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UK IVF Services Market Value set to reach $685.4 Million by 2022 : Adoption of IVF services is increasing globally and expected to create biggest opportunities

02-15-2019 06:19 PM CET | Health & Medicine

Press release from: Allied Market Research

UK IVF Services Market

UK IVF Services Market

The emerging trend of delayed pregnancies and increasing average age of parenthood over the last decade drive the growth of the market. Moreover, rise in trend in same sex couples seeking parenthood through IVF treatment propels the growth of the market. Favorable government policies such as after Human Fertilization and Embryology Act in 2008 has favored single mothers and lesbian couples to opt for IVF treatment. In addition, there is growth in polygamy and polyandry, though, to a smaller level, which increases the need for alternative reproductive treatments.

New report published by Allied Market Research titled, UK IVF Services Market by End User and Cycle Type: Opportunity Analysis and Industry Forecast, 2014-2022, the UK IVF services market is estimated to reach $685.4 million by 2022, registering a CAGR of 7.7% from 2016 to 2022.

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The UK has recently accepted the three parent IVF methods, commonly banned in other parts of the world. This method is anticipated to boost the growth of UK IVF services market owing to its inherent benefits of avoiding genes linked mitochondrial DNA diseases in babies.

However, ethical and religious issues related to surrogacy majorly restricts the market growth. For instance, Catholic Herald raised questions over the growth in number of perishing embryos and has demanded revaluation of the IVF legislation in the UK. The total number of IVF embryos allowed to perish has increased-from 6 in 1990 to 169,644 by 2013. This has largely limited the adoption of IVF technologies among infertile couples.

The fertility clinics segment is anticipated to dominate the market during the forecast period in terms of volume and revenue. This is because the fertility clinics provide technologically advanced and wide range of fertility treatments under one roof for patients.

Key Findings of the UK IVF Services Market:

• Based on cycle type, fresh IVF cycles (non-donor) is projected to be one of the fastest growing segment at a CAGR of 8.3% 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 8.9% 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 7.6% from 2016 to 2022, in terms of volume
• Based on end users, fertility clinics is projected to be the one of the fastest growing segment at a CAGR of 8.2% from 2016 to 2022, in terms of volume

Key players in the UK IVF services market includes companies, hospitals, surgical centers, fertility centers, and clinical research institutes. These includes Lister Fertility Clinics, The Bridge center, and Chelsea and Westminster Hospital.

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About us

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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According to a new report published by Allied Market Research titled, UK IVF Services Market by End User and Cycle Type: Opportunity Analysis and Industry Forecast, 2014-2022, the UK IVF services market is estimated to reach $685.4 million by 2022, registering a CAGR of 7.7% from 2016 to 2022. The UK IVF services market is characterized by important factors such as increase in cases of infertility, delayed marriages, and parenthood decisions.
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