Global IVF Services Market Report 2020: COVID-19 Growth and Change Insights – Forecast to 2030 – ResearchAndMarkets.com | Financial Buzz

Global IVF Services Market Report 2020: COVID-19 Growth and Change Insights – Forecast to 2030 – ResearchAndMarkets.com

The “IVF Services Global Market Report 2020-30: COVID-19 Growth and Change” report has been added to ResearchAndMarkets.com’s offering.

The global IVF services market is expected to decline from $13.39 billion in 2019 to $12.92 billion in 2020 at a compound annual growth rate (CAGR) of -3.52%.

The decline is mainly due to the COVID-19 outbreak that has led to deferred care in order to avoid visiting hospitals, which resulted in reduced patient volume. The market is then expected to recover and reach $18.17 billion in 2023 at a CAGR of 12.04%.

The IVF services market consists of sales of in-vitro fertilization (IVF) services by entities (organizations, sole traders and partnerships) that provide these services. IVF is one of the more widely known types of assisted reproductive technology used to address infertility. IVF is a process of fertilization where an egg is combined with sperm outside the body, in vitro (“in glass”). Only goods and services traded between entities or sold to end consumers are included.

The IVF services market covered in this report is segmented by cycle type into fresh IVF cycles (non-donor); thawed IVF cycles (non-donor); donor egg IVF cycles and by service provider into fertility clinics; hospitals; surgical centers; clinical research institutes.

In June 2018, Virtus Health, an Australia-based Assisted Reproductive Services (ARS) provider, has acquired Trianglen Fertility Clinic, a Denmark-based fertility clinic for a deal amount of AUD43 million ($32.13 million). The acquisition is expected to reinforce the Virtus international growth strategy and the expansion of the Virtus model. Trianglen fertility clinic was established in 1993 in Copenhagen, Denmark, and in FY2017, Trianglen fertility clinic performed 1,292 cycles in egg retrieval and 366 frozen embryo transfers.

The high cost of IVF services limits the in-vitro fertilization (IVF) services market. For instance, the cost of a basic IVF package ranges from $4,700 to $20,000, and the average price in the USA is around $12,000. The total cost of a single IVF cycle can range between $8,000 to $30,000. According to FertilityIQ, in 2018, the cost of IVF services was around $22,000, which is now increasing. In emerging economies like India, the cost of IVF services ranges from INR 70,000 to INR 300,000. The high cost of IVF services makes it unavailable to low- and middle-income populations negatively affecting the IVF services’ market growth.

Major players in the IVF services market are Ambroise Par Group, amedes MVZ Koln GmbH, AMP Center St Roch, AVA Clinic Scanfert, Bangkok IVF center, Betamedics, Bloom Fertility and Healthcare, Bourn Hall Fertility Center, Biofertility Center and Chelsea and Westminster Hospital (Assisted Conception Unit).

Key Topics Covered:

1. Executive Summary

2. IVF Services Market Characteristics

3. IVF Services Market Size And Growth

3.1. Global IVF Services Historic Market, 2015 – 2019, $ Billion

3.1.1. Drivers Of The Market

3.1.2. Restraints On The Market

3.2. Global IVF Services Forecast Market, 2019 – 2023F, 2025F, 2030F, $ Billion

3.2.1. Drivers Of The Market

3.2.2. Restraints On the Market

4. IVF Services Market Segmentation

4.1. Global IVF Services Market, Segmentation By Cycle Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

  • Fresh IVF Cycles(Non-donor)
  • Thawed IVF Cycles(Non-donor)
  • Donor Egg IVF Cycles

4.2. Global IVF Services Market, Segmentation By Service Provider, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

  • Fertility Clinics
  • Hospitals
  • Surgical Centers
  • Clinical Research Institutes

5. IVF Services Market Regional And Country Analysis

5.1. Global IVF Services Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

5.2. Global IVF Services Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion

Companies Mentioned

  • Ambroise Par Group
  • Amedes MVZ Koln GmbH
  • AMP Center St Roch
  • AVA Clinic Scanfert
  • Bangkok IVF center
  • Betamedics
  • Bloom Fertility and Healthcare
  • Bourn Hall Fertility Center
  • Biofertility Center
  • Chelsea and Westminster Hospital (Assisted Conception Unit)
  • Cloudnine Fertility
  • CHA Fertility Center
  • Fertility Associates
  • Genea Oxford Fertility
  • Klinika Bocian
  • Morpheus IVF
  • Manipal Fertility
  • Southern California Reproductive Center
  • Monash IVF
  • ManorIVF
  • Fertility First
  • Shanghai Ji Ai Genetics & IVF Institute
  • Cologne GmbH
  • Center for Advanced Reproductive Medicine and Infertility
  • Cardone Reproductive Medicine and Infertility

For more information about this report visit https://www.researchandmarkets.com/r/4351vl

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Opt-into our eNewsletter NOW! For the Latest Trending Financial News Topics in Cannabis, Tech, Biotechs, Precious Metals, Energy, Renewable Energy and much more!