Romania In Vitro Fertilization (IVF) Service Market Sample Report 2022 to 2030

salonishah296132 43 views 64 slides Aug 07, 2024
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About This Presentation

This report presents a strategic analysis of the Romania In Vitro Fertilisation (IVF) Service Market and a forecast for its development in the medium and long term. It provides a broad overview of the market dynamics, trends and insights, growth drivers and restraints, segmentation, competitive land...


Slide Content

Romania In Vitro
Fertilization (IVF) Service
Market Analysis
Sample Report
June 2024

This report presents a strategic analysis of the Romania In Vitro
Fertilization (IVF) Service Market and a forecast for its development
in the medium and long term. It provides a comprehensive overview of
the market value, dynamics, segmentation, main players, growth and
demand drivers, challenges & future outlook, etc. This is one of the
most comprehensive reports about the Romania In Vitro Fertilization
(IVF) Service Market, and offers unmatched value, accuracy, and
expert insights.

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A Sample Report on Romania In Vitro Fertilization (IVF) Service Market Analysis I
Confidential
Report Attribute Details
Number of Pages 70-80
Base Year for Estimation 2023
Forecast Period 2024-2030
Report Coverage
Market Overview, Size & Forecasting, Market Segmentation, Growth Factors and Trends, Competitive
Landscape, Key Company Profiles, Government Policies, Regulatory Landscape, Reimbursement
Scenario
Quantitative Units Revenue in USD Million/Billion (Mn/Bn)
Currency Conversion 1 Euro = 1.08 USD
Research Approach Secondary Research (90%), Primary Research (10%)
Report Scope

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A Sample Report on Romania In Vitro Fertilization (IVF) Service Market Analysis I
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CONTENT PG. NO.
1. Market Overview 7-14
1.1 In Vitro Fertilization (IVF) Service Overview
1.2 In Vitro Fertilization (IVF) Service Market Overview: Global
1.3 Economic Overview: Romania
1.4 In Vitro Fertilization (IVF) Service Market Overview: Romania
1.5 Healthcare Overview: Romania
1.6 Budget of Romania Government for Public Insurance
2. IVF Treatment Process 15-16
2.1 IVF Process
3. Market Size and Forecasting 17-23
3.1. Market size and forecasts (Excel and Methodology)
3.2. Snapshot of In Vitro Fertilization (IVF) Service Market Segmentation
3.2.1. By End User
Table of Content

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A Sample Report on Romania In Vitro Fertilization (IVF) Service Market Analysis I
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CONTENT PG. NO.
3.2.2. By Type of Procedure
3.2.3. By Cycle
3.2.4. By Medical Condition
4. Market Dynamics 24-29
4.1. Market Growth Drivers
4.2. Market Restraints
5. Competitive Landscape 30-37
5.1. Major Market Share
5.2 Key Players in Romania In Vitro Fertilization (IVF) Service Market Analysis
5.2.1. Regina Maria
5.2.2. Company-2
5.2.3. Company-3
5.2.4. Company-4
Table of Content

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A Sample Report on Romania In Vitro Fertilization (IVF) Service Market Analysis I
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CONTENT PG. NO.
5.2.5. Company-5
5.2.6. Company-6
5.2.7. Company-7
5.2.8. Company-8
5.2.9. Company-9
5.2.10. Company-10
6. Reimbursement Scenario
6.1. Regulatory Landscape in Romania 38-43
6.2. Reimbursement Scenario in Romania
6.3. Reimbursement Process
Table of Content

Romania In Vitro Fertilization (IVF) Service Market Analysis
1. Market Overview

▪IVF services provide assisted reproductive technology for individuals and couples facing
challenges with conception
▪These services are offered by specialized clinics and healthcare providers under regulatory
oversight to ensure safety and ethical standards. IVF aims to facilitate pregnancy by utilizing
advanced medical techniques, including fertilization outside the body (in vitro) and embryo
transfer
▪It encompasses comprehensive medical assessments, personalized treatment plans, and
ongoing support to address fertility issues and help individuals achieve their parenthood goals
Benefits of IVF treatment:
▪IVF increases the likelihood of having a healthy baby by enabling specialists to select embryos free from
chromosomal abnormalities for transfer
▪It significantly enhances the chances of conception, particularly beneficial for couples who have not succeeded with
other fertility treatments
▪Pre-implantation genetic screening (PGS) during IVF helps screen embryos for chromosomal disorders, reducing the
risk of passing on genetic abnormalities
▪IVF allows couples to use donor eggs or sperm, offering a solution for fertility challenges related to low egg reserve
or absence of viable eggs or sperm
▪IVF can decrease the likelihood of miscarriage by optimizing the selection of healthy eggs and sperm, thereby
improving the chances of producing a healthy embryo
1.1 In Vitro Fertilization (IVF) Service Overview

