Increasing Demand for Infertility Treatment Is Driving the Global In-Vitro Fertilization (IVF) Market

The global in-vitro fertilization (IVF) market is growing at a significant CAGR of nearly 9.6% during the forecast period. The rising demand for infertility treatment has been witnessed owing to the rising number of couples suffering from infertility. As per the data published by the World Health Organization (WHO) in September 2020, between 48 million couples and 186 million individuals suffering from infertility globally. IVF is a series of procedure that is used for the treatment of several kinds of infertility, prevent genetic problems. 

Browse the full report description of "Global In-Vitro Fertilization (IVF) Market By Procedure Type (Frozen Donor, Frozen Non-Donor, Fresh Donor, Fresh Non-Donor, Embryo Banking), By Product (Reagents, Equipment, and Software), By End-User (Hospitals and Research Laboratories, Fertility Clinics and Surgical Centers, and Others), Forecast Period 2021-2027" at https://www.omrglobal.com/industry-reports/in-vitro-fertilization-market

Under IVF procedure, a woman's egg and a man's sperm are combined in a laboratory dish and then it is transferred to the uterus. Moreover, the expansion of infertility clinics and government initiatives to offer potential care IVF treatment to couples is offering an opportunity for market growth. For instance, in February 2020, the Indian government approved the bill after clearing the Medical Termination of Pregnancy (Amendment) Bill, 2020. India witnessed a rise in the assistive reproductive technology (ART) centres and the number of ART cycles performed annually. ART such as IVF has given hope to several persons with infertility, however, also launched a plethora of social, ethical, and legal issues. This, in turn, is driving the growth of the market.

Market Coverage

• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered- 

o By Procedure Type

o By Product

o By End-User

• Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

• Competitive Landscape- CooperSurgical, Inc., Vitrolife AB, Thermo Fisher Scientific Inc., Merck KGaA, and Fujifilm Holdings Corp.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?

o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global IVF Market Report Segment

By Procedure Type

• Frozen Donor
• Frozen Non-Donor
• Fresh Donor
• Fresh Non-Donor

By Product

• Reagents
• Equipment
• Software

By End-User

• Hospitals and Research Laboratories
• Fertility Clinics and Surgical Centers
• Others

Global IVF Market Report Segment by Region

North America           

• US
• Canada

Europe

• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific    

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa 
• Latin America 

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