India IVF Services Market - Analysis and Industry Forecast, 2014-2022

According to a new report published by Allied Market Research titled, India IVF Services Market by End User and Cycle Type: Opportunity Analysis and Industry Forecast, 2014-2022, the Indian IVF services market is estimated to reach $775.9 million by 2022, registering a CAGR of 16.6% from 2016 to 2022.

The Indian IVF services market is characterized by improvement in standard of living, growth in number of couples delaying parenthood due to professional commitments, increase in stress level, trend of late marriages, and ongoing trends toward financial stability. According to 2013 World Bank estimate, the fertility problems became a major concern since the year 2000, in India. These infertile population incline toward IVF services for parenthood.

The growth of the market is associated with modern lifestyle, increase in infertility rate among couples, and increase in spending capacity of middle class and higher class for IVF treatment.

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The fertility clinics segment is anticipated to dominate the market during the forecast period in terms of volume and revenue. This is because the fertility clinics provide technologically advanced and wide range of fertility treatments under one roof for patients.

Key Findings of the India IVF Services Market:

• Based on cycle type, thawed IVF cycles (non-donor) is projected to be the one of the fastest growing segment at a CAGR of 18.8% from 2016 to 2022, in terms of revenue
• Based on end users, fertility clinics is projected to be the one of the fastest growing segment at a CAGR of 17.3% from 2016 to 2022, in terms of revenue
• Based on cycle type, fresh IVF cycles is projected to be the one of the fastest growing segment at a CAGR of 17.4% from 2016 to 2022, in terms of volume
• Based on end users, fertility clinics is projected to be the one of the fastest growing segment at a CAGR of 16.4% from 2016 to 2022, in terms of volume

Key players in the Indian IVF services market includes companies, hospitals, surgical centers, fertility centers, and clinical research institutes. These are Sun Pharmaceuticals Industries Ltd, Cadila Healthcare Ltd, Trivector Origio Scientific, Lab IVF Asia Pte. Ltd., LG Life Sciences, Bourn Hall Clinic, Morpheus IVF Fertility Center, Southend Fertility, Indira IVF, Pearl Women Hospital & Yash IVF Center, Corion Fertility Clinic, and Origin International Fertility Center.

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