The global IVF hormones market is segmented under the global IVF market, which is estimated to reach at USD 22 Billion by 2021
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Infertility is one of the major causes of distress among majority of couples in the world caused either by physiological or genetically arrived disorders. IVF (In Vitro Fertilization) have emerged as a revolutionary technique which helps couples to have their own child by allowing the fertilization procedure outside the body.
IVF hormones help to catalyze the process by stimulating production of eggs and other related medical issues in women body.
On the basis of type, the global IVF hormones market is segmented as follows:
- Follicle-Stimulating Hormone/ Gonadotropin-releasing Hormone (GnRH)
- Luteinizing Hormone
On the basis of gender, the global IVF hormones market is classifieds as follows:
- Male IVF Hormone
- Female IVF Hormone
On the basis of geography, the global IVF hormones market is segmented are as follows:
- North America
- Latin America
- Western and Eastern Europe
- Middle East and North Africa
- Rest of World
Growth Drivers and challenges
On the back of factors like, up-surged cases of infertility in men and women, late marriages, negative impact of lifestyles, inventions of new technologies in IVF market and increasing awareness about egg donation among women, the global IVF hormones demand is expected to reach new height in near future.
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In addition to that, rising per capita income of some of the developing nations is also believed to drive the growth of the market in near future.
However, high cost associated with IVF procedures and stringent government regulations are expected to restrain the global IVF hormones market during 2015-2021.
Market Size and Forecast
In recent years, North America and Europe held the largest market size and is anticipated to maintain its position in future, hence, largest IVF hormone market during the forecast period i.e. 2015-2021.
There were about 165, 174 IVF treatment procedures performed in the U.S. in 2014.
IN Europe, the U.K. on an average accounts for over 60,000 procedures of IVF treatment each year.
Asia-Pacific IVF hormone market is believed to witness the fastest growth owing to rise in disposable income and increase in medical tourism in countries like India and China.s
This report also provides the existing competitive scenario of some of the key players of the global in vitro fertilization (IVF) hormones market which includes company profiling of Lee Biosolutions Inc., Aquatic Remedies Pvt. Ltd., Sigma-Aldrich, Empower Pharmacy, Kamiya Biomedical Company, Agilent Technologies, BBI solutions, Thermo Fisher Scientific Inc., Genzyme Corporation and Asta Medica GmbH.
The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global in vitro fertilization (IVF) hormones market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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