In vitro fertilization (IVF) is a medical procedure used to assist with reproduction. It involves the fertilization of an egg with sperm outside the body, in a laboratory dish. IVF is commonly used when couples face infertility issues that cannot be resolved through other methods. The primary purpose of In vitro fertilization (IVF) services is to assist individuals or couples who are struggling with infertility. IVF involves the process of fertilizing an egg outside the body, in a laboratory, and then implanting the resulting embryo into the uterus.
The IVF services market consists of sales of in vitro fertilization (IVF) services by entities (organizations, sole traders and partnerships) that provide IVF services which is one of the more widely known types of assisted reproductive technology (ART) used to address infertility. IVF is a process of fertilization where an egg is combined with sperm outside the body, in vitro ("in glass").
The global IVF services market was valued at $13,391.32 million in 2019 which grew till 2024 at a compound annual growth rate (CAGR) of more than 7.00%.
Rising Infertility Rates
The rising infertility rates supported the growth of the IVF services market during the historic period. Infertility affects both men and women and the rising incidence across genders has significantly expanded the addressable market for IVF services. Factors such as lifestyle shifts, heightened stress levels, delayed parenthood and underlying health conditions have accelerated the demand for assisted reproductive technologies. This growing demand has attracted significant investment in the fertility tech sector. As a result, more IVF clinics are opening, advanced technologies like embryo freezing and genetic testing are being adopted, and services are becoming more accessible in both urban and semi-urban areas. For instance, in April 2023, according to the World Health Organization (WHO), a Switzerland-based specialized agency of the United Nations responsible for international public health, reported that around 17.5% of the adult population roughly 1 in 6 worldwide experience infertility, showing the urgent need to increase access to affordable, high-quality fertility care for those in need. Therefore, the rising infertility rates drove the growth of the IVF services market.
Integrating AI and Regional Outreach to Transform Fertility Care
Major companies operating in the in vitro fertilization (IVF) services market are leveraging innovation and expansion strategies to strengthen their position and increase accessibility to advanced reproductive care. These efforts often include integrating emerging technologies and opening new centers in underserved regions. In March 2023, Santaan, an India-based multi-centre fertility clinic and research institute, expanded its innovative services with new facilities in Bangalore and Ambur (Tamil Nadu), alongside further growth within Odisha. The clinic is known for incorporating AI and IoT to remotely monitor IVF lab environments, thereby improving treatment precision and outcomes. Santaan offers a comprehensive range of fertility treatments, including IVF, IUI, ICSI, and pre-implantation genetic screening. It also provides women's health services under its 'She & Her' brand, which includes AI-driven, non-invasive cancer screenings. With a patient-centric model, the clinic has helped over 7,000 couples achieve parenthood and maintains success rates above global standards. Through Santaan Academy, it also trains future fertility specialists, supporting the development of fertility care across India.
The global IVF services markets are fragmented, with a large number of small players operating in the market. The top 10 competitors in the market made up 7.90% of the total market in 2023.
IVF Services Global Market Opportunities And Strategies To 2034 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global IVF services market as it emerges from the COVID-19 shut down.
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Where is the largest and fastest-growing market for IVF services? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The IVF services market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider IVF services market; and compares it with other markets.
The report covers the following chapters
Introduction And Market Characteristics - Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by cycle type and by service provider.
Key Trends - Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
Growth Analysis And Strategic Analysis Framework - Analysis on PESTEL, end use industries, market growth rate, global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods, forecast growth contributors and total addressable market (TAM).
Global Market Size And Growth- Global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
Regional And Country Analysis- Historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison by region and country.
Market Segmentation- Contains the market values (2019-2024) (2024-2029, 2034F) and analysis for each segment by cycle type and by service provider in the market. Historic (2019-2024) and forecast (2024-2029) and (2029-2034) market values and growth and market share comparison by region market.
Regional Market Size And Growth - Regional market size (2024), historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
Competitive Landscape - Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
Other Major And Innovative Companies - Details on the company profiles of other major and innovative companies in the market.
Competitive Benchmarking- Briefs on the financials comparison between major players in the market.
Competitive Dashboard - Briefs on competitive dashboard of major players.
Key Mergers And Acquisitions - Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
Recent Developments - Information on recent developments in the market covered in the report.