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A Sample Report on Romania In Vitro Fertilization (IVF) Service Market Analysis I
Confidential
▪Please be aware that this sample report is
intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the final
report
▪In this section you will get an understanding
of the topic, which includes the prevalence
of the disease, the application of medical
devices, new technology, and other details
related to the topic
▪In order to obtain access to all of the
information that you are seeking, you will
need to purchase the final report
▪Final report will be comprehensive and
detailed, and it will include data, analysis,
trends, and other relevant information
related to the topic or subject matter of
interest
$ 696 Mn
Global in vitro fertilization
service market size in 2022
8%-10%
Couples globally suffer from
infertility which is around 80
Mn couples worldwide
according to WHO
10-15%
Couples globally suffer from
secondary infertility that is
inability to have second
offspring
8.9%
CAGR at which global in vitro
fertilization service market
size is expected to grow from
2022-2030
17.5%
Lifetime prevalence of
infertility in low and middle
income countries
16.5%
Lifetime prevalence of
infertility in low and middle
income countries
Illustrative
1.2 In Vitro Fertilization (IVF) Service Market Overview: Global (1/2)

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Romania Market
~$xx Bn Market
Illustrative
1.2 In Vitro Fertilization (IVF) Service Market Overview: Global (2/2)

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2013201420152016201720182019202020212022 2016 2017 2018 2019 2020 2021 2022 2023
Population Split (2023)
0-14
15-64
65+
MaleFemale
By Age GroupBy Gender
Illustrative
1.3 Economic Overview: Romania
▪In this section you will get an understanding of the demographics
of the country/region, which includes the population, GDP,
healthcare expenditure and other details related to the topic
▪In order to obtain access to all of the information that you are
seeking, you will need to purchase the final report
▪Final report will be comprehensive and detailed, and it will
include data, analysis, trends, and other relevant information
related to the topic or subject matter of interest
Population of Romania, (2013-2022) GDP of Romania, (2016-2023)

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A Sample Report on Romania In Vitro Fertilization (IVF) Service Market Analysis I
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▪Romania is an aging country, as it’s median age is 41.3 years which is higher than the
global median age
▪Country's population’s global share is 0.25% and it is decreasing at a rate of 1.38%
▪Life expectancy of female is 78.6 years and for male it is 71.7 years
▪Currently 52.5% of population is urban in Romania
▪Top 3 largest cities in Romania is Bucharest, Sector 3 and Sector 6
Illustrative
1.4 In Vitro Fertilization (IVF) Service Market Overview: Romania
36.7%
Of infertility is due to
female factor infertility
18%
Of infertile women had male
factors as the cause of their
infertility
1.8
Is the fertility rate in
Romania as of 2021
1 in 4
Couples in Romania gets
affected by infertility
2015 2016 2017 2018 2019 2021 2022 2023
Domestic general government health expenditure (% of GDP) - Romania

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1.5 Healthcare Overview: Romania
Public Healthcare
▪Financing: The state finances primary, secondary, and
tertiary healthcare through a budget of approximately $2.6
Bn (1.7% of GDP)
▪Accessibility: Universal access to healthcare is
guaranteed by Article 34 in the Constitution of Romania,
with citizens entitled to cost-free medical procedures if
they present a health card and have paid insurance
▪Costs: Citizens are entitled to cost-free medical
procedures if they present a health card and have paid
insurance, but some costs may still be required
▪Services: The public healthcare system includes national
health insurance, covering almost all Romanian citizens,
and a growing network of private healthcare providers
▪Quality: Medical facilities in major urban areas are
generally well-equipped, but those in rural areas are sub-
standard, with patients often asked to buy basic supplies
▪Wait Times: Generally longer for non-urgent procedures
and specialist appointments
Private Healthcare
▪Financing: Private healthcare providers finance around
20% of the system through direct payments and insurance
▪Accessibility: Private healthcare providers offer
additional services and better quality, but with higher
costs, and citizens can access these services through
direct payments or insurance
▪Costs: Private healthcare providers charge higher costs
for services, which are financed through direct payments
and insurance
▪Services: Private healthcare providers offer additional
services and better quality, with a significant market share
of over 30% in 2022
▪Quality: Private healthcare providers offer better quality
services, with a significant presence in the market
▪Wait Times: Generally shorter for appointments and
elective procedures

