The
fertility segment in India has seen quick growth. About 10-15% of the couples
are said to have fertility issues. Today, an array of treatment options to
treat infertility are readily available in India. These include medications for
ovulation induction; endoscopic surgery to correct anatomical problems, and
assisted reproductive technologies, including IUI, IVF, and ICSI (Intra
cytoplasmic sperm injection).
India
has become one of the favored destinations for infertility treatments such as
IVF due to several factors including its medical expertise, state-of-the-art
technology, and a cost-effective healthcare system. The country sees about
2-2.5L IVF cycles in a year and has the potential to do about 5-6L IVF cycles.
In
the following sections, we have enclosed some recent insights about the space.
IVF
is a large and growing delivery market due to the increasing infertility rate
and improving affordability. The key factors propelling the growth of this
market include greater public awareness about infertility and the availability
of treatment options.
It
is estimated that 27.5 million couples in India want to have children but are
unable to do so naturally. Factors are varied and range from delayed marriages
and childbearing and declining egg and sperm quality due to alcohol and tobacco
use and leading a sedentary lifestyle.
The
IVF market is largely shifting from unorganized hospitals to single specialty
chains due to the provision of better treatment, increased awareness, higher
success rates, and improving the reach of branded chains.
Market
growth coupled with the spread and distribution of individual private practices
at a national level makes a tempting opportunity for consolidation. While there
are certain benefits to this like development of the sector and improved care,
it poses various challenges as well. In a bid to increase the revenue pool,
many IVF players have begun offering “add-ons” to routine IVF, which don’t
always improve outcomes
