Press release
Europe In Vitro Fertilization Services Market to Expand from USD 1.15 Billion in 2023 to USD 2.76 Billion by 2030, Growing at a 13.35% CAGR, Reports Stellar Market Research
๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐๐ ๐๐๐ฏ๐๐ง๐ฎ๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก:๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐ง ๐๐ข๐ญ๐ซ๐จ ๐ ๐๐ซ๐ญ๐ข๐ฅ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ size was valued at USD 1.15 Bn. in 2023 and the total Europe In Vitro Fertilization Services Market revenue is expected to grow at a CAGR of 13.35% from 2024 to 2030, reaching nearly USD 2.76 Bn.
๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐ง ๐๐ข๐ญ๐ซ๐จ ๐ ๐๐ซ๐ญ๐ข๐ฅ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
IVF, or In Vitro Fertilization, is an advanced reproductive procedure that assists infertile couples in conceiving a child. The term "In Vitro" refers to processes performed outside the body, and in IVF, fertilization of the egg by sperm occurs in a laboratory setting.
The European IVF services market is experiencing significant growth, driven by the increasing demand for fertility treatments such as IVF, genetic testing, reproductive tissue storage, and donor services. The market is particularly strong in countries like the UK, Germany, and France, where the demand for these services is expected to rise during the forecast period.
๐๐ง๐ฅ๐จ๐๐ค ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐๐ฎ๐ซ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:https://www.stellarmr.com/report/req_sample/Europe-In-Vitro-Fertilization-Services-Market/1688
๐๐ก๐๐ญ ๐๐ซ๐ ๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐ง ๐๐ข๐ญ๐ซ๐จ ๐ ๐๐ซ๐ญ๐ข๐ฅ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ?
More than 25 million people in Europe face infertility issues. While 41 countries offer donor sperm insemination for heterosexual couples, only 19 provide this service to female couples, and just 30 extend it to single women. France, for instance, recorded 678,000 births in 2023, marking a new low, highlighting the growing need for fertility treatments.
The rise in infertility rates across Europe, due to factors like increased maternal age and declining egg quality, is a key driver of the IVF services market. Male infertility issues, such as low sperm count, have also fueled market growth. As women age, both the quantity and quality of their eggs decline, but IVF allows for the selection of the most viable eggs for fertilization. Awareness of IVF as an infertility treatment is high, with 19.9% of European respondents showing a strong understanding of the process. Technological advancements in IVF treatments are also contributing to market expansion.
Challenges Facing the European IVF Services Market
Despite its growth, the European IVF services market faces challenges due to the high cost of treatment. IVF is both time-consuming and expensive, creating barriers for many potential patients. The process is also emotionally taxing, affecting patients across various aspects of life, including marital, social, physical, emotional, financial, and religious dimensions. The first cycle of treatment is often the most stressful, leading to confusion, anxiety, and uncertainty.
๐๐ก๐๐ญ ๐ข๐ฌ ๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐ง ๐๐ข๐ญ๐ซ๐จ ๐ ๐๐ซ๐ญ๐ข๐ฅ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ?
Germany holds the largest share of the European IVF services market and is expected to maintain its dominance during the forecast period. Fertility rates across Europe are among the lowest globally, driven by both biological and lifestyle factors. While access to fertility treatments is widespread, the cost and reimbursement structures vary across the region. The evolution of fertility care and increased accessibility have led to a substantial rise in the number of babies born via IVF.
In contrast, in countries like Poland, the legitimacy and acceptance of IVF remain controversial, with NaProTechnology being the preferred publicly funded method of infertility treatment. France continues to see a steady decline in births, with a 6.6% drop in 2023 compared to 2022. Denmark, with its generous national fertility benefits, boasts the highest proportion of babies born through assisted reproduction.
๐ ๐๐๐ ๐๐๐ญ ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ! @https://www.stellarmr.com/report/req_sample/Europe-In-Vitro-Fertilization-Services-Market/1688
๐๐ก๐๐ญ ๐ข๐ฌ ๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐ง ๐๐ข๐ญ๐ซ๐จ ๐ ๐๐ซ๐ญ๐ข๐ฅ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง?
By Cycle Type
Fresh Cycle
Thawed IVF Cycle
Donor Egg IVF Cycles
By End User
Fertility Clinics
Hospitals
Surgical Centers
Clinical Research Institutes
Germany
United Kingdom
Spain
France
Italy
Belgium
Sweden
Poland
Russia
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐ซ๐๐ง๐ญ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐ง ๐๐ข๐ญ๐ซ๐จ ๐ ๐๐ซ๐ญ๐ข๐ฅ๐ข๐ณ๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
Merck KGaA (Germany)
Cook Medical (Ireland)
Irvine Scientific (United Kingdom)
Vitrolife AB (Sweden)
Institut Marquรจs (Spain)
IVI-RMA Global (Spain)
Bourn Hall Clinic (United Kingdom)
Care Fertility (United Kingdom)
Groupe Clinique Belledonne (France)
Fertility Center Berlin (Germany)
ReproMed Ireland (Ireland)
Unita (Italy)
EUGIN Group (Spain)
Fertility Partnership (United Kingdom)
๐ ๐จ๐ซ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ข๐ฌ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ฅ๐๐๐ฌ๐ ๐๐ข๐ฌ๐ข๐ญ:https://www.stellarmr.com/report/Europe-In-Vitro-Fertilization-Services-Market/1688
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Market Size and Competitive Landscape
Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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๐๐๐จ๐ฎ๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
S.no.8, h.no. 4-8 Pl.7/4, Kothrud,
Pinnac Memories Fl. No. 3, Kothrud, Pune,
Pune, Maharashtra, 411029
sales@stellarmr.com
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