Healthcare specialists have located in-vitro fertilization to be one of the most hastily evolving techniques, and the world market for in-vitro fertilization is anticipated to develop at a CAGR of 9.37% over the forecast length 2020-2030. An make bigger in the fashion of delayed pregnancies, altering life in city areas, and accelerated age of parenthood bolster the increase of the world IVF market. The following record gives the reader with an possibility to liberate complete insights with respect to the international IVF market and helps in forming well-informed strategic decisions. The market lookup learn about additionally provides a vast standpoint of the one of a kind kinds of merchandise and offerings on hand in the market and their have an impact on on the healthcare zone through offering crucial insights into the path of its future expansion.
The market value estimated by 2030 will be $51,505.1 Million. The in-vitro fertilization market in the coming years is expected to grow at a CAGR of 9.37% during the forecast period from 2020-2030.
Market Segmentation
• Component – Product, Services
• Product – Systems, Media and Reagents, Accessories and Consumables
• Services – Types, Procedures, End Users
Regional Segmentation
• North America – U.S., Canada
• Europe – Germany, France, Italy, U.K., Spain, Russia, Netherlands
• Asia-Pacific – Japan, China, India, South Korea, Australia, Singapore
• Latin America – Brazil, Mexico
• Rest-of-the-World – the Middle East and Africa
Growth Drivers
• Growth in Median Age of First-Time Motherhood and Declining Fertility Rates
• High Success Rate of IVF Treatment
• Increasing Demand for Infertility Treatment to Support Aging Population
• Impact of Fertility Tourism
Market Challenges
• Unaffordable Cost of Assisted Reproductive Techniques (ART) and Genetic Testing in Low- and Middle- Income Countries
• Lack of Guidelines and Regulations, and Low Awareness of IVF Treatment in Some Under-Developed and Developing Nations
• Ethical Issues and Social Justice
Market Opportunities
• Technological Advancements of Time-Lapse Technology
• Advances in Embryo Biopsy and Genetic Screening
Key In-Vitro Fertilization Companies Profiled
Suppliers - CooperSurgical, Inc., Vitrolife AB, Illumina, Inc., Agilent Technologies, Inc., Cook Medical Inc., Fujifilm Irvine Scientific Inc., F. Hoffmann-La Roche Ltd., GE Healthcare, Abbott Laboratories, Thermo Fisher Scientific Inc., Merck KGaA, Esco Micro Pte. Ltd., IVFtech APS, and Kitazato Corporation.
Service Providers - CARE Fertility, Laboratory Corporation of America Holdings, Genea Limited, Natera, Inc., Invitae Corporation, Kaiser Permanente, Progyny, Inc., Boston IVF, and Monash IVF Group.
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