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Proposed Budget By Category
Outlays 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2022-31
In Billions Of Dollars
Medicare
$769 $709 $766 $841 $840 $947 $1,014 $1,085 $1,227 $1,178 $1,325 $1,412 $10,633
As % Of GDP 3.7% 3.2% 3.3% 3.4% 3.3% 3.6% 3.7% 3.8% 4.1% 3.8% 4.1% 4.2% 3.7%
▪National Health Expenditures (NHE) grew 2.7% to $4.3 Tn in 2021, or $12,914 per person, and accounted for 18.3% of Gross Domestic Product (GDP)
▪Medicare spending grew 8.4% to $900.8 Bn in 2021, or 21% of total NHE
▪Private health insurance spending grew 5.8% to $1,211.4 Bn in 2021, or 28% of total NHE
▪Out of pocket spending grew 10.4% to $433.2 Bn in 2021, or 10% of total NHE
▪Other Third Party Payers and Programs and Public Health Activity spending declined 20.7% in 2021 to $596.6 Bn, or 14% of total NHE
▪Hospital expenditures grew 4.4% to $1,323.9 Bn in 2021, slower than the 6.2% growth in 2020
▪Physician and clinical services expenditures grew 5.6% to $864.6 Bn in 2021, slower growth than the 6.6% in 2020
▪Prescription drug spending increased 7.8% to $378.0 Bn in 2021, faster than the 3.7% growth in 2020
▪Largest shares of total health spending were sponsored by the federal government (34%) and the households (27%). The private business share of health spending
accounted for 17% of total health care spending, state and local governments accounted for 15%, and other private revenues accounted for 7%
Illustrative
1.6 Budget of Romania Government for Public Insurance

Romania In Vitro Fertilization (IVF) Service Market Analysis
2. IVF Treatment Process

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Illustrative
2.1 IVF Process
The eggs are
fertilized in the
lab by IVF or by ICSI
INSEMINATION &
FERTILIZATION
The woman is given
hormone
treatments to
stimulate egg
production
Stimulation
The eggs are
extracted from
her ovaries.
Egg Retrival
Embryos are grown
in an
incubator in the lab
for up to
six days
Embryo
Development
Placement of
developed eggs into
a woman's womb.
(fresh, biopsied,
and then frozen for
later use)
Embryo
Transfer
A trigger injection is
administered so that
the eggs
inside the follicles
mature
Trigger

Romania In Vitro Fertilization (IVF) Service Market Analysis
3. Market Size and Forecasting

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2023 2024F 2025F 2026F 2027F 2028F 2029F 2030F
Romania In Vitro Fertilization (IVF) Service Market Forecast, 2023-2030
2023 2024 2025 2026 2027 2028 2029 2030
Major Markets Patient ($Mn) 2.74 2.82 2.90 2.94 2.98 3.02 3.07 3.12
Romania Patient Size ($Bn) 0.51 0.61 0.68 0.69 0.70 0.71 0.72 0.73
% of Patients 18.75% 21.70% 23.56% 23.45% 23.42% 23.39% 23.34% 23.45%
Global Market Size ($Bn) 3,620 3,780 3,950 4,128 4,314 4,508 4,711 4,937
Romania Market Size ($Bn) 61 74 84 87 91 95 99 106
Illustrative
3.1 Romania In Vitro Fertilization (IVF) Service Market Size and Forecasts

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3.2 Snapshot of Romania IVF Service Market Segmentation
▪In this section you will get an understanding of the segmentations which will cover the Romania IVF Service Market
▪In order to obtain access to all of the information that you are seeking, you will need to purchase the final report
End User
Fertility Clinics
Hospital
Cryobanks
Type of Procedure
Conventional IVF
IVF with ICSI
IVF with PGT
IVF with FET
IVF with Egg Donor
Other
Cycle
Fresh Non-donor IVF
Cycles
Frozen Non-donor IVF
Cycles
Frozen Donor IVF
Cycles
Fresh Donor IVF
Cycle
Medical Condition
PCOS
Endometriosis
Male Factor Infertility
Genetic Disorder
Ovulatory Disorder
Other
Illustrative

