Market Definition
IVF is one of the frequently utilized procedures that helped infertile couples, single mothers, and members of the LGBT community have children. The growth of the in vitro fertilization market is driven by an increase in the rate of infertility, a rise in the trend of delayed pregnancies, a surge in the success rate of IVF treatment, technological advancements in IVF treatment, an increase in the rate of infertility and practices of embryo banking cycles, and an increase in disposable income in the United States. In addition, rising IVF use in the US, rising rates of infertility and embryo banking, technological developments in IVF treatment, and trends toward delayed pregnancy are all anticipated to pave the way for future growth of the US IVF industry.
Market Outlook
Globally, the median age of first-time mothers has dramatically risen over time. This trend is largely due to more effective methods of contraception, later marriages, and the rise in the proportion of women who prioritize their professions over having children. Data from the Australian Institute of Health and Welfare 2021 show that first-time moms in Australia are now, on average, 31.9 years old, up from 27.9 years in 2009. More women are anticipated to experience difficulties conceiving naturally as the typical age of first-time mothers rises. In this situation, more and more ladies are being compelled to choose IVF procedures, which is anticipated to fuel the market’s expansion in the ensuing years.
Around the world, more than 2.5 million IVF cycles are carried out annually. Due to the absence of reimbursement policies, the cost of IVF therapy varies from nation to nation. The development of this market is being constrained by a lack of insurance coverage and a problematic reimbursement environment in several regions of the world.
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Research Objectives
- Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
- Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
- Identify factors influencing market growth and challenges, opportunities, drivers and restraints
- Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
- Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
- Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
- To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
- Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
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Market Segmentation
The In Vitro Fertilization (IVF) Market report is segmented on the basis of Cycle, Product, Type, End User, and Region. On the basis of Cycle, the In Vitro Fertilization (IVF) Market is segmented into Fresh Non-donor IVF Cycles, Frozen Non-donor IVF Cycles, Frozen Donor IVF Cycles, and Fresh Donor IVF Cycles. Based on Product, the In Vitro Fertilization (IVF) Market is classified into Equipment, Reagents & Media, and Accessories. On the basis of Type, the In Vitro Fertilization (IVF) Market is segmented into Conventional IVF, IVF with Donar Eggs, IVF with ICSI, and Others. Based on End User, the In Vitro Fertilization (IVF) Market is classified into Fertility Clinics, Hospitals & Surgical Centers, Cryobanks, and Research Institutes. Region-wise, it is studied across North America, Europe, Asia-Pacific, and the Rest of the World.
Major Players
Some of the key players of In Vitro Fertilization (IVF) Market are Boston IVF (US), CooperSurgical, Inc. (Denmark), Esco Micro Pte. Ltd. (Singapore), Ferring B.V. (Switzerland), FUJIFILM Irvine Scientific (FUJIFILM Holdings Corporation) (US), Genea Biomedx (Australia), ZEISS Group (Germany), Hamilton Thorne Inc. (US), IVFtech ApS (Denmark), Kitazato Corporation (Japan), Merck KGaA (EMD Serono) (Germany), Progyny, Inc. (US), Rocket Medical (UK), Thermo Fisher Scientific Inc. (US), and Vitrolife (Sweden).
Research Scope
- Scope – Highlights, Trends, Insights. Attractiveness, Forecast
- Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
- Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
- Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
- Competitive Landscape- Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
- Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis
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