Healthcare Market Trends In Vitro Fertilization Market | Page 2
➢ [181 Pages Report] The global in vitro fertilization market is projected to
be valued at USD 465.2 Million in 2016 and is expected to grow at a
CAGR of 10.9% from 2017 to reach to USD 847.8 Million by 2022. The key
factors propelling the growth of this market include growth in the
median age of first-time motherhood, declining fertility rates, rising
male infertility, rise in consumption of alcohol and cigarettes, and
growing public awareness about infertility and the available treatment
options. However, the high cost and low success rate of the IVF
treatment and restrictive regulation and ethical concerns are expected
to restrict the growth of market to a certain extent.
➢ The in vitro fertilization market is categorized into reagents and
equipment. Reagents are further segmented into cryopreservation
media, semen processing media, ovum processing media, and embryo
culture media. Embryo culture media is expected to hold the largest
share of the IVF reagents market and is also projected to grow at the
highest rate during the forecast period. The large share of this segment
is attributed to the increase in awareness of infertility treatment and
diagnosis.
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