Industry Analysis & Industry Trends
One in six Australian couples suffers from infertility. The Fertility Clinics industry assists patients who are unable to conceive naturally. There are a number of treatment options included in the industry, the most popular of which is in-vitro fertilisation (IVF) cycles. Over five years through 2015-16, the number of completed IVF cycles in Australia is expected to grow by an annualised 3.6%, to reach 43,400 cycles. Several factors have led to the increasing demand for infertility treatments and procedures, particularly from women who are choosing to have children later in life. Australia is one of the few developed countries in the world that has substantial government funding for fertility treatments, which has made fertility treatment in Australia more affordable... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Fertility Clinics industry is defined by a high level of market share concentration, with the three largest operators alone accounting for over 80% of industry revenue in 2015-16. This reflects the dominance of Virtus Health, Monash IVF Group and Genea. In each key state there are two major providers with the three major providers combined accounting for over 70% of all assisted reproductive treatments.
There has been a trend towards increasing market concentration due to the amount of consolidation occurring as a result of mergers and acquisitions. However, establishment numbers are expected to increase over the next five years as companies continue expanding. The industry is in a growth life cycle phase because it is relatively young... purchase to read more