In-Vitro Fertilization Market (Instrument - Cabinet, Micromanipulator, Incubators, Sperm Aspiration Pump and Ovum Aspiration Pump; Technology - Preimplantation Genetic Diagnosis and Intra-cytoplasmic Sperm Injection; End-User - Hospitals, Fertility Clinics, Cryobanks): Global Industry Analysis, Trends, Size, Share and Forecasts to 2024. According to the report, the global in-vitro fertilization market is projected to grow at a CAGR of 6% over the forecast period of 2018-2024.

Pune, India -- (SBWire) -- 04/23/2019 --The latest report has been added to the wide database of In-Vitro Fertilization Market by Infinium Global Research. This report studies the in-vitro fertilization market by instrument (cabinet, micromanipulator, incubators, sperm aspiration, ovum aspiration pump), technology (preimplantation genetic diagnosis, intra-cytoplasmic sperm injection), end-user (hospitals, fertility clinics, cryobanks) market status and outlook of global and major regions, from manufacturers, and end industries. The global in-vitro fertilization market is projected to grow at a CAGR of 6% over the forecast period of 2018-2024.

The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. in-vitro fertilization market provides opportunities in micro markets for stakeholders to invest along with the detailed analysis of the competitive landscape, latest trends, and product offerings of the major companies in the in-vitro fertilization market.

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Improving Health Care Infrastructure to Drive the Growth in the Market

Improving health care infrastructure and favorable healthcare cost are driving the growth of the market. Further, the market growth is attributed by the reduced conceiving rates mainly in women aged 40 years or more, ovulation disorder, damaged or blocked the fallopian tube, premature ovarian failure, impaired sperm production or function, and unexplained infertility are the factors, further leading to the market growth. The growing number of men and women who are focusing on their career are freezing their eggs/sperms to have the child some years later. Further government funding to encourage egg/sperm freezing and provide with a chance of multiple pregnancies, technological advancements that allow the analysis of the genetic disorder, and various industrial revolutions are expected to boom the market growth. Additionally, delay in pregnancies in many cases leads to pregnancy-associated complications and increase the chance of infertility thus, results in the adoption of in-vitro fertilization which boost the market growth. However, on the flip side high cost involved in in-vitro fertilization may hamper the growth of this market.

The Asia Pacific Region to Dominate the Global In-Vitro Fertilization Market through 2018-2024

Asia Pacific region accounts for the largest market share of the in-vitro fertilization market followed by Europe. In Asia Pacific region factors such as an increase in the median age of the first-time motherhood, rising prevalence of PCOS, growth in fertility tourism, increasing infertility rates and government initiatives are driving the growth of in-vitro fertilization market in this region. Further, in the Europe region, growing demand for fertility treatment is boosting the growth in this market.

Report Findings

1. Drivers

- Growing Health Care Infrastructure

- Increasing Cases of Infertility

- Favorable Government Initiatives

2. Restraints

- High Treatment Cost

3. Opportunities

- Increasing Disposable Incomes

- Growing Focus on Career

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Report Highlights:

The report provides deep insights on demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global in-vitro fertilization market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of in-vitro fertilization market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the in-vitro fertilization market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the in-vitro fertilization market to understand the present and future trends in this market and formulate their strategies accordingly.