In Vitro Fertil

In Vitro Fertilization Market  Size, Analysis, Share, Research, Business Growth and Forecast to 2032

The in vitro fertilization (IVF) banking services market is gaining traction owing to the growing rate of infertility around the world. A recent study by the World Health Organization (WHO) states that infertility affects around 15% couples annually around the world.

Due to the growing cases of cancer the adoption of in vitro fertilization (IVF) is rising substantially among cancer patients, which in turn is fuelling the demand for in vitro fertilization banking services.

The increase in investment in order to obtain safe and secure sperm/egg storage facility coupled with the rising focus on cost-effective in vitro fertilization banking services is bolstering the growth of the market.

The healthcare industry is expanding fast and incorporating cutting edge technologies and equipment in their services. This in turn is aiding the expansion of the in vitro fertilization banking services market. It also is expected to gain from favourable government policies across various nations.

According to Future Market Insights (FMI), the global in vitro fertilization banking services market is anticipated to grow at over 11% CAGR during the forecast period from the year 2020 to 2030.

Despite facing a few difficulties due to COVID-19 pandemic, the market is projected to grow steadily in the coming years.

FMI offers an exhaustive overview of the in vitro fertilization banking services market, along with information on its potential, growth drivers, and restraints.

Some of the key takeaways from the report are highlighted below

• The demand for egg banking services is expected to surge considerably in the coming years
• Europe will lead in the in vitro fertilization banking services market throughout the forecast period
• Latin America will emerge lucrative in the in vitro fertilization banking services market in the coming years
• The rising demand for andrology services will augment growth prospects
• Fresh donor egg cycle services will remain highly sought-after among various egg banking services available

COVID-19 Impact Analysis

In vitro fertilization is a costly and time consuming process hence the financial crisis caused due to the COVID-19 pandemic has severely affected the in vitro fertilization banking services market.

As the focus has shifted towards emergency services in healthcare sector, the demand for in vitro fertilization has been decreased substantially affecting the growth of in vitro fertilization banking services market.

Though the market has been affected due to the pandemic, it is anticipated to get back to its feet by the end of the year 2021 creating ample of opportunities for the key market players.

More Valuable Insights on In Vitro Fertilization Banking Services Market
In the latest report by Future Market Insights, we offer an unbiased analysis of the global in vitro fertilization banking services market, providing historical data for the period of 2015-2019 and forecast statistics for the period of 2020-2030. In order to understand the global market potential, its growth and scopes, the market is segmented on the basis of service type (egg banking (fresh donor egg cycle, frozen donor egg cycle), sperm banking (andrology services, sperm storage)), across six major regions (North America, Latin America, Europe, South Asia, East Asia, Oceania, MEA).

Key Market Segments Covered in In Vitro Fertilization Banking Services Industry Research

By Service type:
Egg Banking

Fresh Donor Egg Cycle

Frozen Donor Egg Cycle

Sperm Banking

Sperm Storage Services

Andrology Services

For More Information: https://www.futuremarketinsights.com/reports/in-vitro-fertilization-market