U.S. Fertility Clinics & Infertility Services: An Industry Analysis

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This analysis examines the $6 billion Infertility Services/Fertility Clinics Industry. This loosely regulated “baby business” grew strongly from 2014 to 2019, boosted both by demand domestically and via medical tourism patients from Europe and China. However, due to the Coronavirus, the industry will be hit hard in 2020, as many clinics shut down for two months and foreign patients are not coming to the U.S. any longer.
ART (assisted reproductive technology) now produces more than 50,000 babies per year in the U.S. via 330,000 IVF procedures, and demand is growing from the ranks of 7+ million infertile women, many of which delayed childbearing due to careers. There are about 450 U.S. fertility clinics, 100+ sperm banks, an unknown number of egg donors, and 1,700 reproductive endocrinologists competing for the business, which is lucrative. In addition, the U.S. market for fertility drugs is worth about $749 million. Only two large “chains”, IntegraMed and Prelude Fertility exist, as most programs are run by small MD practices or are part of a hospital or University. The market is fragmented, served by mostly small regional clinics..
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U.S. Fertility Clinics & Infertility Services Industry
This 4th edition study examines the nature/evolution of the business, national receipts/growth from 1988 to 2019, 2020 forecast, 2025 forecast, infertile customer demographics, key industry trends, industry regulation, pricing, industry consolidation, insurance coverage, ethical issues, and more. Contains results of the latest (2015-2018) CDC ART survey national data, with IVF success rates and long-term trends, as well as European ART cycles and outlook. The report also examines the nature/size of the U.S. sperm banks, egg donors, and fertility drugs markets, and surrogacy programs.
Competitor Profiles for: Cryos International, California Cryobank, Resolve, Allan Guttmacher Institute, Genetics and IVF Institute, IntegraMed America, Prelude Fertility.
This study is believed to be one of the few in-depth publicly available business analyses that exists of this market. It’s ALL here in one place.
Introduction
* Report Scope & Methodology, Sources used 1-3
Executive Overview of Major Findings 4-23
* Key facts about infertility, analysis of fertility treatment services industry: nature & components of the field, key growth drivers, no. of ART clinics, ethical issues, major industry trends (effect of 2020 recession and Covid-19 crisis, untapped potential, room for consolidation, better success rates, hot egg donor market, private equity investment, new technology), treatment methods (diagnostic, therapeutic approaches, no. of procedures performed per year and cost), infertile customer demographics, industry $ size/growth/segments (1988-2019, 2020 & 2025 Forecast - $ value of mkt segments (MD consults, semen & hormone analyses, tubal reversals, ART and GIFT procedures, fertility drugs mkt., sperm banks, egg donor mkts.), no. of clinics and ART cycles, discussion of rationale for future growth, importance of Chinese patients, ranking of top fertility clinics by ART cycles and estd. revenues in 2017, customer demographics.
Nature & Structure of the Industry 24-41
* Definition of market segments (IVF ART clinics, sperm banks, egg donors, fertility drugs, surrogacy programs, surgeries)
* Industry evolution – when clinics first appeared
* Market demand and potential: Number and percent of women of childbearing age infertile, increase in IVF procedures from 1987-2019, reasons for growth, past estimates of industry size
* Number of IVF clinics by: hospital-based vs. independents
* Insurance coverage: typical fees and client affordability, state mandated coverage, financing
* Causes of infertility: discussion of main reasons for infertility in men and women, treatment methods (HSG procedures, lap and dye procedures – description, cost, estimated number of procedures). Tubal reversal surgeries (description of, success rates, costs, percent of women having procedure, estimated number of surgeries).
* IVF procedures: discussion of procedure, cost. GIFT procedures: discussion of procedure, cost, number of procedures.
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