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Written by Deepakmishra » Updated on: October 13th, 2024
India Assisted Reproductive Technology Market Overview
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032
Market Growth Rate: 8.60% (2024-2032)
The India assisted reproductive technology market is rapidly growing, driven by increasing infertility rates and advanced medical innovations. According to the latest report by IMARC Group, the market is projected to grow at a CAGR of 8.60% from 2024 to 2032.
India Assisted Reproductive Technology Market Trends and Drivers:
The rising occurrence of infertility, changing societal norms, as well as the growing awareness of reproductive health options, are the factors responsible for the growth of the India assisted reproductive technology market. Additionally, more couples are seeking ART services like in vitro fertilization (IVF) and surrogacy to conceive, with factors such as delayed marriages, lifestyle changes, and urbanization contributing to infertility rates.
The increasing acceptance of these technologies is supported by advancements in medical science and the availability of specialized fertility clinics across the country. Moreover, the supportive regulations by government authorities, such as the ART Bill, which aims to standardize and regulate ART services, are further propelling the market by ensuring safety, quality, and ethical practices.
A significant trend in the India assisted reproductive technology market is the increasing use of advanced technologies and personalized treatment approaches. In addition to this, techniques such as preimplantation genetic testing (PGT) and cryopreservation are gaining popularity, enabling higher success rates, and allowing couples to have greater control over their reproductive choices, which is acting as another significant growth-inducing factor.
The market is also seeing a rise in fertility tourism, with India becoming a preferred destination for affordable and high-quality ART services, attracting patients from around the world. Furthermore, collaborations between domestic and international fertility centers are fostering the exchange of knowledge and expertise, enhancing the quality of care available, which is anticipated to drive the India assisted reproductive technology market over the forecasted period.
India Assisted Reproductive Technology Market Industry Segmentation:
The report has segmented the market into the following categories:
Breakup by Product:
• Instrument
o Sperm Separation System
o Cryosystem
o Incubator
o Imaging System
o Ovum Aspiration Pump
o Cabinet
o Micromanipulator
o Laser Systems
o Others
• Accessory and Disposable
• Reagents and Media
o Cryopreservation Media
o Semen Processing Media
o Ovum Processing Media
o Embryo Culture Media
Breakup by Type:
• In-Vitro Fertilization (IVF)
o Fresh Donor
o Frozen Donor
o Fresh Non-Donor
o Frozen Non-Donor
• Artificial Insemination
o Intrauterine Insemination
o Intracervical Insemination
o Intravaginal Insemination
o Intratubal Insemination
Breakup by End Use:
• Fertility Clinics and Other Facilities
• Hospitals and Others
Breakup by Region:
• North India
• West and Central India
• South India
• East and Northeast India
Competitive Landscape:
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
Key highlights of the Report:
• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Strategic Recommendations
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Group
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Email: [email protected]
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