The egg donation market is expected to showcase significant growth by 2027 owing to surging demand among consumers across the globe. Additionally, companies are focusing on technological advancements to improve their procedures, which is projected to further fuel market demand over the forecast period.

Recently, after the COVID-19 outbreak, egg donation saw a steep decline due to people fearing exposure to the virus, which caused an egg donor shortage worldwide during the pandemic. However, successful vaccination drives across the globe have enabled the market to regain its pre-COVID momentum, particularly in leading regions.

Moreover, industry players are implementing various strategic initiatives to expand their product offerings and increase their consumer reach, which has favorably impacted business outlook around the world. For instance, in June 2021, MyEggBank, the largest donor egg bank in North America with participants including more than 150 fertility clinics, launched its brand repositioning campaign under the name ???This Is Who We Are???.

The campaign is intended to outline MyEggBank’s commitment to patient experience while exhibiting its innovative and advanced approach that integrates the latest scientific and technological developments into reproductive medicine. The launch also included the expansion of the bank’s donor services, mainly the Synchronous and Asynchronous egg donor programs.

The Synchronous egg donor program is considered ideal for patients who opt for fresh egg donor services while Asynchronous egg donor program offers a selection of donor eggs that are already frozen in the bank. Both these programs offer options like preimplantation genetic testing (PGT), wherein embryos are genetically screened for chromosomal abnormalities.

For in-depth analysis, the egg donation market has been categorized based on type, service provider, and region. In terms of type, the market has further been segmented into frozen and fresh. The fresh sub-segment is expected to witness significant growth by 2027, registering a notable CAGR through the assessment timeframe. Fresh egg donation is a traditional procedure and offers a higher success rate, which is expected to drive segmental adoption through the following years.

With respect to service provider, the market has been segmented into fertility clinics, hospitals, and others. The egg donation market from the others sub-segment is estimated to expand at a substantial pace to amass a sizable revenue by the end of 2027. Other settings, such as IVF centers and research labs, are projected to see robust growth in the upcoming period driven by proliferating R&D activities and advances in ART (assisted reproductive technologies).

From the perspective of region, Europe accounted for over 45% of the egg donation market revenue in 2020 and is anticipated to progress at a notable CAGR over the forecast timeline. Affordable prices, availability of several settings, and favorable regulations in various European countries are speculated to drive regional market growth in the coming years.