The global in-vitro fertilization services market forecast will be driven by supportive government initiatives aimed at providing effective assisted reproductive solutions. As per WHO, nearly 48 million couples and 186 million individuals suffer from infertility globally. Global IVF service market will reap the results of rapid advancements in reproductive technologies and rising cases of infertility worldwide. Increasing investments in R&D and expansion strategies are supplementing fertility center growth worldwide. Additionally, government initiatives focused on lowering IVF treatment cost is enhancing industry outlook.
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With growing infertility rate among men worldwide, the intracytoplasmic sperm injection (ICSI) procedure segment is anticipated to generate added proceeds in the coming years. According to a new study from the Hebrew University of Jerusalem, sperm count in men from Europe, North America, Australia and New Zealand has declined by 50%-60% between 1973 and 2011. Moreover, experts suggest that men across these regions are likely to have little or almost no reproductive capacity by 2060.
With rapid medical advancements and development in assisted reproduction techniques like intracytoplasmic sperm injection (ICSI) and IMSI (intracytoplasmic morphologically selected sperm injection), men with poor sperm will also be able to father children. According to a study by the University of Aberdeen, among 2,133 women who undertook IVF or ICSI procedures, 1,060 had achieved a live birth, of whom 15% later had another live birth independent of treatment within five years. With such promising results, the demand for ICSI will increase significantly in coming years and is anticipated to boost IVF services industry growth over the forecast period.
Based on end-use, the fertility centers segment in in-vitro fertilization services market is anticipated to accrue momentous growth because of increasing demand for infertility procedures worldwide coupled with rapid advancements in reproductive technology. Increasing urbanization and rise in number of investments & infrastructure expansions worldwide will further compliment segment growth.
India in-vitro fertilization services market size is projected to exceed US$1.4 billion by 2025. As per the Indian Society of Assisted Reproduction, nearly 10 to 14% of the population in India is suffering from infertility. The growing number of infertilities and an increasing awareness about different IVF techniques would drive the regional industry trends.
Leading companies providing IVF services globally include Bourn Hall Fertility Clinic, Bangkok IVF Center, AVA Clinic Scanfert, Ovation Fertility, and IVIRMA Global among others. These firms are emphasizing on acquisition, business merger, and collaboration strategies to consolidate their market presence.
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Partial Chapter of the Table of Content
Chapter 4. In-vitro Fertilization Services Market, By Product
4.1. Key segment trends
4.2. In-vitro fertilization (IVF)
4.2.1. Market size, by region, 2014 – 2025 (USD Million)
4.3. Intracytoplasmic sperm injection (ICSI)
4.3.1. Market size, by region, 2014 – 2025 (USD Million)
Chapter 5. In-vitro Fertilization Services Market, By Age Group
5.1. Key segment trends
5.2. Below 34
5.2.1. Market size, by region, 2014 – 2025 (USD Million)
5.3.1. Market size, by region, 2014 – 2025 (USD Million)
5.4.1. Market size, by region, 2014 – 2025 (USD Million)
5.5. 43 and Above
5.5.1. Market size, by region, 2014 – 2025 (USD Million)
Chapter 6. In-vitro Fertilization Services Market, By End-use
6.1. Key segment trends
6.2.1. Market size, by region, 2014 – 2025 (USD Million)
6.3. Fertility Centers
6.3.1. Market size, by region, 2014 – 2025 (USD Million)
6.4. Surgical Centers
6.4.1. Market size, by region, 2014 – 2025 (USD Million)
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