France IVF Services Market is expected to garner $579.2 Million by 2022 : Allied Market Research

"Decreasing total fertility rate, supportive regulations such as social security policy for women undergoing IVF, and high success rate of IVF treatments in France drive the market growth. In addition, the IVF services in France are affordable as compared to other developed countries is another factor that fuels the market growth."

According to a new report published by Allied Market Research titled, France IVF Services Market by End User and Cycle Type: Opportunity Analysis and Industry Forecast, 2014-2022, the France IVF services market is estimated to reach $579.2 million by 2022, registering a CAGR of 4.0% from 2016 to 2022.

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In addition, the French government took a step toward the growth of IVF market in France by allowing married same-sex couples to adopt children born by the process of in vitro fertilization. In France, the adoption of IVF technique is legally allowed only for married heterosexual couples. This resulted in improvement in the adoption rates of IVF techniques equally by the entire French society.

However, stringent government regulations prohibit same sex couple and single woman to adopt IVF technique to conceive, which has restricted the market growth. In addition, the fertility treatments are strictly monitored and the authenticity of IVF clinics and gynecologists in the country is checked.

Key players in the France IVF services market include Clinique de la Muette and Hopital Cochin.

The IVF services market in France is characterized by important factors such as higher success rate, low costs of IVF services as compared to the UK and the U.S., and adoption of IVF child by homosexual couples. In addition, the social security policy on assisted fertility treatments in France is currently recognized as more liberal than the U.S. or the UK. Lower rates of fertility and married homosexuals adoption of IVF babies drive the market growth.

The fertility clinics segment is anticipated to dominate the market during the forecast period in terms of volume and revenue. Whereas, the fresh IVF cycles (non-donor) segment is expected to be the highest revenue contributor.

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Key Findings of the France IVF Services Market:

Based on cycle type, fresh IVF cycle (non-donor) is projected to be the one of the fastest growing segment at a CAGR of 4.3% from 2016 to 2022, in terms of revenue
Based on end users, fertility clinics is projected to be the one of the fastest growing segment at a CAGR of 5.0% from 2016 to 2022, in terms of revenue.
Based on cycle type, fresh IVF cycle (non-donor) is projected to be the one of the fastest growing segment at a CAGR of 4.3% from 20162022, in terms of volume

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