Are you planning to build or restructure or venture in IVF in India? Looking for information about the major healthcare players in Government and Private centres that are available in India? Are you looking to find out which part of the city’s is best to venture in or what all facilities are available and what all should be planned for new setup? In this article Hospaccx Healthcare Consultancy has mapped all on major players in terms of IVF market scenario in India.
Below is a superficial and macro level survey. If you need a refined market and financial feasibility or any other study related to healthcare, you can contact Hospaccx Healthcare business consulting Pvt. ltd on hospaccx.india@gmail.com Or you can visit our website on https://hospaccxconsulting.com/
INTRODUCTION
In vitro fertilization (IVF) is a complex series of procedures used to help with fertility or prevent genetic problems and assist with the conception of a child.During IVF, mature eggs are collected (retrieved) from ovaries and fertilized by sperm in a lab. Then the fertilized egg (embryo) or eggs (embryos) are transferred to a uterus. One full cycle of IVF takes about three weeks. Sometimes these steps are split into different parts and the process can take longer. IVF is the most effective form of assisted reproductive technology.
IVF MARKET SIZE IN INDIA
The India IVF services market was valued at $478.2 million and is estimated to reach $1,453.0 million by 2026, registering a CAGR of 14.7% during the analysis period.
IVF is one of the widely used treatments, which is used for the assistance of couples with infertility problems, single mothers, and the LGBT community to procreate. The delayed pregnancy in women is one of the major driving factors of the IVF services market, as the chances of conceiving decrease with age. However, the success rate of IVF technique is higher in the age group of 35-39 years.
The India IVF services market is expected to witness significant growth during the forecast period owing to increase in infertility rates caused due to rise in stress levels, changes in lifestyle, and surge in incidence of fertility-related diseases.
IVF MARKET GROWTH DRIVERS
IVF MARKET CHALLENGES IN INDIA
SEGMENTATION OF IVF MARKET
- Cycle type segment review
The cycle type segment is classified into fresh (non-donor) IVF cycles, thawed (non-donor) IVF cycles, and donor egg IVF cycles. The fresh IVF cycles (non-donor) was the major revenue contributor , and is anticipated to continue this trend during the forecast period, owing to higher success rate, as fresh embryo transfers lead to better pregnancy and birth rates compared to those who received frozen embryos.
- End user segment review
Depending on end user, the In vitro fertilization services market is divided into fertility clinics, hospitals, surgical centers, and clinical research institutes. The clinical research institutes segment is projected to exhibit the highest growth during the forecast period. This is attributed to the fact that majority of the research on fertility problems and their possible treatments, including IVF are carried out in clinical research institutes. In addition, technological advancement in IVF devices and services is the major driving factor for the growth of the IVF clinical research institutes segment. However, fertility clinics and specialty hospitals play a crucial role in providing IVF treatments to couples seeking assistance for infertility treatments. In addition, availability of a wide range of fertility treatments under one roof coupled with government reimbursements majorly drive the growth of fertility clinic segment.
GOVERNMENT POLICIES FOR IVF TREATMENT IN INDIA
KEY PLAYERS IN IVF IN INDIA
- Gunasheela Hospital
- Mathrutva Fertility Centre (unit of max healthcare Pvt. Ltd.)
- Milann-The Fertility Center
- Oasis Centre
- Sun Pharmaceutical Industries Ltd.
- LabIVF Asia Pte. Ltd.
- LG Life Sciences Ltd.
- Cadila Pharmaceuticals Limited
- Bourn Hall Clinic
- Morpheus Life Sciences Pvt.
- Southend Fertility and IVF Centre
- Nova IVI Fertility
- Nova IVI Fertility
- Manipal fertility hospital
- Cloudnine Hospitals
THE NEXT GENERATION OF IVF TREATMENT
IVF has come a long way since it was first developed in the 1970s, and it continues to evolve and improve due to ongoing advances and trends in the field.
LIST OF IVF CENTRES IN INDIA
Chain of IVF Centres in India
- Bloom Fertility Centre – Mumbai
It was established in 1991. They are the pioneer in bringing the latest technologies for IVF treatment in India. Bloom Fertility Centre is at the Lilavati Hospital in Bandra, Mumbai. They also have branches in New Delhi and Chandigarh.
- Nova IVI India – Ahmedabad
It was established in 2006. They have partnered with IVI, Spain, and the world leader in reproductive medicine. They are certainly the leader of IVF treatment in India. It has internationally acclaimed doctors, and embryologists, constant guidance from a supportive team of counselors, ethical treatment, and transparent pricing are the key points to choosing this center for IVF treatment. They also have centers in New Delhi, Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai, Jalandhar, Surat, and Pune
- Progenesis Fertility Clinic
It was established in 2014 and it has around 3 centres in Mumbai, Nashik and Pune.It is a renowned fertility clinic.
