Exclusive Report on Global IVF Services Industry: Growth Opportunity | Sun Pharmaceuticals Industries Ltd, Lab IVF Asia Pte. Ltd, and LG Life Sciences.

The global IVF Services market size was valued at $13.20 Billion in 2020 and is expected to reach $28.84 Billion by 2028 growing at the CAGR of 9.96% from 2021 to 2028.

The global fertility services market is anticipated to exhibit significant growth during the forecast period. The key factors driving the fertility services market include an increase in fertility rate, decreased age at marriage, and pregnancy-related complications. Moreover, the increase in the APAC population has contributed to the booming fertility services market.

However, negative factors such as low awareness for IVF and surgical treatment in developing countries and the high cost of IVF treatment limit the growth of the market.

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Key Players

Some of the major IVF Services players holding high market share include Sun Pharmaceuticals Industries Ltd, Lab IVF Asia Pte. Ltd, and LG Life Sciences. These players use acquisition and expansion as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
● Sun Pharmaceuticals Industries Ltd
● Lab IVF Asia Pte. Ltd
● LG Life Sciences
● Cadila Pharmaceuticals Ltd.
● Bourn Hall Clinic
● Morpheus Life Sciences Pvt. Ltd
● Southend Fertility and IVF Centre
● Nova IVI Fertility
● Bloom Fertility Center

The recently published research report on Global IVF Services Market by Evolve Business Intelligence examines the industry in the context of major market aspects including market size & forecast, market shares in terms of revenues and volume, key players, and SWOT analysis. The market is analyzed based on 4 separate indications in the market dynamic chapter: Drivers, Restraints, Key Trends, and Challenges. The total sum of these sections will help you understand what strategies will be best to adopt in order to prosper through this industry over a few short years. The quantitative analysis includes our actual findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.

The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the IVF Services market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.

The New Normal

As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.

In terms of COVID 19 impact, the IVF Services market report also includes the following data points:
● COVID19 Impact on IVF Services market size
● End-User/Industry/Application Trend, and Preferences
● Government Policies/Regulatory Framework
● Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
● Opportunity in IVF Services market

Segmental Analysis

Market Segment By Gender with focus on market share, consumption trend, and growth rate of IVF Services Market:
o Male
o Female

Market Segment By Procedures with the focus on market share, consumption trend, and growth rate of IVF Services Market:
o ICSI IVF
o Non-ICSI IVF
o IUI

Market Segment By End Users with a focus on market share, consumption trend, and growth rate of IVF Services Market:
o Fertility Clinics
o Hospitals
o Others

For more information: https://evolvebi.com/product/ivf-services-market-analysis-and-global-forecast-2021-2028-with-covid-impact-analysis/

Key Region/ Countries Covered
● North America (US, Canada, Mexico)
● Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
● Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
● Rest of the World (the Middle East & Africa and South America)

The IVF services market is segmented into North America, Europe, Asia-Pacific, and LAMEA. The Asia Pacific holds the largest market share and is expected to dominate the market throughout the forecast period. This can be attributed to the huge population base in countries such as India and China along with the increase in awareness about IVF treatments, low cost of IVF treatment, rise in infertility cases and rise in disposable income coupled with the decline in stem cell therapy risks associated with it.

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