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In-vehicle infotainment Market Will Increase Demand, Statistics, Growth Rate In Forecast By 2028

Increasing infertility cases and the advancement of new technology such as lensless sperm imaging are expected to push the in-vitro fertilization industry in the years to come.

In-Vitro Fertilization Market Size – USD 15.87 Billion in 2019, IVF Market Growth - CAGR of 9.1%, In-Vitro Fertilization Industry Trends– High demand from developing nations.

Growing consumer understanding of infertility and the development of various therapies are anticipated to fuel business growth. Any of the other reasons, such as the availability of innovative drugs, decreased male infertility, reduced alcohol & tobacco use, and increased policy efforts to improve IVF care, are projected to further fuel consumer demand.

According to the American Society for Pregnant Medicine (ASRM), approximately 6.7 million people in the U.S. are impacted by the failure to have a pregnancy, which accounts for around 11.0% of the pregnant population. Besides, 25% of people have more than one infertility cause. Researchers also developed methods that are used beforehand to improve the effective rate of in-vitro fertilization. Specific methods such as aided hatching, vitrification, processing of egg/sperm, percutaneous epidydimal sperm accumulation and testicular sperm retrieval (PESA and TESE), mini IVF, tri-parent IVF, and genetic testing are already being utilized. Due to the broad target demographic, low treatment cost relative to developing countries, and availability of advanced technologies, Asia Pacific held the largest market share of the amount of IVF cycles conducted in 2019.

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Key Highlights From The Report

  • Based on instrument, disposable devices generated a revenue of USD 5.27 billion in 2019 and believed to rise with a CAGR of 9.5% in the forecast period, the need for high sterile conditions standards and strict regulatory requirements, market players are incorporating disposable devices such as needles, slides, and chambers.
  • The fresh non-donor procedure expected to grow with a CAGR of 9.3% in the forecasted period owing to the steady success rate in the first attempt.
  • The fertility clinic application is the major contributor to the In-Vitro Fertilization Market. The fertility clinics application of European region is the major shareholder of the market and held around 64.0% of the market in the year 2019, owing to the growing demands for ART treatments, there is a significant increase in the number of fertility centers and ART centers, which provide counseling for couples with conceiving problems.
  • Key participants include Continental AG, Panasonic Corporation, Harman International, Alpine Electronics, Pioneer Corporation, Denso Corporation, Visteon Corporation, Delphi Automotive PLC, Clarion Co., Ltd., and JVC KENWOOD Corporation, among others.

In-Vehicle Infotainment Market Segmentation:

Emergen Research has segmented the global In-Vehicle Infotainment Market on the basis of product, fitting, application, and region:

  • Product Outlook (Revenue, USD Billion; 2017-2027)
    • Audio Unit
    • Display Unit
    • Head-Up Display
    • Navigation Unit
    • Communication Unit
  • Fitting Outlook (Revenue, USD Billion; 2017-2027)
    • OE fitted
    • Aftermarket
  • Application Outlook (Revenue, USD Billion; 2017-2027)
    • Passenger Cars
    • Commercial Vehicles

Detailed Analysis of the Regions of the In-Vehicle Infotainment Market Include Regions such as:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Full Coverage of the Report:

  • The authors of this report have performed qualitative and quantitative assessments of the global In-Vitro Fertilization industry and further conducted market estimation for the forecast years of 2020-2027.
  • The report assesses the global In-Vitro Fertilization market in detail, focusing on the technological advancements, various industry verticals, distribution channels, diverse product types, and the broad application outlook.
  • A wide-ranging analysis of the global In-Vitro Fertilization market’s geographical scenario is an integral part of the report.
  • In the conclusive section, the report discusses the company profiles of the key market players at length. This section takes a closer look at the financial positions, recent trends and developments, product offerings, and business expansion tactics of the market contenders.

Table Of Content:

Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          1.4.3. Paid Sources
    1.5. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. In-Vehicle Infotainment Market Segmentation & Impact Analysis
    4.1. In-Vehicle Infotainment Market Material Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                    4.2.2.1. Growth in the automobile sector
                    4.2.2.2. Rising demand for in-vehicle infotainment systems
          4.2.3. Market restraints analysis
                    4.2.3.1. High setup costs
                    4.2.3.2. Lack of skilled labor during COVID-19
    4.3. Technological Insights
    4.4. Regulatory Framework
    4.5. Porter’s Five Forces Analysis
    4.6. Competitive Metric Space Analysis
    4.7. Price trend Analysis
    4.8. Covid-19 Impact Analysis

READ MORE…!

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