Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report ongoing study by
Infinium Global Research on in vitro fertilization test market provides
in-depth analysis of segments and sub-segments in the global as well as
regional in vitro fertilization test market. The study also highlights the
impact of drivers, restraints, and macro indicators on the global and regional
in vitro fertilization test market over the short term as well as long term.
The report is a comprehensive presentation of trends, forecast and dollar
values of the global in vitro fertilization test market. According to the report,
the global in vitro fertilization test market is projected to grow at a healthy
CAGR over the forecast period of 2021-2027.
IVF is a common form of assisted
reproductive technology. It entails the use of a variety of drugs as well as
complicated medical procedures. IVF treatment is a lengthy treatment and is
done under the strict supervision of doctors and healthcare experts. Therefore a
patient must mandatorily undergo a set of IVF
tests and also through the additional test if advised by the doctor. IVF Tests are
the second step after the initial consultation with the doctor for IVF. Suitable
IVF tests will be recommended by a doctor after understanding the full case of
the patients. IVF tests are done to ensure that issues such as abnormalities in
the embryo, miscarriage, compatibility of the patient, and diseases are
detected beforehand that could create complications in the IVF treatment and
reduce the chances of childbirth.
The number of people who are seeking IVF
treatment is growing around the world. Also, many people are actively
considering undergoing IVF treatment. The decision of such people for
undergoing IVF treatment is attributed to many causes such as growing
infertility, miscarriages, birth complications, genetic disorders, and various
others. Each year clinicians perform over 2.5 million IVF treatments that
result in over half a million births as per a research study published in the
journal “Reproductive Biomedicine Online”. Thus, before undergoing IVF
treatment taking IVF tests are necessary. Therefore, growth in IVF treatments
will result in the growth of IVF tests undertaken. Another factor supporting the
growth of the market is the growing accessibility to fertility centers and
other facilities where IVF tests are conducted. The number of IVF research
centers and fertility centers is growing to accommodate the growing demand for IVF
treatment. The growth of the market may be restrained due to the high costs
associated with IVF tests. Nevertheless, new growth opportunities are expected
to arise as the awareness regarding IVF tests is growing in developing
countries.
According to European Patient
Forum, over 25 million people in Europe suffer from infertility. Thus, given
such a huge group of people having infertility issues, naturally, the number of
people seeking IVF treatment is high. IVF treatment facilities such as
fertility centers, hospitals offering IVF treatment, and IVF research centers
are present in large numbers in Europe. Also, the high per capita income of
people makes IVF treatment affordable in most countries of Europe. A
large network of local fertility centers offers easy accessibility to IVF
tests. Additionally, the number of clinical laboratories for diagnosis is high
in Europe. With the high level of medical technology and the number of market players
offering their services in Europe, it is expected that Europe will be the
leading region in the market. The awareness campaigns by the NGOs for IVF
treatments have also facilitated the growth of the market. Asia-Pacific is
expected to be the fastest growing region in the market owing to the rapidly
growing healthcare industry in populous and developing countries such as India
and China.
The report on the global in vitro
fertilization test market covers segments such as test type, and end user. On
the basis of test type, the sub-markets include preimplantation genetic
testing, sperm aneuploidy test, noninvasive prenatal testing, ovarian reserve
testing, embryo biopsy, and others. On the basis of end user, the sub-markets
include IVF research centers, fertility clinics, hospitals, and others.
The report provides profiles of
the companies in the market such as FUJIFILM Irvine Scientific, Inc.,
CooperSurgical, Inc., Thermo Fischer Scientific Inc., Vitrolife AB,
PerkinElmer, Inc., Esco Micro Pte Ltd., FertiPro N.V, Takara Bio, Inc.,
CiceroDx, and Kitazato Corporation.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of in vitro fertilization test market. Moreover, the study highlights
current market trends and provides forecast from 2021-2027. We also have
highlighted future trends in the market that will affect the demand during the
forecast period. Moreover, the competitive analysis given in each regional
market brings an insight into the market share of the leading players.
Please Choose One of them.