Report Ocean

Global IVF Services Market Expected to Grow at an Annual Rate of 9.8% During the Forecast Period have announced the addition of a new report titled "Global IVF Services Market and Forecast to 2206"


Delhi, India -- (SBWIRE) -- 11/26/2019 -- Based on the latest insights in the report title "Global IVF Services Market by Cycle Type (Fresh IVF Cycles (Non-Donor), Thawed IVF Cycles (Non-Donor), and Donor Egg IVF Cycles) and End User (Fertility Clinics, Hospitals, Surgical Centers, and Clinical Research Institutes): Global Opportunity Analysis and Industry Forecast, 2019 - 2026" by Report Ocean, the Market is projected to reach $26,339 million by 2026, growing at a CAGR of 9.8%.

Market Overview
In vitro fertilization or IVF is referred to as an assisted reproductive technology, one which involves egg retrieval from the ovary of a woman and following which, fertilizing them with sperms in vitro. It is one of the broadly used treatments aiding couples facing infertility issues and is enjoying increasing demand over the years. The increasing demand for the market is due to the high success rates associated with IVF conception. Moreover, rising cases of infertility among women across the world due to evolving lifestyle is boosting the demand for this technology. Over the years, the increasing demand for IVF services in both urban and rural areas has driven the growth of the market significantly.

The report published on the global IVF services market revealed the growth to be at a rate of 9.8% during the forecast period of 2019 to 2026. The valuation of the IVF services market was further stated to surpass its previous valuation of $12,505 million in 2018 and generate a projected revenue of $26,339 million by 2026.

Market Segmentation
The global IVF services market has been segmented in terms of cycle type and end-user.
By cycle type, the market segments into Thawed IVF Cycles (Non-Donor), Fresh IVF Cycles (Non-Donor), and Donor Egg IVF Cycles. The Fresh IVF Cycles (Non-Donor) segment is the leading contributor to the market and is primed to continue leading the market in the coming years. The Thawed IVF Cycles (Non-Donor) segment, on the other hand, is anticipated to garner a notable CAGR of 11% over the forecast period.
By end-user, the market includes Surgical Centers, Fertility Clinics, Clinical Research Institutes, and Hospitals. The fertility clinics segment leads the global market with the highest share owing to the low treatment cost and the expanding number of fertility clinics across the globe.


Regional Analysis
The global IVF services market is geographically distributed across the following key regions: Latin America, Asia Pacific, North America, Europe, and the Middle East and Africa. Asia Pacific leads the global market of IVF services with almost half of the share percentage to its name. The regional market is anticipated to take over three-fifth of the market by the end of the ongoing forecast period. It will do so by growing at an impressive pace of 12.8% during the period.

Competitive Landscape
The global IVF services market comprises a host of key players. This includes names like Bourn Hall International, Betamedics, Bangkok IVF center (Bangkok Hospital), amedes MVZ Cologne GmbH, Cardone Reproductive Medicine and Infertility, Ambroise Par Group, AMP Center St Roch, Center for Advanced Reproductive Medicine and Infertility, Bangkok IVF center, CHA Fertility Center, AVA Clinic Scanfert, Biofertility Center, Bloom Fertility and Healthcare, Bloom Fertility Center, Bourn Hall Fertility Center, LLC, Chelsea and Westminster Hospital (Assisted Conception Unit), Cloudnine Fertility, and others. The highly competitive nature of the market is helping the services to improve and advance at a rapid pace.

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