According to a new report published by Allied Market Research, titled, IVF Services Market, by Cycle Type and End User: Global Opportunity Analysis and Industry Forecast, 2018-2026″ the global IVF services market size  generated $12.5 billion in 2018, and is projected to reach $25.6 billion by 2026, growing at a CAGR of 9.3% from 2019 to 2026.

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In vitro fertilization (IVF) is a type of assisted reproductive technology in which the ovum is artificially fertilized in laboratory settings and then implanted into the uterus. IVF is one of the widely used treatments, which assists couples with infertility problems and single mothers & the LGBT community to procreate. Increase in infertility rate, rise in trend of delayed pregnancies, surge in IVF success rate, and upsurge in disposable income worldwide drive the growth of the IVF services market globally. However, the In vitro fertilization services market growth is restricted by higher cost, complications associated with IVF treatment, and low awareness level for IVF in some underdeveloped regions.

Key Finding of The IVF Services Market:

  • Thawed IVF cycle (non-donor) segment is expected to grow at a significant CAGR of 10.7% (in terms of value) from 2019 to 2026.
  • U.S. generated the highest revenue in the global IVF services market in 2018, accounting for one-fourth of the global In vitro fertilization services market.
  • In terms of volume, the Asia-Pacific region witnessed the highest number of IVF treatments, accounting for nearly half of the global IVF cycles in 2018, and is expected to remain dominant during the forecast period.
  • Asia-Pacific is expected to register the highest CAGR of 12.0% (in terms of value) throughout the forecast period.

IVF Services Market Segments:

By Cycle Type

  • Fresh IVF Cycles (Non-donor)
  • Thawed IVF Cycles (Non-donor)
  • Donor Egg IVF Cycles

By End User

  • Fertility Clinics
  • Hospitals
  • Surgical Centers
  • Clinical Research Institutes

Region segment review

Region wise, the IVF services market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific accounted for the largest market share in 2018, and is expected to retain its dominance throughout the forecast period. This is attributed to presence of high population base in countries such as India & China, increase in awareness about IVF treatment, low costs of IVF treatments, rise in number of infertile population, and surge in disposable income.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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