Global In-Vitro Fertilization Market to Reach $31.4 Billion by 2027
Amid the COVID-19 crisis, the global market for In-Vitro Fertilization estimated at US$17.7 Billion in the year 2020, is projected to reach a revised size of US$31.4 Billion by 2027, growing at a CAGR of 8.6% over the period 2020-2027. Fertility Clinics, one of the segments analyzed in the report, is projected to record 9.1% CAGR and reach US$21.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Hospitals segment is readjusted to a revised 7.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $4.8 Billion, While China is Forecast to Grow at 11.5% CAGR
The In-Vitro Fertilization market in the U.S. is estimated at US$4.8 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$6.6 Billion by the year 2027 trailing a CAGR of 11.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.8% and 7.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6.6% CAGR.
Select Competitors (Total 42 Featured):
Amid the COVID-19 crisis, the global market for In-Vitro Fertilization estimated at US$17.7 Billion in the year 2020, is projected to reach a revised size of US$31.4 Billion by 2027, growing at a CAGR of 8.6% over the period 2020-2027. Fertility Clinics, one of the segments analyzed in the report, is projected to record 9.1% CAGR and reach US$21.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Hospitals segment is readjusted to a revised 7.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $4.8 Billion, While China is Forecast to Grow at 11.5% CAGR
The In-Vitro Fertilization market in the U.S. is estimated at US$4.8 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$6.6 Billion by the year 2027 trailing a CAGR of 11.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.8% and 7.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6.6% CAGR.
Select Competitors (Total 42 Featured):
- Cook Medical, Inc.
- CooperSurgical, Inc.
- EMD Serono, Inc.
- Esco Micro Pte. Ltd.
- Genea Limited
- Irvine Scientific
- Ivftech Aps
- KITAZATO CORPORATION
- Rocket Medical PLC
- The Baker Company, Inc.
- Thermo Fisher Scientific, Inc.
- Vitrolife AB
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I. METHODOLOGY
II. EXECUTIVE SUMMARY
III. MARKET ANALYSIS
IV. COMPETITION
II. EXECUTIVE SUMMARY
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
III. MARKET ANALYSIS
IV. COMPETITION
- Total Companies Profiled: 42
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