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The major factors driving the growth of the market are the increasing number of infertility cases, rising awareness about IVF treatment, and growing number of IVF clinics.
With the increasing number of infertility cases, the demand for IVF treatment is also increasing. Infertility is caused due to various reasons such as PCOS, endometriosis, uterine fibroids, etc. According to WHO, around 48.5 million women worldwide suffer from infertility. IVF is one of the most effective treatments for infertility and has helped many couples become parents.
The awareness about IVF treatment is also increasing among couples struggling with infertility. With the help of social media and the internet, couples are able to learn about this treatment option and its success rate. In addition, there are a growing number of IVF clinics which are providing this treatment to couples.
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As the world population continues to grow, the demand for in vitro fertilization (IVF) services is expected to rise. The market for IVF is expected to reach $987 Million by 2026, according to a report by MarketsandMarkets.
The report cites several factors that will contribute to the growth of the IVF market, including an increase in the number of women delaying motherhood, the rising prevalence of infertility, and the availability of more advanced IVF technology.
With more couples turning to IVF to conceive, the market is expected to become more competitive. IVF providers will need to offer innovative and affordable services to attract and retain customers.
IVF is a popular fertility treatment for couples who are struggling to conceive. There are many reasons why people may opt for IVF, including advanced maternal age, blocked fallopian tubes, endometriosis, male factor infertility, and unexplained infertility.
IVF offers couples who are struggling to conceive a chance to have a baby. The success rates of IVF have improved over the years, and the procedure is now more affordable than ever before. If you are considering IVF, be sure to consult with a fertility specialist to discuss your specific situation and find out if IVF is right for you.
The prominent players operating in the global in vitro fertilization market include The Cooper Companies Inc. (US), Cook Group (US), Vitrolife (Sweden), Thermo Fisher Scientific, Inc. (US), Esco Micro Pte. Ltd. (Singapore), Genea Limited (Australia), IVFtech ApS (Denmark), FUJIFILM Irvine Scientific (US), The Baker Company, Inc. (US), Kitazato Corporation (Japan), Corning Corporation (US), Hamilton Thorne Ltd. (US), ZEISS Group (Germany), FERTIPRO NV(Belgium), and Eppendorf (Germany).
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