In-Vitro Fertilization Market : Increase in the infertility rate and increase in the various technological advancement for In-vitro fertilization are key drivers for Global In-Vitro Fertilization Market.
In vitro fertilization is process of fertilization of ovum with sperm in artificial environment and after zygote formation it is transplanted in women’s uterus. This process involved stimulation and monitoring of ovulatory process of women’s. This will help couples to have children which are not able to conceive normally. So, during the study of Global In-Vitro Fertilization market, we have considered In-Vitro Fertilization product type and cycle type to analyze the market.
Global In-Vitro Fertilization Market report is segmented on the basis of product type, cycle type, end use and by regional & country level. Based upon Product type, global In-Vitro Fertilization Market is classified as equipment, reagents, and others. Based upon Cycle type, global In-Vitro Fertilization Market is classified as Fresh Donor IVF Cycles, Fresh Non-Donor IVF Cycles, Frozen Donor IVF Cycles and Frozen Non-Donor IVF Cycles. Based upon end users, global In-Vitro Fertilization Market is classified as Fertility Clinics and Surgical Centres and Cryobanks.
The regions covered in this In-Vitro Fertilization Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of In-Vitro Fertilization is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
The commercialization and growth of In-Vitro Fertilization market over the past 25 years have been highly impactful. One of the major factors driving the growth of in vitro fertilization market over the forecast period are increasing infertility rate among men and women has increased the demand for in vitro fertilization. Increase in the infertility rate is due to the various factors which include lifestyle changes, increased consumption of alcohol, smoking and others. As per the Centers for Disease Control and Prevention 2016 report, the birth rate is calculated as 12.2 per 1000 population and in 2015 it is calculated as 12.4 per 1000 population so there is a slight decline in the fertility rate among people in the U.S. There is various individual who are not able to conceive due to the various factors such as chromosomal defects, amniotic factors and others which in turn increase the demand for in vitro fertilization over the forecast period. Furthermore, increase in the medical tourism is expected to create new opportunities for in vitro fertilization market. However, high costs of the procedure are expected to inhibit the growth of in vitro fertilization market over the forecast period.
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