Industry Analysis & Industry Trends
About one in six Australian couples suffer infertility, which has made the Fertility Clinics industry one of the fastest growing industries in the health sector. The industry assists patients who are unable to conceive naturally through a variety of treatment options, the most common and popular of which is in-vitro fertilisation (IVF) cycles. Over the past five years, the number of completed IVF cycles in Australia has increased by 4.4% per annum to a forecast 40,000 cycles in 2012-13. A number of factors have led to the strong growth in demand for infertility treatments and procedures, particularly growth in women who are choosing to have children later in life. Further, growth in the infertility rate has contributed to increased incidences of infertile women seeking treatment... 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 together estimated to account for 71.7% of industry revenue in 2012-13.
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. Participation in industry services is increasing as people become more aware of the benefits of IVF. Over the next five years, the industry is forecast to expand further... purchase to read more