Asia-Pacific IVF Services Market is Progressing At a CAGR of 12.4% from 2018 – 2028 | Allied Market Research

In vitro fertilization (IVF) is a type of assisted reproductive technology in which the ovum is artificially fertilized in laboratory settings and then implanted into the uterus. IVF is one of the widely used treatments, which assisted couples with infertility problems, single mothers, and the LGBT community to procreate.

Increase in infertility rate, rise in trend of delayed pregnancies, surge in IVF success rate, and growth in disposable income in Asia-Pacific region drive the growth of the IVF services market. However, the market growth is restricted by complications associated with IVF treatment, and low awareness level for IVF in some under developed regions.

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Based on cycle-type, the fresh cycle (non-donor) segment is major revenue contributor and is expected to dominate the market during the forecast period.

Depending on end user, the Asia-Pacific IVF services market is dominated by the fertility clinics segment and is estimated to continue this trend during the forecast period, due to low cost of treatment and increase in number of fertility clinics.

According to Allied Market Research Asia-Pacific IVF Services Market generated $2,527 million in 2014 and is projected to reach $13,669 million by 2028, growing at a CAGR of 12.4% from 2018 to 2028.

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Major Players:

• Bloom Fertility and Healthcare
• Bloom Fertility Center
• Bourn Hall Fertility Center
• Bumrungrad International Hospital
• CHA Fertility Center
• Chennai Fertility Center
• Cloudnine Fertility
• Damai Service Hospital
• Fatemieh Infertility Center

Key Findings of the Asia-pacific IVF Services Market:
• Fresh IVF cycle (non-donor) segment is expected to grow at a significant CAGR of 12.9% (in terms of value) from 2018 to 2028
• Japan generated the highest revenue in the Asia-Pacific IVF services market in 2017 accounting for nearly half of the market share in 2017
• Japan witnessed the highest number of IVF treatments accounting for nearly two-fifths of the total cycles in 2017 and is expected to remain so throughout the forecast period
• India is expected to register the highest CAGR of 15.3% (in terms of value) throughout the forecast period

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