What is In Vitro Fertilization Banking Services?
In Vitro Fertilization Banking Services are basically egg and sperm donation and storage services which are on rise in demand due to rising infertility. Nascent life style choices such as drinking and smoking as well as other changing lifestyle trends are leading to decrease in fertility rates around the world. The advancement of modern bio tech solutions and loosening of government regulations in certain regions has driven the growth of these services. Geographically, Europe is the biggest market because of decreasing fertility rates in the region, East Asia primarily South Korea and even japan have huge potential to grow in the coming years because of South Korea’s lowest fertility rate in the world.
The market study is broken down by Type (Egg Banking and Sperm Banking) and major geographies with country level break-up.
The World Egg Bank (United States), European Sperm Bank (Denmark), Boston IVF´s network (United States), MyEggBank (United States), Fairfax Cryo Bank (United States), Seattle Sperm Bank (United States), Cryos International (Denmark), CCRM´s network (United States), Seed ART Bank (India) and OvogeneBank (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are London Egg Bank (United Kingdom), Livio Egg Bank (Sweden) and Asian Egg Bank (United States).
AdvanceMarketAnalytics has segmented the market of Global In Vitro Fertilization Banking Services market by Type, Application and Region.
On the basis of geography, the market of In Vitro Fertilization Banking Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End User , the sub-segment i.e. Cryobanks will boost the In Vitro Fertilization Banking Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Fresh will boost the In Vitro Fertilization Banking Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In 2020, Indira IVF, market leader in IVF services in India with a chain of around 92 fertility clinics is searching for acquisition opportunities in South India. The Hospital group is looking to provide affordable IVF treatments to middle and lower income couples and rule out taboos and myths around infertility.
Germany has Banned Any Kind of Donations of Eggs Under the 1990 Embryo Protection Act
- Rising Number of Fertility Clinics
- Decreasing Fertility Rates in Some Regions & Raised Fertility Tourism
- Low Fertility regions such as Japan and South Korea provide an opportunity
- High Cost Associated with In Vitro Fertilization Services
- Complex Surgeries In Vitro Fertilization
- Low Awareness regarding In Vitro Fertilization Banking Services
- Providing Low Cost IVF Services
Key Target Audience
IVF Banking Services Providers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industries
During this study the evaluation and validation of the market size is done through various sources including primary and secondary analysis. AMA Research & Media follows industrial and regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
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