Portland, OR -- (SBWIRE) -- 12/20/2017 -- In vitro fertilization (IVF) is an artificial fertilization process that is performed in the laboratory under artificial environment. The colloquial term for babies conceived through the IVF procedures is 'test-tube babies'. This process has evolved as a major treatment protocol for treatment of infertility caused due to tubal diseases, endometriosis, ovulatory dysfunction, age related infertility, male factor infertility or genetic problems. The global in vitro fertilization (IVF) services market is expected to grow at a CAGR of 11.3% from 2017 to 2025.
 
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Based on cycle type, the in vitro fertilization (IVF) services market is categorized into fresh, thawed, and donor egg IVF cycle. By end user, it is segmented into fertility clinics, hospitals, surgical centers and clinical research institutes. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Market Dynamics

Drivers

Rise in incidences of infertility.
Increase in the investment for the advancement of healthcare sector by government.
Emergence of new fertility tourism destinations.
Rise in advertising and marketing of medical facilities to promote IVF services.
Increasing trend of delayed pregnancies, single parent system and same sex parent system.
Restraints

High cost of IVF procedures.

Low awareness of IVF in underdeveloped economies.
Stringent government regulations associated to the IVF services.
Ethical concerns in some countries in relation to IVF.
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Hospitals and Clinics

The top hospital and clinics in the global in vitro fertilization (IVF) services market are Fertility and Gynecology Center Monterey Bay IVF, Conceptions Reproductive Associates, Servy Massey Fertility Institute, BFC Biofertility Center, Heidelberg University Hospital, Lister Fertility Clinic, Gynaecoloqisch Centrum, Bourn Hall Clinic, Southend Fertility and IVF Centre, EMD Serono, Inc., IVF NAMBA Clinic, Cyprus IVF Centre,  Lifesure Fertility & Gynaecology Centre, Clnica EUGIN Barcelona, and Iwaki Womens Clinic among others.
 
MARKET LANDSCAPE
 
By Cycle Type

Fresh IVF Cycles (Non-donor)
Thawed IVF Cycles (Non-donor)
Donor Egg IVF Cycles

By End-User

Fertility Clinics
Hospitals
Surgical Centers
Clinical Research Institutes

By Geography

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA