The global IVF Services market size was valued at USD 15000 Million in 2021 growing at the CAGR of 10.4% from 2022 to 2032. In vitro fertilization (IVF) is an assisted reproductive technology (ART) that helps couples with infertility problems conceive a child. The process involves retrieving eggs from a woman’s ovaries, fertilizing them with sperm in vitro, and then implanting the embryo into the woman’s uterus. IVF is a popular treatment option for couples who are struggling to conceive and is a key driver of growth for the IVF services market globally.
- The rise in the infertility rate
Several factors are driving the growth of the IVF services market. The most significant of these is the rise in the infertility rate. This increase is due to several factors, including the aging of the population, increased stress levels, and exposure to environmental toxins. As a result, more and more couples are turning to IVF services to have a child. Other factors driving the growth of the IVF services market include advances in technology and the availability of more affordable treatment options. In the past, IVF was a very expensive and invasive procedure.
- Increase in the trend of delayed pregnancies
- The surge in IVF success rate
- The rise in disposable income
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Key Highlights:
- The global IVF Services market size was valued at USD 15000 Million in 2021 growing at the CAGR of 10.4% from 2022 to 2032.
- Asia Pacific dominated the market in 2021
- North America is expected to grow at a highest CAGR from 2022 to 2032
Key Players
The IVF Services market report gives comprehensive information about the company and its past performance. The report also provide a detail market share analysis along with product benchmarking with key developments.
The key players profiled in the report are:
- Ambroise Paré Group
- Amedes MVZ Cologne GmbH
- AMP Center St Roch
- AVA Clinic Scanfert
- Bangkok IVF Center
- Betamedics
- Biofertility Center
- Bloom Fertility and Healthcare
- Bloom Fertility Center
- Bourn Hall Fertility Center
The Global IVF Services Logistic report also includes information on company profiles, product descriptions, revenue, market share data, and contact details for several regional, global, and local companies. Due to increased technological innovation, R&D, and M&A operations in the sector, the market is becoming more popular in particular niche sectors. Additionally, a large number of regional and local vendors in the IVF Services market provide specialised product offerings according to geographical regions in keeping with the global manufacturing footprint. Due to the reliability, quality, and technological modernity of the worldwide suppliers, it is difficult for the new market entrants to compete.
COVID Impact
In terms of COVID 19 impact, the IVF Services market report also includes the following data points:
- COVID19 Impact on IVF Services market size
- End-User/Industry/Application Trend, and Preferences
- Government Policies/Regulatory Framework
- Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
- Opportunity in the IVF Services market
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Scope of the Report:
Market Segment By Cycle Type:
- Fresh IVF Cycles (Non-donor)
- Thawed IVF Cycles (Non-donor)
- Donor Egg IVF Cycles)
Market Segment By End User:
- Fertility Clinics
- Hospitals
- Surgical Centers
- Clinical Research Institutes
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Key Region/ Countries Covered
- North America (US, Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of MEA)
- Latin America (Mexico, Brazil, Argentina, Rest of Latin America)
Asia-Pacific has always been the leading market when it comes to IVF treatments and is expected to continue its dominance in the years to come. The main reasons for this are the presence of a large population in countries such as India and China, the increasing awareness about IVF treatment, the low cost of IVF treatments, the rising infertile population, and the surge in disposable income.
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- Demand-supply gap analysis
- Strategy Planning
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