In Vitro Fertilization (IVF) Services Market– Opportunity Analysis and Industry Forecast, 2016 – 2025”, the industry is expected to grow at a CAGR of 10.3% during the forecast period, 2017–2025. The experts anticipate that the market would earn $23 million by 2025. The research highlights essential strengths and potential opportunities in the industry. Thus, it enables manufacturers, stakeholders, and new entrants to take measures that lead to growth of the market.
The report introduces the global in vitro fertilization services market in terms of scope, price trends, and cycles by regions and application. It segments the industry into cycle type, end-user, and geographies.
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Based on cycle type, it divides the market into fresh cycle (Non-Donor), donor egg IVF cycle, and thawed IVF cycle (Non-Donor). According to the study, the industry finds its application in fertility clinics, clinical research institutes, surgical centers, and hospitals. On the basis of geography, it segments the market into North America, Asia-Pacific, Europe, and Latin America Middle East & Africa (LAMEA).
The research analyzes dynamics of the global in vitro fertilization services market that are capable to influence the industry. It assesses factors that cater growth path of the market, such as delay in pregnancy. Further, it evaluates many drivers of the industry which include upcoming new fertility tourism and increase infertility rate across the world. It also discusses aspects that restrict progress of the market, such as ethical consideration. Alternative factors that hinder industry growth are high costs, low level of cognizance in emerging economies, and inadequate reimbursement policies for therapeutic interventions of IVF. Moreover, the analyst explore opportunities that prevail in the market, such as three parent IVF and relaxation in regulation of legal consideration for IVF treatment.
The study provides data of revenue and number of cycles by each country of the global in vitro fertilization services market. For instance, India IVF market cycle of by cycle types, market dynamics, and company profile. It incorporates significant findings, such as in reference to number of IVF cycles performed, the Asia-Pacific region is expected to lead the industry with a CAGR of 13% during the forecast period. This is attributed to easy availability of IVF clinics & its success rate. Alternative factor that propels growth in this region is rise in trend of tourism for fertility. In addition, it reveals that Japan would continue to be leader in the Asia-Pacific region. Japan would account for majority of the market share. In terms of revenue, Europe ruled the market, owing to the favorable reimbursement scenario. This region is anticipated to grow at a CAGR of 5.1%, in 2016.
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