The in vitro fertilisation (IVF) services market in India is projected to reach $ 775.9 million by 2022, registering a CAGR of 16.6 percent from 2016 to 2022. The market for IVF services in India is growing, due to rise in the number of married couples suffering from infertility, owing to urbanisation, pollution, stress, and lifestyle patterns. Clearly the infertility cases have increased to about 30 million couples in India. In addition, India is becoming a preferred destination for medical tourism owing to low service cost and availability of skilled work force. According to the Government of India’s Medical Tourism Department, cost of IVF treatment for infertility in India is one-fourth as compared to the developed countries. Furthermore, clinics operating in the UK, Australia, Spain, Denmark, Israel, and France find it difficult to provide their patients with donor egg IVF services. Hence, these patients approach India, where donor egg IVF is more convenient and many other infertility treatments such as, IVF, intracytoplasmic sperm injection (ICSI), intrauterine insemination (IUI), and other assisted reproductive technologies are available. India, with around 180 million women in the reproductive age group, also has the world’s largest young population, a positively skewed demographic profile towards youth and IVF target market.Today, at one lakh IVF-ICSI cycles performed globally every year, India performs only 80 cycles per million population compared with 3,000 per million population in Israel, 1,500 in Australia, 500 in the US and 220 in Egypt.
Rise in incidence of obesity, stress, and delayed pregnancies are the major cause for infertility. In addition, the cost of IVF services in India is very low as compared to other developed countries. This has received the focus of the couples looking for IVF services at low cost, thereby driving the Indian IVF services market
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Who will win the coveted #Fertility & #IVF title at @plspowerbrand 2017 award.#DrVidyaBhat @neelam_bhise @sudhatandon @AskGunasheela pic.twitter.com/eFyZoqK6Uy
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India’s Most Promising Multi Specialty Centre for Fertility & IVF
1. Radhakrishna Multispeciality Hospital & IVF Centre. (145)
2. Dr.Neelam Bhise’s Genesis fertility. (146)
3. Kamineni Fertility Centre. (147)
4. Dr. Sudha Tandon’s Gynaec Endoscopy, Fertility & IVF Center. (148)
5. Milaan – The Fertility Centre. (149)
6. Gunasheela Surgical & Maternity Hospital. (150)
