The global IVF Services market was valued at $14.13 Billion in 2021 and is anticipated to grow at a CAGR of 9.91% from 2020 to 2032. This growth is attributed to several macro and microeconomic factors such as
The market for IVF services is expanding primarily as a result of the rise in IVF success rates. Thanks to developments in technology and medicine over the past few years, the success rate of IVF has been rising significantly. This has caused an increase in the number of couples choosing IVF as a method of conception, which in turn is driving up demand for IVF services. Additionally, the market for IVF services is expanding as a result of the growing public knowledge of IVF and its success.
Further several factors restraining the market growth include
- Strict guidelines and ethical ambiguity
Many nations have stringent regulations limiting who may offer these treatments and how they can be delivered, which has resulted in a highly controlled market for IVF services. Given the intense controversy surrounding the morality of utilizing assisted reproductive technology to produce children, these rules are frequently founded on ethical considerations. Additionally, a lot of individuals think that IVF treatments should only be offered to those who are unable to conceive naturally because it is viewed as a last choice. Due to these reasons, the market for IVF treatments is frequently extremely small, with a few clinics providing these procedures in each nation.
Collaborations and Alliances in the IVF Services market are expected to generate higher avenues during the forecast period.
In the wake of the COVID-19 pandemic, supply chain disruptions have led to supply shortages or lower demand in the IVF Services market. The pandemic has caused a decline in new orders and a corresponding decrease in production.
This section will analyze how COVID-19 has impacted supply chains, leading to shortages and lower demand for IVF Services.
IVF Services Market Dynamics
In terms of COVID-19 impact, the IVF Services market report also includes the following data points:
- Impact on IVF Services market size
- Operating Weights Trend, Preferences, and Budget Impact
- Regulatory Framework/Government Policies
- Key Players’ Strategy to Tackle Negative Impact/Post-COVID Strategies
- Opportunity in the IVF Services market
Key Insight in the report:
The global IVF Services market report covers an executive summary, market dynamics, COVID impact & post-COVID scenario, market size and forecast, competitive intelligence, market positioning, and product offerings.
Our report covers extensive competitive intelligence which includes the following data points:
- Business Overview
- Business Segment Data
- Financial Data
- Product Segment Analysis and Specification
- Recent Development and Company Strategy Analysis
- SWOT Analysis
IVF Services Market Segment Overview
IVF Services Market Segmentation:
- Cycle Type
- Fresh IVF Cycles (Non-donor)
- Thawed IVF Cycles (Non-donor)
- Donor Egg IVF Cycles
- End-User
- Fertility Clinics
- Hospitals
- Surgical Centers
- Clinical Research Institutes
Global IVF Services Market Share, by Segmentation
IVF Services Market Regional Analysis
Region/ Countries Covered:
- North America
- US
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia Pacific
- Rest of the World
- South America
- Middle East & Africa
Key Players Analyzed in the Report:
- 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
| Parameters | Indicators |
|---|---|
| Market Size | 2032: $ 40.52 Billion |
| CAGR | 9.91% CAGR (2022-2032) |
| Base year | 2021 |
| Forecast Period | 2020-2032 |
| Historical Data | 2020 |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Key Segmentations | Cycle Type, End-User |
| Geographies Covered | North America, Europe, Asia-Pacific, Latin America, Middle East, Africa |
| Key Vendors | 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 |
| Key Market Opportunities | Increase in the number of fertility clinics |
| Key Market Drivers | The rise in IVF success rate |
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REPORT CONTENT:
- High-level analysis of the current and future market trends and opportunities
- Detailed analysis of current market drivers, restraining factors, and opportunities in the future
- IVF Services market estimates for 2021 and forecast from 2020 to 2032
- Vendor market share analysis at each product level
- Competitor analysis with a detailed insight into its product segment, financial strength, and strategies adopted.
Target Audience
- Manufacturers
- Suppliers and traders
- Government, associations, and industrial bodies
- Investors and trade experts
- Consulting Firms or Individual Consultants
- Anyone interested in understanding the industry dynamics of the IVF Services market
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