Here, you will find the latest and well-researched IVF industry predictions expected to see in 2021 and beyond.

Let’s take a look:

#IVF Market Size to Reach $37.7 Billion By 2027

According to a report released by Grand View Research, the international in-vitro fertilization market will reach USD 37.7 billion by 2027. The industry is largely driven by growing infertility due to lifestyle changes, continuous industry efforts, and the government’s better reimbursement policies. In addition, genomic testing helps prevent the transfer of genetic diseases during IVF, making it a preferred choice among would-be parents. Increasing IVF solutions or treatments lead to more insurance players covering the procedure.

# More Investors Pouring Money into Fertility Sector

Today, the fertility sector is not just about older women who are trying to conceive a baby for decades. It is also about convincing younger women to start thinking about their fertility. It is about making women in their 20s to pay for fertility tests and services, such as egg freezing to avoid future problems.

In 2017, PitchBook revealed over $178 million into fertility startups developing various fertility products.

Foreseeing a profitable market, many private equity firms are investing their capital into building fertility clinics. Some of these investors spend on advertising IVF solutions to address younger women who are not trying to get pregnant.

Moreover, to make the clinical task easier, IVF software like Medicasoft provides the easiest, secure, and fully customizable solutions with its robust IT design. IVF professionals are benefited from the user-friendly interface as they can now carry their professional daily tasks in a more streamlined manner. From storing patient’s general identification details, to diagnostics listings, customizable reports, tests and procedures performed in IVF, the IVF software can become a central information facility with just a few clicks.

# People might delay IVF Solutions due to Pandemic

The American Society for Reproductive Medicine recommends women undergoing IVF solutions or any other fertility treatments to postpone it due to novel coronavirus.

Women who are already in the middle of the IVF treatment can continue with it. Similarly, those who are in the middle of treatments like egg freezing can also continue with the same. Though many couples are seeing these guidelines as controversial, many are supporting these recommendations of the authority for the sake of wellness of their would-be baby.

Many fertility clinics are also following these guidelines and helping their clients understand the exact motive behind them.