Market Opportunities And Strategies - Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
Conclusions And Recommendations - This section includes recommendations for IVF services providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
Appendix - This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
8.7 Global IVF Services Total Addressable Market (TAM)
9 Global IVF Services Market Segmentation
9.1 Global IVF Services Market, Segmentation By Cycle Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
9.2 Global IVF Services Market, Segmentation By Service Provider, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
9.3 Global IVF Services Market, Sub-Segmentation Of Fresh IVF Cycles (Non-donor), By Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
9.4 Global IVF Services Market, Sub-Segmentation Of Thawed IVF Cycles (Non-donor), By Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
9.5 Global IVF Services Market, Sub-Segmentation Of Donor Egg IVF Cycles, By Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
10 IVF Services Market, Regional and Country Analysis
10.1 Global IVF Services Market, By Region, Historic and Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
10.2 Global IVF Services Market, By Country, Historic and Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11 Asia-Pacific Market
11.1 Summary
11.2 Market Overview
11.2.1 Region Information
11.2.2 Market Information
11.2.3 Background Information
11.2.4 Government Initiatives
11.2.5 Regulations
11.2.6 Regulatory Bodies
11.2.7 Major Associations
11.2.8 Taxes Levied
11.2.9 Corporate Tax Structure
11.2.10 Investments
11.2.11 Major Companies
11.3 Asia-Pacific IVF Services Market, Segmentation By Cycle Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.4 Asia-Pacific IVF Services Market, Segmentation By Service Provider, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.5 Asia-Pacific IVF Services Market: Country Analysis
11.6 China Market
11.7 Summary
11.8 Market Overview
11.8.1 Country Information
11.8.2 Market Information
11.8.3 Background Information
11.8.4 Government Initiatives
11.8.5 Regulations
11.8.6 Regulatory Bodies
11.8.7 Major Associations
11.8.8 Taxes Levied
11.8.9 Corporate Tax Structure
11.8.10 Investments
11.8.11 Major Companies
11.9 China IVF Services Market, Segmentation By Cycle Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.10 China IVF Services Market, Segmentation By Service Provider, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.11 India Market
11.12 India IVF Services Market, Segmentation By Cycle Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.13 India IVF Services Market, Segmentation By Service Provider, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.14 Japan Market
11.15 Summary
11.16 Market Overview
11.16.1 Country Information
11.16.2 Market Information
11.16.3 Background Information
11.16.4 Government Initiatives
11.16.5 Regulations
11.16.6 Regulatory Bodies
11.16.7 Major Associations
11.16.8 Taxes Levied
11.16.9 Corporate Tax Structure
11.16.10 Investments
11.16.11 Major Companies
11.17 Japan IVF Services Market, Segmentation By Cycle Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.18 Japan IVF Services Market, Segmentation By Service Provider, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.19 South Korea Market
11.20 Summary
11.21 Market Overview
11.21.1 Country Information
11.21.2 Market Information
11.21.3 Background Information
11.21.4 Government Initiatives
11.21.5 Regulations
11.21.6 Regulatory Bodies
11.21.7 Major Associations
11.21.8 Taxes Levied
11.21.9 Corporate Tax Structure
11.21.10 Major Companies
11.22 South Korea IVF Services Market, Segmentation By Cycle Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.23 South Korea IVF Services Market, Segmentation By Service Provider, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.24 Australia Market
11.25 Australia IVF Services Market, Segmentation By Cycle Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.26 Australia IVF Services Market, Segmentation By Service Provider, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.27 Indonesia Market
11.28 Indonesia IVF Services Market, Segmentation By Cycle Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.29 Indonesia IVF Services Market, Segmentation By Service Provider, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.30 Vietnam Market
11.31 Market Overview
11.31.1 Country Information
11.31.2 Market Information
11.31.3 Background Information
11.31.4 Government Initiatives
11.31.5 Regulations
11.31.6 Regulatory Bodies
11.31.7 Major Associations
11.31.8 Taxes Levied
11.31.9 Corporate Tax Structure
11.31.10 Investments
11.31.11 Major Companies
11.32 Vietnam IVF Services Market, Segmentation By Cycle Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
11.33 Vietnam IVF Services Market, Segmentation By Service Provider, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12 Western Europe Market
12.1 Summary
12.2 Market Overview
12.2.1 Region Information
12.2.2 Market Information
12.2.3 Background Information
12.2.4 Government Initiatives
12.2.5 Regulations
12.2.6 Regulatory Bodies
12.2.7 Major Associations
12.2.8 Taxes Levied
12.2.9 Corporate tax structure
12.2.10 Investments
12.2.11 Major Companies
12.3 Western Europe IVF Services Market, Segmentation By Cycle Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.4 Western Europe IVF Services Market, Segmentation By Service Provider, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.5 Western Europe IVF Services Market: Country Analysis
12.6 UK Market
