In-vitro Fertilization Services Market Size & Share 2019 - 2025
Market Size by Procedure (In-vitro Fertilization, Intracytoplasmic Sperm Injection), by Age Group (Below 34, 35-39, 40-42, 43 and Above), by End Use (Hospitals, Fertility Centers, Surgical Centers), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast.
Report ID: GMI3441
|
Published Date: June 2019
|
Report Format: PDF
Download Free PDF
Authors:
Mariam Faizullabhoy, Gauri Wani
In-vitro Fertilization Services Market Size
In-vitro Fertilization Services Market size was valued at USD 10.7 billion in 2018 and is expected to witness more than 7% CAGR from 2019 to 2025.
Increasing prevalence of infertility will significantly contribute to in-vitro fertilization services market growth in forthcoming years. According to National Center for Biotechnology Information, approximately 8-12% of couples face issues such as infertility and impaired fecundity. Factors such as changing lifestyles, late childbearing, and heredity are the major risk factors that lead to infertility. Thus, rising risk factors coupled with increasing acceptance of IVF procedures will lead to market expansion over the coming years.
Growing awareness about assisted reproductive technology will highly impact utilization of IVF services over the upcoming years. For instance, the Asia Pacific Initiative on Reproduction (ASPIRE), a group of scientists and clinicians, engaged in fertility management and ART. ASPIRE aims at promoting awareness about infertility and IVF procedures and improving infertility-related services in Asia-Pacific region. In addition, understanding and knowledge about the success rate of IVF procedures will further propel market growth.
However, social barriers and lack of advanced infrastructure in emerging economies will hinder market growth. Women belonging to lower-income countries as well as having lower annual income face affordability issues due to lack of insurance policies. Additionally, irregular reimbursement coverage and unorganized regulatory scenario are further hampering market growth.
In-vitro Fertilization Services Market Analysis
IVF market accounted for a total value of USD 4.2 million in 2018 and is expected to grow at a robust rate in the future. Couples across the globe are seeking IVF treatments owing to greater chances of conceiving and high success rate. As per German IVF Registry Annual Report, in 2017, IVF consisted of about 16% of all the assisted reproductive procedures. High success rate coupled with greater awareness about the procedure should augment IVF market growth in coming years.
Intracytoplasmic sperm injection (ICSI) segment dominated the overall market and is forecasted to expand at 6.4% CAGR during the forecast timeframe. The procedure allows men with impotency to impregnate their partners that will increase customer preference in the forthcoming years. ICSI technique is utilized to overcome severe male infertility. Hence, the above-mentioned reasons will propel market growth in the future.
People below the age of 34 years tend to opt for IVF services and accounted for market share of about 40.7% in 2018. Decreasing fertility rate is attributed to growing adoption of IVF services. As per the Centers for Disease Control and Prevention (CDC) data, the number of births dropped by 2% in U.S. between 2017 and 2018. Also, rising awareness about various advantages of IVF services among women aged below 34 years will further propel segment growth.
IVF services procedures are growing at a robust rate among the middle-aged population. Adoption of IVF services among people between the age group of 35-39 years is expected to grow at 7.7% during the forecast timeframe. Factors such as rising infertility, growing awareness about IVF services, improving reimbursement scenario across European countries and growing disposable income are the major factors augmenting the segment growth.
Hospitals segment accounted for USD 2.4 billion in 2018. High growth rate is attributed to rising number of patients opting for assisted reproductive technology. As per research paper published in Journal of Pregnancy and Child Health, about 40-60% hospital outpatient consultations in Nigeria were for issues associated with infertility. Thus, high adoption of ART to overcome infertility problems will impel assisted reproductive technology market growth.
Fertility centers market is forecasted to grow at 9.1% across the forecast timeframe. Advancements in assisted reproductive technology coupled with rising demand for infertility treatment will be the major drivers of the fertility clinics segmental growth. As per Centers for Disease Control and Prevention (CDC) report, the number of fertility clinics operating in U.S. rose from 463 to 499 between 2014 and 2015. Increasing procedural number in clinics owing to shorter duration and greater accessibility will highly impact fertility clinics segmental growth in forthcoming years.
U.S. IVF services market held majority share of 88.2% in the year 2018. Rising prevalence of infertility coupled with presence of large number of fertility clinics and centers will boost regional growth across the forecast timeframe. As per World Bank Data, fertility rate in U.S. reduced from 2.1 to 1.7. between 2007 and 2017. Growing infertility issues coupled with rising number of fertility clinics and centers will boost market growth in the region.
