UK Fertility Clinics Market Poised for Growth: Expected to Reach USD 1.1 Billion by 2030

Investigation of growth, trends and innovations into the market on UK fertility clinics

The UK fertility clinics market is experiencing transformation due to technological advancements, societal shifts and healthcare policy changes. This press release discusses reporting services market size, growth factors, segmentation, competitive landscape, regional extent and forecast for reporting services market.

Market Size,Factors Conducing to Market Growth, and their Scope

Key Highlights As of 2023, the UK fertility clinics market has a current market value of nearly USD 600 million, and is estimated to grow with a CAGR growth of 9.04%, and reach USD 1,100 million approximately by 2030.

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There are a few reasons for this strong growth:

Technological Developments: Higher potential success rates from technological developments including AI in embryo selection and improved cryopreservation have led to wider eligibility for patients.

Trend Towards Later Childbirth: Fertility services have increased demand because societal shifts have led to postponing when people are having children.

Increasing Infertility: A startling 1 in 7 couples in the UK can no longer conceive naturally, with assisted reproductive technologies more necessary than ever.

Rising Awareness and Acceptance: With better awareness and lesser taboo around fertility treatments, the number of people looking for help has increased.

US Market Trends & Investments Q4 2023

The U.S. fertility market size has expanded rapidly, valued at USD 7.9 billion in 2022 and forecast to reach USD 16.8 billion during 2028, at a compound annual growth rate (CAGR) of 13.6%.

Key trends include:

A burgeoning sector in fertile plains: private equity investments and fertility mergers and acquisitions Leading names like CARE Fertility and GeneraLife have been backed by financial players including Nordic Capital and KKR among others.

Financial Times

Technological Crossover - Companies are also starting to incorporate AI, more advanced robotics, and remote monitoring to ensure a higher success rate and better patient experience.

Regulatory developments: Startups have had to adapt - and quickly - in the face of shifting state and federal policy, especially around reproductive rights.

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The Wall Street Journal

Market Segmentation and Major Shareholders Share

Segmentation of United Kingdom Fertility Clinics Market is done on the basis of service offered, which includes:

In Vitro Fertilization (IVF)- This segment has the highest market percentage due to its higher success rates and acceptance.

IUI is a less invasive, more affordable treatment option and is popular in some segments of the market.

Fertility Preservation: The popularity of egg and sperm freezing is on the rise, particularly among those who wish to postpone parenthood.

Competitive Analysis

Here are some of the market leaders in the fertility market - globally:

CooperSurgical Inc (US): One of the leading companies providing a wide variety of fertility and genomic products. On top of that, the company just reported solid sales in its fertility segment, which is adding fuel to the fire on a huge stock rally.

Vitrolife: As a high-tech leader among IVF products, Vitrolife (Sweden) pioneers the development of new technologies and providers of advanced IVF products.

AIVF - Israel - 2018: AIVF has developed a groundbreaking EMA platform which provides an artificial intelligence-based embryo assessment that has transformed IVF treatments by enabling standardized embryo evaluations. It has proven that, compared to the traditional method that relies solely on human judgement, EMA platform has a higher success rate of identifying embryos that can lead to successful implantation/ pregnancy.

Virtus Health (Australia): Virtus Health one of the top five providers of assisted reproductive services in the world with clinics across continents, including the UK, has been pioneering in many of the fertility successes we have today.

Shady Grove Fertility (US): One of the largest fertility centers in the United States, Shady Grove Fertility combines rigorous research with a patient-centered focus, significantly advancing reproductive medicine.

They have taken initiative, by early adopting new technologies, and expanding their operating areas and footprint, and investing in the R&D to keep them current on the competitive level.

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Conclusion

The UK fertility clinics market is expected to witness considerable growth over the coming years due to the growing technology transfer and shifts in societal trends and supportive national healthcare policies. Market leaders will commit to high-end technologies and prioritize patient-tailored services, adapting to the regulatory terrain of their respective regions.

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