12.7 UK IVF Services Market, Segmentation By Cycle Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.8 UK IVF Services Market, Segmentation By Service Provider, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.9 Germany Market
12.10 Germany IVF Services Market, Segmentation By Cycle Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.11 Germany IVF Services Market, Segmentation By Service Provider, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.12 France Market
12.13 France IVF Services Market, Segmentation By Cycle Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.14 France IVF Services Market, Segmentation By Service Provider, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.15 Italy Market
12.16 Italy IVF Services Market, Segmentation By Cycle Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.17 Italy IVF Services Market, Segmentation By Service Provider, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.18 Spain Market
12.19 Spain IVF Services Market, Segmentation By Cycle Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
12.20 Spain IVF Services Market, Segmentation By Service Provider, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
13 Eastern Europe Market
13.1 Summary
13.2 Market Overview
13.2.1 Region Information
13.2.2 Market Information
13.2.3 Background Information
13.2.4 Government Initiatives
13.2.5 Regulations
13.2.6 Regulatory Bodies
13.2.7 Major Associations
13.2.8 Taxes Levied
13.2.9 Corporate Tax Structure
13.2.10 Investments
13.2.11 Major companies
13.3 Eastern Europe IVF Services Market, Segmentation By Cycle Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
13.4 Eastern Europe IVF Services Market, Segmentation By Service Provider, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
13.5 Russia Market
13.6 Russia IVF Services Market, Segmentation By Cycle Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
13.7 Russia IVF Services Market, Segmentation By Service Provider, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
14 North America Market
14.1 Summary
14.2 Market Overview
14.2.1 Region Information
14.2.2 Market Information
14.2.3 Background Information
14.2.4 Government Initiatives
14.2.5 Regulations
14.2.6 Regulatory Bodies
14.2.7 Major Associations
14.2.8 Taxes Levied
14.2.9 Corporate Tax Structure
14.2.10 Investments
14.2.11 Major Companies
14.3 North America IVF Services Market, Segmentation By Cycle Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
14.4 North America IVF Services Market, Segmentation By Service Provider, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
14.5 North America IVF Services Market: Country Analysis
14.6 USA Market
14.7 Summary
14.8 Market Overview
14.8.1 Country Information
14.8.2 Market Information
14.8.3 Background Information
14.8.4 Government Initiatives
14.8.5 Regulations
14.8.6 Regulatory Bodies
14.8.7 Major Associations
14.8.8 Taxes Levied
14.8.9 Corporate Tax Structure
14.8.10 Investments
14.8.11 Major Companies
14.9 USA IVF Services Market, Segmentation By Cycle Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
14.10 USA IVF Services Market, Segmentation By Service Provider, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
14.11 Canada Market
14.12 Summary
14.13 Market Overview
14.13.1 Country Information
14.13.2 Market Information
14.13.3 Background Information
14.13.4 Government Initiatives
14.13.5 Regulations
14.13.6 Regulatory Bodies
14.13.7 Major Associations
14.13.8 Taxes Levied
14.13.9 Corporate Tax Structure
14.13.10 Investments
14.13.11 Major Companies
14.14 Canada IVF Services Market, Segmentation By Cycle Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
14.15 Canada IVF Services Market, Segmentation By Service Provider, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
15 South America Market
15.1 Summary
15.2 Market Overview
15.2.1 Region Information
15.2.2 Market Information
15.2.3 Background Information
15.2.4 Government Initiatives
15.2.5 Regulations
15.2.6 Regulatory Bodies
15.2.7 Major Associations
15.2.8 Taxes Levied
15.2.9 Corporate Tax Structure
15.2.10 Investments
15.2.11 Major Companies
15.3 South America IVF Services Market, Segmentation By Cycle Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
15.4 South America IVF Services Market, Segmentation By Service Provider, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
15.5 Brazil Market
15.6 Brazil IVF Services Market, Segmentation By Cycle Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
15.7 Brazil IVF Services Market, Segmentation By Service Provider, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
16 Middle East Market
16.1 Summary
16.2 Market Overview
16.2.1 Region Information
16.2.2 Market Information
16.2.3 Background Information
16.2.4 Government Initiatives
16.2.5 Regulations
16.2.6 Regulatory Bodies
16.2.7 Major Associations
16.2.8 Taxes Levied
16.2.9 Corporate Tax Structure
16.2.10 Investments
16.2.11 Major Companies
16.3 Middle East IVF Services Market, Segmentation By Cycle Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
16.4 Middle East IVF Services Market, Segmentation By Service Provider, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
17 Africa Market
17.1 Summary
17.2 Market Overview
17.2.1 Region Information
17.2.2 Market Information
17.2.3 Background Information
17.2.4 Government Initiatives
17.2.5 Regulations
17.2.6 Regulatory Bodies
17.2.7 Major Associations
17.2.8 Taxes Levied
17.2.9 Corporate Tax Structure
17.2.10 Investments
17.2.11 Major Companies
17.3 Africa IVF Services Market, Segmentation By Cycle Type, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
17.4 Africa IVF Services Market, Segmentation By Service Provider, Historic And Forecast, 2019 - 2024, 2029F, 2034F, Value ($ Million)
