According to a new report published by Allied Market Research,
titled, " India In Vitro Fertilization (IVF) Services Market by Gender, Procedure, Cycle Type, End User and Offerings:
Opportunity Analysis and Industry Forecast, 2019-2026 ",
The India IVF services market Size was valued at $478.2 million in 2018 and is
estimated to reach $1,453.0 million by 2026, registering a CAGR of 14.7% during
the analysis period.
In vitro fertilization (IVF) is the fertilization process of a
woman's egg and a man's sperm, in this process mature eggs are collected
(retrieved) from ovaries and fertilized by sperm in a laboratory. Then the
fertilized egg is transferred to a uterus. This treatment is for women with the
infertility or genetic problems. This technique is used to help a woman become
pregnant. Fertilization process means the sperm has attached to and go in the
egg. In vitro fertilization (IVF) is a form of an assisted reproductive
technology (ART).
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The major factor that
boost the growth of the India in vitro fertilization services market are such
as increase in the infertility rates caused due to surge in stress levels,
surge in incidence of fertility-related diseases and changes in lifestyle.
Further, emerging trend of delayed pregnancies among women, and increase in
occurrences of gamete donations boosts the market. However, low awareness
toward this technique in the society are certain factors which hinders the
growth of the India IVF services market. Moreover, rise in the prevalence due
to increase in risk factors, such as obesity, stress, polycystic ovarian
syndrome (PCOS), sexually transmitted infections, endometrial tuberculosis, and
other medical conditions, is expected to offer lucrative opportunities for
market growth during the forecast period.
The India IVF services market is segmented based on gender,
procedure, cycle type, offering and end user. Based on gender, it is divided
into female infertility, male infertility, and both (combined) infertility.
Based on procedure, it is classified into intracytoplasmic sperm injection
(ICSI-IVF), non-ICSI-IVF, and intrauterine insemination (IUI). Based on cycle
type, the market is categorized into fresh cycle (non-donor), thawed cycle
(non-donor), and donor egg IVF cycle. Based on offering segment is divided into
IVF drugs, IVF media and reagents and IVF and IUI services. Based on end user,
it is segmented into fertility clinics, hospitals, surgical centers, and
clinical research institutes.
Based on end user, the fertility clinics in the end user segment
generated the highest revenue in 2018. The fertility clinics segment is the
largest and the fastest segment during the forecast period owing to presence of
large number of fertility clinics and availability and accessibility of
different services related to IVF such as infertility treatment, IVF programs,
egg donation, sperm donation, intracytoplasmic sperm injection (ICSI),
intra-cytoplasmic morphologically selected sperm injection (IMSI), and others.
Further, fertility clinics are expected to grow with fastest rate during the
forecast period.
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Key Findings of
the India IVF Services Market :
- By gender, female fertility in
India in vitro fertilization services market accounted for largest share
in 2018.
- By procedures, ICSI IVF in India
IVF services market accounted for largest share in 2018.
- By cycle type, fresh IVF cycles in
India in vitro fertilization services market accounted for largest share
in 2018.
- By end user, fertility clinics
segment in India IVF services market accounted for largest market share in
2018.
- By offering, IVF and IUI Services
in India in vitro fertilization services market accounted for largest
market share in 2018.
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