Big Market Research : World In-vitro Fertilization (IVF) Market - Size, Share, Trends, Demand, Report, Opportunities and Forecast 2021
To Get More Details @ http://www.bigmarketresearch.com/IVF-in-vitro-fertilization-service-market
The global IVF market is expected to reach $11.3 billion by 2021, at a CAGR of 7.0% from 2015 to 2021. Reduction in conception rates mainly in women aged 40 years or above, delayed pregnancy in women suffering from gynecological conditions, changing lifestyle and fertility disorders are the major factors that drive the market growth. Other factors responsible for the market growth are favorable reimbursement scenario and the delayed parenthood opted by couples due to professional and financial constraints. On the other hand, ethical concerns in particular countries, high cost of the IVF procedures and low awareness, especially in under-developed economies such as Nigeria are likely to restrain the market growth.