According to TechSci Research report, “In-Vitro Fertilization Market –Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028”, In-Vitro Fertilization Market is expected to grow during the forecast period of 2024-2028. This can be ascribed in the forecasted years due to increasing infertility rates, improvements in IVF technology, and a growing trend towards delaying childbirth.
The COVID-19 pandemic has had a significant impact on the Global In-vitro Fertilization (IVF) Market. The pandemic has disrupted healthcare systems and caused delays and cancellations in IVF treatments worldwide. Let us take a closer look at the impact of the pandemic on the IVF market. The economic impact of the pandemic has led to a reduction in demand for IVF treatment as patients face financial uncertainties and health risks associated with the virus. Many patients have postponed their plans to conceive due to the financial impact of the pandemic, leading to a decrease in demand for IVF treatment. Additionally, some patients are hesitant to undergo IVF treatment due to the risk of contracting the virus in medical facilities.
Global In-Vitro Fertilization Market can be segmented based on technique, product, egg donor, infertility, application, end user, and region.
Global In-Vitro Fertilization Market can be divided into two categories: ICSI IVF and non-ICSI/ traditional IVF, based on technique. The ICSI IVF segment is expected to dominate the Global IVF Market in the forecast period due to several factors. ICSI IVF has higher success rates than traditional IVF for couples who have male infertility factors, such as low sperm count or poor sperm motility. ICSI allows fertility specialists to select the best sperm for fertilization, which can increase the chances of successful embryo development and implantation. ICSI IVF is commonly used in cases where there are difficulties with fertilization during traditional IVF, such as when the sperm cannot penetrate the outer layer of the egg. ICSI can overcome these barriers to fertilization and improve the chances of successful embryo development and implantation. Advancements in ICSI technology have made the procedure more accessible and affordable for couples who are looking to conceive. Improvements in ICSI equipment, techniques, and protocols have resulted in higher success rates and lower costs, making the procedure more accessible to a wider range of patients.
Global In-Vitro Fertilization Market is divided into fertility clinics, hospitals, and others, based on application. Fertility clinics are expected to dominate the global in vitro fertilization (IVF) market in the forecast period due to the availability of specialized equipment. Fertility clinics have specialized equipment and expertise required for IVF treatment, making them a preferred choice for patients seeking IVF treatment. These clinics have state-of-the-art laboratories and experienced staff who are trained in handling complex IVF procedures. Fertility clinics are at the forefront of research and development in IVF technology. This has led to the development of new and innovative IVF treatments such as intracytoplasmic sperm injection (ICSI) and pre-implantation genetic testing (PGT) which have improved IVF success rates. Fertility clinics are expected to continue to invest in research and development to improve IVF success rates, which will further strengthen their dominance in the market.
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Major companies operating in Global In-Vitro Fertilization Market are:
- The Fertility Center of Las Vegas
- Overlake Reproductive Health
- Gennet City Fertility
- Zita West Clinic
- Fertility Plus Clinic
- Nova IVF Centre and Fertility Clinic
- Bloom IVF Centre
- Progenesis Fertility Center
- Medicana IVF Center
- Medical Park Hospitals
- ART Fertility Clinics
- Millennium Medical Center (MMC) IVF Fertility Center
- Tambre Fertility Clinic
- Medical Park Hospitals
- Hisar Hospital
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“The Global In-Vitro Fertilization (IVF) Market is a rapidly growing market, driven by increasing infertility rates, growing awareness about assisted reproductive technologies, and advancements in IVF technology. The market is expected to continue to grow in the forecast period due to rising demand for IVF treatment, growing trend towards delayed childbearing, and increasing investments in healthcare infrastructure. The market is characterized by the presence of numerous small and medium-sized players, who are focusing on niche markets and developing innovative IVF technologies to gain a competitive edge.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“In-Vitro Fertilization Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Technique (ICSI IVF v/s Non-ICSI/ Traditional IVF), By Product (IVF Culture Media, ICSI Machine, IVF Incubators, Cryo-System, Others), By Egg Donor (Frozen Non-donor, Fresh Non-donor, Frozen Donor, Fresh Donor), By Infertility (Male v/s Female), By Infertility (Male v/s Female), Region and Competition”, has evaluated the future growth potential of Global In-Vitro Fertilization Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global In-Vitro Fertilization Market.
Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global In-Vitro Fertilization Market" - https://www.techsciresearch.com/report/in-vitro-fertilization-market/15131.html
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