Global IVF Devices and Consumables Market Expected to Reach $30,964 Million, by 2023 - Allied Market Research
Global IVF Devices and Consumables Market was valued at $1,506 million in 2016, and is estimated to reach at $4,972 million by 2023, registering a CAGR of 18.3% from 2017 to 2023. In-vitro fertilization (IVF) can be defined as a complex series of procedures utilized to treat genetic and fertility issues and assist with conception. It is the most efficient assisted reproductive technology (ART), helping couples or single parents around the world. IVF procedure is performed in a clinical laboratory where the matured egg (self-egg or donor’s egg) is fertilized with the sperm (self-sperm or donor’s sperm). The fertilized egg or embryo is then implanted into the uterus. Though IVF does not always give successful results and its success rate varies from individual to individual, it has emerged as a preferable choice for fertility treatments in the clinical industry Surge in prevalence of delayed pregnancies and growth in infertility rates drive the market. In addition, availability of latest medical technologies in IVF devices throughout the world, is expected to fuel the market growth. Download Free Sample Report:https://goo.gl/3jH5XP
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