According to the latest report by IMARC Group, titled “Fertility Services Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market is currently witnessing strong growth. The global Fertility Services Market to exhibit moderate growth during the next five years. Fertility services refer to the procedures which are utilized as a treatment for infertility issues. There are various clinics and hospitals, which offer these services, which are widely being adopted by couples, single parents and members of the LGBT community who are unable to conceive or carry a full-term pregnancy. Some of the most common treatment options include fertility drugs, surrogacy, artificial insemination, In Vitro Fertilization (IVF), egg-freezing or oocyte cryopreservation, and Assisted Reproductive Technology (ART) procedures.
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Global Fertility Services Market Trends:
A significant rise in infertility rates and inflating per capita income levels have led a majority of the population to opt for fertility services. On account of hectic working schedules and sedentary lifestyle habits, there has been a significant increase in the incidences of stress, obesity and polycystic ovarian syndrome (PCOS), which have impelled the demand for fertility services across the globe. The rising trend of late pregnancies, especially among the expanding career-oriented population base, is also creating a positive outlook for the market. Nowadays, people prefer to have children later in life when they are more mature and financially stable. Additionally, several women and couples are opting for the freezing of eggs, which can be utilized when they wish to have children. Other factors, such as technological advancements, growing awareness regarding fertility services and enhanced access to improved healthcare facilities, are further driving the market growth.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
- Instituto Bernabe
- INVO Bioscience
- Monash IVF Group
- Apollo Hospitals Enterprise
- Care Fertility Group
- Carolinas Fertility Institute
- Genea Limited
- The Cooper Companies
- Virtus Health
- Vitrolife
- The Johns Hopkins Helath System
- Medicover Group
- Ovascience
- Progyny
- Xytex Cryo International
Market Breakup by Cause of Infertility:
- Male Infertility
- Female Infertility
Market Breakup by Procedure:
- In Vitro Fertilization with Intracytoplasmic Sperm Injection (IVF with ICSI)
- Surrogacy
- In Vitro Fertilization Without Intracytoplasmic Sperm Injection (IVF without ICSI)
- Intrauterine Insemination (IUI)
- Others
Market Breakup by Service:
- Fresh Non-Donor
- Frozen Non-Donor
- Egg and Embryo Banking
- Fresh Donor
- Frozen Donor
Market Breakup by End-User:
- Fertility Clinics
- Hospitals
- Surgical Centres
- Clinical Research Institutes
- Cryobanks
Market Breakup by Region:
- Europe
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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