniques.
Frozen segment crossed USD 230 million revenue in 2020. The fresh eggs from donor are frozen for future use and are used as per the convenience of recipient. Various benefits associated with frozen eggs including less waiting time and lower cost as compared to fresh eggs allow more flexibility to receivers and can save cost of needing to pay to transport egg donor. Further, growing awareness about benefits of frozen procedure will augment the segment demand.
Spain egg donation market held around 32% revenue share in 2020. Growing adoption of unhealthy habits such as tobacco smoking, alcohol consumption, and presence of large number of donors will propel the regional market expansion. According to the European Society of Human Reproduction and Embryology, in 2019, Spain was the most active country in assisted reproduction, with a record 140,000 procedures performed. Thus, growing trend of assisted reproductive procedures lead to increase in demand for egg donation procedures.
The fertility clinics segment will register 13.4% growth during the forecast period. Fertility clinics provide in-depth consultation, multiple treatment options, personalized services, complimentary services, and have a wide variety of resources. Thus, increasing inclination of patients towards fertility clinics and growing investment in these facilities will drive the segment growth.
Some of the notable players operating in the Europe egg donation market include Virtus Health, Bourn Hall Fertility Center, Medvisit Global, Fertility Associates, SAFE Fertility Center, TMC Fertility Centre, and Bloom Fertility Center.
Industry participants are undertaking various strategic initiatives to expand their geographic presence and reach. For instance, in May 2021, Virtus Health announced a strategic collaboration with Drop Bio, focused on chronic inflammation, to accelerate progress toward precision fertility.