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Rising Infertility Rates Drive Growth In The In Vitro Fertilization (IVF) Services Market: Key Factor Driving The Growth In The IVF Services Market
IVF Services
What Is the Expected IVF Services Market Size During the Forecast Period?
The market for IVF services has seen a substantial growth in the recent past. It is projected to increase from a size of $19.19 billion in 2024 to $21.3 billion by the end of 2025, with a compound annual growth rate (CAGR) of 11.0%. Several factors have contributed to this upward trend during the historical period, including rising instances of polycystic ova*ry syndrome (pcos), an increase in cases of premature ovarian failure, a growing rate of male infertility, and the provision of insurance coverage for ivf procedures.
Strong growth is anticipated in the IVF services market size over the next several years. It's projected to hit $30.87 billion by 2029 with a CAGR of 9.7%. Various factors contributing to this expansion during the forecast period include a rise in infertility rates, advances in fertility treatment technology, increased use of IVF services to assist with pregnancy, a higher frequency of same-sex couples, an upsurge in the number of fertility clinics, increasing disposable income, and delayed parenthood. Major trends expected during this period include the provision of mitochondrial replacement therapies to potentially address genetic disorders, the adoption of innovative technologies, and improved solutions for individuals seeking fertility treatments. Other trends include offering PGT-A screening or testing programs to potentially boost pregnancy chances, applying artificial intelligence to lower costs and time, using blockchain-based apps, and embracing cutting-edge technologies like time-lapse microscopy for continuous, uninterrupted embryo observation.
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What Are the High-Growth Segments in the IVF Services Market?
The IVF services market covered in this report is segmented -
1) By Cycle Type: Fresh IVF Cycles(Non-donor), Thawed IVF Cycles(Non-donor), Donor Egg IVF Cycles
2) By Service Provider: Fertility Clinics, Hospitals, Surgical Centers, Clinical Research Institutes
3) By End User: Fertility Clinics, Hospitals And Other Settings
Subsegments:
1) By Fresh IVF Cycles (Non-donor): Standard Fresh IVF Cycles, IVF Cycles With Preimplantation Genetic Testing (PGT)
2) By Thawed IVF Cycles (Non-donor): Thawed Embryo Transfer (TET) Cycles, Thawed Blastocyst Transfer Cycles
3) By Donor Egg IVF Cycles: IVF Cycles Using Fresh Donor Eggs, IVF Cycles Using Frozen Donor Eggs
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What Key Drivers Are Expected to Influence Future IVF Services Market Growth?
The escalation in the rate of infertility has fueled the expansion of the in vitro fertilization (IVF) services market. Infertility is identified as the failure to become pregnant within a year. The US Department of Health and Human Services reports that roughly 12 to 13 out of every 100 couples encounter troubles in conception. Moreover, the Indian Journal of Community Medicine states that India alone accounts for 15 to 20 million cases of infertility. The mounting rate of infertility has led individuals to seek out IVF services, which in turn, has propelled the growth of the market.
Which Companies Hold the Largest Share Across Different IVF Services Market Segments?
Major companies operating in the IVF services market include Monash IVF Group, Virtus Health Limited, Chelsea and Westminster Hospital NHS Foundation Trust, Genea Limited, Boston IVF, IVF Spain, Morpheus Life Sciences Pvt. Ltd., Dünya IVF, Cardone Reproductive Medicine & Infertility LLC, Cloudnine Fertility, Sun Pharmaceuticals Industries Ltd., Cadila Healthcare Ltd., Trivector Origio Scientific, Lab IVF Asia Pte Ltd., LG Life Sciences, Bourn Hall Clinic, Southend Fertility, Indira IVF, Pearl Women Hospital & Yash IVF Center, Corion Fertility Clinic, Origin International Fertility Center, Apollo Hospitals Dhaka, Australian Concept Infertility Medical Center (ACIMC), Bahosi Fertility Centre, , Bloom Fertility and Healthcare, Bumrungrad International Hospital, Center for Advanced Reproductive Medicine and Infertility, CHA Fertility Center, United Family Healthcare, The New Hope Fertility Center, Melinda Hospital, Bocah Indonesia, Daya Medika, Clinique de la Muette, Klinikum Stuttgart, DRK Kliniken Berlin, University Medical Center Freiburg, CREATE Fertility, The Centre for Reproductive & Genetic Health, The Bridge Centre, Next Generation Clinic, UNICA Clinic - Prague, Repromeda s.r.o., MD Medical Group, Univfy, Progyny, Advantia Health, Maven Clinic, Future Family, Instituto de Fertilidad Humana, The Colombian Center for Fertility and Sterility, NMC Health, Dubai Gynecology and Fertility Centre, , New Life Medical Centre, Cairo Fertility Centre (Egypt), Queens Fertility Centre (Egypt), BPE Partners, Cleopatra Hospitals Group (CHG)
What Are the Latest Developing Trends in the IVF Services Market?
The platelet-rich plasma (PRP) method, which is on the rise, is commonly used to boost the rate of successful IVF in patients suffering from multiple implantation failures. PRP is integrated with fertility treatments such as IVF to enhance egg quality, bolster uterine lining thickness and improve the endometrial receptivity, particularly for those encountering recurrent implantation failure across several IVF cycles. A study reported by the Journal of Assisted Reproduction and Genetics revealed that women treated with PRP observed a marked increase in Follicle-Stimulating Hormone (FSH), Anti-Müllerian Hormone (AMH) and Antral Follicle Count (AFC), contributing to enhanced fertility.
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What Are the Emerging Geographies for The IVF Services Market Growth?
Western Europe was the largest region in the IVF services market in 2024. North America was the second largest region in global IVF services market share. The regions covered in the ivf services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the IVF Services Market?
2. What is the CAGR expected in the IVF Services Market?
3. What Are the Key Innovations Transforming the IVF Services Industry?
4. Which Region Is Leading the IVF Services Market?
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