(PharmaNewsWire.Com, February 06, 2024 ) As per Maximize Market research, China's Fertility Clinics Market was USD 8 Billion in 2023 and is expected to grow at a CAGR of 4.5 percent over the forecast period to reach USD 10.89 Billion by 2030.
China Fertility Clinics Market Report Scope and Research Methodology
The scope includes insights into regulatory aspects and technological trends shaping the market. The China Fertility Clinics Market Report provides a comprehensive analysis of the industry, emphasizing market size, treatment modalities, and key players. Employing thorough primary and secondary research, the methodology ensures robust data collection and analysis.
Birthrates in China are declining, partly due to factors such as changing societal norms, career pressures, and economic considerations. A decrease in the number of couples seeking these services is slowing China's Fertility clinic market growth. The record of births per 1,000 people is 6.4, resulting in the country's first population decline in the year 2022.
China Fertility Clinics Market Segment Analysis
Based on Procedure, the IVF Segment dominated the China Fertility Clinics Market in the year 2023. The IVF Segment in China's fertility clinic market presents exciting opportunities for various segments within the industry. With a focus on In Vitro Fertilization (IVF), it is experiencing substantial growth despite the country's declining birth rate.
Maximize Market Research is leading Medical Devices research firm, has also published the following reports:
US Fertility Clinics Market- The market size is expected to reach USD 21 Bn. by 2030 at a CAGR of 13.6 percent during the forecast period.
UK Fertility Clinic Market- The Market size is expected to reach USD 1100 Mn. by 2030 at a CAGR of 9.04 percent during the forecast period.
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