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Romania IVF Service Market Share, By End User (2022)
Fertility Clinics
Hospital
Cryobanks
▪Please be aware that this sample report
is intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the
final report
▪In order to obtain access to all of the
information that you are seeking, you
will need to purchase the final report
▪Final report will be comprehensive and
detailed, and it will include data,
analysis, trends, and other relevant
information related to the topic or
subject matter of interest
Illustrative
3.2.1 Market Segmentation: By End User

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A Sample Report on Romania In Vitro Fertilization (IVF) Service Market Analysis I
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Romania IVF Service Market Share, By Type of Procedure (2022)
Conventional IVF
IVF with ICSI
IVF with PGT
IVF with FET
IVF with Egg
donor
Other
▪Please be aware that this sample report
is intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the
final report
▪In order to obtain access to all of the
information that you are seeking, you
will need to purchase the final report
▪Final report will be comprehensive and
detailed, and it will include data,
analysis, trends, and other relevant
information related to the topic or
subject matter of interest
Illustrative
3.2.2 Market Segmentation: By Type of Procedure

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Romania IVF Service Market Share, By Cycle (2022)
Fresh Non-donor
IVF Cycles
Frozen Non-
donor IVF Cycles
Frozen Donor
IVF Cycles
Fresh Donor IVF
Cycle
▪Please be aware that this sample report
is intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the
final report
▪In order to obtain access to all of the
information that you are seeking, you
will need to purchase the final report
▪Final report will be comprehensive and
detailed, and it will include data,
analysis, trends, and other relevant
information related to the topic or
subject matter of interest
Illustrative
3.2.3 Market Segmentation: By Cycle

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Romania IVF Service Market Share, By Medical Condition (2022)
PCOS
Endometriosis
Male Factor
Infertility
Genetic Disorder
Ovulatory
Disorder
Other
▪Please be aware that this sample report
is intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the
final report
▪In order to obtain access to all of the
information that you are seeking, you
will need to purchase the final report
▪Final report will be comprehensive and
detailed, and it will include data,
analysis, trends, and other relevant
information related to the topic or
subject matter of interest
Illustrative
3.2.4 Market Segmentation: By Medical Condition

Romania In Vitro Fertilization (IVF) Service Market Analysis
4. Market Dynamics

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A Sample Report on Romania In Vitro Fertilization (IVF) Service Market Analysis I
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4.1.1
Decreasing
fertility rate in
Romania
4.1.2
Rise in healthcare
expenditure per
capita
4.1.3
Government
initiatives for IVF
treatment
4.2.1
Lack of
awareness
regarding IVF
treatment
4.2.2
Lack of
iinsurance
coverage
Illustrative
4. Snapshot Of Market Growth Drivers And Restraints

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Illustrative
▪Currently, approximately 20% of couples are affected by infertility issues
▪Fertility rate in Romania is expected to decrease from 1.8 in 2021 to 1.7
by 2030. This trend can serve as a significant market driver for IVF
services
▪Please be aware that this sample report is intended to provide you with a
brief overview of the kind of information and analysis that will be
presented in the final report
▪In order to obtain access to all of the information that you are seeking,
you will need to purchase the final report
▪Final report will be comprehensive and detailed, and it will include data,
analysis, trends, and other relevant information related to the topic or
subject matter of interest
4.1 Market Growth Drivers
4.1.1 Decreasing fertility rate in Romania

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▪Healthcare expenditure per capita was $1,885 in 2019 which increased to
$2,340 in 2021
▪It influences accessibility, affordability, and the overall demand for fertility
treatments
▪Please be aware that this sample report is intended to provide you with a
brief overview of the kind of information and analysis that will be
presented in the final report
▪In order to obtain access to all of the information that you are seeking,
you will need to purchase the final report
▪Final report will be comprehensive and detailed, and it will include data,
analysis, trends, and other relevant information related to the topic or
subject matter of interest
2010 2022 2030
Illustrative
4.1 Market Growth Drivers
4.1.2 Rise in healthcare expenditure per capita

