Ultra Market Research | Canada In Vitro Fertilization (IVF) Service Market
Canada In Vitro Fertilization (IVF) Service Market
Report ID : 959
Category : Canada
No Of Pages : 110
Published on: January 2025
Status: Published
Format :
Key Question Answer
Global Market Outlook
In-depth analysis of global and regional trends
Analyze and identify the major players in the market, their market share, key developments, etc.
To understand the capability of the major players based on products offered, financials, and strategies.
Identify disrupting products, companies, and trends.
To identify opportunities in the market.
Analyze the regional penetration of players, products, and services in the market.
Comparison of major players financial performance.
Evaluate strategies adopted by major players.
Recommendations
Canada In Vitro Fertilization (IVF) Service Market
Introduction
The Canada In Vitro Fertilization (IVF) Service Market is an important segment of the healthcare industry that deals with assisted reproductive technologies (ART) to assist individuals and couples in conceiving. IVF is a procedure where an egg is fertilized with sperm outside the body, and then it is implanted into the uterus. Applications include treating infertility issues, fertility preservation for cancer patients, and enabling parenthood for same-sex couples. Recent trends show increased demand due to rising infertility rates, delayed parenthood, and technological advancements like time-lapse embryo monitoring. In 2024, the market is estimated to be valued at USD 500 million and is projected to grow at a compound annual growth rate (CAGR) of 7.5% over the next five years. This growth is driven by increased awareness and government initiatives to make fertility treatments more accessible.
Segmentation
Technology
Conventional IVF
Fresh Embryo Transfer
Blastocyst Transfer
Day-3 Transfer
Others
Frozen Embryo Transfer
Vitrification Technology
Cryopreservation Protocols
ICSI (Intracytoplasmic Sperm Injection)
Sperm Selection Techniques
Assisted Hatching
End-User
Hospitals
Public Hospitals
Private Hospitals
Fertility Clinics
Standalone Clinics
Chain Clinics
Research Institutes
Academic Institutions
Private Research Facilities
Service Type
Fertility Assessment Services
Hormonal Evaluation
Ovarian Reserve Testing
Others
Treatment Services
IVF Cycles
Egg/Sperm Donation
Consultation Services
Genetic Counseling
Emotional Support
Patient Type
Male Infertility
Low Sperm Count
Structural Abnormalities
Female Infertility
Ovarian Dysfunction
Tubal Blockage
List of Market Players
CReATe Fertility Centre (Canada)
Toronto Centre for Advanced Reproductive Technology (Canada)
Anova Fertility & Reproductive Health (Canada)
Mount Sinai Fertility (Canada)
Olive Fertility Centre (Canada)
PCRM Fertility Clinic (Canada)
Trio Fertility (Canada)
Repromed Ltd. (Canada)
Victoria Fertility Centre (Canada)
McGill Reproductive Centre (Canada)
Procrea Fertility (Canada)
London Health Sciences Centre (Canada)
Medcan Fertility (Canada)
Orchard International Inc. (Canada)
Fertilys (Canada)
Drivers
The Canada In Vitro Fertilization (IVF) Service Market is growing rapidly, mainly because of the rising rates of infertility due to lifestyle factors, late marriages, and environmental issues. Improved embryo freezing methods and genetic testing further increase the success rate of IVF, making it a popular choice. Government policies, such as partial funding in some provinces, also make the treatment more affordable and accessible. There are also rising awareness campaigns and support for LGBTQ+ couples. In addition, the number of single parents who are choosing IVF is on the rise, which reflects changing societal norms.
Restraints
Despite the promising growth, the market is challenged by the high cost of treatment, limited insurance coverage, and unequal access across Canada. Many rural areas lack specialized fertility clinics, thus creating geographic disparities in service availability. Ethical concerns over embryo manipulation and cultural stigmas around infertility treatments also discourage adoption. The physical and emotional toll of IVF procedures, combined with inconsistent success rates, can discourage potential patients from pursuing treatment.
