The global In Vitro Fertilization (IVF) market is expected to grow at a CAGR of 11.24% during the forecast period to reach a total market size of US$40.348 billion by 2024, increasing from US$21.3 billion in 2018.
In vitro fertilization (IVF) involves a complex series of procedures used to treat fertility or genetic problems and assist with the conception of a child. IVF is used to treat infertility patients with Blocked or damaged fallopian tubes, male factor infertility, women with ovulation disorders, premature ovarian failure, uterine fibroids, and removed fallopian tubes, and unexplained infertility.
The global IVF services market is anticipated to exhibit significant market growth during the forecast period. The growth may be attributed to the rising male and female infertility rates due to the changing lifestyle. Growing awareness and acceptance about infertility treatment will also bolster the adoption of the In Vitro Fertilization (IVF) techniques, thus boosting the growth of the In Vitro Fertilization (IVF) market. The increasing success rate of IVF treatments will also augment the growth of the IVF market. However, the high cost of the treatment coupled with the risk associated with the In-vitro Fertilization treatment might hamper the growth of the market during the given time frame.
The Global In Vitro Fertilisation (IVF) market – Forecasts from 2019 to 2024” is an exhaustive study that aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key markets, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by cycle type, end-user, and geography.
Based on cycle type, the market has been segmented as Fresh IVF Cycle, Thawed IVF Cycle, and Donor Egg IVF Cycles. On the basis of end-users, the market is divided into fertility clinics, hospitals, and research centers.
Regional analysis has been provided with detailed analysis and forecast for the period 2019 to 2024. The global market has been broken down into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific regions. The report also analyzes major countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries presents for the market players.
Major players in the In Vitro Fertilisation (IVF) market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the In Vitro Fertilisation (IVF) market.
|Market size value in 2018||US$21.3 billion|
|Market size value in 2024||US$40.348 billion|
|Growth Rate||CAGR of 11.24% from 2018 to 2024|
|Forecast Unit (Value)||USD Billion|
|Segments covered||Cycle Type, End-User, And Geography|
|Regions covered||North America, South America, Europe, Middle East and Africa, Asia Pacific|
|Companies covered||Cooper Surgical, Vitrolife AB, Thermo Fisher Scientific Inc., Cook Medical, Irvine Scientific, Nikon Instruments Inc., EMD Sereno, Genea Limited, IVFtech ApS, Hamilton Thorne, Inc.|
|Customization scope||Free report customization with purchase|
Frequently Asked Questions (FAQs)
Q1. What will be the In vitro fertilization (IVF) market size by 2024?
A1. The global In Vitro Fertilization (IVF) market is expected to reach a total market size of US$40.348 billion by 2024.
Q2. What is the size of global IVF market?
A2. In Vitro Fertilization market was valued at US$21.3 billion in 2018.
Q3. What are the growth prospects for the In vitro fertilization market?
A3. The In Vitro Fertilization (IVF) market is expected to grow at a CAGR of 11.24% during the forecast period.
Q4. How is the global IVF market segmented?
A4. The global IVF market has been segmented by cycle type, end-user, and geography.
Q5. What factors are anticipated to drive the In vitro fertilization (IVF) market growth?
A5. The global IVF services market growth may be attributed to the rising male and female infertility rates due to the changing lifestyle.
Thermo Fisher Scientific Inc.
Nikon Instruments Inc.
Hamilton Thorne, Inc.
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