India In-vitro Fertilization Market to grow at a formidable rate During the Forecast Period
According to TechSci Research report, “India In-vitro Fertilization Market By Technique, By Equipment, By Fertilization, By Donor, By Infertility, By Embryo, By Application, By End User, By Region, Competition, Forecast & Opportunities, 2025” the India in-vitro fertilization market is expected to grow at a formidable rate during the forecast period owing to increasing awareness in the population pertaining to infertility and available treatment options. Additionally, declining potency especially among the male population is further projected to propel the market over the next few years. Furthermore, increasing age of first-time motherhood on account of late marriages, among others is projected to spur the market through 2025. However, high cost and low success rate of IVF can hamper the growth of market during forecast period. Additionally, reducing efficacy of infertility treatments with advancing age can further restrict the market over the next few years. Also, poor reimbursement scenario and social barriers are further expected to slow down the market growth over the next few years.
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The India in-vitro fertilization market is segmented based on technique, equipment, fertilization, donor, infertility, embryo, application, end user, region and company. Based on technique, the market can be categorized into timed intercourse (IC) or cycle monitoring, ovulation induction(OI), artificial insemination using partner’s semen(IUI),donor insemination (IUDI), oocyte donation (DOP),in-vitro fertilization, intra cytoplasmic sperm injection, embryo vitrification & frozen embryo transfer (FET) and testicular sperm extraction (TESE) & percutaneous epididymal sperm aspiration (PESA). The intra cytoplasmic sperm injection segment is expected to dominate the market during forecast period on account of its application and use in various IVF procedures. Additionally, this technique has helped to overcome severe male infertility and allows the men with impotency to impregnate their partners thereby increasing the demand for the segment during forecast period. Based on infertility, the market can be fragmented into male, female and both male and female. The female infertility segment is expected to dominate the market during forecast period on account of the growing prevalence of female fertility related diseases such as PCOS, endometriosis, ovulation disorders, damaged fallopian tubes, problems related to uterus and cervix, among others. The male infertility segment is expected to grow during the forecast period on account of the increasing awareness among the population with respect to male infertility. Based on embryo, the market can be bifurcated into fresh embryo and frozen-thawed embryo. The fresh embryo segment is expected to dominate the market owing to the increase in success rate using fresh embryo. Based on end user, the market can be grouped into fertility clinics, hospitals and others. The fertility clinics segment is expected to dominate the market during forecast period. This can be ascribed to the increasing number of fertility centers coupled with the growing infertility rates. Additionally, the availability and accessibility of different services such as infertility treatment, ICSI, egg / sperm donation, among others and a wide range of fertility treatments under a single roof at these clinics is expected to propel the market during forecast years.
Lab IVF, Lg Life sciences India Pvt. Ltd, Merck, Cook Medical, Cipla, Alembic Pharmaceutical, Glenmark pharmaceutical, Cadila pharmaceutical, Cooper Surgical, Fujifilm, Hamilton Thorne, Nikon cooperation, Thermo Fisher Scientific Inc., Vitrolife AB, Adorefem, Sobha Medical Equipment, ART Biotech, SAR Healthline, Surelife and others are some of the leading players operating in India in-vitro fertilization market. The companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their share.
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“India in-vitro fertilization market is to witness significant growth during the forecast period owing to the emerging trend of delayed pregnancies among women and increase in occurrence of gamete donations. Additionally, increase in infertility rates caused due to rise in stress levels, changes in lifestyle, and surge in incidence of fertility-related diseases is further expected to propel the market over the next few years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“India In-vitro Fertilization Market By Technique, By Equipment, By Fertilization, By Donor, By Infertility, By Embryo, By Application, By End User, By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of India in-vitro fertilization market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in India in-vitro fertilization market.
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