At 11.6% CAGR, The Global IVF Services Market Shooting Revenue Growth of US$ 31,613.76 million by 2027

According to The Insight Partners market research study titled "IVF Services Market Forecast to 2027 - COVID-19 Impact and Global Analysis - by Cycle Type and End User," the market is expected to reach US$ 31,613.76 million by 2027 from US$ 13,496.29 million in 2019. It is estimated to grow at a CAGR of 11.6% from 2020 to 2027. The report highlights the trends prevalent in the market and the factors driving the market along with those that act as deterrents to its growth.

IVF or In Vitro Fertilization is a hyped reproductive technology in which the ova from woman's ovaries and the sperm sample from a male is retrieved and manually diffused externally in a laboratory glass dish. After fertilization, these fertile eggs undergo embryo culture for a few days and transferred to the same or another woman's uterus to establish a successful pregnancy.

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The fertility rate is steadily declining globally owing to various factors, such as growing trend of late marriages and increasing age-related infertility. Global fertility rates are projected to fall to 2.4 children per woman by 2030 and 2.2 children per woman by 2050. About 12% of women aged 15-44 years in the US faced difficulty in getting pregnant or achieving pregnancy to term, regardless of marital status. Also, about 6.0% of married women aged from 15 to 44 years in the US are incapable of getting pregnant after one year of trying (infertility). According to the National Center for Health Statistics, the US's birth rate in 2018 was estimated as 11.968 births per 1,000 people, a 0.95% decline from 2017. Moreover, chlamydia diseases cause about 4 to 5 million infections annually in the US. If it is not treated on time, it can cause infertility in males and females.

Top Leading companies like
Max Healthcare; Bloom IVF; CCRM Fertility.; OXFORD FERTILITY; Create Health (Create Fertility); Medicover; Aevitas Fertility Clinic; BIOART Fertility Clinic; Prelude Fertility, Inc.; and Gift ov life.

The report segments the global IVF services market as follows:

By Cycle Type
• Fresh IVF Cycles
• Thawed IVF Cycles
• Donor Egg IVF Cycles

By End User
• Fertility Clinics
• Hospitals
• Surgical Centers and Clinical Research Institutes

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The report is a combination of qualitative and quantitative analysis of the IVF Services industry. The global market majorly considers five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America (SACM). The report also focuses on the exhaustive PEST analysis and extensive market dynamics during the forecast period.

Reason to Buy
 Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global IVF Services market.
 Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.
 The key findings and recommendations highlight crucial progressive industry trends in the IVF Services market, thereby allowing players to develop effective long term strategies in order to garner their market revenue.
 Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
 Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth at a certain extent.
 Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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This release was published on openPR.