18 Competitive Landscape And Company Profiles
18.1 Company Profiles
18.2 IVIRMA Global
18.2.1 Company Overview
18.2.2 Products And Services
18.2.3 Business Strategy
18.2.4 Financial Overview
18.3 Monash IVF Group
18.3.1 Company Overview
18.3.2 Products And Services
18.3.3 Business Strategy
18.3.4 Financial Overview
18.4 Thomson Medical Group Ltd.
18.4.1 Company Overview
18.4.2 Products And Services
18.4.3 Business Strategy
18.4.4 Financial Overview
18.5 Virtus Health Ltd.
18.5.1 Company Overview
18.5.2 Products And Services
18.5.3 Financial Overview
18.6 Max Healthcare Institute Limited.
18.6.1 Company Overview
18.6.2 Products And Services
18.6.3 Financial Overview
19 Other Major And Innovative Companies
19.1 San Diego Fertility Center Inc.
19.1.1 Company Overview
19.1.2 Products And Services
19.2 Vitrolife AB.
19.2.1 Company Overview
19.2.2 Products And Services
19.3 Indira IVF Hospital Ltd.
19.3.1 Company Overview
19.3.2 Products And Services
19.4 Genea Limited
19.4.1 Company Overview
19.4.2 Products And Services
19.5 Progyny Inc.
19.5.1 Company Overview
19.5.2 Products And Services
19.6 CARE Fertility Solutions Private Limited
19.6.1 Company Overview
19.6.2 Products And Services
19.7 Prelude Fertility Inc.
19.7.1 Company Overview
19.7.2 Products And Services
19.8 SAFE Fertility Group
19.8.1 Company Overview
19.8.2 Products And Services
19.9 Boston IVF
19.9.1 Company Overview
19.9.2 Products And Services
19.10 Newlife Fertility Centre
19.10.1 Company Overview
19.10.2 Products And Services
19.11 Istanbul Cerrahi Hospital IVF Center
19.11.1 Company Overview
19.11.2 Products And Services
19.12 IVF Spain
19.12.1 Company Overview
19.12.2 Products And Services
19.13 Bloom IVF Group
19.13.1 Company Overview
19.13.2 Products And Services
19.14 Cloudnine Fertility
19.14.1 Company Overview
19.14.2 Products And Services
19.15 Barbados Fertility Centre
19.15.1 Company Overview
19.15.2 Products And Services
20 Competitive Benchmarking
21 Competitive Dashboard
22 Key Mergers And Acquisitions
22.1 IVI RMA's Acquisition Of Eugin Group's North American Operations Expands Fertility Services Network
22.2 Birla Fertility & IVF Expands Reach With Acquisition Of 12 Babyscience IVF Clinics
22.3 Birla Fertility & IVF Acquires Majority Stake In ARMC IVF Fertility Centre To Expand South Indian Presence
22.4 Strategic Expansion Enhances IVF Services Through Fertility Centers Of New England's Acquisition Of Fertility Solutions
22.5 Indira IVF Acquisition Strengthens Leadership in Fertility Services Market
22.6 Nova IVF Fertility Expands National Footprint Through Acquisition of WINGS IVF
23 Recent Developments In The IVF Services Market
23.1 Breakthrough in IVF with Stem Cell Based Ovarian Support Cell (OSC) Technology
23.2 AI-Based System For Enhancing IVF Success Rates Developed By Weill Cornell Medicine
23.3 Alife Health Partners With Inception Fertility To Enhance IVF Outcomes With AI Technology
24 Opportunities And Strategies
24.1 Global IVF Services Market In 2029 - Countries Offering Most New Opportunities
24.2 Global IVF Services Market In 2029 - Segments Offering Most New Opportunities
24.3 Global IVF Services Market In 2029 - Growth Strategies
24.3.1 Market Trend Based Strategies
24.3.2 Competitor Strategies
25 IVF Services Market, Conclusions And Recommendations