Pune, India, June 30, 2021 (GLOBE NEWSWIRE) -- IVF Services Market: Key Insights
According to our new research study on “IVF Services Market to 2027 – Global Analysis and Forecast – by Cycle Type and End User,” the IVF Services Market Size was valued at US$ 13,496.29 million in 2019 and is projected to reach US$ 31,613.76 million by 2027; it is expected to grow at a CAGR of 11.6% during 2020–2027. The high procedural cost of reproductive techniques and risks associated with infertility treatment hinders the market growth.
IVF Services Market: Competition Landscape & Key Developments
Max Healthcare, Bloom IVF, CCRM Fertility., OXFORD FERTILITY, Create Health (Create Fertility), Medicover, Aevitas Fertility Clinic, BIOART Fertility Clinic, Prelude Fertility, Inc. and Gift ov life are among the key companies operating in the global IVF Services market. These leading companies are focusing on the expansion and diversification of their market presence, and acquisition of new customer base, thereby tapping prevailing business opportunities.
In January 2020, Ferring Pharmaceuticals and CCRM has announced the launch of Fertility House Calls, in the Greater Denver metro area, a new service that provides a simple, convenient way to explore fertility treatment options from home.
Get Exclusive Sample Pages of IVF Services Market - COVID-19 Impact and Global Analysis with Strategic Insights at https://www.theinsightpartners.com/sample/TIPRE00004431/
In March 2019, Prelude announced a partnership with Inception Fertility. The partnership made Prelude the largest fertility services provider in the U.S and added Aspire Fertility clinics to the Prelude Network.
In 2019, Europe dominated the global IVF services market and accounted for more than 35% of the market revenue. The market growth in Europe is credited to the growing number of IVF centers in the European countries, growing government support for IVF treatments. On the basis of cycle type, the IVF services market is segmented into fresh IVF cycles, thawed IVF cycles, and donor egg IVF cycles. The fresh IVF cycles segment held the largest share of the market in 2019. On the basis of end user, the IVF services market is segmented into hospitals, fertility clinics, surgical centers and clinical research institutes. The fertility centers segment is expected to register a higher CAGR in the market during the forecast period.
IVF or In Vitro Fertilization is a hyped reproductive technology in which the ova from woman's ovaries and the sperm sample from a male is retrieved and manually diffused externally in a laboratory glass dish. After the fertilization these fertile eggs undergo embryo culture for a few days and transferred to the same or another woman's uterus in order to establish a successful pregnancy.
Download Sample PDF Brochure of IVF Services Market Growth Research Report at https://www.theinsightpartners.com/sample/TIPRE00004431/
According to the World Health Organization's clinical definition, infertility is the inability of an individual to achieve a healthy clinical pregnancy. Infertility can affect both sexes, men and women; however, most research on this topic focuses only on women. Fertility rates measure the average percentage of children per woman. The fertility rate is steadily declining globally, owing to various factors, such as growing trend of late marriages and increasing age-related infertility. Global fertility rates are projected to fall to 2.4 children per woman by 2030 and 2.2 children per woman by 2050. About 12% of women in the age group 15 to 44 years in the US faced difficulty getting pregnant or achieving pregnancy to term, regardless of marital status. Also, about 6.0% of married women aged 15 to 44 years in the US are incapable of getting pregnant after one year of trying (infertility). According to the National Center for Health Statistics, the US's birth rate in 2018 was estimated as 11.968 births per 1000 people, a 0.95% decline from 2017
IVF Services Market: Segmental Overview
In terms of cycle type, the fresh IVF cycles segment held the largest share of the market in 2019, also, the same segment is anticipated to register the highest CAGR in the market during the forecast period. The advantage of a fresh embryo transfer is that it is a shorter process for getting pregnant (if the procedure is successful). In terms of end user, the fertility centers segment held the largest share of the market in 2019; also, the same segment is expected to register CAGR of 12.0% in the market during the period 2020-2027.
Direct Purchase Copy of IVF Services Market Research Study at https://www.theinsightpartners.com/buy/TIPRE00004431/
Browse Related Reports:
In-Vitro fertilization (IVF) Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product (Equipment, Reagent); Cycle Type (Frozen Non-Donor IVF Cycles, Frozen Donor IVF Cycles, Fresh Non-Donor IVF Cycles, Fresh Donor IVF Cycles); End User (Hospitals and Research Laboratories, Fertility Clinics, Cryobanks), and Geography - https://www.theinsightpartners.com/reports/in-vitro-fertilization-ivf-market
Fertility Services Market Forecast to 2028 - Covid-19 Impact and Global Analysis - By Procedure (IVF with ICSI, IUI, IVF without ICSI, Surrogacy, Others); Service (Fresh Non-Donor, Frozen Non-Donor, Egg and Embryo Banking, Fresh Donor, Frozen Donor); End User (Fertility Clinics, Hospitals, Surgical Centers, Clinical Research Institutes) - https://www.theinsightpartners.com/reports/fertility-services-market
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
Press Release - https://www.theinsightpartners.com/pr/ivf-services-market