The Indian IVF Services Market was valued at USD 256.0 million in 2016, and is estimated to reach USD 829.5 million by 2023.
Imagine a situation arising, where the world retires the natural birth process and replaces it with In-Vitro Fertilization or IVF? It may sound strange to you today, but few years down the line, it may actually prove effective, beneficial and convenient to do so. The other possibilities could also involve IVF no longer be a taboo subject and the urban couples opting for IVF without anyone raising an eyelid at them.
The Indian IVF Services Market was valued at $256.0 million in 2016 and is estimated to reach $829.5 million by 2023, registering a CAGR of 18.2% from 2017-2023. The market of IVF in Medical is not only boosting the medical services market but has also been a boon to a rampant increase in medical tourism in India.
The inception of IVF Technology has created an outrageous interest among people and medical professionals. And since seeing the light of its day, it has attracted the attention of many infertile couples, who till now were suffering the pain of not being able to enjoy parenthood. “Even today we come across too many IVF patients who are not supported by their families in their steps to overcome infertility. When faced with such situations we have to counsel their family members where possible to make the path for the patient easier. Along with the treatment counselling also plays a significant role. It is only after this that the patients gather courage for further the treatment process and continue their compliance”, said Dr.Rajesh Koradia, Infertility Specialist & MD of Mira Hospital & IVF Centre.
With the advent of various cutting edge technologies in the field of IVF like ICSI, IMSI, Laser Hatching etc. Some of which greatly improve the success rates, the risk and fear of not conceiving due to any medical reasons, doesn’t practically exist anymore. In Vitro Fertilization or IVF is a complex series of procedures, used to treat fertility or genetic problems and assist with the conception of a child. IVF is a very effective, convenient, risk-free and safe method of assisted reproductive technology.
IVF technologies are seeing a gradual growth and additional advancements to it. Few of them are mentioned below:
IVF isn’t a compulsory necessity and the couples may get pregnant naturally without any assistance. But the chances of that in a couple suffering from infertility are very low. Opting for IVF helps in increasing the chances and bring the odds in their favour. The chances of having a healthy baby using IVF depends on many factors, such as the age and the cause of infertility and is the same with natural conception. Dr Rajesh Koradia further added “Here at MIRA Hospital And IVF centre we follow complete evidence based process whereupon consultation, certain investigations deemed necessary for pinpointing the cause of infertility are advised. On the basis of these reports, we explain to the patients, the steps that we shall be taking to treat their conditions and explain them the overview of the treatment process. We enlighten the patient through each and every step on the treatment.”.
Healthcare sector is getting a rock-solid push among another sector, as opportunities continue to develop from all its ends. IVF is one of the reasons behind a booming healthcare sector.
--Dr. Rajesh Koradia, Director, MIRA Hospital and IVF Centre
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