In the five years to 2016, revenue for the Fertility Clinics industry is expected to increase. The industry weathered the recession fairly well, and demand for industry services has grown on account of improving economic conditions, which raised disposable income levels and increasing the number of Americans that could afford infertility treatment. Over the past decade, infertility treatments have become more advanced and less risky, resulting in an increasing number of women, especially over the age of 40, seeking industry services. In the five years to 2013 (latest data available), the number of in vitro fertilization (IVF) procedures has increased. This trend is anticipated to continue, with infertility treatments continuing to evolve, encouraging more individuals and couples to seek industry services. Industry revenue is anticipated to continue grow in the five years to 2021. Declining unemployment and increasing corporate profit will ultimately boost per capita disposable income and the number of people with private health insurance, allowing more individuals to afford industry services.
This industry includes medical facilities that offer treatments to aid individuals in conceiving children. These facilities offer diagnosis, medications, intrauterine insemination, in vitro fertilization and other assisted reproductive technology methods.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.