Global IVF Services Market Report 2021
DUBLIN, November 11, 2021 / PRNewswire / – A Market to Develop and Reach $ 22.859 billion in 2025 according to the report “IVF Services Global Market Report 2021: COVID-19 Growth and Change to 2030″ has been added to ResearchAndMarkets.com offer.
This report equips strategists, marketers, and senior management with the essential information they need to assess the global IVF Services market.
This report focuses on the fast growing IVF services market. The report gives a guide to the IVF services market that will shape and change our lives over the next ten years and beyond, including the market response to the challenge of the global pandemic.
Global IVF Services Market Expected To Grow By $ 12.92 billion in 2020 at $ 14.34 billion in 2021 at a compound annual growth rate (CAGR) of 11%. The growth is primarily driven by businesses resuming operations and adjusting to the new normal while recovering from the impact of COVID-19, which previously led to restrictive containment measures involving social distancing, the remote work and closure of business activities which resulted in operational challenges. The market is expected to reach $ 22.859 billion in 2025 at a CAGR of 12%.
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What is the largest and fastest growing market for IVF services? How does the market relate to the overall economy, demographics, and other similar markets? What forces will shape the market in the future? The global IVF Services Market report answers all of these questions and more.
The report covers the market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market share, trends and strategies for this market. It traces the historical and forecast growth of the market by geography. It places the market in the context of the larger market for IVF services and compares it to other markets.
The Market Characteristics section of the report defines and explains the market.
The market size section gives the market size ($ b) covering both the historical growth of the market, the influence of the COVID-19 virus, and the forecast for its growth.
Market segmentations break down the market into submarkets.
The regional and country breakdowns section gives an analysis of the market within each geography and market size by geography and compares their historical and forecast growth. It covers the growth trajectory of COVID-19 for all regions, major developed countries and major emerging markets.
The competitive landscape gives a description of the competitive nature of the market, market shares and a description of the main companies. The main financial transactions that have shaped the market in recent years are identified.
The Trends and Strategies section analyzes the shape of the market emerging from the crisis and suggests how companies can grow as the market recovers.
The section of the IVF Services Market report provides background. It compares the IVF services market with other segments of the IVF services market by size and growth, history and forecast. It analyzes the proportion of GDP, expenditure per capita, comparison of IVF service indicators.
The main players in the IVF services market are Ambroise Par Group, amedes MVZ Koln GmbH, AMP Center St Roch, AVA Clinic Scanfert, Bangkok IVF center, Betamedics, Bloom Fertility and Healthcare, Bourn Hall Fertility Center, Biofertility Center, Chelsea and Westminster Hospital (Assisted Design Unit).
The IVF services market consists of the sale of in vitro fertilization (IVF) services by entities (organizations, sole proprietorships and partnerships) that provide these services. IVF is one of the most well-known types of assisted reproduction technology used to treat infertility. IVF is a fertilization process where an egg is combined with sperm outside the body, in vitro (“in glass”). Only goods and services traded between entities or sold to final consumers are included.
Platelet rich plasma (PRP) is the latest technique increasingly used to improve the success rate of IVF in patients with recurrent implantation failures. PRP is used alongside fertility treatments such as IVF to improve egg quality, uterine lining thickness, and endometrial receptivity, and treatment is primarily for recurrent implantation failures. over several cycles of IVF. According to an article published by the Journal of Assisted Reproduction and Genetics, women treated with PRP experienced significant improvements in follicle stimulating hormone (FSH), anti-Mullerian hormone (AMH) and antral follicle count. (AFC) and help improve fertility.
The IVF services market covered in this report is segmented by cycle type into new IVF cycles (non-donor); Thawed IVF cycles (non-donor); donor and provider egg IVF cycles in fertility clinics; hospitals; surgical centers; clinical research institutes.
In june 2018, Virtus Health, a Australiaprovider of assisted reproduction services (ARS), acquired Trianglen Fertility Clinic, a Denmarkfertility clinic based in the amount of AUD 43 million ($ 32.13 million). The acquisition is expected to strengthen Virtus’ international growth strategy and the expansion of the Virtus model. The Trianglen fertility clinic was established in 1993 in Copenhagen, Denmark, and during fiscal year 2017, the Trianglen fertility clinic performed 1,292 egg retrieval cycles and 366 frozen embryo transfers.
The increase in the infertility rate has contributed to the growth of the market for in vitro fertilization (IVF) services. Infertility is known as the inability to conceive within 12 months. Global fertility rates have fallen from 3.2 live births per woman in 1990 to 2.5 live births per woman in 2019. According to the US Department of Health and Human Services, about 12 to 13 in 100 couples have difficulty to design. In addition, according to the Indian Journal of Community Medicine, 15 to 20 million cases of infertility are in India alone. The increasing rate of infertility has driven people to resort to IVF services contributing to the growth of the market.
The high cost of IVF services limits the market for in vitro fertilization (IVF) services. For example, the cost of a basic IVF package varies from $ 4,700 To $ 20,000, and the average price in the United States is about $ 12,000. The total cost of a single IVF cycle can vary between $ 8,000 To $ 30,000. According to FertilityIQ, in 2018 the cost of IVF services was approximately $ 22,000, which is now increasing. In emerging economies like India, the cost of IVF services ranges from INR 70,000 to INR 300,000. The high cost of IVF services makes them inaccessible to low and middle income populations, which negatively affects the growth of the IVF services market.
Main topics covered:
2. Characteristics of the IVF services market
3. IVF Services Market Trends and Strategies
4. Impact of COVID-19 on IVF Services
5. Size and Growth of IVF Services Market
5.1. Historical Global IVF Services Market, 2015-2020, in USD Billion
5.1.1. Market drivers
5.1.2. Market restrictions
5.2. Global IVF Services Forecast Market, 2020-2025F, 2030F, in USD Billion
5.2.1. Market drivers
5.2.2. Market constraints
6. Market segmentation of IVF services
6.1. Global IVF Services Market, Segmentation by Cycle Type, History and Forecast, 2015-2020, 2020-2025F, 2030F, in USD Billion
6.2. Global IVF Services Market, Segmentation by Service Provider, History and Forecast, 2015-2020, 2020-2025F, 2030F, Billion USD
6.3. Global IVF Services Market, Segmentation by End User, History and Forecast, 2015-2020, 2020-2025F, 2030F, in USD Billion
7. Regional and National Analysis of IVF Services Market
7.1. Global IVF Services Market, Divided by Region, Historical and Forecast, 2015-2020, 2020-2025F, 2030F, in USD Billion
7.2. Global IVF Services Market, Divided by Country, Historical and Forecast, 2015-2020, 2020-2025F, 2030F, in USD Billion
For more information on this report, visit https://www.researchandmarkets.com/r/ceukm6
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