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(Medical-NewsWire.com, October 16, 2015 ) Portland, OR --
The Asia-Pacific IVF market would exhibit a notable growth during the forecast period, primarily due to factors such as delayed pregnancies, rising infertility rates due to dysfunctional lifestyles and the emergence of newer fertility tourism destinations. Other factors that would propel the market growth are rising technological advancements, use of intra-cytoplasmic sperm injection (ICSI) and donor egg IVF methods, which collectively boost the success rates of conventional IVF cycles. High costs associated with the treatments, inadequate IVF reimbursements, low health awareness specifically in under-developed Asia-Pacific regions such as Nepal, Myanmar and other ethical concerns are factors that would restrain the market growth. The Asia-Pacific IVF market is estimated to garner $4 billion by 2021, registering a CAGR of 13.5% from 2015 to 2021.
The commercialization of cost-efficient treatments and the emerging role of medical tourism, mainly in developing nations across Asia-Pacific countries would offer lucrative growth opportunities in future. Further, growing clinical research initiatives for the development of novel IVF technologies would provide a dynamic platform for growth of the Asia-Pacific IVF market.
To provide a detailed market assessment, the report segments the Asia-Pacific IVF market on the basis of number of IVF cycles, end-users and a country level analysis. The end-users market is categorized into fertility clinics, hospitals, surgical centres and clinical research institutes. Fertility clinics and hospitals were the leading end-user segments, accounting for about 5/6th of the market, in 2014. Geographically, the Asia-Pacific IVF market is segmented across India, China, Japan, Australia, New-Zealand, Korea, Thailand and other Asia-Pacific countries. In terms of revenue generation, China dominates the Asia-Pacific IVF market, owing to the rapid adoption of advanced technologies and availability of skilled workforce. However, the IVF market value, in India, is set to register a promising CAGR of 15.3% from 2015 to 2021. This growth is largely supplemented by factors such as the rising trend of fertility tourism and wide availability of IVF clinics. In terms of number of cycles performed, China is the leading country accounting for a majority of the market share and is expected to maintain its market position throughout the analysis period. However, the India IVF market, in terms of number of cycles performed, would register a promising CAGR of 13.2% during 2015 to 2021.
Enquire about this report @ http://www.bigmarketresearch.com/report-enquiry/248307
KEY MARKET BENEFITS
The report provides an in-depth analysis on the Asia-Pacific IVF market across seven major countries with a cross sectional analysis of the total number of IVF cycles performed, and the total revenue generated during the forecast period
The report helps in understanding the strategies adopted by various IVF clinics and hospitals in major countries , in order to capitalize on opportunities in the Asia-Pacific IVF market
The report comprehensively analyzes the market scenario across different countries in the Asia Pacific region
The projections in the report are made by analyzing the current market trends and highlighting the market potential for the period of 2014–2021, in terms of value and volume
Extensive analysis of the market is conducted by closely following key product positioning and monitoring the top contenders within the market framework
KEY MARKET SEGMENTS
The Asia-Pacific IVF market is segmented on the basis of end-users, cycle type and geography:
Asia-Pacific IVF Market – By End Users (Value and Volume)
Fertility Clinics
Hospitals
Surgical centers
Clinical research institutes
Asia-Pacific IVF Market – By End User Country Level Analysis (Value and Volume)
India
China
Japan
Australia
New Zealand
Korea
Thailand
Others APAC
Africa
Asia-Pacific IVF Market – By Cycle Type Country Level Analysis (Value and Volume)
India
China
Japan
Australia
New Zealand
Korea
Thailand
Others APAC
Africa
Asia-Pacific IVF Market – By Geography (Value and Volume)
Asia-Pacific
China
India
Japan
Australia
New Zealand
Korea
Thailand
Other APAC countries
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James Jordan
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