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IVF Services Market Report 2023-2032: Opportunity Assessment, Growth Rate, Major Trends And Key Players Analysis | Ambroise Par Group, amedes MVZ Köln GmbH, AMP Centre St Roch, AVA Clinic Scanfert, Bangkok IVF center
IVF Services Market
The Business Research Company's Template Global Market Report 2023 identifies The rising infertility rate as the major driver for the IVF Services Market's growth in the forecast period. Infertility is known as the inability to conceive within 12 months. According to the US Department of Health and Human Services, around 12 to 13 couples in 100 have a problem in conceiving. Moreover, according to the Indian Journal of Community Medicine, 15 to 20 million infertility cases are in India alone. The rising infertility rate made people resort to IVF services contributing to the growth of the market.
The global ivf services market size will grow from $15.38 billion in 2022 to $17.13 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global ivf services market size is expected to grow to $25.27 billion in 2027 at a CAGR of 10.2%.
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Major competitors in the IVF services market are Ambroise Par Group, amedes MVZ Köln GmbH, AMP Centre St Roch, AVA Clinic Scanfert, Bangkok IVF center, Betamedics, Bloom Fertility and Healthcare, Bourn Hall Fertility Centre, Biofertility Centre and Chelsea and Westminster Hospital (Assisted Conception Unit).
A key trend in the IVF Services Market includes the high cost of IVF services limits. For instance, the cost of a basic IVF package ranges from $4,700 to $20,000, and the average price in the USA is around $12,000. The total cost of a single IVF cycle can range between $8,000 to $30,000. According to FertilityIQ, the cost of IVF services was around $22,000. In emerging economies like India, the cost of IVF services ranges from INR 70,000 to INR 300,000. The high cost of IVF services makes it unavailable to low- and middle-income populations negatively affecting the IVF services' market growth.
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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 Service Provider: Fertility Clinics, Hospitals, Surgical Centers, Clinical Research Institutes
By End User: Fertility Clinics, Hospitals & Other Settings
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.
The Business Research Company's "Global IVF Services Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The IVF Services Market Include:
1. Executive Summary
2. IVF Services Market Characteristics
3. IVF Services Market Trends And Strategies
4. IVF Services Market - Macro Economic Scenario
5. IVF Services Market Size And Growth
……
26. Africa IVF Services Market
27. IVF Services Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The IVF Services Market
29. IVF Services Market Future Outlook and Potential Analysis
30. Appendix
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