India is estimated to show significant growth of 16.3% during the forecast period due to rising number of IVF treatments along with various government initiatives to increase awareness about infertility and advantages of IVF procedures among people. For instance, Indian government funds a program named ‘Jiyo Parsi’, a program that provides free IVF treatment to Parsi community. Furthermore, growing awareness about advantages of IVF procedures will render positive effect on India IVF services market.
In-vitro Fertilization Services Market Share
Few of the notable industry players operating in global IVF services market are:
These industry players implemented various strategies such as collaborations, mergers and acquisitions and new services launch are undertaken by these players in order to capture high revenues. Presence in large number of locations and various discounts for availing IVF services are some of the strategies adopted by various market players to attract large customer base and generate maximum revenue.
In-vitro Fertilization Services Industry Background
In-vitro fertilization is dated back to the last 1970’s when first baby was born through in-vitro fertilization method in 1978. Numerous advancements and changes have been made in the IVF procedures in order to improve the treatment outcome. Currently, various research institutes and medical centers are investing in R&D activities to increase the procedural efficiency and fertilization results. Additionally, various government initiatives to lower the treatment cost are being undertaken to increase the adoption rate of IVF services. However, various government regulations are required to ensure both patient safety and procedural efficiency. Also, further studies are needed to investigate the reproducibility and robustness of novel IVF techniques.
Research methodology, data sources & validation process
This report draws on a structured research process built around direct industry conversations, proprietary modelling, and rigorous cross-validation and not just desk research.
Our 6-step research process
1. Research design & analyst oversight
At GMI, our research methodology is built on a foundation of human expertise, rigorous validation, and complete transparency. Every insight, trend analysis, and forecast in our reports is developed by experienced analysts who understand the nuances of your market.
Our approach integrates extensive primary research through direct engagement with industry participants and experts, complemented by comprehensive secondary research from verified global sources. We apply quantified impact analysis to deliver dependable forecasts, while maintaining complete traceability from original data sources to final insights.
2. Primary research
Primary research forms the backbone of our methodology, contributing nearly 80% to overall insights. It involves direct engagement with industry participants to ensure accuracy and depth in analysis. Our structured interview program covers regional and global markets, with inputs from C-suite executives, directors, and subject matter experts. These interactions provide strategic, operational, and technical perspectives, enabling well-rounded insights and reliable market forecasts.
3. Data mining & market analysis
Data mining is a key part of our research process, contributing nearly 20% to the overall methodology. It involves analysing market structure, identifying industry trends, and assessing macroeconomic factors through revenue share analysis of major players. Relevant data is collected from both paid and unpaid sources to build a reliable database. This information is then integrated to support primary research and market sizing, with validation from key stakeholders such as distributors, manufacturers, and associations.
4. Market sizing
Our market sizing is built on a bottom-up approach, starting with company revenue data gathered directly through primary interviews, alongside production volume figures from manufacturers and installation or deployment statistics. These inputs are then pieced together across regional markets to arrive at a global estimate that stays grounded in actual industry activity.
5. Forecast model & key assumptions
Every forecast includes explicit documentation of:
✓ Key growth drivers and their assumed impact
✓ Restraining factors and mitigation scenarios
✓ Regulatory assumptions and policy change risk
✓ Technology adoption curve parameter
✓ Macroeconomic assumptions (GDP growth, inflation, currency)
✓ Competitive dynamics and market entry/exit expectations
6. Validation & quality assurance
The final stages involve human validation, where domain experts manually review filtered data to identify nuances and contextual errors that automated systems might miss. This expert review adds a critical layer of quality assurance, ensuring data aligns with research objectives and domain-specific standards.
Our triple-layer validation process ensures maximum data reliability:
✓ Statistical Validation
✓ Expert Validation
✓ Market Reality Check
Trust & credibility
Verified data sources
Trade publications
Security & defense sector journals and trade press
Industry databases
Proprietary and third-party market databases
Regulatory filings
Government procurement records and policy documents
Academic research
University studies and specialist institution reports
Company reports
Annual reports, investor presentations, and filings
Expert interviews
C-suite, procurement leads, and technical specialists
GMI archive
13,000+ published studies across 30+ industry verticals
Trade data
Import/export volumes, HS codes, and customs records
Parameters studied & evaluated
Every data point in this report is validated through primary interviews, true bottom-up modelling, and rigorous cross-checks. Read about our research process →