Press release
An Update on 2014-2022 U.S. IVF Services Market Success Rate Data:- Opportunity Analysis and Industry Forecast
The U.S. IVF Services Market was valued at $2,213.1 million in 2015 and is projected to reach $4,472.2 million by 2022, registering a CAGR of 10.6% from 2016 to 2022.IVF services market is growing due to rise in number of delayed pregnancies among women, increase in number of infertility cases, and modern lifestyle leading to various gynecological conditions. In addition, the IVF services has become popular in the U.S. owing to advance IVF practices, which helps several patients to solve fertility problem, and technological advancements in IVF procedures. However, high cost of IVF treatments and lack of established regulations majorly restrain the market growth. Developments of fertility clinics and novel IVF technologies by key players are expected to offer lucrative growth opportunities for IVF service providers in future.
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In vitro fertilization is a type of assisted reproductive technology, which involves the artificial fertilization of egg with sperm in laboratory settings and then resulting zygote is implanted into the uterus. According to the Society for Assisted Reproductive Technology (SART), in 2013 about 1.5% babies born in the U.S. were conceived through IVF procedures
Delay in parenthood, increase in number of infertility cases due to age concern, and increase in trend of middle age pregnancies drive the market. In addition, rise in health awareness on fertility issues, adoption of advanced IVF procedures, and increase in consumption of alcohol and cigarettes leading to sedentary lifestyles further fuel the market growth. However, factor such as expensive IVF treatments and stringent government regulations restrain the market growth. The upsurge in demand for novel IVF technologies and rise in disposable incomes are expected to provide numerous opportunities for market growth during the forecast period.
The overall number of embryo transfers performed in U.S. stood at 180.4 thousand in 2015 and is expected to reach 353.7 thousand by 2022, registering a CAGR of 10.1% during the forecast period. The growth of the market is associated with modern lifestyle, increase in infertility rate among couples, availability of advanced technology, and skilled IVF technicians.
Key players in the U.S. IVF services market includes companies, hospitals, surgical centers, fertility centers, and clinical research institutes
- Fertility and Gynecology Center Monterey Bay IVF,
- Conceptions Reproductive Associates,
- Servy Massey Fertility Institute,
- Sher Institute for Reproductive Medicine (SIRM),
- Cardone Reproductive Medicine & Infertility,
- Fertility Center of San Antonio,
- Houston Fertility Center,
- New hope fertility center, and
- Reproductive Medicine Associates of New Jersey.
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Table Of Content
Chapter: 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY MARKET BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
Chapter: 2 EXECUTIVE SUMMARY
2.1. KEY FINDING OF THE STUDY
Chapter: 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. OVERVIEW
3.3. MARKET SIZE AND FORECAST
3.3.1. Number of infertility clinics, 2015
3.4. REGULATORY ISSUES, LEGISLATIONS, AND AUTHORITIES
3.5. INSURANCE REIMBURSEMENT SCENARIO
3.6. KEY IMPACTING FACTORS
3.6.1. Drivers
3.6.1.1. Increasing popularity of IVF in the U.S.
3.6.1.2. Increased rate of infertility and practices of embryo banking cycles
3.6.1.3. Delayed pregnancy
3.6.1.4. Technological advancements in IVF treatment
3.6.2. Restraints
3.6.2.1. High cost of IVF treatments in the U.S.
3.6.2.2. Restrictions on three-parent IVF treatments
3.6.2.3. Scattered Reimbursements
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