IVF, also known as in-vitro fertilization, is a well-established assisted reproductive technology that has aided countless couples in overcoming infertility and achieving parenthood. This technique involves the fertilization of an egg with sperm in a laboratory setting and then transferring the resulting embryo into the woman’s uterus. Since the first successful IVF birth in 1978, the technology has evolved significantly and is now a commonly used procedure for those experiencing infertility.
According to the Assisted Reproductive Technology – National Summary Report 2015, nearly 1 million babies were born in the US through various forms of ART, including IVF, between 1987 and 2015.
The IVF sector has seen significant growth in recent years, thanks to several key factors such as an increase in infertility rates, government support, and advancements in technology. This report provides a comprehensive analysis of the market, including an overview, major developments driving growth, COVID-19 impact on the sector, as well as challenges and opportunities.
