Global IVF Devices Market Growth Forecast Overview Mar-2017

Global IVF Devices Market 2017-2021
The IVF Devices market report contains a comprehensive market and vendor landscape in addition to a
SWOT analysis of the key vendors for 2017-2021. The following companies are the key players in the
global IVF devices market: Cook Medical, CooperSurgical, Thermo Fisher Scientific, and Vitrolife. Other
Prominent Vendors in the market are CellCura, EMD Serono, Esco Micro, Hamilton Thorne, Intermedics,
LabIVF Asia, LAF Technologies, Lotus Bio, Progyny, and Rocket Medical.
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Market Trend
One trend in IVF devices market is growing number of fertility clinics. The rise in the number of fertility
clinics has led to an increased accessibility for IVF procedures. The rise in the number of fertility clinics
allows couples to choose clinics based on their convenience. Due to the rise in awareness, many couples
facing infertility problems seek medical intervention. This has led to a growing need for IVF and
registered ART clinics in the region.
Market Driver
One driver in IVF devices market is cross-border medical tourism. Medical tourism also helps patients
access medical care at affordable costs. Couples facing infertility problems can choose the best clinics
for their treatment.
Hence, couples who cannot afford IVF treatment in the US can move to other countries for the
treatment. Many clinics offer infertility treatment in EMEA. The medical tourism for infertility treatment
in EMEA is high, due to the use of advanced technologies, the availability of skilled professionals, and
low treatment cost compared with the other developed regions. This is expected to propel the growth
of the market during the forecast period.
Market Challenge
One challenge in IVF devices market is cost constraints. IVF is a labor-intensive process and requires
expert medical professionals. In addition to medical expertise, the quality of treatment, and IVF success
rates, the affordability of IVF treatment is an important factor for patients. Use of donor eggs or
surrogacy further increases the costs involved.
Therefore, many childless couples choose alternatives such as the IUI technique, which are cheaper than
IVF but have lower success rates than IVF.
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Table of Contents Details:
PART 01: Executive summary