The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s IVF services market report forecasts the IVF services market size to grow to $25.27 Billion by 2027, with a CAGR (compound annual growth rate) of more than 10%.

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IVF Services Market Size Forecast
The global IVF services market is expected to grow from $15.38 billion in 2022 to $17.13 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global IVF services market size is expected to grow to $25.27 billion in 2027 at a CAGR of 10.2%.

Western Europe held the largest IVF services market share.

Key IVF Services Market Driver ­– Rise In Infertility Rate
Infertility is known as the inability to conceive within 12 months. According to the US Department of Health and Human Services, around 12 to 13 couples in 100 have a problem in conceiving. Moreover, according to the Indian Journal of Community Medicine, 15 to 20 million infertility cases are in India alone. The rising infertility rate made people resort to IVF services contributing to the growth of the market.

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Key IVF Services Market Trend – Adopting Platelet-Rich Plasma
Platelet-rich plasma (PRP) is the latest technique increasingly used for improving IVF success rate in patients with recurrent implantation failures. PRP is used alongside fertility treatments like IVF to improve egg quality, uterine lining thickness and endometrial receptivity, and the treatment is primarily for recurrent implantation failure over multiple IVF cycles. According to an article published by the Journal of Assisted Reproduction and Genetics, women treated with PRP experienced a significant improvement in Follicle-Stimulating Hormone (FSH), Anti-Müllerian Hormone (AMH), and Antral Follicle Count (AFC) and help improve fertility.

IVF Services Market Segment
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 & Other Settings

IVF Services Market Major Players and Strategies
Major players in the IVF services market are Ambroise Par Group, amedes MVZ Köln GmbH, AMP Centre St Roch, AVA Clinic Scanfert, Bangkok IVF center, Betamedics, Bloom Fertility and Healthcare, Bourn Hall Fertility Centre, Biofertility Centre and Chelsea and Westminster Hospital (Assisted Conception Unit).

In December 2020, Fresenius Helios, a Germany-based healthcare company acquired Eugin Group for $ 195.98 million (€160 million). The acquisition expands Fresenius Helios’s global network of fertility clinics, providing tremendous growth and consolidation potential. Eugin Group is a Spain-based company that provides IVF services.

The IVF Services Global Market Report 2023 covers regional data on IVF services market size, IVF services market trends and drivers, opportunities, strategies, and IVF services market competitor analysis. The countries covered in the IVF services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

IVF is a process of fertilization where an egg is combined with sperm outside the body, in vitro (“in glass”). In vitro fertilization (IVF) is a sophisticated set of treatments intended to improve fertility, avoid genetic issues, and aid in child conception. It is used to address infertility.

View More Reports Related To The IVF Services Market –
Fertility Drugs Global Market Report 2023
Fertility Treatments Global Market Report 2023
Fertility Services Global Market Report 2023

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