In Vitro Fertilization Market 2030: Clinics Lead the Growth Surge
The global in vitro fertilization (IVF) market size was valued at USD 25.3 billion in 2023 and is projected to reach USD 37.4 billion by 2030, expanding at a CAGR of 5.54% from 2024 to 2030. Market growth is primarily driven by rising reproductive tourism and an increasing prevalence of male and female infertility worldwide. Infertility remains a major global health issue. According to the WHO, around 17.5% of the adult population is affected by infertility, underscoring the need for greater access to high-quality and affordable fertility care. As noted by the American Pregnancy Association, male infertility accounts for 30% of all infertility cases, representing roughly one-fifth of infertility instances in the U.S. Additionally, lifestyle changes, career priorities, and a rising average age of marriage and childbirth have increased the number of women seeking IVF treatment. Many women are opting for egg freezing to delay childbearing, further supporting the demand for fertility ser...