Global IVF Services Market: Overview
The IVF services market is witnessing an upsurge mainly because of the high success rates of conception associated with IVF. Furthermore, increasing cases of infertility among women owing to the change in lifestyle is driving the global IVF services market. High adoption of IVF procedures in both urban and rural areas has pushed the IVF services market on an impressive growth trajectory.
The global IVF services market can be divided on the basis of cycle type, procedure, offering and end-user. In terms of cycle type, the global IVF services market is segmented into fresh IVF cycle, donor-egg IVF cycle, and thawed IVF cycle. Based on procedure, the global IVF services market can be classified into intracytoplasmic sperm injection (ICSI-IVF), non- ICSI-IVF, and intrauterine insemination. In terms of offering, the global IVF services market can be divided into IVF drugs, IVF media and reagents, and other services. Based on end-user, the global IVF services market can be categorized into fertility clinics, hospitals, surgical centers, and clinical research institutes.
The recently released report on global IVF services market by Transparency Market Research presents a thorough market analysis. The report has been compiled after extensive primary research and secondary research. The report presents in-depth analysis of the market, including demand drivers and competitive dynamics. The analysis has been presented following data collection from industry leaders and market stakeholders. This helps to provide an accurate projection of the IVF services market during the forecast period.
Global IVF Services Market: Market Potential and Key Trends
The global IVF service market is growing due to the increasing infertility rate across the globe. IVF has come up as a reliable procedure to conceive among women. The surge in success rate of IVF procedure is a crucial factor driving the global IVF service market. Along with this, rise in trend of delayed pregnancies, and growth in disposable income is driving the growth of the IVF services market globally.
Despite several growth factors, the growth in the global IVF service market is restricted by high procedure cost, complications in IVF treatment, and limited awareness for IVF. Along with this, ethical concerns related to IVF procedure in some countries impedes the growth of the global IVF service market. To overcome restraints, key service providers are investing enormous money in advertising and marketing of medical facilities to promote IVF services. Further increase in the prevalence of single parent system, and same-sex parent system holds a lucrative avenue for the growth of the global IVF services market.
Global IVF Services Market: Geographical Outlook
On the basis of geography, the global IVF services market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America held a key share of the global IVF services market in 2017. This is mainly because of the highly developed health care infrastructure in the region.
Global IVF Services Market: Competitive Landscape
Some of the predominant players operating in the global IVF services market are Fertility Center of San Antonio, Kinderwunschteam berlin, CARE Fertility, Inovie FertilityMax Healthcare, , Oak Medical Group, Fertility and Fertility Medical GroupCape.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.