Demand of IVF Services in U.S. | Market Size, Technology Trends & Precise Statistics 2022
The delay in motherhood, the increase in the number of cases of infertility due to age and the increase in the tendency of middle-aged pregnancies drive the market. In addition, increased awareness of fertility health, adoption of advanced IVF procedures and increased consumption of alcohol and cigarettes that lead to sedentary lifestyles further boost market growth.
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However, factors such as costly IVF treatments and strict government regulations limit market growth. It is expected that the increased demand for new IVF technologies and the increase in disposable income will provide numerous opportunities for market growth during the forecast period.
The total number of embryo transfers made in the USA UU It was 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 the modern lifestyle, the increase in the rate of infertility between couples, the availability of advanced technology and specialized technicians in IVF.
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It is anticipated that the fertility clinic segment dominates the market during the forecast period in terms of volume and income. This is due to the reason fertility clinics provide advanced technology and a wide range of fertility treatments under the same roof for patients.
Key Findings of the U.S. IVF Services Market:
• Based on cycle type, in 2015, fresh IVF cycle (non-donor) segment accounted for around half share of the total market, in terms of revenue and volume.
• Based on end user, clinical research institutes segment is projected to be one of the fastest growing segment at a CAGR of 11.1% in terms of revenue.
• Based on end user, in 2015, fertility clinics segment accounted for around three-fifths share of the total market in terms of volume.
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