Why Is Demand for IVF Devices and Consumables Highest in Europe?

From 34.061 in 1963, the number of live births per 100,000 people has come down to 17.897 in 2019, as per the World Bank. This is attributed to numerous reasons, including the rising incidence of dead births and people not being able to conceive, not wanting to have children, or getting to try fairly late in their lives, often after they have become infertile. Among these, female and male infertility is a major reason behind the falling birth rate. Though natural in women after the age of 50, the process can speed up in them or emerge in men due to certain lifestyle issues, most significantly smoking.

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In this case, though surrogacy is another option, a lot of people have apprehensions about another woman carrying their child. The joy of a pregnancy is something that many women desire to experience. On the other hand, there could also be a risk of the surrogate mother getting emotionally attached to the fetus. Therefore, the volume of IVF treatments is burgeoning as they allow couples who cannot conceive through traditional intercourse to become pregnant in much the same way. Only, the actual fertilization of the ovum with the sperm happens outside the body, often in a petri dish.

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A key driver for the IVF devices and consumables market is the increasing number of sperm and ovum banks. A lot of people are donating their gametes, often in exchange for money. Since a lot of people are becoming unable to conceive naturally, gamete donation is being encouraged. Heterosexual couples, aspiring single parents, and homosexual couples seek the services of gamete banks for a shot at parenthood. While female homosexual couples usually consider IVF so that one or both of them can become pregnant, male homosexual couples often look at surrogacy.

Presently, Europe is the largest IVF devices and consumables market, primarily on account of its developed healthcare sector, strong government efforts to encourage such activities, and people’s adequate awareness on IVF and its advantages. Moreover, pre-implantation genetic analysis (PGD), wherein embryos are screened for potential genetic diseases before implantation into the uterus, is legal here, which encourages people to go for IVF. Additionally, Europe is home to a large number of gamete banks and fertility clinics, which boosts the volume of such procedures.

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This release was published on openPR.