Surge in rate of infertility and practice of embryo banking cycles and rise in rate of delayed pregnancies are the two major factors that drive the growth of U.S. IVF services market. Based on end user, the fertility clinics segment garnered the largest revenue share in 2017.
According to the report published by Allied Market Research, the U.S. IVF services market garnered $2.71 billion in 2017 and is expected to reach $4.47 billion by 2022, registering a CAGR of 10.6% from 2017 to 2022.
Rise in popularity of IVF in the U.S., surge in rate of infertility and practice of embryo banking cycles, and increase in number of delayed pregnancies are the factors that drive the growth of U.S. IVF services market. Whereas, high cost of IVF treatments in the U.S., restriction on three-parent IVF treatments, and scattered reimbursements restraint the market growth up to a certain extent. On the other hand, rapid technological advancements in IVF treatment are estimated to provide lucrative opportunities in the upcoming period.
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Based on cycle type, the fresh cycle (non-donor) segment contributed more than half of the total market share in 2017. Furthermore, the segment is expected to register the fastest CAGR of 11.1% during the forecast period. Furthermore, the report includes analysis of other segments such as thawed IVF cycle (non-donor) and donor egg IVF cycle.
Based on end user, the fertility clinics segment held the largest revenue share in 2017, accounting for more than half of the total market share. Whereas, the clinical research institutes segment is estimated to register the fastest CAGR of 11.1% during the forecast period. Furthermore, the end user is segmented into hospitals, surgical centers, and clinical research institutes.
The U.S. IVF services market report includes an in-depth analysis of the key market players such as Fertility and Gynecology Center Monterey Bay IVF, Sher Institute for Reproductive Medicine (SIRM), Servy Massey Fertility Institute, Cardone Reproductive Medicine & Infertility, Conceptions Reproductive Associates, Houston Fertility Center, Fertility Center of San Antonio, Reproductive Medicine Associates of New Jersey, and New hope fertility center.
|Market size available for years||2014 – 2022|
|Base year considered||2015|
|Forecast period||2014 – 2022|
|Forecast units||Value (USD)|
|Segments covered||By Cycle Type, By End-User|
|Geographies covered||United States|
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