According to a new report published by Big Market Research, titled, “IVF Services Market by Cycle Type and End User: Global Opportunity Analysis and Industry Forecast, 2018–2025,”
The Global IVF Services Market generated $10,586.70 million revenue in 2017 and is projected to reach $22,466.75 million by 2025, growing at a CAGR of 9.8% from 2018 to 2025. The global IVF services market is anticipated to exhibit significant market growth during the forecast period, owing to rise in infertility rate, increase in trend of delayed pregnancies, surge in IVF success rate, and surge in disposable income worldwide.
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Based on region, North America was the highest contributor to the market in terms of revenue in 2017, owing to the increase in consumption of alcohol or drugs, unhealthy body weight, and the early adoption of novel technologies in this sector. However, Asia-Pacific is expected to witness the highest CAGR during the forecast period, owing to the presence of high-populace countries and medical tourism offered by countries such as India.
The major players operating in the global IVF services market are Center for Advanced Reproductive Medicine and Infertility, Thomson Medical Pte. Ltd., KL Fertility & Gynaecology Centre., IVI Panama, IVF Panama Center for Reproduction Punta Pacífica., The Hugh Wynter Fertility Management Unit., Cyprus IVF Centre, Bourn Hall International, Fakih IVF Fertility Center, Medfem Fertility Clinic, The Cape Fertility Clinic, Lifesure Fertility and Gynaecology Centre, TRIO Fertility, The Montreal Fertility Center. The other players operating in the value chain are Ambroise Paré Group., amedes MVZ Cologne GmbH, AMP Center St Roch, AVA Clinic Scanfert, Betamedics.
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