Portland, OR -- (SBWire) -- 07/22/2017 --The in vitro fertilization (IVF) services market is expected to touch $23 billion by 2025, growing at a CAGR of 10.3% from 2017 to 2025. In vitro fertilization (IVF) service is the process of artificial fertilization that is used to treat infertility and other genetic problems worldwide.
This report segments the global IVF market on the basis of cycle type, end user, and geography. On the basis of cycle type, the market is classified into fresh cycle (non-donor), thawed IVF cycle (non-donor), and donor egg IVF cycles. Fresh cycle (non-donor) is the highest revenue-generating segment, and is expected to maintain this trend with a high growth rate throughout the analysis period as it is the most common method in an IVF process. Similarly, the end users are segmented into fertility clinics, hospitals, surgical centers, and clinical research institutes. The geographical segmentation of the market includes North America, Europe, Asia-Pacific and LAMEA regions.
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Geographical Market Scenario:
Geographically, the market is segmented across North America, Europe, Asia-Pacific, and LAMEA regions. In terms of number of IVF cycles performed, Asia-Pacific is estimated to dominate the IVF market throughout the analysis period and is set to grow at a prominent CAGR of 13.0%, due to wide availability of IVF clinics, high IVF success rates, and the rising trend of fertility tourism. Japan leads the Asia-Pacific IVF services market, accounting for majority of the market share, and is expected to maintain its position during the analysis period. In terms of revenue, Europe dominated the market in 2016, owing to the favorable reimbursement scenario, and is expected to grow at a CAGR of 5.1%, in terms of revenue.
End User Market Scenario:
Fertility clinics accounted for a major market share in 2016, and is projected to maintain this trend over the forecast period. This is attributed to the rise in the number of fertility clinics as well as the availability of a wide range of fertility treatments under a single roof coupled with government reimbursements. Fertility clinics are followed by hospitals, and together they occupied over three-fourths share of the overall market share in 2016.
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Table of Content for In Vitro Fertilization (IVF) Services Market
Chapter: 1 INTRODUCTION
1.1 Report Description
1.2 Key Benefits
1.3 Key Market Segments
1.4 Research Methodology
1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models
Chapter: 2 EXECUTIVE SUMMARY
Chapter: 3 WORLD IN VITRO FERTILIZATION (IVF) MARKET OVERVIEW
3.1 Market Definition and Scope
3.2 IVF Pricing Trends, By Country
3.3 IVF Cycles, By Country
3.4 Global IVF Market, by End User
3.4.1 Fertility Clinics
3.4.2 Hospitals
3.4.3 Surgical Centers
3.4.4 Clinical Research Institutes
3.5 Global IVF Market by Cycle Type
3.5.1 Fresh IVF Cycles (Non-donor)
3.5.2 Thawed IVF Cycles (Non-donor)
3.5.3 Donor Egg IVF Cycles
3.6 Market Dynamics
3.6.1 Drivers
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List of Figures
Contain 50 Figures
In Vitro Fertilization (IVF) Services Market 2017: Market Size, Industry Forecast, 2016 - 2025
In Vitro Fertilization (IVF) Services Market Overview