The U.S. IVF market was valued at $4,905.46 million in 2020, and is expected to reach $5,563.06 million by 2027, registering a CAGR of 6.8% from 2019 to 2027. Delayed pregnancies; aging of women population, which lowers conception rates; and introduction of new & advanced products of IVF treatments enhance the market growth. IVF procedures are associated with high success rate, thus fueling the market growth. For instance, according to the Society for Assisted Reproductive Technology (SART), in 2016 around 1.8% babies born in the U.S were conceived through IVF procedures. However, factors such as high cost of IVF treatment and stringent government regulations are expected to affect the market growth. For example, one IVF cycle costs around $12,000 to $15,000 excluding cost of medicines.
IVF is a complex series of procedure used to help by fertility or avoid genetic problems and assist with the conception of a child. Throughout IVF, mature eggs are collected from ovaries and fertilized by sperm in a lab The U.S. IVF market experiences growth, owing to rise in number of infertility cases, availability of skilled professionals, and technological advancements including preimplantation genetic diagnosis (PGD) and three-parent IVF procedures.
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Increase in developments in fertility clinics and novel IVF technologies are expected to offer lucrative growth opportunities for IVF service providers in the future. Moreover, rise in number of multiple pregnancy problem cases in the U.S. increase the employment of IVF procedures, which is expected to propel the market growth in the near future The U.S IVF services market is segmented on the basis of cycle type and end user. By cycle type, it is divided into fresh IVF cycle (non-donor), thawed IVF cycle (non-donor), and donor egg IVF cycle. According to end user, the market is classified as fertility clinics, hospitals, surgical centers, and clinical research institutes.
The U.S IVF services market is segmented on the basis of cycle type, end user, and country. By cycle type, it is divided into fresh IVF cycle (non-donor), thawed IVF cycle (non-donor), and donor egg IVF cycle. On the basis of end user, it is classified as fertility clinics, hospitals, surgical centers, and clinical research institutes. It also discusses the segmentation analysis based on product type and application that is presented in the report. The major studies, market growth rate, competitive environment, market drivers, trends, concerns, and macroscopic indicators, are all summarized. The report studies the SWOT analysis of each player profiled in this section, their products, production, value, capacity, and other crucial criteria.
The healthcare sector is vital to both national economies and people all across the world. One of the industries with the fastest growth rates is this one. There is a correlation between income levels and healthcare spending across nations because healthcare spending accounts for more than 10% of the GDP of the majority of developed countries. According to the Centers for Medicare and Medicaid Services, US healthcare spending increased by 4.6% in 2019 to reach US$ 3.8 trillion, or US$ 11,582 per person and represented 17.7% of GDP. Additionally, households paid for 28.4% of all health expenditures, followed by the federal government for 29.0%. 16.1% of all healthcare costs were paid for by state and municipal governments, while 7.5% came from other private sources.
Due to advancements spurred by AI/ML, the impact of digital health technology will grow. Data from the Department for Promotion of Industry and Internal Trade show that FDI in the medicines and medication sector totaled US$19.12 billion (DPIIT).
KEY BENEFITS FOR STAKEHOLDERS
u This report provides an extensive analysis of the current and emerging market trends and dynamics in the U.S IVF services market.
u In depth quantitative analysis of the current market trends and estimations from 2019 to 2027.
u The IVF services market is analyzed on the basis of cycle type and end user.
u Extensive analysis of the market is conducted by monitoring top competitors within the market framework.
u Key players are profiled to understand the competitive outlook of the U.S market.
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LIST OF KEY PLAYERS PROFILED IN THE REPORT
– Boston IVF
– Conceptions Reproductive Associates
– Cardone Reproductive Medicine & Infertility
– Fertility Center of San Antonio
– Fertility and Gynecology Center Monterey Bay IVF
– Houston Fertility Center
– New hope fertility center
– Reproductive Medicine Associates of New Jersey
– Servy Massey Fertility Institute
– Sher Institute for Reproductive Medicine (SIRM)
KEY MARKET SEGMENTS
By Cycle Type
– Fresh IVF Cycles (Non-Donor)
– Thawed IVF Cycles (Non-Donor)
– Donor Egg IVF Cycles
By End User
– Fertility Clinics
– Hospitals
– Surgical centers
– Clinical research institutes
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
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