In Vitro Fertilization (IVF) Services Market Research Report 2021, Size, CAGR Value, Growth Rate, Latest Trends, Future Demand, Business Investment Plans, SWOT Analysis, Forecast to 2030

(MENAFN- America News Hour) In a recently published report, In Vitro Fertilization (IVF) Services market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for In Vitro Fertilization (IVF) Services Market products.

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Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth. According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018.

In vitro fertilization (IVF) is an assisted reproductive technology (ART) that involves retrieving eggs from a woman's ovaries and impregnating them with sperm in vitro. The process involves energizing a woman's ovulatory, removing an ovum from the ovaries of women, and allowing sperm to fertilize them in a liquid in a laboratory. These services are also utilized when women have complications with ovulation, polycystic ovarian syndrome, fibroids, endometriosis, and cervical issues or when the causes for infertility are uncertain. Earlier, IVF services were used to be performed in test tubes, but now a days the process is carried in a plastic dish. With the widespread of COVID-19 crisis around the world, physicians are more concerned on treating the novel coronavirus disease, due to which the treatment of IVF services are greatly affected thereby, the need for IVF technology has substantially declined. Moreover, rising cases of infertility rate among people, increase in trend of delayed pregnancies, and technological development in IVF are the few factors responsible for high CAGR of the market over the forecast period.

Furthermore, growing government funding for promoting the usage of IVF services is further contemplating the market growth around the world. For instance, in December 2016, the Ontario government announced $50 million fertility program to include 5,000 people for IVF treatment. Similarly, Singapore government provides almost 75% co-funding for several ART procedures such as in-vitro fertilization (IVF), intracytoplasmic sperm injection (ICSI) and gamete intrafallopian transfer (GIFT). This factor would boost the demand for In Vitro Fertilization (IVF) Services around the world. However, high cost of IVF treatment and lack of regulatory framework and uniform regulations are some major forces hampering the market growth over the forecast period of 2020-2026.

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The regional analysis of global In Vitro Fertilization (IVF) Services market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of market share owing to growing awareness about IVF treatment, along with rise in number of infertile populations in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026, due to the initiatives taken by market players in the region.

Major market player included in this report are:
Ambroise Paré Group
AMP Center St Roch
Bangkok IVF center (Bangkok Hospital)
CHA Fertility Center
EUVITRO S.L.U.
Fakih IVF Fertility Center
Houston Fertility Center
Morpheus Life Sciences Pvt. Ltd.
Servy Massey Fertility Institute
Thomson Medical Pte. Ltd.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Cycle Type:
Fresh IVF cycles (non-donor)
Thawed IVF cycles (non-donor)
Donor egg IVF cycles

By End-User:
Fertility Clinics
Hospitals
Surgical Centers
Clinical Research Institutes

By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2016, 2017, 2018
Base year – 2019
Forecast period – 2020 to 2026

Target Audience of the Global In Vitro Fertilization (IVF) Services Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

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TABLE OF CONTENTS

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Million)
1.2.1. In Vitro Fertilization (IVF) Services Market, by Region, 2018-2026 (USD Million)
1.2.2. In Vitro Fertilization (IVF) Services Market, by Cycle Type, 2018-2026 (USD Million)
1.2.3. In Vitro Fertilization (IVF) Services Market, by End-User, 2018-2026 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global In Vitro Fertilization (IVF) Services Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global In Vitro Fertilization (IVF) Services Market Dynamics
3.1. In Vitro Fertilization (IVF) Services Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global In Vitro Fertilization (IVF) Services Market: Industry Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter's 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global In Vitro Fertilization (IVF) Services Market, by Cycle Type
5.1. Market Snapshot
5.2. Global In Vitro Fertilization (IVF) Services Market by Cycle Type, Performance – Potential Analysis
5.3. Global In Vitro Fertilization (IVF) Services Market Estimates & Forecasts by Cycle Type 2016-2026 (USD Million)
5.4. In Vitro Fertilization (IVF) Services Market, Sub Segment Analysis
5.4.1. Fresh IVF cycles (non-donor)
5.4.2. Thawed IVF cycles (non-donor)

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