Opportunity
Innovations such as AI-driven embryo selection, personalized IVF treatments, and minimally invasive techniques will open up new opportunities in the market. Expanding telemedicine services can bridge the urban-rural divide, providing consultations to remote areas. Cross-border medical tourism targeting patients from the U.S. seeking affordable and high-quality services is another growth avenue. Collaborations between fertility centers and pharmaceutical companies for research and development of advanced fertility drugs can further enhance market potential. Government support for subsidized treatments also opens doors for underserved demographics.
Trend
The latest trend in the Canada In Vitro Fertilization (IVF) Service Market is integrating digital tools such as wearable devices and mobile applications to monitor and optimize fertility treatments. AI and machine learning revolutionize embryo selection and improve predictive analytics for treatment outcomes. Social egg freezing is a growing trend as more and more career-driven people delay starting their families. In addition, eco-friendly practices in IVF centers, such as sustainable lab operations, are emerging as a focus area. Collaboration with genetic research initiatives enables tailored fertility solutions, which is in line with personalized medicine.
Approved Products and Pipeline
Gonal-f (Follitropin alfa)
Puregon (Follitropin beta)
Menopur (Menotropins)
Cetrotide (Cetrorelix)
Orgalutran (Ganirelix)
Ovidrel (Choriogonadotropin alfa)
Bemfola (Follitropin alfa biosimilar)
Rekovelle (Follitropin delta)
Key Target Audience
Fertility Clinics
Hospitals
Pharmaceutical Companies
Research Institutes
Policy Makers
Healthcare Providers
Patients and Caregivers
Medical Device Manufacturers
Investors
Frequently Aasked Questions (FAQ's)
It encompasses services and technologies facilitating assisted reproduction, such as IVF treatments and fertility assessments.
Rising infertility rates, technological advancements, and supportive government policies.
High costs, limited access, and ethical concerns.
Key players include CReATe Fertility Centre, Mount Sinai Fertility, and Olive Fertility Centre.
Adoption of AI, digital tools, social egg freezing, and eco-friendly practices in fertility centers.
1. Introduction
1.1 Report Description 1.2 Research Methodology 1.2.1 Data Mining 1.2.2 Market Modeling and Forecasting 1.2.3 Data Validation 1.2.4 Industry Analysis
2. Market Dashboard
3. Market Overview
3.1 Market Definition and Scope 3.2 Market Segmentation 3.2.1 By Treatment Types
5. Canada IVF Service Market by Patient Demographics
5.1 Introduction 5.2 Market Size and Growth Rate by Patient Demographics (2024–2030) 5.2.1 Female Patients 5.2.2 Male Patients
6. Canada IVF Service Market by Distribution Channels
6.1 Introduction 6.2 Market Size and Growth Rate by Distribution Channels (2024–2030) 6.2.1 Fertility Clinics 6.2.2 Hospitals 6.2.3 Online Consultation Platforms
7. Canada IVF Service Market by Therapeutic Applications
7.1 Introduction 7.2 Market Size and Growth Rate by Therapeutic Applications (2024–2030) 7.2.1 Infertility Treatment 7.2.2 Preservation and Research
8. Competitive Landscape
8.1 Company Profiles 8.1.1 Canadian Fertility and Andrology Society (CFAS)
Business Overview
Service Portfolio
Strategic Developments
Financial Overview
8.1.2 Repromed (Canada)
Business Overview
Service Portfolio
Strategic Developments
Financial Overview
8.1.3 The Toronto Centre for Advanced Reproductive Technology (TCART)
Business Overview
Service Portfolio
Strategic Developments
Financial Overview
8.1.4 Ovo Fertility (Canada)
Business Overview
Service Portfolio
Strategic Developments
Financial Overview
8.1.5 Newlife Fertility Centre (Canada)
Business Overview
Service Portfolio
Strategic Developments
Financial Overview
8.1.6 Mount Sinai Fertility (Canada)
Business Overview
Service Portfolio
Strategic Developments
Financial Overview
8.1.7 Create Fertility Centre (Canada)
Business Overview
Service Portfolio
Strategic Developments
Financial Overview
9. Conclusion and Recommendations
10. Appendix
Table and Figures List
Market Size and Growth Projections (Table 1)
Technological Segmentation Analysis (Figure 1)
End-User Distribution (Table 2)
Competitive Landscape (Figure 2)
Research Methodology
The process of market research at Ultra Market Research is an iterative in application and usually follows following path. Information from secondary used to build data models, then results from data models are validated from primary participants. Then cycle repeats where, according to inputs from primary participants, additional secondary research is done, and new Information is again incorporated into data model. The process continues till desired level of Information is not generated
To calculate the market size, the report considers the revenue generated from the sales of Ultra Market Research providers. The revenue generated from the sales of Ultra Market Research has been calculated through primary and secondary research. The report also presents the key players operating in the Ultra Market Research market across the globe identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes distribution channel segmentation determined using secondary sources and verified through primary sources.
