Allied Market Research

In-Vitro Fertilization Services Market – Opportunities and Forecasts, 2017–2023

In Vitro Fertilization (IVF) Services Market generated a revenue of $9,876 million in 2016 and is expected to reach $19.676 million by 2023, at a CAGR of 10.5% from 2017 to 2023.

 

Portland, OR -- (SBWIRE) -- 02/22/2018 -- In vitro fertilization is the process of artificial fertilization used to treat infertility or genetic problems globally. It is the most efficient assisted reproductive technology (ART), helping couples or single parents around the world. However, IVF does not always give successful results and its success rate varies from individual to individual. It has emerged as a preferable choice for fertility treatments in the clinical industry. Approximately, 1.5% of babies born in the U.S. are through ART. This procedure is performed in a clinical laboratory where the matured egg (self-egg or donor's egg) is fertilized with the sperm (self-sperm or donor's sperm). The fertilized egg or embryo is then implanted into the uterus.

Get PDF Brochure For Details: https://www.alliedmarketresearch.com/request-sample/678

Geographically, the market is segmented across North America, Europe, Asia-Pacific, and LAMEA regions. In terms of number of IVF cycles performed, Asia-Pacific is estimated to dominate the global IVF market throughout the analysis period and is set to grow at a prominent CAGR of 13.6%, due to wide availability of IVF clinics, high IVF success rates, and the rising trend of fertility tourism. Japan leads the Asia-Pacific IVF services market, accounting for majority of the market share, and is expected to maintain its position during the analysis period.

Enquiry About Report: https://www.alliedmarketresearch.com/purchase-enquiry/678

In Vitro Fertilization (IVF) Services Market Key Segments:

By Cycle Type
Fresh Cycle (Non-Donor)
Thawed IVF Cycle (Non-Donor)
Donor Egg IVF Cycle

By End User
Fertility Clinics
Hospitals
Surgical Centers
Clinical Research Institutes

Rise in Global Infertility Rates

In 2010, the World Health Organization (WHO) has estimated that, about 48.5 million couples across the world faces the problems of infertility. The WHO research further concluded that, about 1.9% of the couples between ages 20 to 44 years among the aforementioned population were unable to have the first live birth. Factors such as, smoking, unhealthy lifestyles, obesity, and the environmental factors contributing to high infertility rates. It is estimated that every year, one out of 25 men face the problems of low sperm counts across the globe, which may reduce the rates of live births. All of the aforementioned factors collectively boost the growth of the global IVF services market.

Buy Now (Report on Discount): https://www.alliedmarketresearch.com/checkout/982783