- Milann Fertility Clinic
This IVF center was established in 1990 as Bangalore Assisted Conception Center (BACC), which was rebranded after its strategic partnership with Health Care Global Enterprise Limited (HCGEL). It now has centers in Bengaluru, Delhi, Chandigarh, and Ahmedabad.
The center claims to be an early adopter of new technologies such as time-lapse single embryo transfer and preimplantation genetic diagnosis. Their services include fertility evaluation, ovulation induction-timed intercourse (OI-TI), IUI, IVF, ICSI, and third-party reproduction programs.
- Bavishi Fertility Institute, Ahmedabad
It was established in 1998 and has expanded into a chain of fertility institutes in Ahmedabad, Mumbai, Surat, Delhi, and Kolkata. They offer treatments for various male and female infertility issues. They also offer assistive reproduction treatments such as IUI, IVF, ICSI, egg donation, embryo donation, surrogacy, cryopreservation of embryos, and semen donation.
- Oasis Center For Reproductive Medicine, Hyderabad
It was established in 2009. This IVF center has its corporate office in Hyderabad and branches in Hyderabad, Secunderabad, Chennai, Vizag, Warangal, and Vijayawada. The fertility treatments include OI-TI, IUI, IVF, donor treatments, minimally invasive surgery, fertility preservation, preimplantation genetic screening, preimplantation genetic diagnosis, in vitro maturation of oocytes (IVM), and magnetic-activated cell sorting (MACS).
- ARC International Fertility and Research Center, Chennai
It was established in 2004. This IVF center has branches in Tamil Nadu, Pondicherry, Kerala, Andhra Pradesh, West Bengal, Sri Lanka, Malaysia, and Canada. The center provides care through fertility specialists with a unique ARC success program.
List of major IVF Centres in India
- Iswarya Women’s Hospital & Fertility Centre – Chennai
This is the best IVF centre in Chennai established in 1986. The hospital has multi-speciality in woman health needs including maternity, gynaecologist, infertility and neonatal care. The centre is well-equipped to handle high risk women conditions at an affordable price.
- Aveya IVF and Surrogacy Centre – Delhi
They follow innovative IVF protocols but they have got mastery in Organic IVF or Natural Cycle IVF. Assisted Reproductive Technology (ART) lab and world class IVF doctors are the highlights of this hospital. Natural ovulation (drug over the years free) induction process is comparatively cheaper and has got good results
- IVF Spring Fertility Centre – Mumbai
It was established in 2014. IVF Spring Fertility centre in Mumbai is setting a new benchmark in the field of infertility treatment. The center is renowned for treating celebrities and business tycoons in the past couple of years. The advanced ART (Assisted Reproductive Technology) lab, the best embryologist, and good support staff are the key highlights of this center.
- Indira IVF Centers
It started in 1988 in Udaipur Rajasthan, it is the first to introduce the concept of a closed working chamber for a higher rate of IVF success rate.
- Ferticity Fertility Clinic
It is India’s 1st Independent NABH Accredited IVF Centre. It is the best IVF and infertility treatment centre located in Malviya Nagar, South Delhi.
- Gunasheela IVF Center, Bengaluru
It was established in 1985. The IVF center claims to have treated around 60,000 couples, and delivered 20,000 babies in 41 years. They offer treatments such as IUI, IVF, ICSI, IVM, blastocyst transfer, frozen embryo transfer, assisted laser hatching, preimplantation genetic screening, and preimplantation genetic diagnosis.
- Prashanth Fertility and Research Center, Chennai
It was founded in 2001 to provide reproductive and endocrine care. It claims to offer personalized care and advanced facilities to its patients. The fertility treatments they provide include IUI, IVF, ICSI, laser-assisted hatching, hi-tech IVF, embryo transfer, donor and surrogacy program, etc. The center also offers pregnancy and pediatric care.
CONCLUSION
Challenges remain in the IVF market, including the high cost of treatment, ethical concerns, and the need for better regulations and guidelines to ensure the safety and well-being of patients. These factors may impact the market growth to some extent.
Overall, the IVF market in India is poised for continued expansion in 2023, driven by factors such as government support, technological advancements, increasing awareness, and changing societal attitudes. With ongoing developments and improvements in the field of reproductive medicine, the IVF market is expected to provide hope and options to couples struggling with infertility, contributing to the overall growth and well-being of the healthcare industry in India.
Above is the superficial and macro level study for in-depth market and financial feasibility studies or any other healthcare-related research needs, please feel free to reach out to us at +91-8655170700 or email us at hospaccx.india@gmail.com . Our team is equipped to provide comprehensive and detailed insights tailored to your specific requirements.
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