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Demand of IVF Services in U.S. | Market Size, Technology Trends & Precise Statistics 2022

02-06-2019 02:58 PM CET | Health & Medicine

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Demand of IVF Services in U.S. | Market Size, Technology Trends &

In vitro fertilization is a type of assisted reproductive technology, which consists of the artificial fertilization of ovules with sperm in laboratory environments and then the resulting zygote is implanted in the uterus. According to the Society for Assisted Reproduction Technology (SART), in 2013, approximately 1.5% of babies born in the United States were conceived through IVF procedures

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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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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