The UK IVF market was valued at $514 million in 2018 and is estimated to reach $928 million by 2026, registering a CAGR of 7.6% during the analysis period.
In-vitro-Fertilization (IVF) is a common artificial infertility treatment performed in the laboratory. The treatment involves removing an ova (egg or eggs) or ovum from the ovaries and allowing sperm to fertilize them in a laboratory dish. It is a form of assisted reproductive technology based fertility treatment across the clinical industry. The process involves five major steps such as stimulation, egg retrieval, insemination & fertilization, embryo culture, and embryo transfer, which is completed over a course of several months. After the fertilized egg (zygote) undergoes embryo culture for up to 6 days, it is implanted in another or same woman’s uterus. In vitro fertilization can help conceive when other natural treatments have failed.
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The UK invitro fertilization market is on the rise owing to increase in awareness about assisted reproductive technology, favorable regulations for IVF, and commercialization of three-parent IVF procedures. In addition, rise in awareness about assisted reproductive technology is expected to boost the UK IVF market. However, ethical considerations by social and religious organizations, and cost of the treatment are expected to hinder the growth of the IVF market in the UK. However, involvement of social and religious organizations for revaluation of the IVF legislation in the UK hinders the growth of the market. Furthermore, surge in technical advancements related IVF technique is projected to provide lucrative opportunities during the forecast period.
The UK in vitro fertilization market (IVF) is segmented based on cycle type, and end user. Based on cycle type, the market is divided into fresh IVF cycles (non-donor), thawed IVF cycles (non-donor), and donor egg IVF cycles. Based on end user, the market is classified into fertility clinics, hospitals, surgical centers, and clinical research institutes.
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 MARKET BENEFITS
> The study provides an in-depth analysis of the UK in vitro fertilization (IVF) market along with the current trends and future estimations to elucidate the imminent investment pockets.
> The report presents a quantitative analysis of the market from 2018 to 2026 to enable stakeholders to capitalize on the prevailing market opportunities.
> An extensive analysis of the market based on application assists in understanding the trends in the industry.
> The key market players along with their strategies are thoroughly analyzed to understand the competitive outlook of the industry.
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KEY MARKET SEGMENTS
UK In Vitro Fertilization Market
By Cycle Type
o Fresh IVF Cycles (non-donor)
o Thawed IVF Cycles (non-donor)
o Donor Egg IVF Cycles
By End User
o Fertility Clinics
o Hospitals
o Surgical Centers
o Clinical Research Institutes
LIST of KEY PLAYERS PRofILED IN THE REPORT
> The Lister Fertility Clinic
> The Bridge Centre
> Chelsea and Westminster Hospital (Assisted Conception Unit)
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
Some of the Key Questions Answered in this Report:
- What is the Market dimension at the regional and country-level?
- What are the key drivers, restraints, opportunities, and challenges of the Market, and how they are anticipated to influence the market?
- What is the international (North America, Europe, Asia-Pacific, South America, Middle East and Africa) income value, manufacturing value, consumption value, import and export of Market?
- Who are the world key producers of the Market Industry? How is their working state of affairs (capacity, production, sales, price, cost, gross, and revenue)?
- What are the Market possibilities and threats confronted via the carriers in the world Market Industry?
- Which application/end-user or product kind may also be seeking for incremental boom prospects? What is the market share of every kind and application?
- What targeted method and constraints are keeping the Market?
- What are the distinct sales, marketing, and distribution channels in the world industry?
- What are the upstream uncooked substances and manufacturing gear of Market alongside with the manufacturing technique of Market?
- What are the key market tendencies impacting the increase of the Market?
- Economic have an impact on the Market enterprise and improvement vogue of the Market industry.
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