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▪In Romania, the National IVF Program 2023 – 2024 offers financial
support for couples and single women seeking in vitro fertilization
▪This initiative allows them to access IVF treatment at more affordable
prices, significantly improving the quality of life for families dealing with
infertility
▪Additionally, this program can serve as a market driver for IVF services
▪Please be aware that this sample report is intended to provide you with a
brief overview of the kind of information and analysis that will be
presented in the final report
▪In order to obtain access to all of the information that you are seeking,
you will need to purchase the final report
▪Final report will be comprehensive and detailed, and it will include data,
analysis, trends, and other relevant information related to the topic or
subject matter of interest
Illustrative
4.1 Market Growth Drivers
4.1.3 Government initiatives for IVF treatment

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4.2.1 Lack o awareness regarding IVF treatment
▪38% of the population in Romania is unaware of whether IVF
treatments are regulated, and historically, IVF has been
stigmatized, which hinders the market for IVF services in the
country
▪Please be aware that this sample report is intended to provide
you with a brief overview of the kind of information and analysis
that will be presented in the final report
▪In order to obtain access to all of the information that you are
seeking, you will need to purchase the final report
▪Final report will be comprehensive and detailed, and it will include
data, analysis, trends, and other relevant information related to
the topic or subject matter of interest
4.2.2 Lack of iinsurance coverage
▪Romania experiences a higher rate of catastrophic health
expenditures compared to other European Union (EU) nations
▪While the public healthcare system provides partial coverage for
IVF treatments, the level of support varies. Generally, the
government subsidizes a portion of the costs, necessitating
patients to bear a considerable financial burden
▪This setup could potentially limit market growth for IVF services
▪Please be aware that this sample report is intended to provide
you with a brief overview of the kind of information and analysis
that will be presented in the final report
▪In order to obtain access to all of the information that you are
seeking, you will need to purchase the final report
▪Final report will be comprehensive and detailed, and it will include
data, analysis, trends, and other relevant information related to
the topic or subject matter of interest
Our analysis will thoroughly investigate the key restraints that may significantly impact business
operations and growth.
Illustrative
4.2 Market Growth Restraints

Romania In Vitro Fertilization (IVF) Service Market Analysis
5. Competitive Landscape

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Company 1
Company 2
Company 3
Company 4
Company 5
Company 6
Company 7
Company 8
Company 9
Company 10
Revenue of Major players in the Romania In Vitro Fertilization
(IVF) Service Market Analysis ($ Mn)
Illustrative
5.1 Major Market Share
▪Please be aware that this sample report is
intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the final
report
▪In this section you will the understating of
financial overview of the company, which
includes revenue forecasting, segment
revenue and other key details as per
availability
▪In order to obtain access to all of the
information that you are seeking, you will
need to purchase the final report
▪Final report will be comprehensive and
detailed, and it will include data, analysis,
trends, and other relevant information
related to the topic or subject matter of
interest

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A Sample Report on Romania In Vitro Fertilization (IVF) Service Market Analysis I
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▪Here is the list of top 10 companies which
will cover in the final report
▪Each company will have slides for
oOverview
oKey details
oOfferings
oName of products
oRecent activities/ Press Coverage
oDistribution and Vendor Partners
oMergers, Acquisitions and
Collaboration
oFinancials
▪If there are specific companies that you
would like to be included in the report,
please let us know via email
▪In order to obtain access to all of the
information that you are seeking, you will
need to purchase the final report
Regina Maria1
Dacia Medical Center2
Gynesiys Fertility Center3
Genesis Athens4
Embryos5
Illustrative
5.2 Key Players in Romania In Vitro Fertilization (IVF) Service Market
Orygyn Fertility Center6
Fertilia7
Gynera Fertility Center8
Sanador9
Clinicaimed10

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Analysis I Confidential
Latest News / Development
Founded In: 1995
HQ: Bucharest, Romania
Type: Private
Revenue: 340 Mn (Global)
Website:
https://www.reginamaria.ro/
▪Regina Maria – The Private Healthcare Network stands out as
Romania's foremost medical provider renowned for its
exceptional quality, distinguished by holding 13 international
accreditations
▪This achievement sets it apart in the Central and Eastern
European region, showcasing a steadfast dedication to upholding
medical excellence and ensuring patient safety
Specialties
➢General Surgery
➢Medical Genetics
➢Neonatology
➢Medical Oncology
▪DOR: It’s the inaugural medical subscription designed for
Romanians living abroad, connecting them regardless of
geographical distances or time differences
▪Partner for better education: Annually supporting to teach for
Romania and United Way Romania. This initiative aims to educate
children who may be overlooked today but could potentially make
significant contributions tomorrow, including possibly saving lives.
Each educated child holds the potential to become a skilled
healthcare professional
5.2.1 Regina Maria
Service Programs by Regina Maria
▪November 2023: By the end of November, the Regina Maria
health network plans to launch the Banat Polyclinic in Timișoara,
described as the region's largest and most advanced healthcare
facility, with an investment totaling $8.58 Mn
▪August 2023: The REGINA MARIA health network opens the E.
GRIGORESCU Polyclinic, the newest and most advanced
healthcare facility in Cluj. From September onwards, it
consolidates the Pasteur and Museum Polyclinics into a single
location

