Dublin, March 01, 2024 (GLOBE NEWSWIRE) -- The "China In-Vitro Fertilization Market, Size, Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis" report has been added to ResearchAndMarkets.com's offering.
This report provides an in-depth analysis of the current trends, growth drivers, and obstacles impacting the China In-Vitro Fertilization (IVF) market. This research study sheds light on the potential growth expected between 2024 and 2030, examining various segments including treatment types, instruments, procedures, and end-users.
China's Commitment to Expanding IVF Facilities Signals Market Growth
A key insight from the report highlights the Chinese government's promise to establish extensive IVF facilities to accommodate increasing demand by 2025. With over half a million IVF cycles annually yielding approximately 300,000 births, China's investment in reproductive health services is a hallmark example for countries grappling with similar demographic challenges. These initiatives are crucial in assisting families looking to expand, and the market's reaction to these measures is expected to be robust.
Market Trends Shaping the In-Vitro Fertilization Industry in China
- Economic advancement and lifestyle shifts lead to a significant market for IVF procedures, with a notable emphasis on donor egg treatments.
- Disposable devices in IVF practices are gaining traction, owing to their convenience and heightened standards for infection control.
- ICSI IVF is projected to dominate the procedural aspect of the market, addressing male infertility more effectively.
- Fertility clinics emerge as the prevalent end-users in the market, aligning with the specialized care and advanced treatment preferences.
Forecasted Growth underpinned by Economic Development and Cultural Factors
The anticipated compound annual growth rate (CAGR) of 7.72% between 2024-2030 signifies the dynamic expansion of the China IVF market, largely influenced by the economic progression, the shift towards later-in-life parenthood, and the supportive healthcare landscape. The trend of delayed motherhood, prevalent in urbanized regions, plays a significant role in driving the need for assisted reproductive technologies.
Key Findings on IVF Market Segmentation
The segmentation of the IVF market, detailed within the report, reveals a comprehensive breakdown as follows:
- Fresh Embryo
- Frozen Embryo
- Donor Egg
- Others
By instruments, the segmentation is categorized as:
- Culture Media
- Disposable Devices
- Capital Equipment
Regarding procedures, the breakdown includes:
- ICSI IVF
- Non-ICSI IVF
- IUI
Discerning the end-users, the analysis covers:
- Fertility Clinics
- Hospitals
- Others
Industry Leaders Spearheading the China IVF Market
The report delivers an objective review of the competitive landscape, featuring comprehensive profiles on leaders in the IVF space, their developmental milestones, and revenue analyses. These key players are charting the path forward with their pioneering services and technologies in IVF treatments.
Through meticulous market examination, insightful trends analysis, and strategic forecasts, this report emerges as a critical resource for stakeholders in the China IVF market, providing the data needed to understand the trajectory and opportunities in this burgeoning sector.
Key Attributes
Report Attribute | Details |
No. of Pages | 105 |
Forecast Period | 2023-2030 |
Estimated Market Value (USD) in 2023 | $5.37 Billion |
Forecasted Market Value (USD) by 2030 | $9.04 Billion |
Compound Annual Growth Rate | 7.7% |
Regions Covered | China |
Companies Mentioned
- Vitrolife
- Cloudnine
- Nova IVI Fertility
- Monash IVF
- Maria Fertility Hospital
- Bangkok Fertility Center
- EMD Serono, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/dol4a4
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