U.S IVF Services Market Overview:
The U.S. IVF Services Market was valued at $2,213.1 million in 2015 and is projected to reach $4,472.2 million by 2022, registering a CAGR of 10.6% from 2016 to 2022. In vitro fertilization is a fertility treatment in the clinical industry that involves fertilization of an egg outside of the human body.
IVF services market is growing due to rise in number of delayed pregnancies among women, increase in number of infertility cases, and modern lifestyle leading to various gynecological conditions. In addition, the IVF services has become popular in the U.S. owing to advance IVF practices, which helps several patients to solve fertility problem, and technological advancements in IVF procedures. However, high cost of IVF treatments and lack of established regulations majorly restrain the market growth. Developments of fertility clinics and novel IVF technologies by key players are expected to offer lucrative growth opportunities for IVF service providers in future.
IVF Success Rates Based On Age
According to Centers for Disease Control and Prevention, the rate of fertilization in the age group of 35-39 years through IVF procedure is considerably high.
The U.S. IVF services market is segmented based on cycle type and end user. Based on cycle type, the market is categorized as fresh cycle (non-donor), thawed IVF cycle (non-donor), and donor egg IVF cycle. On the basis of end user, the market is classified into fertility clinics, hospitals, surgical centers, and clinical research institutes.
U.S. IVF Services Market Segmentation
U.S. IVF Services Market, ($MILLION), 2014-2022
Snapshot of U.S. IVF Services Market
Increase in focus of the key players in the U.S. is primarily set to contribute to the growth of the market. The healthcare expenditure per capita is growing steadily in the region, which is expected to boost the growth. Increase in incidence of gynecological conditions coupled with the delayed pregnancy in women fuel the market. Moreover, the increase in number of technological advancements of IVF procedures along with the focus and investments by major players is expected to provide several opportunities for market growth in the future. Hence, a rapid growth of the IVF services market is expected during the forecast period in the U.S.
The list of key players profiled in this report include Fertility and Gynecology Center Monterey Bay IVF, Conceptions Reproductive Associates, Servy Massey Fertility Institute, Sher Institute for Reproductive Medicine (SIRM), Cardone Reproductive Medicine & Infertility, Fertility Center of San Antonio, Houston Fertility Center, New hope fertility center, and Reproductive Medicine Associates of New Jersey.
- The study provides an in-depth analysis of the market with current trends and future estimations to elucidate the imminent investment pockets.
- It offers a quantitative analysis from 2016 to 2023, which is expected to enable the stakeholders to capitalize on prevailing market opportunities.
- Product and material segmentation analysis helps understand the various types of devices and materials used to manufacture IVF Services.
- Comprehensive analysis of all regions determines the prevailing opportunities.
- Key players are profiled and their strategies are analyzed thoroughly, which helps understand the competitive outlook of the U.S. market.
U.S IVF Services Market Key Segments:
By Cycle Type
- Fresh Cycle (Non-donor)
- Thawed IVF Cycle (Non-donor)
- Donor Egg IVF Cycles
By End User
- Fertility Clinics
- Surgical Centers
- Clinical Research Institutes