World in-vitro fertilization market would expected to grow at 7.0 %
Big Market research has added a report titled “World In-vitro Fertilization (IVF) Market Opportunities and Forecasts 2014 – 2021”. As per the report, global IVF market is estimated to attain a size of $11.3 billion by the end of 2021, growing at 7.0% CAGR amid the period 2015-2021.
The report offers a comprehensive insight into key driving factors and restraints, current market dynamics, detailed segmentation and forecast along with the strategic profile of the key service providers & end users and recent market innovations. The report segments the global IVF market on the basis of end –users and geographical regions.
Emerging domain of medical tourism especially in developing nations, cost-effective IVF treatments, prompt reimbursement are the prominent factors responsible for driving the growth of the global IVF market. The report offers an in-depth analysis of the impact of the aforementioned drivers and the industry dynamics in terms of growing clinical research initiatives.
Also in the report were highlighted the strategies adopted by various surgical center, IVF hospitals and clinics in countries such as US, China, Australia, Ukraine, Russia, and India amongst many others. Based on geographical location, the report further segments the global IVF market into major regions such as North America, Asia-Pacific, Europe and LAMEA.
According to the study, the market in Asia Pacific region would grow at a tremendous rate of 8.9% CAGR amid the forecast period, owing to large number of IVF clinics and high success rates of IVF procedures. North American region dominates the global IVF market in terms of revenue since the market is estimated to attain a size of $4.0 billion by the end of 2021, growing at 7.9% CAGR amid 2015-2021.
The report offers extensive analysis of the industry profile of key market players in terms of dominant product positioning policies and the financial policies of key contenders in global IVF market. Further, the report offers useful and up-to-date data on the number of IVF cycles performed across various regions and provides statistics on the market share and size across major segments.
Source: whatech.com
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