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Global IVF Services Market Report 2022 : Size, Share, Growth Rate, Business Module, Product Scope And Expansion 2031
According to The Business Research Company's IVF services market report, The global IVF services market is expected to grow from $12,746.9 million in 2020 to $13,782.0 million in 2021 at a compound annual growth rate (CAGR) of 8.1%. 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 market is expected to grow at a CAGR of 11.5% from 2020 to reach $21,970.6 million in 2025. The global IVF services market is expected to reach $37,367.2 million in 2030, at a CAGR of 11.2%.
The rising infertility rate contributed to the growth of in vitro fertilization (IVF) services market. Infertility is known as the inability to conceive within 12 months. Increased alcohol consumption, smoking and certain syndromes such as polycystic syndrome can cause rise in decline in fertility rate. For instance, according to University of Washington's Institute for Health Metrics and Evaluation, the global fertility rate nearly halved to 2.4 in 2017 and projects it will fall below 1.7 by 2100. The rising infertility rate made women to resort to IVF services contributing to the growth of the market in the forecast period.
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The IVF services market is segmented -
• By Cycle Type: Fresh IVF Cycles (Non-Donor), Thawed IVF Cycles (Non-Donor), Donor Egg IVF Cycles
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Western Europe was the largest region in the IVF services market.
Major competitors in the IVF services market include Monash IVF Group, Virtus Health Limited, Chelsea and Westminster Hospital NHS Foundation Trust, Genea Limited, Boston IVF
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https://www.thebusinessresearchcompany.com/report/ivf-services-market
The IVF services market consists of sales of in vitro fertilization (IVF) services by entities (organizations, sole traders and partnerships) that provide IVF services which is one of the more widely known types of assisted reproductive technology (ART) used to address infertility. IVF is a process of fertilization where an egg is combined with sperm outside the body, in vitro ("in glass").
The Table Of Content For The IVF services Market Include:
1. IVF services Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
…….
22. IVF services Market Opportunities And Strategies
23. IVF services Market, Conclusions And Recommendations
24. Appendix
The Business Research Company's "Global IVF 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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