Global In-Vitro Fertilization (IVF) Market Research and Forecast, 2018-2023
Global in-vitro fertilization market size, share, market intelligence, company profiles, market trends, growth, strategy, research and analysis report, forecast 2018-2023
According to OMR analysis, the global In-Vitro Fertilization Market is expected to grow significantly during the forecast period (2018-2023). The crucial factors that are supporting to drive the growth of the market include rising infertility rate, rising ovulation disorder in women and growing shift towards assisted reproductive technology. However, high cost of IVF treatment is a major factor restricting the growth of the market.
Additionally, the global in-vitro fertilization market is segmented on the basis of procedure, end-user, and regional outlook. The report provides detailed & insightful chapters which include market overview, key findings, strategic recommendations, market estimations, market determinants, key company analysis, market insights, company profiling, market segmentation, geographical analysis, analyst insights and predictive analysis of the market.
Rising infertility rates are the major contributing factor for the growth of the global IVF market. Fertility in women has been declined significantly that is directly associated with age-related decline in oocyte quantity and quality. According to the Centers for Disease Control and Prevention (CDC), in the US, the percentage of married women that are infertile and aged 15-44 include 6.7% during the period 2011-2015. In which, 6.0% married women were infertile during the period 2006-2010. Moreover, the percentage of women aged 15-44 with impaired fecundity was 12.1% during the period 2011-2015. However, during the period 2006-2010, this percentage was 10.9%. Based on 2011- 2015, the percentage of women who have ever utilized infertility services includes 12.0% which represents 7.3 million women. This represents the increasing infertility rate and awareness among the US women population for infertility services, which in turn, is contributing to the growth of the market. In-vitro fertilization is a complex series of procedure that supports in fertilization, development of embryos and implantation that enables women to get pregnant. IVF treatment is most often the treatment of choice for women with severely damaged, blocked or absent fallopian tubes. It can also be utilized for infertility caused by male factor infertility or endometriosis.
Furthermore, some fertility clinics are offering low-cost IVF treatment that enables to accelerate the demand for this procedure. For instance, in September 2018, a Manhattan fertility clinic, Extend Fertility launched a new practice referred to as Expect Fertility. This new practice is designed to offer low-cost IVF treatment and improve access to IVF and other fertility services. They plan to charge nearly half of the amount of average cost of IVF one cycle, such as genetic screening and embryo biopsy. However, medications required for IVF treatment may further add a few thousands of dollars, which may be covered by insurance. This is a step towards providing cost-effective and efficient IVF service, which is primarily supporting the adoption of IVF treatment and thereby enabling the market to grow further.
The report covers
Comprehensive research methodology of global in-vitro fertilization market
This report also includes detailed and extensive market overview with key analyst insights.
Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global in-vitro fertilization market
Insights about market determinants which are stimulating the global in-vitro fertilization market
Detailed and extensive market segments with regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.
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