In-vitro Fertilization Services Market 2019|Drivers and Forecast to 2025

U.S. In-vitro Fertilization Services Market will foresee momentous expansion at 4.1% CAGR across the forecast period owing to increasing rate of infertility. According to Center for Disease Control and Prevention, about 6.1 million of U.S. women aged between 15 to 44 are facing infertility issues. Thus, increasing rate of infertility in U.S. will drive growth rate for in-vitro fertilization services business in forthcoming years.

India in-vitro fertilization services market is forecasted to reach USD 1.4 billion by 2025 due to increasing prevalence of infertility coupled with rising awareness pertaining to IVF procedures. According to Indian Society of Assisted Reproduction, currently 10 to 14% population of India is affected from infertility. Thus, higher rate of infertility will generate a strong opportunity for IVF services business in forthcoming years. Additionally, in July 2019, the French government passed a bioethics bill that would allow IVF for single women and lesbian couples in the country. Such advancements are expected to offer growth opportunities for players in the in-vitro fertilization services market.

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In-vitro Fertilization Services market report provides a comprehensive landscape of the industry, accurate market estimates and forecast split by product, application, technology, region and end-use.

Rising cases of infertility among women & stress induced by fast paced urban lifestyle is driving in-vitro fertilization services market share. According to the Center for Disease Control and Prevention (CDC), around 6.1 million women in the U.S., aged between 15-44 years, have difficulty getting or staying pregnant. Surge in infertility cases among women can be attributed to factors like hormonal imbalance, excess alcohol & caffeine consumption, eating disorder, obesity and stress.

Additionally, growing trend of delaying pregnancy until the ages of 30 to 40 is also leading to rise in cases of infertility lately. For instance, according to The Office on Women's Health (OWH), woman over the age of 30 are often diagnosed with fertility problems.

With growing infertility rate among men worldwide, the intracytoplasmic sperm injection (ICSI) procedure segment is anticipated to generate added proceeds in the coming years. According to a new study from the Hebrew University of Jerusalem, sperm count in men from Europe, North America, Australia and New Zealand has declined by 50%-60% between 1973 and 2011. Moreover, experts suggest that men across these regions are likely to have little or almost no reproductive capacity by 2060.

Reportedly, factors like unhealthy lifestyle, lack of physical activity, work stress, pollution, poor diet, alcohol consumption and smoking contribute to increased rate of infertility in men. Doctors from the All India Institute of Medical Sciences (AIIMS) have also reported that over 12-18 million couples in India are diagnosed with infertility each year.

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With rapid medical advancements and development in assisted reproduction techniques like intracytoplasmic sperm injection (ICSI) and IMSI (intracytoplasmic morphologically selected sperm injection), men with poor sperm will also be able to father children. According to a study by the University of Aberdeen, among 2,133 women who undertook IVF or ICSI procedures, 1,060 had achieved a live birth, of whom 15% later had another live birth independent of treatment within five years. With such promising results, the demand for ICSI will increase significantly in coming years and is anticipated to boost In-vitro Fertilization Services industry growth over the forecast period.
Based on end-use, the fertility centers segment in In-vitro Fertilization Services market is anticipated to accrue momentous growth because of increasing demand for infertility procedures worldwide coupled with rapid advancements in reproductive technology. Increasing urbanization and rise in number of investments & infrastructure expansions worldwide will further compliment segment growth.
Additionally, in 2019, Shady Grove Fertility (SGF), one of the leading fertility centers in the U.S., announced the opening of its newest full-service in vitro fertilization (IVF) center in Tampa, Florida, providing access of high-quality fertility care to patients. Expansions like these will offer new growth opportunities in the fertility centers segment, thereby boosting In-vitro Fertilization Services market size.

In terms of regional share, the U.S. In-vitro Fertilization Services market is anticipated to hold major revenue share due to growing awareness regarding IVF procedures along with rise in government initiatives to encourage people to avail such treatments. In 2016, Congress authorized the Department of Veterans Affairs to cover IVF and other fertility treatments for veterans who struggle to have children caused by service-related issues. Additionally, increasing prevalence of infertility among Americans will further boost U.S. In-vitro Fertilization Services market size over the forecast period.

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Report Content
Chapter 1. Methodology
1.1. Methodology
1.2. Market definition
1.3. Forecast parameters
1.4. Data sources
1.4.1. Secondary
1.4.1.1. Paid sources
1.4.1.2. Unpaid sources
1.4.2. Primary
Chapter 2. Executive Summary
2.1. In-vitro fertilization services industry 3600 synopsis, 2014 - 2025
2.1.1. Business trends
2.1.2. Procedure trends
2.1.3. Age group trends
2.1.4. End-use trends
2.1.5. Regional trends
Chapter 3. In-vitro Fertilization Services Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2014 - 2025
3.3. Industry impact forces
3.3.1. Growth drivers
3.3.1.1. Rising prevalence of infertility across the globe
3.3.1.2. Various government initiatives in developed and developing nations
3.3.1.3. Rising awareness pertaining to application of In-vitro Fertilization Services
3.3.1.4. Demographical shift
3.3.2. Industry pitfalls & challenges
3.3.2.1. Poor reimbursement scenario and social barriers in developing economies
3.3.2.2. High cost of IVF procedures in developed nations
3.4. Growth potential analysis
3.4.1. By procedure
3.4.2. By age group
3.4.3. By end-use
3.5. Regulatory scenario
3.6. Porter's analysis
3.7. Competitive landscape, 2017
3.7.1. Strategy dashboard
3.8. PESTEL analysis

More Insightful Info@ https://www.marketwatch.com/press-release/in-vitro-fertilization-services-market-2019-opportunity-analysis-and-industry-forecast-by-2025-2020-01-17

Global IVF service market will reap the results of rapid advancements in reproductive technologies and rising cases of infertility worldwide. Increasing investments in R&D and expansion strategies are supplementing fertility center growth worldwide. Additionally, government initiatives focused on lowering IVF treatment cost is enhancing industry outlook. Global Market Insights, Inc., estimates In-vitro Fertilization Services market size to exceed USD 17.3 billion by 2025.

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Few of the notable industry players operating in global In-vitro Fertilization Services market are IVIRMA Global, Ovation Fertility, AVA Clinic Scanfert, Bangkok IVF Center, Bourn Hall Fertility Clinic, Cardone & Associates Reproductive Medicine & Infertility, LLC, Nova IVI Fertility, Max HealthCare Pvt. Ltd. and Morpheus Life Sciences Pvt. Ltd.

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