Secondary Research
The secondary research source that are typically referred to include, but are not limited to:
Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
Internal and external proprietary databases, relevant patent and regulatory databases
National government documents, statistical databases and market reports
News articles, press releases and web-casts specific to the companies operating in the market
The source for secondary research includes but is not limited to: Factiva, Hoovers and Statista
Inner Circle Represents – Stage of Research Process
Middle Circle Represents – Source of Information
Outer Circle Represents – Information Derived from that source
Primary Research We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills the following functions:
It provides first-hand Information on the market size, market trends, growth trends, competitive landscape, future outlook etc.
Helps in validating and strengthening the secondary research findings
Further develops the analysis team’s expertise and market understanding
Primary research involves E-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies
The participants who typically take part in such a process include, but are not limited to:
Industry participants: CEOs, VPs, marketing/ distribution channel managers, market intelligence managers and national sales managers
Purchasing managers, technical personnel, distributors and resellers
Outside experts: Investment bankers, valuation experts, research analysts specializing in specific markets
Key opinion leaders specializing in different areas corresponding to different industry distribution channels
Models Where no hard data is available, we use modeling and estimates in order to produce comprehensive data sets. A rigorous methodology is adopted in which the available hard data is cross referenced with the following data distribution channels to produce estimates:
Demographic data: Population split by segment
Macro-economic indicators: GDP, etc.
Industry indicators: Expenditure, distribution channel stage & infrastructure, sector growth and facilities.
Data is then cross checked by the expert panel.
2..1 Company Share Analysis Model
Company share analysis is used to derive the size of United Kingdom market. As well as study of revenues of companies for last three to five years also provide the base for forecasting the market size and its growth rate. This model is built in following steps: 2..2 Revenue Based Modeling
Revenue based models can be built in two ways – Top-Down or Bottom-Up irrespective of industry. Market size estimated from company share analysis acts as a validation point for bottom-up approach where as it acts as starting point for top-down approach.
2.1 Research Limitations Inflation is not a part of pricing in this report. Prices of Canada In Vitro Fertilization (IVF) Service Market and its derivatives vary in each region and hence similar revenue ratio does not follow for each individual region. The same price for each distribution channel has been taken into account while estimating and forecasting market revenue Globally. Regional average price has been considered while breaking down this market by application in each region. This report provides market size of Canada In Vitro Fertilization (IVF) Service Market for the past year and forecasts for the next six years. Canada In Vitro Fertilization (IVF) Service Market size is given in terms of revenue. Market revenue is defined in USD Million. Market numbers are given on the basis of different Canada In Vitro Fertilization (IVF) Service Market categories. Market size and forecasts for each major application is provided in the context of Global market. The numbers provided in this report are derived on the basis of demand for Canada In Vitro Fertilization (IVF) Service Market from different application industries in different regions.
