India in-vitro fertilization market is forecast to grow at a formidable rate of around 13% and surpass $ 1 billion market by FY 2031. The country’s in-vitro fertilization market is driven by improving healthcare infrastructure and rising availability of modern healthcare facilities at affordable prices. This fact is also giving rise to medical tourism thereby propelling the in-vitro fertilization market in the country. Additionally, changing lifestyle patterns are leading to various diseases such as PCOS and other kinds of reproductive diseases. Furthermore, increasing number of single super specialty hospitals is projected to fuel the market over the next few years. Besides, growing awareness towards male infertility in the country is expected to positively influence the market over the next few years.
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The India in-vitro fertilization market is segmented based on technique, product, donor, infertility, embryo, end user, and region . Based on technique, the market can be split into ICSI IVF and Non-ICSI/Traditional IVF. The ICSI IVF segment is expected to dominate the market during the forecast period. This can be ascribed to the benefits associated with this technique such as better fertilization and minimization of multi-nucleation since only one sperm and one egg is involved in this technique. Additionally, there is no acrosome reaction taking place in this technique. Based on end user, the market can be categorized into fertility clinics, hospitals and others. The fertility clinics segment is expected to dominate the market owing to the growing consumer preference for availing treatment at these facilities. Additionally, growing penetration of fertility clinics & centers chains is further expected to fuel the market growth through
Major players operating in the India in-vitro fertilization market include Merck India (Merck KGaA), Origio India Pvt. Ltd. (Cooper Surgical), IMV India Pvt. Ltd (Hamilton Thorne, Ltd.), Thermo Fisher Scientific India Pvt. Ltd., Travancore Trade Links (Vitrolife AB), Cook Medical India, Morpheus Life Sciences Pvt. Ltd., Max Healthcare Pvt. Ltd., Olympus Medical Systems India Pvt. Ltd., Fujifilm India Private Limited and others.
Objective of the Study:
• To analyze and forecast the market size of India in-vitro fertilization market.
• To classify and forecast India in-vitro fertilization market based on technique, products, donor, infertility, embryo, end user, company and regional distribution.
• To identify drivers and challenges for India in-vitro fertilization market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India in-vitro fertilization market.
• To conduct pricing analysis for India in-vitro fertilization market.
• To identify and analyze the profile of leading players operating in India in-vitro fertilization market.
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