In-vitro Fertilization Services Market 2019 Demand, Growth, Opportunities, Top Key Player and Forecast To 2025
Category: #health  By Partha Ray  Date: 2019-08-12
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In-vitro Fertilization Services Market 2019 Demand, Growth, Opportunities, Top Key Player and Forecast To 2025

Rising cases of infertility among women & stress induced by fast paced urban lifestyle is driving in-vitro fertilization services market share. According to the Center for Disease Control and Prevention (CDC), around 6.1 million women in the U.S., aged between 15-44 years, have difficulty getting or staying pregnant. Surge in infertility cases among women can be attributed to factors like hormonal imbalance, excess alcohol & caffeine consumption, eating disorder, obesity and stress.

Additionally, growing trend of delaying pregnancy until the ages of 30 to 40 is also leading to rise in cases of infertility lately. For instance, according to The Office on Women's Health (OWH), woman over the age of 30 are often diagnosed with fertility problems.

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Rising obesity as well as hectic urban lifestyle will boost in-vitro fertilization (IVF) services market trends over the forecast period. Furthermore, supportive government initiatives to promote such procedures will positively impact industry forecast. Citing an instance, as of April 2019, female employees in Romania, who decide to undergo an in-vitro procedure, will be offered three days of paid leave owing to recent changes in the country’s Labour Code which aims at promoting in-vitro fertilization.

Additionally, in July 2019, the French government passed a bioethics bill that would allow in-vitro fertilization (IVF) for single women and lesbian couples in the country. Such advancements are expected to offer growth opportunities for players in the in-vitro fertilization services market.

In terms of regional share, the U.S. IVF services market is anticipated to hold major revenue share due to growing awareness regarding IVF procedures along with rise in government initiatives to encourage people to avail such treatments. In 2016, Congress authorized the Department of Veterans Affairs to cover IVF and other fertility treatments for veterans who struggle to have children caused by service-related issues. Additionally, increasing prevalence of infertility among Americans will further boost U.S. IVF services market size over the forecast period.

Few of the notable industry players operating in global IVF services market are IVIRMA Global, Ovation Fertility, AVA Clinic Scanfert, Bangkok IVF Center, Bourn Hall Fertility Clinic, Cardone & Associates Reproductive Medicine & Infertility, LLC, Nova IVI Fertility, Max HealthCare Pvt. Ltd. and Morpheus Life Sciences Pvt. Ltd.

Related Insightful [email protected] https://www.marketwatch.com/press-release/vascular-graft-market-2018-industry-growth-by-forecast-to-2024---gmi-analysis-2019-07-31

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About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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