PORTLAND, Oregon, April 22, 2014 /PRNewswire/ --
Most recent expansion to Research Beam's report pool is the global IVF market report. This report titled as "In Vitro Fertilization (IVF) Market - Size, Share, Trends, Opportunities, Global Demand, Insights, Analysis, Research, Report, Company Profiles, Segmentation and Forecast, 2013 -2020," provides an overall view about Global IVF market and takes through finer details that this business sector might witness throughout the estimated period. This resourceful and astute business report will be of extraordinary help to the worldwide IVF market players.
To view the complete report, see @ http://www.researchbeam.com/in-vitro-fertilization-market
Incorporating wide viewpoints and vital inputs by our researchers, Global IVF market report states that the business might witness a wonderful upsurge by 2020, arriving at $21.6 billion. Such a phenomenal development might register a CAGR of 11.6% between 2013 and 2020. This study is certain to open doors for the key participants of global IVF market.
Broad study and sound analysis by experts uncovered that the high pervasiveness of infertility cases overall is the key element that might impel the development of IVF market. As they see it, fundamental explanation behind infertility cases are smoking, drinking, anxiety, lifestyle changes etc. Sexually transmitted diseases are also responsible for high infertility rate around the world. According to the study, it is found that smoking could have a negative effect on pregnancy.
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The worldwide IVF market is profiting massively because of medical tourism. The expense of IVF treatment in developing nations is less in comparison to developed nations. An intensive research exhibited that a normal IVF procedure in the U.S. might mount up to $10,000- $15,000. Although, the same IVF methodology in Thailand might require them around $6000. Consequently, developing countries are most preferred when it comes to IVF treatment. Further, developing nations have seen innovative strides with improved health awareness that works positively for medical tourism. Additionally, nations like Israel and Belgium offer coordinated reimbursement plans to tackle infertility. This immensely supports the growth of IVF market.
Intra cytoplasmic sperm injection is evolving and growing to be an innovative technology in IVF treatment. "ICSI has been successfully performed even in complex situations where there are multiple factors responsible for infertility among both male or/and female patients. Moreover, this has been best suitable for those who have had repeated failures through conventional IVF procedures," quote Debbie Shields and Rohini Patil
One very significant finding of this report is the increase in egg donation. Previously, many women did not agree for egg donation as it resulted in numerous implications such as high medical costs, health problems, abdominal pain etc. The report observed that egg donations in the U.S. rose to 18000 in 2010 from 11000 in 2000. This can be considered as one of the key findings in global IVF market. The market would witness a further increase in egg donation during the analysis period.
Browse all medical devices market report @ http://www.researchbeam.com/medical-devices-market-report
This report outlines high cost of IVF treatment as main factor impeding the growth of global IVF market. To concur with it, our experts have found that an average IVF procedure would cost around $10000-$20000.
In terms of geographical locations, European market would reach $8 billion by 2020, registering a CAGR of 10.2% during 2013 to 2020. Further, Asia Pacific region would witness a potential CAGR of 17.1% during 2013 to 2020.
Global IVF market report would provide insights of key market players, and they are:
- Vitrolife AB
- EMD Serono, Inc.
- Irvine scientific
- Cooper Surgical, Inc.
- Cook Medical, Inc.
- Thermo Fisher Scientific, Inc.
- GeneaBiomedx
- Auxogyn, Inc.
- Oxford Gene Technology
- Ovascience
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