IVF Services Market Analysis: Key Insights on Growth Rates, Trends, and Major Opportunities
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What fueled the previous growth in the ivf services market?
In recent times, there has been a swift expansion in the size of the IVF services market. The expectation is that the market will amplify from $19.19 billion in 2024 to $21.3 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 11.0%. Several factors such as the rise in the occurrence of PCOS conditions, escalating instances of premature ovarian failure, a hike in male infertility rates, and insurance coverage for IVF procedures all contribute to the historical period’s growth.
What will be the ivf services market size in the future?
We anticipate robust growth in the hydrogen peroxide market size over the next several years, with an expectation to reach $5.05 billion by 2029, courtesy of a compound annual growth rate (CAGR) of 8.3%. The projected uptick during the forecast period is attributed to factors such as escalating environmental worries, the emphasis on water and wastewater treatment, an uptick in demand for environmentally-friendly bleaching agents, expansion in healthcare and pharmaceutical applications, enhancements in hydrogen peroxide fabrication, along with bioremediation and environmental clean-up. Also, the forecast period would witness key trends such as surging demand for environment-friendly applications, an enhanced focus on sustainable manufacturing, a spike in health-related applications, novel developments in packaging and storage, increased usage in food and beverage industry and breakthroughs in production technology.
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What main drivers are fueling expansion in the ivf services market?
The increase in infertility rates is playing a major role in the expansion of the in vitro fertilization (IVF) services market. Infertility, recognized as the incapacity to get pregnant within a year, is experienced by 12 to 13 out of every 100 couples, as per reports from the US Department of Health and Human Services. Furthermore, referencing data from the Indian Journal of Community Medicine, there are between 15 to 20 million cases of infertility solely in India. Owing to these escalating rates of infertility, people are increasingly turning to IVF services, which is stimulating the market growth.
What key areas define the segmentation of the global ivf services market?
The IVF services market covered in this report is segmented –
1) By Cycle Type: Fresh IVF Cycles(Non-donor), Thawed IVF Cycles(Non-donor), Donor Egg IVF Cycles
2) By Service Provider: Fertility Clinics, Hospitals, Surgical Centers, Clinical Research Institutes
3) By End User: Fertility Clinics, Hospitals And Other Settings
Subsegments:
1) By Fresh IVF Cycles (Non-donor): Standard Fresh IVF Cycles, IVF Cycles With Preimplantation Genetic Testing (PGT)
2) By Thawed IVF Cycles (Non-donor): Thawed Embryo Transfer (TET) Cycles, Thawed Blastocyst Transfer Cycles
3) By Donor Egg IVF Cycles: IVF Cycles Using Fresh Donor Eggs, IVF Cycles Using Frozen Donor Eggs
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Who are the dominant players expanding their reach in the ivf services market?
Major companies operating in the IVF services market include Monash IVF Group, Virtus Health Limited, Chelsea and Westminster Hospital NHS Foundation Trust, Genea Limited, Boston IVF, IVF Spain, Morpheus Life Sciences Pvt. Ltd., Dünya IVF, Cardone Reproductive Medicine & Infertility LLC, Cloudnine Fertility, Sun Pharmaceuticals Industries Ltd., Cadila Healthcare Ltd., Trivector Origio Scientific, Lab IVF Asia Pte Ltd., LG Life Sciences, Bourn Hall Clinic, Southend Fertility, Indira IVF, Pearl Women Hospital & Yash IVF Center, Corion Fertility Clinic, Origin International Fertility Center, Apollo Hospitals Dhaka, Australian Concept Infertility Medical Center (ACIMC), Bahosi Fertility Centre, , Bloom Fertility and Healthcare, Bumrungrad International Hospital, Center for Advanced Reproductive Medicine and Infertility, CHA Fertility Center, United Family Healthcare, The New Hope Fertility Center, Melinda Hospital, Bocah Indonesia, Daya Medika, Clinique de la Muette, Klinikum Stuttgart, DRK Kliniken Berlin, University Medical Center Freiburg, CREATE Fertility, The Centre for Reproductive & Genetic Health, The Bridge Centre, Next Generation Clinic, UNICA Clinic – Prague, Repromeda s.r.o., MD Medical Group, Univfy, Progyny, Advantia Health, Maven Clinic, Future Family, Instituto de Fertilidad Humana, The Colombian Center for Fertility and Sterility, NMC Health, Dubai Gynecology and Fertility Centre, , New Life Medical Centre, Cairo Fertility Centre (Egypt), Queens Fertility Centre (Egypt), BPE Partners, Cleopatra Hospitals Group (CHG)
How are evolving market trends shaping ivf services Strategies?
The trending utilization of Platelet-rich plasma (PRP) in facilitating the IVF success rate, especially for patients who have had recurrent implantation issues, has gained prominence. It is primarily employed in conjunction with fertility procedures such as IVF to enhance aspects like egg quality, uterine lining thickness, and endometrial receptivity. The use of PRP is most essential for patients who have experienced recurrent implantation failure across numerous IVF cycles. An article by the Journal of Assisted Reproduction and Genetics suggested that women who underwent PRP treatment saw considerable improvements in their Follicle-Stimulating Hormone (FSH), Anti-Müllerian Hormone (AMH), and Antral Follicle Count (AFC), thereby boosting their fertility.
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Which regions are emerging as leaders in the ivf services market?
Western Europe was the largest region in the IVF services market in 2024. North America was the second largest region in global IVF services market share. The regions covered in the ivf services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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