Baby on board: Technological advances have increased success rates, boosting demand

According to the Fertility Society of Australia, one in six Australian couples suffers from infertility. The Fertility Clinics industry assists patients who are either having difficulty or are unable to conceive naturally. The industry includes numerous treatment options, the most popular of which is in-vitro fertilisation (IVF) cycles. Several factors have increased demand for infertility treatments and procedures, particularly from women who are having 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 industry treatments more affordable. Industry revenue is expected to increase by an annualised 1.0%...read more.

Industry Statistics & Market Size
Revenue
$560m
Annual Growth 13-18
1.0%
Forecast Growth 18-23
x.x%lock
Profit
x.x%lock
Employment
3,091
Businesses
34
Market Share of Companies

Industry Threats & Opportunities

  • An increasing maternal age and government subsidies have underpinned revenue growth
  • Scientific developments have improved the success rates of various treatments
  • Advances in diagnostic technologies and specialist treatments will likely improve success rates

    • shopping_cartPURCHASE OPTIONS Whats in this report faqs Download Sample
    IBISWorld client - ADP Watch Testimonial
    ... DigiCert Seal

    Industry Report - Industry SWOT Analysis Chapter

    The Fertility Clinics industry is in the growth phase of its life cycle, characterised by rising participation, demand and technology. In the 10 years through 2022-23, industry value added is expected to increase by an annualised 4.6%, compared with real GDP growth of 2.6% over the same period. This trend suggests that the industry's contribution to the economy is growing faster than the economy, indicating an industry in the growth life cycle stage.Demand for fertility and assisted reproductive services has grown dramatically over the past decade, driven by social, demographic and economic factors that have made diagnosis and treatment more affordable and socially acceptable. Fur...purchase to read more.

    Additional Insights for the Fertility Clinics Industry

    IBISWorld has determined the most important Key Success Factors for the Fertility Clinics are:

  • Having contacts within key markets
  • Having a good reputation
  • Having a good technical knowledge of the product

    • IBISWorld analysts also discuss how external factors such as Female population aged 35 and older and Federal funding for Medicare in the Fertility Clinics industry impact industry performance..

    shopping_cartPURCHASE OPTIONS

    Look under the hood?

    Download a FREE sample report

    Download Sample

    Top 500 Companies List
    has been released

    Click here for more

    What's in this report

    Industry Products

    What is the Fertility Clinics Industry?

    Medical facilities in the industry offer treatments to aid individuals in conceiving children. These facilities offer diagnosis, medications, intrauterine insemination and other assisted reproductive technology (ART) methods. This includes core ART treatments such as in-vitro fertilisation (IVF) cycles and frozen embryo transfers, in addition to associated ancillary health services such as specialised diagnostic and genetic testing, ultrasounds and related day hospital procedures.

    Industry Products
  • In-vitro fertilisation
  • Frozen embryo transfer
  • Intrauterine insemination
  • Intracytoplasmic sperm injection
    • Industry Activities
  • Intracytoplasmic sperm injection
  • Intrauterine insemination and donor insemination
  • In-vitro fertilisation (IVF) cycles
  • Frozen embryo transfer
  • Other fertility treatments
  • Specialised diagnostic testing including pre-implantation genetic diagnosis
  • Ancillary services including patient procedures in day hospitals
    • Table of Contents

    About this Industry

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources

    Industry at a Glance

    Industry Statistics Snapshot
    Industry Structure
    Executive Summary

    Industry Performance

    Executive Summary
    Key External Drivers
  • Female population aged 35 and older
  • Federal funding for Medicare
  • Private health insurance membership
  • Levels of obesity
  • Private research and development expenditure

    • Current Performance
  • Growing accessibility and acceptance
  • Funding changes and external competition
  • Chart: Revenue Growth

    • Industry Outlook
  • Continued growth
  • Ongoing consolidation
  • Table: Fertility Clinics Industry Revenue Outlook

    • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Fertility Clinics Industry Lifecycle vs The Economy

    • Products & Markets

    Supply Chains
    Key Buying Industries
  • Health Insurance
  • General Hospitals
  • Psychiatric Hospitals
  • General Practice Medical Services

    • Key Selling Industries
  • General Hospitals
  • Medical and Scientific Equipment Wholesaling
  • Pharmaceutical Product Manufacturing
  • Pharmaceuticals Wholesaling

    • Products & Services
  • Intracytoplasmic sperm injection
  • In-vitro fertilisation
  • Frozen embryo transfer
  • Intrauterine insemination
  • Chart: Fertility Clinics Industry Products and Services Segmentation

    • Demand Determinants
    Major Markets
  • Females aged 35 to 44
  • Females aged under 35
  • Females aged over 45
  • Chart: Major Market Segmentation for the Fertility Clinics Industry

    • International Trade
    Business Locations
    Chart: Business Locations by State

    Competitive Landscape

    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Fertility Clinics

    • Basis of Competition
  • Internal competition
  • External competition

    • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Fertility Clinics Industry

    • Industry Globalization

    Major Companies

    Virtus Health Limited, Monash IVF Group Limited, Genea Limited,
  • Table: Virtus Health Limited - financial performance
  • Table: Monash IVF Group Limited - financial performance
  • Table: Genea Limited - financial performance

    • Operating Conditions

    Capital Intensity
  • Chart: Level of Capital Intensity for the Fertility Clinics Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

    • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

    • Regulation & Policy
    Industry Assistance

    Key Statistics

    Table: Industry Data for the Fertility Clinics Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)

    • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data

    Jargon & Glossary

    Art
  • Stands for assisted reproductive treatment and involves a group of procedures that involve the in vitro handling of human oocytes and sperm or embryos for the purposes of establishing a pregnancy.
    • Cytogenetics
  • A branch of genetics that is concerned with the study of the structure and function of the cell (especially the chromosomes).
    • Frozen Embryo Transfer (Fet)
  • This is a cycle using a frozen embryo from a previous fresh IVF cycle where the egg is thawed and transferred back into the uterus.
    • Intra-Uterine Insemination (Iui)
  • A process by which a semen sample from the male partner is prepared and passed through the woman's cervix and into the uterus.
    • Ivf
  • Stands for in-vitro fertilisation, a process by which an egg is fertilised by sperm outside the body.
    • Ovulation Induction
  • A process whereby medication is used to induce or enhance ovulation. The medications used can be injectable or in tablet form.
    • What Our Customers Say
    Why buy this report?

    IBISWorld’s Fertility Clinics market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Fertility Clinics:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Fertility Clinics market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Fertility Clinics, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Join IBISWorld today

    Become a Member shopping_cartPURCHASE OPTIONS

    Contact Us

    Want to speak to a representative? Call us.

    phone +61 3 9655 3800    OR     Enquire Here
    clear