According to a new report published by Allied Market Research, the France IVF services market is estimated to reach $579.2 million by 2022, registering a CAGR of 4.0% from 2016 to 2022.
Portland, OR -- (SBWIRE) -- 06/23/2017 -- The French government took a step toward the growth of IVF market in France by allowing married same-sex couples to adopt children born by the process of in vitro fertilization. In France, the adoption of IVF technique is legally allowed only for married heterosexual couples. This resulted in improvement in the adoption rates of IVF techniques equally by the entire French society.
The IVF services market in France is characterised by important factors such as higher success rate, low costs of IVF services as compared to the UK and the U.S., and adoption of IVF child by homosexual couples. In addition, the social security policy on assisted fertility treatments in France is currently recognised as more liberal than the U.S. or the UK. Lower rates of fertility and married homosexuals adoption of IVF babies drive the market growth.
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The fertility clinics segment is anticipated to dominate the market during the forecast period in terms of volume and revenue. Whereas, the fresh IVF cycles (non-donor) segment is expected to be the highest revenue contributor.
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Key Findings of the France IVF Services Market:
1. Based on cycle type, fresh IVF cycle (non-donor) is projected to be the one of the fastest growing segment at a CAGR of 4.3% from 2016 to 2022, in terms of revenue
2. Based on end users, fertility clinics is projected to be the one of the fastest growing segment at a CAGR of 5.0% from 2016 to 2022, in terms of revenue.
3. Based on cycle type, fresh IVF cycle (non-donor) is projected to be the one of the fastest growing segment at a CAGR of 4.3% from 20162022, in terms of volume