Global Fertility Services Market (2022 Edition) – Analysis By Procedure, Patients, End User, By Region, By Country (2022 Edition): Market Insights, and Forecast with Impact of COVID-19 (2022-2027)
Executive Summary
The Global Fertility Services Market was valued at USD 17.45 billion in the year 2021. Growth in the historic period resulted from the increasing prevalence of PCOS (Polycystic ovary syndrome) condition, premature ovarian failure, increasing rate of male infertility and insurance coverages for IVF procedures. In addition, technological advancements in assisted reproductive technologies, a rise in awareness regarding infertility treatment, and growth in the number of fertility clinics are expected to drive the fertility Services market growth during the forecast period.
In addition, going forward, rising infertility rate, technological developments regarding fertility treatment, growing adoption of IVF Services to aid in pregnancy, increasing government funding supporting the emergence of novel IVF solutions, rising number of same-sex couples, increase in the number of fertility clinics, rise in disposable income and late parenthood will drive growth.
Furthermore, factors that negatively affected growth in the historic period were high cost, low rates of IVF success, congenital abnormality occurrence and risks and side effects associated with IVF.
Scope of the Report
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