UK IVF Services Market is
estimated to reach $685.4 million by 2022, registering a CAGR of 7.7% from 2016
to 2022.
The UK IVF services market is characterized
by important factors such as increase in cases of infertility, delayed
marriages, and parenthood decisions. In addition, decrease in birthrate also
boost the market growth. For instance, in 2014 total fertility rate decreased
to 1.83 per woman from 1.85 in 2013. The IVF services market in the UK is
anticipated to experience a continuous growth due to supportive regulatory
bodies such as Human Fertilization and Embryo authority (HFEA), which closely
regulates the functioning of IVF treatments and research involving human
embryos in the UK supplements the market growth. The growth of the market is
associated with decrease in birthrate, increase in infertility, and supportive
regulations for IVF treatments.
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Key players in the UK IVF services market
includes companies, hospitals, surgical centers, fertility centers, and
clinical research institutes.
These includes Lister Fertility Clinics, The
Bridge center, and Chelsea and Westminster Hospital.
The fertility clinics segment is anticipated
to dominate the market during the forecast period in terms of volume and
revenue. This is because the fertility clinics provide technologically advanced
and wide range of fertility treatments under one roof for patients.
Key
Findings of the UK IVF Services Market:
- Based on cycle type, fresh IVF cycles
(non-donor) is projected to be one of the fastest growing segment at a
CAGR of 8.3% from 2016 to 2022, in terms of revenue
- Based on end users, fertility clinics is
projected to be the one of the fastest growing segment at a CAGR of 8.9%
from 2016 to 2022, in terms of revenue
- Based on cycle type, fresh IVF cycle
(non-donor) is projected to be the one of the fastest growing segment at a
CAGR of 7.6% from 2016 to 2022, in terms of volume
- Based on end users, fertility clinics is
projected to be the one of the fastest growing segment at a CAGR of 8.2%
from 2016 to 2022, in terms of volume
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