The IVF services market was valued at US$ 13,496.29 million in 2019 and it is projected to reach US$ 31,613.76 million by 2027; it is expected to grow at a CAGR of 11.6% from 2020 to 2027.
According to a new market research study titled “IVF Services Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Cycle Type and End User,” the market is expected to reach US$ 31,613.76 million by 2027 from US$ 13,496.29 million in 2019. It is estimated to grow at a CAGR of 11.6% from 2020 to 2027. The report highlights the trends prevalent in the market and the factors driving the market growth along with those that act as restraints to its growth. Increasing incidence of infertility, rising number of fertility clinics and infertility services with government support, and growing number of products launches and developments are driving the market’s growth. However, the high procedural cost of reproductive techniques and risks associated with infertility treatments hinder the market growth.
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IVF or In Vitro Fertilization is a hyped reproductive technology in which the ova from woman's ovaries and the sperm sample from a male is retrieved and manually diffused externally in a laboratory glass dish. After the fertilization these fertile eggs undergo embryo culture for a few days and transferred to the same or another woman's uterus in order to establish a successful pregnancy.
The most notable market participants are Max Healthcare, Bloom IVF, CCRM Fertility., OXFORD FERTILITY, Create Health (Create Fertility), Medicover, Aevitas Fertility Clinic, BIOART Fertility Clinic, Prelude Fertility, Inc. and Gift ov life among others, occupying a considerable share of the market owing to their offerings to the market.
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Companies in the IVF services market are conducting increasing research and development activities to introduce more innovative products. The new thawed IVF cycles, donor egg IVF cycles, micromanipulator systems, and incubators are enabling the adoption of advanced cell technologies, which are strengthening the procedural outcomes.
The report segments the global IVF services market as follows:
· By Cycle Type
o Fresh IVF Cycles
o Thawed IVF Cycles
o Donor Egg IVF Cycles
· By End User
o Fertility Clinics
o Hospitals
o Surgical Centers and Clinical Research Institutes
· By Geography
o North America
o Europe
o Asia Pacific (APAC)
o Middle East & Africa (MEA)
o South and Central America (SCAM)
The List of Companies - IVF Services Market
1. Max Healthcare
2. Bloom IVF
3. CCRM Fertility.
4. OXFORD FERTILITY
5. Create Health (Create Fertility)
6. Medicover
7. Aevitas Fertility Clinic
8. BIOART Fertility Clinic
9. Prelude Fertility, Inc.
10. Gift ov life
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The new research report titled "IVF Services market, Global Industry Analysis, and Forecast to 2027" gives a detailed analysis and future forecasts of the market.
The report highlights the significant players, including market size, share, and demand, development.
This report further covers the latest trends, technological advancements, and growth opportunities.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the ivf services market include Fertility Center of San Antonio, Kinderwunschteam berlin, CARE Fertility, Inovie FertilityMax Healthcare, , Oak Medical Group, Fertility and Fertility Medical GroupCape.S.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global IVF Services Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/ivf-services-market/download-sampleMarket DynamicsThe global IVF services market is predominantly driven by the high success rate of the IVF procedure.
The other significant factor responsible for the growth of the market is increasing fertility problems amongst males and females due to changing lifestyles and growing stress levels.
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Market size split by Region
Rest of Central & South America
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