Global IVF Services Market Size Competitive Strategies & Forecasts Research Report 2021-2027| Medicover, Aevitas Fertility Clinic, BIOART Fertility Clinic, Prelude Fertility, Inc., Gift ov life
According to The Insight Partners market research study titled “IVF Services Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Cycle Type and End User,” the market is expected to reach US$ 31,613.76 million by 2027 from US$ 13,496.29 million in 2019. It is estimated to grow at a CAGR of 11.6% from 2020 to 2027. The report highlights the trends prevalent in the market and the factors driving the market along with those that act as deterrents to its growth.
In terms of cycle type, the IVF services market is segmented into mobile devices, mobile applications, and enterprise mobility platforms. The fresh IVF cycles segment held the largest market share in 2019, and the same segment is anticipated to register the highest CAGR in the market during the forecast period. Fresh IVF cycles is a shorter process to conceive pregnancy (if the procedure is successful). This advantage of fresh IVF cycles is likely to have a positive impact on the adoption of the procedures, device, and the service sectors. In addition, owing to the high success rate of the procedure in the first attempt, it can be performed even in complicated cases. Thus, the IVF services market for the fresh IVF cycles segment is likely to witness the fastest growth in the coming years.
The growth of the global IVF services market is driven by the increasing incidence of infertility, rising number of fertility clinics and infertility services with government support, and growing number of products launches and developments. However, the high procedural cost of reproductive techniques and risks associated with infertility treatment hinder the market growth.
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Competitive Landscape: Arthroscopy Instruments market
Inorganic strategies such as partnerships, and mergers and acquisitions are commonly adopted by companies to meet changing customer demand and maintain their improved services across the world. Market players operating in the IVF services market also adopt organic strategies such as product launch and expansion to expand their footprint and product portfolio worldwide as well as to meet the growing demand.
By Cycle Type
- Fresh IVF Cycles
- Thawed IVF Cycles
- Donor Egg IVF Cycles
By End User
- Fertility Clinics
- Surgical Centers and Clinical Research Institutes
- North America
- Rest of Europe
- Asia Pacific (APAC)
- South Korea
- Rest of APAC
- Middle East & Africa (MEA)
- South Africa
- Saudi Arabia
- Rest of MEA
- South and Central America (SCAM)
- Rest of SCAM
- Max Healthcare
- Bloom IVF
- CCRM Fertility.
- OXFORD FERTILITY
- Create Health (Create Fertility)
- Aevitas Fertility Clinic
- BIOART Fertility Clinic
- Prelude Fertility, Inc.
- Gift ov life
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Major highlights of the report:
- An all-inclusive evaluation of the parent market
- The evolution of significant market aspects
- Industry-wide investigation of market segments
- Assessment of the market value and volume in the past, present, and forecast years
- Market share evaluation
- Study of niche industrial sectors
- Tactical approaches of the market leaders
- Lucrative strategies to help companies strengthen their position in the market.
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