Research and Markets has announced the addition of the "In Vitro Fertilisation (IVF) Market Forecasts from 2017 to 2022" report to their offering.
In 2022, the market for In Vitro Fertilization (IVF) is expected to reach US$13.498 billion, increasing from US$8.418 billion in 2017, growing at a CAGR of 9.90%.
In vitro fertilization (IVF) is a procedure used to treat fertility problems and support conception of a child by collecting mature eggs from a healthy woman's ovaries and fertilizing them in a laboratory. Demand for IVF procedures has increased in recent years, owing to rising awareness and social acceptability.
Factors driving growth in the market are an increasing number of cases of infertility owing to lifestyle changes involving unhealthy nutritional habits, penetration of advanced procedures in developing nations, and favorable government initiatives. Geographically, the Asia-Pacific is expected to witness the highest growth owing to a rising aging population in Japan, favorable childbearing policies in China and rising awareness in countries like India, South Korea, and Thailand.
Key industry players profiled as part of this section are Vitrolife AB, Irvine Scientific, Thermo Fisher Scientific and OvaScience Inc., among others.
Segmentation
By Technique:
- ICSI
- PGD
- FER
- Others
By Product:
- Instruments
- Reagents
By Donor Type:
- Fresh Donor
- Frozen Donor
By End-User:
- Hospitals and Clinics
- Research Laboratories
- Others
Companies Mentioned
- Genea Biomedx
- Irvine Scientific
- Merck KGaA
- OvaScience Inc.
- Oxford Gene Technology
- Progyny Inc.
- Thermo Fisher Scientific
- Vitrolife AB
For more information about this report visit http://www.researchandmarkets.com/research/fpcvd3/in_vitro.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170309006160/en/
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Related Topics: Women's Health