The Future of theIT Services Market: Growth Trends, Market Size, and Opportunities to Watch
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Drivers Are Shaping the Growth and Development of theIVF Services Market?
The growth of the in vitro fertilization (IVF) services market has been boosted by rising rates of infertility. Defined as inability to conceive within a one-year timeframe, this growing issue is affecting a notable portion of couples. The US Department of Health and Human Services cites that out of every 100 couples, 12 to 13 experience conception difficulties. In addition, the Indian Journal of Community Medicine reports that between 15 to 20 million cases of infertility are present in India alone. This escalating prevalence of infertility has led individuals to turn to IVF services, subsequently driving the expansion of the market.
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#What Long-Term Growth Rate is Expected for theIVF Services Market Between 2025 and 2034?
In recent times, the IVF services market size has seen swift expansion. The market is set to expand from $19.19 billion in 2024 to $21.3 billion in 2025, growing at a compound annual growth rate (CAGR) of 11.0%. This growth over the historic period has been spurred by factors such as the rising prevalence of PCOS, an increase in premature ovarian failure cases, a higher rate of male infertility, and inclusive insurance coverages for IVF procedures.
The market for IVF services anticipates substantial expansion in the upcoming years, with projections reaching $30.87 billion by 2029 and a Compound Annual Growth Rate (CAGR) of 9.7%. Factors contributing to this ascension during the forecast period include elevated infertility rates, advances in fertility treatment technology, a rise in support for IVF services fostering pregnancy, an increase in same-sex couples, growth in the number of fertility facilities, an increment in disposable income, and delayed parenthood. Significant trends to watch during the forecast period encompass providing mitochondrial replacement therapies to potentially combat genetic disorders, harnessing novel technology, and delivering improved outcomes for those seeking fertility treatments. The market is set to introduce a PGT-A screening or testing scheme to potentially enhance pregnancy outcomes, apply artificial intelligence to decrease costs and save time, integrate blockchain-based applications, and adopt cutting-edge technologies like time-lapse microscopy for dependable, uninterrupted, and consistent embryo surveillance.
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Which Cutting-Edge Market Trends Are Expected to Drive theIVF Services Market’s Growth?
The use of Platelet-rich plasma (PRP), a novel method, is on the rise to enhance IVF success rates amongst patients with a history of repeated implantation failures. PRP is often utilized in conjunction with fertility treatments such as IVF to bolster egg quality, thickness of the uterine lining, and endometrial receptivity. The treatment is primarily targeted towards reoccurring implantation failure across various IVF cycles. The Journal of Assisted Reproduction and Genetics published an article stating that women who underwent PRP treatment witnessed a significant increase in parameters such as Follicle-Stimulating Hormone (FSH), Anti-Müllerian Hormone (AMH), and Antral Follicle Count (AFC), thereby boosting fertility.
What Are the Leading Market Players Impacting theIVF Services Market’s Growth Trend?
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)
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How Are the Key Segments of the IVF Services Market Driving Opportunities and Innovations?
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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What Regions Are At the Forefront of #What Drivers Are Shaping the Growth and Development of theIVF Services Market?# Market Expansion?
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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