The Global IVF Services Market Report by The Business Research Company covers IVF services market drivers and restraints, IVF services market size, major players, and the impact of COVID-19 on the IVF services market.

The IVF services market consists of sales of in vitro fertilization (IVF) services by entities (organizations, sole traders and partnerships) that provide IVF services which is one of the more widely known types of assisted reproductive technology (ART) used to address infertility. IVF is a process of fertilization where an egg is combined with sperm outside the body, in vitro (“in glass”).

The global IVF services market is expected to grow from $12,746.9 million in 2020 to $13,782.0 million in 2021 at a compound annual growth rate (CAGR) of 8.1%. The growth is mainly due to the service providers resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to grow at a CAGR of 11.5% from 2020 to reach $21,970.6 million in 2025. The global IVF services market is expected to reach $37,367.2 million in 2030, at a CAGR of 11.2%.

The rising infertility rate contributed to the growth of in vitro fertilization (IVF) services market. Infertility is known as the inability to conceive within 12 months. Increased alcohol consumption, smoking and certain syndromes such as polycystic ovary syndrome can cause rise in decline in fertility rate. For instance, according to University of Washington’s Institute for Health Metrics and Evaluation, the global fertility rate nearly halved to 2.4 in 2017 and projects it will fall below 1.7 by 2100. The rising infertility rate made women to resort to IVF services contributing to the growth of the market in the forecast period.

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Some IVF services market trends include rising demand for mitochondrial replacement in IVF treatment is increasing to avoid mitochondrial disorders in new born babies. Mitochondrial disorders are often inherited disorders that occur when mitochondria fail to produce enough energy for the cells to function properly. Moreover, artificial Intelligence (AI) is increasingly being used in intra cytoplasmic sperm injection (ICSI) for embryo or spermatozoa selection. Intra cytoplasmic sperm injection (ICSI) is usually used for couples which are facing serious problems with the sperm. Artificial intelligence can help in sperm selection, physiological ICSI (PICSI), intra cytoplasmic morphologically selected sperm injection (IMSI) and many more.

Global IVF services market segments include:

1) By Cycle Type: Fresh IVF Cycles (Non-Donor), Thawed IVF Cycles (Non-Donor), Donor Egg IVF Cycles

2) By Service Provider: Fertility Clinic, Hospitals, Surgical Centers, Clinical Research Institutes

3) By End-User: Fertility Clinics, Hospitals & Other Settings

4) By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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The IVF Opportunities And Strategies: Forecast To 2030 is one of a series of new reports from The Business Research Company that provides IVF services market overviews, analyzes and forecasts market size, share, IVF services market players, IVF services market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The IVF services identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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Read IVF Opportunities And Strategies: Forecast To 2030 from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries

Market Players Covered: Monash IVF Group, Virtus Health Limited, Chelsea and Westminster Hospital NHS Foundation Trust, Genea Limited, Boston IVF

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The IVF Services Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The IVF Services Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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