In Vitro Fertilization Market to Show Double Digit Growth, Expects M&M in Its Report Published at MarketPublishers.com04 Aug 2016 • by Natalie Aster
LONDON – As of 2016, a value of the in vitro fertilization marketplace was just over USD 468 million. This market is driven by a range of factors. A decline in fertility rates, an increase in male infertility, rising healthcare expenditure are some of major factors encouraging it. Growing consumption of cigarettes and alcohol and introduction of new and advanced products are some other important driving forces.
The global marketplace is expected to grow at a 10% CAGR in the years to come to hit the value of approximately USD 757 billion by 2021.
There are also some retrains the market faces: ethical concerns, restrictive regulations, a high cost, and more.
Intra-cytoplasmatic sperm injection forms the largest segment of this marketplace in terms of technology, while embryo culture media leads the market in terms of reagents.
Imaging systems are another major segment being a leader in terms of reagents.
However, the marketplace is ruled by fertility and surgical centers in terms of end-users.
Region-wise, APAC is an unrivalled leader, with North America and Europe being other leaders.
Fertility tourism is believed to be one of major market opps, and it demonstrates particularly high growth in such countries as Thailand and India.
CooperSurgical, Cook Medical and EMD Serono are amongst top companies in the global space.
In-demand research report “In Vitro Fertilization Market by Product, Technology & End Users - Forecast to 2021” drawn up by M&M offers comprehensive examination of the global in vitro fertilization marketplace. The study starts with a 360-degree overview of the market. It focuses on dynamics of this marketplace and analyzes the this space on the basis of products, technologies and end-users.
The report sheds light on performance of the marketplace across regions and pays special attention to major countries. The competitive landscape is investigated in the research study too. Historical figures along with forecast figures can be found in the research report, too.
More cutting-edge studies by M&M can be found at its page.