In Vitro Fertilization Market Size 2020 -Application, Trends, Growth, Opportunities Worldwide

2019 Research Report on Global In Vitro Fertilization Market is a professional and comprehensive report on the In Vitro Fertilization industry.

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Key Players: Cooper Surgical (US), Vitro life (Sweden), Cook Medical (US), Irvine Scientific (US), and Thermo Fisher Scientific (US) are the key players in the in vitro fertilization market.

"In Vitro Fertilization market is projected to grow at a CAGR of 10.9%"

The global in vitro fertilization market is expected to grow at a CAGR of 10.9% to reach to USD 847.8 million by 2022. Factors propelling market growth include growth in the median age of first-time motherhood, declining fertility rates, rising male infertility, rise in consumption of alcohol and cigarettes, and growing public awareness about infertility and the available treatment options. However, the high cost and low success rate of the IVF treatment and restrictive regulation and ethical concerns are expected to restrict the growth of In vitro fertilization market to a certain extent.

"Reagents to grow at the highest CAGR during the forecast period"

By product, the in vitro fertilization market is segmented into reagents and equipment. Reagents are estimated to account for the largest share in the global in vitro fertilization market in 2017. This large share can be attributed to the fact that increasing number of IVF procedures would lead to increase in the usage of reagents.

"Asia Pacific to dominate the IVF market"

The APAC region is expected to hold the largest share of the global in vitro fertilization market in 2017. The region is also expected to grow at the highest growth rate during the forecast period. The large share and high growth rate of the APAC region can be attributed growth in the median age of first-time motherhood, rising infertility rates, growing prevalence of PCOS, increasing incidence of obesity, the rise in fertility tourism, and government initiatives.

Research Coverage:

The report analyzes the in vitro fertilization market and aims at estimating the market size and the future growth potential of this market based on various segments such as type of cycle, product, end user, and region. The report also includes an in-depth regulatory analysis for various regions across the globe and competitive analysis of the key players in this market along with their company profiles, product offerings, recent developments, and key market strategies.

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In the end, the Global In Vitro Fertilization Market report's conclusion part notes the estimation of the industry veterans.

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This release was published on openPR.