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A Sample Report on Romania In Vitro Fertilization (IVF) Service Market
Analysis I Confidential
▪Please be aware that this sample report is
intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the final
report
▪In order to obtain access to all of the
information that you are seeking, you will
need to purchase the final report
▪Final report will be comprehensive and
detailed, and it will include data, analysis,
trends, and other relevant information
related to the topic or subject matter of
interest
2020202120222023F2024F2025F2026F2027F2028F2029F2030F
Revenues ($Bn), 2020-2030
Breakdown of Net Revenue by Segment, 2023
1 2 3 4
Illustrative
5.2.1 Regina Maria (Continued)

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Analysis I Confidential
Founded In:
HQ:
Type:
Revenue:
Website:
Offerings
Recent Activity / Press Coverage
5.2.1 Company 2
Illustrative

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Analysis I Confidential
Company Name Type Year Key Pointers
Latest Deals in CompanyName
Illustrative
5.2.1 Company 2 (Continued)

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A Sample Report on Romania In Vitro Fertilization (IVF) Service Market
Analysis I Confidential
▪Please be aware that this sample report is
intended to provide you with a brief
overview of the kind of information and
analysis that will be presented in the final
report
▪In order to obtain access to all of the
information that you are seeking, you will
need to purchase the final report
▪Final report will be comprehensive and
detailed, and it will include data, analysis,
trends, and other relevant information
related to the topic or subject matter of
interest
2020202120222023F2024F2025F2026F2027F2028F2029F2030F
Revenues ($Bn), 2020-2030
Breakdown of Net Revenue by Segment, 2023
1 2 3 4
Illustrative
5.2.1 Company 2 (Continued)

Romania In Vitro Fertilization (IVF) Service Market Analysis
6. Regulatory and Reimbursement Landscape

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A Sample Report on Romania In Vitro Fertilization (IVF) Service Market Analysis I
Confidential
Ministry of Health:
▪Regulatory Framework: Develops and implements regulations governing assisted reproductive technologies (ART), including IVF
▪Licensing: Issues licenses to IVF clinics, ensuring they meet specified standards
▪Qualification Requirements: Sets criteria for medical professionals eligible to perform IVF procedures
▪Guidelines: Establishes guidelines for patient consent, information disclosure, and ethical considerations in IVF treatment
▪Inspections: Conducts regular inspections of IVF clinics to ensure compliance with regulations and standards
National Agency for Medicines and Medical Devices (ANMD):
▪Safety and Effectiveness: Oversees the safety and effectiveness of medications and medical devices used in IVF treatments
▪Approval: Approves fertility drugs and medical devices used in IVF after evaluating their safety and efficacy
▪Monitoring: Monitors the ongoing safety and efficacy of approved IVF medications and devices
▪Adverse Event Management: Investigates and addresses any reported adverse events related to IVF medications and devices to ensure
patient safety
Illustrative
Regulatory Authorities With Jurisdiction Over Drugs, Biologicals, And Medical Devices In Romania
6.1 Regulatory Landscape in Romania

40
A Sample Report on Romania In Vitro Fertilization (IVF) Service Market Analysis I
Confidential
Authorization:
▪IVF treatment in Romania is regulated by the Ministry of Health
▪Ministry issues licenses to healthcare providers and fertility clinics to ensure compliance with specific guidelines and standards
▪These regulations aim to guarantee the safety and quality of IVF services offered to patients
Pricing:
▪Exact pricing of IVF treatment in Romania is not explicitly detailed in available sources
▪Costs can vary depending on factors such as the healthcare provider, the type of IVF treatment (e.g., standard IVF, ICSI), medications used,
and additional services offered
▪Patients are advised to consult directly with clinics to obtain detailed information on pricing and potential additional costs
Reimbursement:
▪Specific details regarding reimbursement for IVF treatment in Romania are not clearly defined in the provided information
▪While some general insights into the regulatory framework exist, including licensing and standards, information on whether and how IVF
treatments are reimbursed by public or private insurance schemes is not specified
Illustrative
Regulatory Framework For The Authorization, Pricing, And Reimbursement Of Drugs
6.2 Reimbursement Scenario in Romania

