Dublin, Aug. 06, 2024 (GLOBE NEWSWIRE) -- The "India In Vitro Fertilization Market Size, Share & Trends Analysis Report by Instrument (Equipment, Culture Media), Procedure Type (Fresh Nondonor), Providers, and Segment Forecasts, 2024-2030" report has been added to ResearchAndMarkets.com's offering.
The India In vitro fertilization market size is anticipated to reach USD 1.82 billion by 2030, and is expected to grow at a CAGR of 7.8% from 2024 to 2030
The market is witnessing growth due to multifaceted driving factors such as rising infertility rates and increasing awareness and acceptance of IVF. The growth of India's in vitro fertilization market is fueled by rising technological advancements. Innovations such as preimplantation genetic testing, and time-lapse imaging have enhanced the efficiency and outcomes of IVF treatments, making them more appealing to prospective parents.
Furthermore, India has become a favored destination for medical tourism, particularly for fertility treatments such as IVF. The country offers top-notch healthcare services at competitive prices, attracting overseas patients for affordable and trustworthy IVF procedures.
Additionally, the government of India has taken steps to support the growth of the market by implementing policies that promote accessibility to fertility treatments and regulate assisted reproductive technologies. This supportive regulatory environment has encouraged investment in the sector and expanded access to IVF services. For instance, in February 2024, the government of Telangana launched the state's first high-end In Vitro Fertilisation (IVF) to assist infertility couples at Gandhi Hospital.
India In Vitro Fertilization Market Report Highlights
- Culture media dominated the instrument segment market, with a share of around 40% in 2023, owing to increased funding availability and growing research and development.
- The disposable devices sector in the instrument segment is expected to grow at the fastest CAGR over the forecast period due to growing demand for single-use devices to prevent cross-contamination and ensure patient safety.
- In the procedure type segment, frozen nondonor accounted for the largest share of around 48%, in 2023. This is attributable to cost-effectiveness compared to fresh donor eggs or embryo transplants.
- The fresh donor sector in the procedure type segment is expected to witness the fastest CAGR owing to the increased demand for egg and sperm donors and the vast donor population in India.
- In the provider segment, fertility clinics held the largest share of around 80% in 2023 and is anticipated to witness the fastest CAGR during the forecast period, owing to increasing infertility, rising awareness and acceptance of IVF, and availability of specialists.
- In December 2023, CK Birla Healthcare Pvt. Ltd announced the launch of its new fertility and IVF clinic in Ahmedabad, Gujarat.
Companies Featured
- CK Birla Healthcare Pvt. Ltd.
- Nova IVF
- Indira IVF Hospital Private Limited.
- Apollo Fertility (Apollo Specialty Hospitals Pvt. Ltd.)
- Max Healthcare
- Manipal Health Enterprises Pvt Ltd
- Bloom Fertility Centre
- BACC Healthcare Private Limited
- Cloudnine Hospitals
- Morpheus IVF
- Babies and Us Fertility and IVF Centre (Ind) Pvt Ltd
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 70 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $1.06 Billion |
| Forecasted Market Value (USD) by 2030 | $1.82 Billion |
| Compound Annual Growth Rate | 7.8% |
| Regions Covered | India |
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Instrument outlook
2.2.2. Procedure type outlook
2.2.3. Providers outlook
2.3. Competitive Insights
Chapter 3. India In Vitro Fertilization Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent market outlook
3.1.2. Related/ancillary market outlook
3.2. Market Dynamics
3.2.1. Market driver analysis
3.2.1.1. Technological advancements in assisted reproductive technology
3.2.1.2. Emergence of fertility tourism
3.2.1.3. Rising awareness about fertility treatments
3.2.2. Market restraint analysis
3.2.2.1. High cost of IVF treatments
3.2.2.2. Ethical concerns surrounding IVF treatments
3.3. India In Vitro Fertilization Market Analysis Tools
3.3.1. Industry Analysis - Porter's
3.3.2. PESTEL Analysis
Chapter 4. India In Vitro Fertilization Market: Instrument Estimates & Trend Analysis
4.1. Instrument Market Share, 2023 & 2030
4.2. Segment Dashboard
4.3. India In Vitro Fertilization Market by Instrument Outlook
4.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030
4.4.1. Disposable Devices
4.4.1.1. Market estimates and forecasts 2018 to 2030 (USD Million)
4.4.1.1.1. Cryopreservation Media
4.4.1.1.2. Embryo Culture Media
4.4.1.1.3. Ovum Processing Media
4.4.1.1.4. Sperm Processing Media
4.4.2. Culture Media
4.4.2.1. Market estimates and forecasts 2018 to 2030 (USD Million)
4.4.2.1.1. Sperm Analyzer Systems
4.4.2.1.2. Imaging Systems
4.4.2.1.3. Ovum Aspiration Pumps
4.4.2.1.4. Micromanipulator Systems
4.4.2.1.5. Incubators
4.4.2.1.6. Gas Analyzers
4.4.2.1.7. Laser Systems
4.4.2.1.8. Cryosystems
4.4.2.1.9. Sperm Separation Devices
4.4.2.1.10. IVF Cabinets
4.4.2.1.11. Ant- Vibration Tables
4.4.2.1.12. Witness Systems
4.4.3. Equipment
Chapter 5. India In Vitro Fertilization Market: Procedure Type Estimates & Trend Analysis
5.1. Procedure Type Market Share, 2023 & 2030
5.2. Segment Dashboard
5.3. India In Vitro Fertilization Market by Procedure Type Outlook
5.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030
5.4.1. Fresh Donor
5.4.2. Frozen Donor
5.4.3. Fresh Non-Donor
5.4.4. Frozen Non-Donor
Chapter 6. India In Vitro Fertilization Market: Providers Estimates & Trend Analysis
6.1. Providers Market Share, 2023 & 2030
6.2. Segment Dashboard
6.3. India In Vitro Fertilization Market by Providers Outlook
6.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030
6.4.1. Fertility Clinics
6.4.2. Hospitals & Other settings
Chapter 7. Competitive Landscape
7.1. Recent Developments & Impact Analysis, By Key Market Participants
7.2. Company/Competition Categorization
7.3. Vendor Landscape
7.3.1. List of key distributors and channel partners
7.3.2. Key customers
7.3.3. Key company heat map analysis, 2023
7.4. Company Profiles
7.4.1. Company overview
7.4.2. Financial performance
7.4.3. Product benchmarking
7.4.4. Strategic initiatives
For more information about this report visit https://www.researchandmarkets.com/r/pj9lfh
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