According to Data Bridge Market Research new Market report global in vitro fertilization market accounted to USD 465.2 billion in 2017 growing at a CAGR of 10.0% during the forecast period of 2018 to 2025.
Global In Vitro Fertilization Market
In vitro fertilization is a technique in which egg from women ovary are removed and after that the egg is fertilized with a sperm in a laboratory technique, and then the fertilized egg is transferred into the women uterus. In vitro fertilization is used in the managing of female infertility.
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Global in vitro fertilization market is segmented on the basis of product, type of cycle, end user, and geography.
By Product (Reagents, Equipment),Type of Cycle (Fresh Non-Donor IVF Cycles, Frozen Non-Donor IVF Cycles, Frozen Donor IVF Cycles, Fresh Donor IVF Cycles), End User (Hospitals & Research Laboratories, Cryobanks) and Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
FACTORS DRIVING GROWTH IN IN VITRO FERTILIZATION MARKET
Rising rate of infertility
According to Smart Fertility Choices 23% of cycles initiated, and 31% of IVF cycles undertaken resulted in a pregnancy, only 25% of women in this sample group actually ended up with a baby after a year of IVF treatment. The other three quarters of the group went home empty handed.
Women aged between 35 and 39 undergoes 5 cycles, her chances of having a baby will be 85% (i.e. 17% x 5). This is because as the “per woman” results show, a large percentage of women who undergo IVF will not fall pregnant.
Few of the major competitors currently working in the in vitro fertilization market are Groupe Clinique Ambroise Paré, amedes MVZ Cologne GmbH, AMP Center St Roch, AVA International Clinic Scanfert, Bangkok IVF center, Betamedics, Biofertility Center, Bloom Healthcare, Bourn Hall Fertility Center, , Cardone & Associates Reproductive Medicine & Infertility, The Center for Advanced Reproductive Services, Chelsea and Westminster Hospital NHS Foundation Trust, Cloudnine Fertility, Conceptions Reproductive Associates of Colorado, Cyprus IVF Centre, Dansk Fertilitetsklinik, EUVITRO S.L.U., , Lieff Cabraser Heimann & Bernstein, LLP, Fertility First, IVF Centers Prof. Zech, Flinders Reproductive Medicine Pty Ltd, Genea Oxford Fertility Limited, IVF Spain, IVI Panama, KL Fertility & Gynaecology Centre, Lifesure Fertility and Gynaecology centre, Manipal Fertility, , Medfem Fertility Clinic, Monash IVF, OVA IVF Clinic Zurich, Procrea, RAPRUI S.r.l., SAFE FERTILITY CENTER, SANNO HOSPITAL, SIRM Fertility Clinics, Stork IVF Klinik, ARC-STER S.r.l., The Montreal Fertility Center, Thomson Medical Centre, TRIO Fertility, Virtus Health, VivaNeo, Die Kinderwunsch.
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