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Fertility Services Market Is Likely To Witness Substantial Rise In Demand And Revenue By 2031
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According to The Business Research Company's fertility services market report, the global fertility services market is expected to grow from $24,466.2 million in 2015 to $37,773.7 million in 2020 at a compound annual growth rate (CAGR) of 9.1%. The growth is mainly due to the service providers resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The fertility services market is expected to grow at a CAGR of 15.7% from 2020 to reach $78,201.7 million in 2025. The global fertility services market is expected to reach $161,846.9 million in 2030, at a CAGR of 15.7%.
Growth in the historic period resulted from increasing prevalence of PCOS condition, premature ovarian failure, increasing rate of male infertility and insurance coverages to IVF procedures. Factors that negatively affected growth in the historic period were high cost, low rates of IVF success, congenital abnormality occurrence and risks and side effects associated with IVF.
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The fertility services market is segmented -
By Procedure: Assisted Reproductive Technology (ART, In-Vitro Fertilization (IVF), Artificial Insemination
By Service: Fresh Non-Donor, Frozen Non-Donor, Egg And Embryo Banking, Fresh Donor, Frozen Donor
By Application: Male, Female
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Western Europe was the largest region in the fertility services market.
Major competitors in the fertility services market include Merck KGaA, Progyny Inc., Vitrolife, IVI-RMA, Monash IVF Group
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https://www.thebusinessresearchcompany.com/report/fertility-services-global-market
The fertility services market consists of sales and provision of fertility services and related products by entities (organizations, sole traders and partnerships) that provide infertility treatment services which are used to treat infertile patients. Fertility treatment is a medical procedure intended to increase the chances of conceiving a child. Only goods and services traded between entities or sold to end consumers are included.
The Table Of Content For The Fertility Services Market Include:
1. Fertility Services Market Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
6. Introduction
……
20. Global Fertility Services Market Competitive Landscape
21. Fertility Services Market Key Mergers And Acquisitions
22. Fertility Services Market Opportunities And Strategies
23. Fertility Services Market, Conclusions And Recommendations
24. Appendix
The Business Research Company's "Global Fertility Services Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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