Russia In Vitro Fertilization (IVF) Market determined to grow $641 Mn by 2022 End : Allied Market Research

"Russia In Vitro Fertilization by End User, Cycle Type, Type, Drug, and Mode of Administration: Opportunity Analysis and Industry Forecast, 2014-2022," a new report published by Allied Market Research. The Russia IVF market was valued at $398 million in 2015, and is projected to reach $641 million by 2022, growing at a CAGR of 7.0% from 2016 to 2022. Non-assisted IVF cycles are projected to witness the highest growth rate from 2016 to 2022.

In Vitro Fertilization (IVF) is assisted reproductive technology (ART), which involves extraction of eggs, sampling of sperm cells, and manual combination of eggs and embryos. Embryos are transferred to the female womb for further pregnancy.

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The Russian IVF market is driven by an increase in infertility cases, a delayed pregnancy trend among women, IVF procedures and spouse donations. However, IVF treatment is expected to hinder this growth. In addition, with the growing interest in one parent and same-sex couples, the experience of parenting through ART, especially IVF, is expected to provide a variety of opportunities for market development.

The fertility clinic sector accounted for the highest proportion of the Russian Federation in 2015, providing a variety of infertility treatments under a single roof and applying applicable government reimbursement schemes. The donor oocyte IVF cycle type segment is expected to show the highest growth rate between 2016 and 2022. However, new cycles (non-donors) are expected to dominate the cycle type market.
Gonadotropin and gonadotropin releasing hormone now dominate the drug sector in the market and are expected to grow at a CAGR of 6.5% over the forecast period. This is due to the effectiveness and safety of this drug, which stimulates ovulation during the IVF procedure.

Key Findings of the Russia in Vitro Fertilization (IVF) Market:

• The fertility clinics end-user segment is anticipated to grow at the highest CAGR from 2016 to 2022 in terms of value as well as volume.
• The fresh IVF cycle (non-donor) cycle type segment generated the highest revenue in 2015, and is expected to continue its dominance in the near future.
• ICSI assisted IVF cycles dominated the Russia IVF market, and are projected to grow at a CAGR of 6.4%.
• Donor egg IVF cycle type is expected to witness the highest growth rate in terms of value as well as volume during the forecast period.

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The major companies profiled in the report include Ava-Peter Clinic, MD Medical Group, and IVF Russia (The International Centre of the Reproductive Medicines).

Russia IVF Market Key Segments:

By End User

• Fertility Clinics
• Hospitals
• Surgical Centers
• Clinical Research Institutes

By Cycle Type

• Fresh IVF cycles (Non-donor)
• Thawed IVF cycles (Non-donor)
• Donor Egg IVF Cycles

By Type

• Non-ICSI IVF Cycles
• ICSI-assisted IVF Cycles

By Drug

• Clomiphene Citrate
• Aromatase Inhibitors
• Gonadotropins & Gonadotropin-releasing Hormone
• Follicle-stimulating Hormone
• Progesterone
• Others

By Mode of Administration

• Oral
• Injectable
• Vaginal

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