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A Sample Report on Romania In Vitro Fertilization (IVF) Service Market Analysis I
Confidential
Coverage Penetration (% Total Population) Source of Funding
Spend on Healthcare (%of Current Health Expenditure)
Reimbursement Market Trends
Public healthcare coverage is provided by the government and includes
programs like Medicare and Medicaid
Medicare is a federal program that provides healthcare coverage to individuals
who are 65 years of age or older, as well as certain younger people with
disabilities
▪Shift towards value-based care has been a significant trend in Romania healthcare system, with payers and providers increasingly focused on improving patient
outcomes and reducing costs
▪This has led to the development of alternative payment models such as accountable care organizations (ACOs) and bundled payment arrangements, which
incentivize providers to deliver high-quality, cost-effective care
38.9% 37.1% 35.6% 32.5% 31.5%
44.0%
46.0% 47.7%
51.0% 51.8%
2017 2018 2019 2020 2021 2022 2023
Government Expenditure
Private Health Insurance
Out of Pocket
Other
NA NA
100% 100% 100% 100% 100%
xx
xx xx
xx xx
2019 2020 2021 2022 2023
Public Healthcare
Coverage
Private Coverage
6.3% 4.08% 5.1% 3.8% 2.2% 2.4% 3.6% GDP Growth (yoy)
14.7% 11.3% 15.5% 7.5% 4.2% NA NA HC Spend Growth (yoy)
Illustrative
6.2 Reimbursement Scenario in Romania (Continued)

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A Sample Report on Romania In Vitro Fertilization (IVF) Service Market Analysis I
Confidential
The reimbursement process in Romania healthcare system can be complex and can vary depending on the type of healthcare service,
the healthcare provider, and the insurance coverage. Here are the general steps involved in the reimbursement process:
▪Service or Treatment Provided: The healthcare provider performs a service or treatment for the patient
▪Billing: The healthcare provider submits a claim to the insurance company or other payer, requesting reimbursement for the
service provided
▪Adjudication: The insurance company or other payer reviews the claim to determine whether it meets the criteria for
reimbursement. This can involve verifying the patient's eligibility, reviewing the treatment provided, and checking for any potential
errors or fraud
▪Payment: If the claim is approved, the insurance company or other payer reimburses the healthcare provider for the service
provided, based on the negotiated payment rates or fee schedule
▪Patient Responsibility: Depending on the patient's insurance coverage, they may be responsible for paying a portion of the cost
of the service, such as deductibles, co-payments, or co-insurance
In order to obtain access to all of the information that you are seeking, you will need to purchase the final report
Final report will be comprehensive and detailed, and it will include data, analysis, trends, and other relevant information related to the
topic or subject matter of interest
Illustrative
6.3 Reimbursement Process

43
A Sample Report on Romania In Vitro Fertilization (IVF) Service Market Analysis I
Confidential
The reimbursement process in Romania healthcare system can be complex
and can vary depending on the type of healthcare service, the healthcare
provider, and the insurance coverage. Here are the general steps involved
in the reimbursement process:
▪Service or Treatment Provided: The healthcare provider performs a
service or treatment for the patient
▪Billing: The healthcare provider submits a claim to the insurance
company or other payer, requesting reimbursement for the service
provided
▪Adjudication: The insurance company or other payer reviews the claim
to determine whether it meets the criteria for reimbursement. This can
involve verifying the patient's eligibility, reviewing the treatment
provided, and checking for any potential errors or fraud
▪Payment: If the claim is approved, the insurance company or other
payer reimburses the healthcare provider for the service provided,
based on the negotiated payment rates or fee schedule
MoH
Private Payers Public Payers
Health Technology Assessment
PaymentCoverageCoding
Coding depends on availability code while coverage and
payment process decisions are made through an HTA.
Market Authorization
1 32
Illustrative
6.3 Reimbursement Process (Continued)

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