IVF Services Market Growth Factors, Competitive Analysis, Future Prospects and Top Manufacturers

IVF or In Vitro Fertilization is a hyped reproductive technology in which the ova from woman’s ovaries and the sperm sample from a male is retrieved and manually diffused externally in a laboratory glass dish. After fertilization, these fertile eggs undergo embryo culture for a few days and transferred to the same or another woman’s uterus to establish a successful pregnancy.

The IVF services market is segmented on the basis of cycle type, end user, and geography. Based on geography, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South and Central America. The report offers insights and in-depth analysis of the IVF services market emphasizing on various parameters such as market trends, technological advancements, market dynamics, and competitive landscape analysis of leading market players across the world. It also includes COVID-19 impact analysis across all the regions. It is estimated that the market is likely to grow at a slower rate during the forecast period owing to the declined IVF services during the COVID-19 pandemic that resulted in strict lockdown for some healthcare services.

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Leading IVF Services Market Players:

• Max Healthcare
• Bloom IVF
• CCRM Fertility.
• OXFORD FERTILITY
• Create Health (Create Fertility)
• Medicover
• Aevitas Fertility Clinic
• BIOART Fertility Clinic
• Prelude Fertility, Inc.
• Gift ov life

Segmentation:

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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IVF Services Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America

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