Pramod Kumar

9 months ago · 1 min. reading time · visibility ~10 ·

chat Contact the author

thumb_up Relevant message Comment

What is Future Scope of In Vitro Fertilization (IVF) Devices and Consumables Market?

The declining fertility rate, rising prevalence of delayed pregnancy, increasing disposable income, and growing awareness about in-vitro fertilization (IVF) treatment options are driving the IVF devices and consumables market. It gathered a revenue of $1.6 billion in 2016, and it is expected to grow at a 17.9% CAGR during the forecast period (2017–2023).

The artificial fertilization of an ovum in a laboratory setting to be later implanted into the uterus is termed as in-vitro fertilization.The key driving factor for the IVF devices and consumables market is the rising infertility rate, worldwide. In developing nations, one in every four couples is affected by infertility.

Receive Sample Copy of this Report: https://www.psmarketresearch.com/market-analysis/ivf-devices-and-consumables-market/report-sample

What is Future Scope of In Vitro Fertilization (IVF) Devices and Consumables Market?

As per the World Bank, the fertility rate came down to 2.4 in 2015 from 4.7 in 1970. Smoking, which has a negative impact on health, is a major cause of infertility.Smoking reduces the chances of pregnancy in women by 50.0%.The Human Reproduction Journal of the Oxford Press said that about 7.7 million women will be diagnosed with infertility by 2025.The IVF devices and consumables market is witnessing an increase in gamete donation. This is due to the rising health issues and increasing same-sex marriages.

Make an Enquiry before Purchase: https://www.psmarketresearch.com/send-enquiry?enquiry-url=ivf-devices-and-consumables-market

The financial benefits that donors receive are leading to the rise in sperm donation in the Asia-Pacific region. The success rate of IVF procedures performed using donated ova has increased by 24.0%, thereby driving the market forward.Based on technique, the subdivisions of the IVF devices and consumables market are fresh embryo, donor egg, and frozen embryo. The fresh embryo IVF technique is expected to generate a revenue of $3.0 billion by 2023, exhibiting an 18.2% CAGR during the forecast period.


thumb_up Relevant message Comment
Comments

More articles from Pramod Kumar

View blog
4 weeks ago · 1 min. reading time
Pramod Kumar
1 month ago · 1 min. reading time
Pramod Kumar

Why will Robotic Catheter Systems Market Boom in North America in Future?

In 2018, the global robotic catheter systems marke ...

2 months ago · 2 min. reading time
Pramod Kumar

Huge Growth Expected in Active Pharmaceutical Ingredient Market in Future

According to the World Health Organization (WHO), ...