Global IVF Services Market
IVF (In vitro fertilization) is defined as an assisted reproductive technology that involves retrieving eggs from a woman’s ovaries & fertilizing them with sperm in vitro. The IVF process involves stimulating a woman's ovulatory, removing an ovum from the woman's ovaries, & letting sperm fertilize them in a liquid in a laboratory. In-vitro fertilization is widely used treatments to assist couples with infertility problems, which is a prominent factor that drives the IVF services Market growth globally.
Market Drivers
The increase in infertility rate as well as the increase in trend of delayed pregnancies are key factors which expected to accelerate the global IVF services market growth over the forecast period. Also, the surge in in-vitro fertility success rate and the increase in disposable income worldwide will positively influence the global IVF services market growth. The growth of IVF services market is fueled by the continuous efforts of the key players & government initiatives to make available better reimbursement policies. Expansion of IVF procedures such as ICSI for treating infertility is expected to propel the market growth.
Furthermore, the availability of genomic testing facilities which enable the prevention of the transfer of genetic disorders during IVF is further anticipated to contribute the market growth. The insurance providers are offering coverage to in-vitro fertilization procedures due to an increase in the number of IVF treatments which expected to boost the global IVF services market growth.
Market Restraints
High cost as well as complications associated with in vitro fertility treatment are major restraints expected to hamper the global IVF services market growth over the forecast period. Also, Lack of awareness for IVF in underdeveloped countries may impede the market growth.
Market Segmentation
The Global IVF Services Market is segmented into cycle type such as Fresh IVF Cycles (Non-donor), Donor Egg IVF Cycles, and Thawed IVF Cycles (Non-donor). Further, market is segmented into end user such as Hospitals, Fertility Clinics, Surgical Centres, and Clinical Research Institutes.
Also, the Global IVF Services Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Regional Analysis
Europe is expected to hold largest market share in overall IVF services market, owing to factors such as the increase in medical tourism and legal revisions related to IVF techniques. The growing number of people from the United States are travelling to the Czech Republic to avail in-vitro fertility treatments at lower cost. In other hand, the APAC region is accounted for the largest market share in the year 2019, and it is expected to retain its dominance throughout the forecast period. Due to high population base in countries like China & India, and the growing awareness about in vitro fertility treatments.
Market Key Players
Various key players are listed in this report such as Thermo Fisher Scientific Inc., Genea Biomedx, Cooper Surgical Inc., Cook Medical Inc, Irvine Scientific, Vitrolife AB, EMD Serono Inc., OvaScience, Progyny, Inc., Boston IVF, etc.
Market Taxonomy
By Cycle Type
By End User
By Region
Key Questions Addressed by the Report
Global IVF Services Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global IVF Services Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global IVF Services Market, By Cycle Type
5.1 Y-o-Y Growth Comparison, By Cycle Type
5.2 Global IVF Services Market Share Analysis, By Cycle Type
5.3 Global IVF Services Market Size and Forecast, By Cycle Type
5.3.1 Fresh IVF Cycles (Non-donor)
5.3.2. Donor Egg IVF Cycles
5.3.3. Thawed IVF Cycles (Non-donor)
6 Global IVF Services Market, By End User
6.1 Y-o-Y Growth Comparison, By End User
6.2 Global IVF Services Market Share Analysis, By End User
6.3 Global IVF Services Market Size and Forecast, By End User
6.3.1 Hospitals
6.3.2. Fertility Clinics
6.3.3. Surgical Centres
6.3.4. Clinical Research Institutes
7Global IVF Services Market, By Region
7.1 Global IVF Services Market Share Analysis, By Region
7.2 Global IVF Services Market Share Analysis, By Region
7.3 Global IVF Services Market Size and Forecast, By Region
8North America IVF Services Market Analysis and Forecast (2020 – 2030)
8.1 Introduction
8.2 North America IVF Services Market Share Analysis, By Cycle Type
8.3 North America IVF Services Market Size and Forecast, By End User
8.4 North America IVF Services Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9Europe IVF Services Market Analysis and Forecast (2020 – 2030)
9.1 Introduction
9.2 Europe IVF Services Market Share Analysis, By Cycle Type
9.3 Europe IVF Services Market Size and Forecast, By End User
9.4 Europe IVF Services Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10Asia Pacific IVF Services Market Analysis and Forecast (2020 – 2030)
10.1 Introduction
10.2 Asia Pacific IVF Services Market Share Analysis, By Cycle Type
10.3 Asia Pacific IVF Services Market Size and Forecast, By End User
10.4 Asia Pacific IVF Services Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11Latin America IVF Services Market Analysis and Forecast (2020 – 2030)
11.1 Introduction
11.2 Latin America IVF Services Market Share Analysis, By Cycle Type
11.3 Latin America IVF Services Market Size and Forecast, By End User
11.4 Latin America IVF Services Market Size and Forecast, By Country
12Middle East IVF Services Market Analysis and Forecast (2020 – 2030)
12.1 Introduction
12.2 Middle East IVF Services Market Share Analysis, By Cycle Type
12.3 Middle East IVF Services Market Size and Forecast, By End User
12.4 Middle East IVF Services Market Size and Forecast, By Country
13Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
14.1 Thermo Fisher Scientific Inc
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 Genea Biomedx
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Cooper Surgical Inc
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Cook Medical Inc
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Irvine Scientific
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Vitrolife AB
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 EMD Serono Inc
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 OvaScience
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Progyny, Inc
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Boston IVF
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
