Portland, OR, May 14, 2019 (GLOBE NEWSWIRE) -- Allied Market Research recently published a report, titled, “U.S IVF Services Market by Cycle Type [Fresh Cycle (non-donor), Thawed IVF Cycle (non-donor), and Donor Egg IVF Cycle], and End User (Fertility Clinics, Hospitals, Surgical Centers, and Clinical Research Institutes) - Opportunity Analysis and Industry Forecast, 2014–2022”. According to the report, U.S. IVF Services Market accounted for $2.71 billion in 2017 and is projected to garner $4.47 billion by 2022, registering a CAGR of 10.6% from 2016 to 2022.
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Increasing popularity of IVF in the U.S., rise in rate of infertility and practice of embryo banking cycles, and surge in number of delayed pregnancies are the key factors that drive the growth of U.S. IVF services market. However, high cost of IVF treatments in the U.S., restriction on three-parent IVF treatments, and scattered reimbursements hamper the market growth. On the contrary, rapid technological advancements in IVF treatment are expected to create lucrative opportunities in the near future.
The U.S. IVF services market is divided on the basis of cycle type and end user. Based on cycle type, the market is segmented into fresh cycle (non-donor), thawed IVF cycle (non-donor), and donor egg IVF cycle. The fresh cycle (non-donor) segment dominated the market in 2017, contributing more than half of the total market. Moreover, the segment is expected to register the fastest CAGR of 11.1% during the forecast period. The other segments are - estimated to manifest steady growth through 2022.
On the basis of end user, the market is divided into fertility clinics, hospitals, surgical centers, and clinical research institutes. The fertility clinics segment held the largest share in 2017, accounting for more than half of the total market. However, the clinical research institutes segment is projected to portray the fastest CAGR of 11.1% during the study period.
The U.S. IVF services market report includes an in-depth analysis of the key market players such as Conceptions Reproductive Associates, Fertility and Gynecology Center Monterey Bay IVF, Sher Institute for Reproductive Medicine (SIRM), Servy Massey Fertility Institute, Fertility Center of San Antonio, Cardone Reproductive Medicine & Infertility, New hope fertility center, Houston Fertility Center, and Reproductive Medicine Associates of New Jersey.
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