Cart
0

India IVF Services Market Expected to Reach $829.5 Million by 2023

 
 

quote Fertility clinics and hospitals segment collectively contributed for more than three-fifths of the market revenue in 2016. Such large share of these segments is attributed to their crucial role in providing the technologically advanced IVF treatment to couples seeking infertility treatment. quote

Onkar Sumant
Assistant Manager, Healthcare at AMR

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a new report published by Allied Market Research, titled, "India IVF Services Market by Gender, Procedure, Cycle Type, Offering, and End User: Opportunity Analysis and Industry Forecast, 2017-2023," the IVF services market in India was valued at $256.0 million in 2016, and is projected to reach $829.5 million by 2023, registering a CAGR of 18.2% from 2017 to 2023. Modern lifestyle, increase in infertility rate among couples, and rise in spending of middle class and higher class for IVF treatment are the major factors that boost the growth of the market.

Access Full Summary at : https://www.alliedmarketresearch.com/india-ivf-services-market

In vitro fertilization (IVF) is an assisted reproductive technology (ART) procedure. It is the process of fertilization, which includes eggs extraction, sperm cell sample retrieval, and then manually combining an egg and sperm in laboratory settings to form an embryo. The embryo(s) is then transferred to the uterus for further gestation.

The India IVF services market is expected to witness a substantial growth in future owing to rise in incidence of infertility cases, emerging trend of delayed pregnancies among women, and increased occurrences of gamete donations. Furthermore, low cost clinical settings for IVF treatments in India when compared with IVF treatment facilities in the U.S., the UK, and other established markets, rise in popularity of medical and fertility tourism coupled with advanced IVF facilities & treatment options are anticipated to supplement the market growth.

With respect to end users, the fertility clinics segment accounted for about 61% of the India IVF services market revenue in 2016, and is projected to maintain its dominance during the forecast period. In addition, this segment performed 77.4 thousand cycles in 2016, and is projected to reach 245.4 thousand by 2023, growing at a CAGR of 17.9%, thus accounting for the highest number of IVF cycles. This is attributed to the fact that fertility clinics provide technologically advanced and a wide range of fertility treatments under a single roof for patients.

Based on cycle type, the fresh IVF cycles segment (non-donor) generated the highest revenue of $187.1 million in 2016, and is expected to reach $606.6 million by 2023, growing at a CAGR of 18.2%. In addition, this segment was the largest segment in the India IVF services market, with 80.1 thousand fresh IVF cycles (non-donor) performed in 2016, and is expected to reach 239.6 thousand cycles by 2023, growing at a CAGR of 16.9% from 2017 to 2023.

Key Findings of the India Ivf Services Market:

  • Based on cycle type, in 2016, fresh IVF cycle (non-donor) segment accounted for around 70% share of the total market, in terms of revenue
  • Thawed IVF cycle (non-donor) is projected to be the one of the fastest growing segments, registering a CAGR of 19.6% from 2017 to 2023, in terms of revenue
  • Based on gender, in 2016, the female infertility segment, in terms of volume, accounted for more than 70% share of the total market.
  • Based on IVF procedures, in 2016, non-ICSI IVF accounted for the highest revenue, thereby registering a CAGR of 19.2% from 2017 to 2023.

The prominent companies, hospitals, surgical centers, fertility centers, and clinical research institutes profiled in this report include Sun Pharmaceuticals Industries Ltd., Lab IVF Asia Pte. Ltd., LG Life Sciences, Cadila Pharmaceuticals Ltd., Bourn Hall Clinic, Morpheus Life Sciences Pvt. Ltd., Southend Fertility and IVF Centre, Nova IVI Fertility, Bloom Fertility Center, Manipalankur Andrology and Reproductive Medicine, Cloudnine Hospitals, Gunasheela Hospital Mathrutva Fertility Centre (A Unit Of Max HealthCare Pvt. Ltd.) Milann, and Oasis Center (a unit of the entity Sadguru Healthcare Services Pvt. Ltd.). Other players (profiles not included in the report) in the value chain analysis include, Apollo Hospitals, Fortis Hospitals, Ruby Hall IVF & Endoscopy Center., and others.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1⟨855⟩ 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Abhinav Rautela
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
mediacommunications@alliedanalytics.com

 
 

First time buyer?
Check offers and discount on this report
To get this report

 
Click Here
 
 

quote India IVF Services Market by Gender (Female, Male, and Both [Combined]), Procedure (ICSI IVF, Non-ICSI IVF, and IUI), Cycle Type (Fresh IVF Cycles, Thawed IVF Cycles, and Donor Egg IVF Cycles), End User (Fertility Clinics, Hospitals, Surgical Centers, and Clinical Research Institutes), and Offering (IVF Drugs, IVF Reagents & Media, and IVF & IUI Services) - Opportunity Analysis and Industry Forecast, 2017-2023 quote

View Report
 
 

Why Allied Market Research

 

Infallible Methodology

To ensure high level data integrity, accurate analysis and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to eliminate redundant information to provide valued information and save time of the reader

 

Featured Readings

 
rep-img

Published Date Oct 2018

Virtual Router Market

Download Sample
 

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interest you.

 
Get Industry Data Alerts