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In Vitro Fertilization (IVF) Services Market in India Like to Cross $1,453.0 Million by 2026

05-08-2020 09:33 AM CET | Health & Medicine

Press release from: Allied Market Research

India In Vitro Fertilization (IVF) Services Market

India In Vitro Fertilization (IVF) Services Market

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 :
o By gender, female fertility in India in vitro fertilization services market accounted for largest share in 2018.
o By procedures, ICSI IVF in India IVF services market accounted for largest share in 2018.
o By cycle type, fresh IVF cycles in India in vitro fertilization services market accounted for largest share in 2018.
o By end user, fertility clinics segment in India IVF services market accounted for largest market share in 2018.
o By offering, IVF and IUI Services in India in vitro fertilization services market accounted for largest market share in 2018.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain

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In vitro fertilization (IVF) has today emerged as one of the most preferred choices for individuals and couples with problems of infertility. This assisted reproductive method is also widely popular among single mothers and individuals from the LGBT community. Rising cases of infertility, recent innovations in IVF procedures, an emerging trend of delayed pregnancies among women, favorable reimbursement scenarios, and the surge in disposable income and health-care spending have significantly