According to the research report titled ‘Egg Donation Market Size By Type (Fresh, Frozen), By Service Provider (Hospitals, Fertility Clinics), COVID-19 Impact Analysis, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2021 – 2027’, available with MarketStudyReport, global egg donation market is slated to witness a remarkable CAGR over the forecast period 2021-2027.

Growing consumer acceptance of this medical process, and increasing focus of leading players on technological advancements to improve their procedures are the primary factors fueling global egg donation market growth.

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Notably, the COVID-19 pandemic caused a steep decline in the number of egg donations as people feared exposure to the virus, which resulted in reduced market profitability in the recent years. However, massive vaccination drives that have been undertaken in various countries have enabled the industry to bounce back to pre-COVID levels, particularly in leading regions.

In terms of product type fragmentation of worldwide egg donation industry, fresh sub-segment is slated to witness robust growth over the analysis timeframe, as fresh egg donation is a highly preferred traditional procedure that is considered to have higher success rates.

Moving on to service provider type, others segment, which includes  IVF centers and research labs, is estimated to garner a remarkable CAGR over the forecast period, on the back of prominent advances in ART (assisted reproductive technologies), and proliferating R&D activities.

From the regional perspective, Europe captured 45% of the market share in 2020 and is anticipated to progress at a notable CAGR over 2021-2027, driven by availability of multiple healthcare settings, affordable prices, and favorable government regulations in various European countries.

Prominent players in global egg donation market include Bourn Hall International, Aevitas Fertility Clinic, Cape Fertility Clinic, Medfem Fertility Clinic, Boston IVF, Trio Fertility Partnership, Chennai Fertility Center, Morpheus Life Sciences Pvt. Ltd., Southend Fertility and IVF, Monash IVF Group, Flinders Fertility, and Virtus Health Ltd.

These players are implementing several strategic initiatives to bolster product offerings and reach out to more consumers to progressively strengthen their hold in the industry.