According to East Asia Forum, China total fertility rate declined per woman live births from 1.6 in 2017 to 1.3 in 2020. The Chinese government declared the decision to implement a new three-child policy in May 2021. In China, the demand for Assisted Reproductive Techniques (ART) has grown many folds. The leading cause of the increase in ARTS is infertility with patients. Assisted reproductive technologies are triggering due to Fast lifestyle change, smoking, drinking, mental stress/trauma, steroids and other medical conditions such as cystic fibrosis, diabetes, trauma, testicular failure, Fallopian, and blockage of the tube, female ovarian dysfunction, etc. These variables are supporting the China IVF market growth and development. According to the publisher, the China In-Vitro Fertilization Market Growth rate will be double-digit CAGR of 25.21% from 2020-2026.
Based on Treatment
IVF is segmented into Fresh Embryo, Frozen Embryo, Donor Egg, Others. The fresh Embryo holds the largest market share. It is anticipated to continue this trend during the forecast period, owing to a higher success rate. Fresh embryo transfers lead to better pregnancy and birth rates than those who have received frozen embryos.
Nowadays, IVF services are more demanding than ever in China. By Instrument segment, culture media is an essential part of IVF, it is a complex solution that’s used to support cell growth. Based on procedure, Intracytoplasmic Sperm Injection (ICSI) is a specialized form of In Vitro Fertilization (IVF) used primarily to treat severe cases of male-factor infertility. ICSI includes the injection of a single sperm directly into a mature egg. China In-Vitro Fertilization Market Size was US$ 792.3 Million in 2020.
Across China, Fertility clinics and hospitals play a vital role in implementing IVF treatments to couples seeking infertility treatments. With a growing demand for ART treatments in China, fertility clinics are developing considerably. Factors such as availability of specialists, cost-effectiveness and minimal or no chances of hospital-acquired infections are critical factors that can be attributed to the growth of fertility clinics in China. In 2021, Renji Hospital launches a blockchain-based IVF service app in China. MyBaby app allows its users to view and track the extraction, labelling and scoring of fertilized eggs and the cultivation and preservation of embryos.
This latest report China In-Vitro Fertilization Market by Treatment (Fresh Embryo, Frozen Embryo, Donor Egg, Others) by Instrument Culture Media, Disposable Devices, Capital Equipment) by Procedure (ICSI IVF, Non-ICSI IVF, IUI) by End User (Fertility Clinics, Hospitals,Others)” studies the China In-Vitro Fertilization Market. The report also comprises qualitative factors such as drivers, restraints, and opportunities.
Treatment - China In-Vitro Fertilization Market have been covered from 4 viewpoints
1. Fresh Embryo
2. Frozen Embryo
3. Donor Egg
4. Others
Instrument - China In-Vitro Fertilization Market have been covered from 3 viewpoints
1. Culture Media
2. Disposable Devices
3. Capital Equipment
Procedure - China In-Vitro Fertilization Market have been covered from 3 viewpoints
1. ICSI IVF
2. Non-ICSI IVF
3. IUI
End User - China In-Vitro Fertilization Market have been covered from 3 viewpoints
1. Fertility Clinics
2. Hospitals
3. Others
What is the estimated value of the Chinese In-Vitro Fertilization Market?
What is the growth rate of the Chinese In-Vitro Fertilization Market?
What is the forecasted size of the Chinese In-Vitro Fertilization Market?
Report Attribute | Details |
---|---|
No. of Pages | 140 |
Published | July 2021 |
Forecast Period | 2020 - 2026 |
Estimated Market Value ( USD | $ 792.3 Million |
Forecasted Market Value ( USD | $ 3052.3 Million |
Compound Annual Growth Rate | 25.2% |
Regions Covered | China |
Table of Contents
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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