18 Mar
2014
In-vitro fertilization technique is also called IVF. It is a process/procedure by which an egg is fused with a sperm in a Petri dish. When the fertilization occurs, the IVF procedure is termed successful. Embryo transfer is a technique, which is combined with the IVF technique when fertilization of the gametes is successful; the embryo is then physically placed in the uterus. The procedure is invasive and requires continuous monitoring. There have been rise in the cases of infertility and hence, IVF has come to the rescue of such infertile couples by helping them to conceive. Since its inception, more than million births have taken place. No doubt, it acts a successful medium to conceive. Therefore, in coming years, IVF market would open many opportunities for investors, especially, in Asia Pacific region. Hence, latest report published by Allied market research stated that the IVF market in Asia Pacific region would reach $4.2 billion in 2020 at a CAGR of 17.1% during 2013 – 2020. As per the findings of report, IVF cycles performed in 2013 stood at 329.3 thousand. It is expected to reach 779.4 thousand in 2020.
Hospital and Fertility clinics are crucial to provide an effective IVF treatment. APAC IFV market has grown exponentially due to success of fertility centers. The IVF centers performed 161 thousand IVF cycles in 2012, whereas it is expected to reach 371 thousand in 2020, growing at a CAGR of 12.1% during 2013 – 2020
Akhilesh Prabhugaonkar
Author's Bio- Akhilesh Prabhugaonkar holds a bachelor’s degree in Electronics Engineering from the reputed Vishwakarma Institute of Technology. He has a special interest in the fields of forensics, world history, international relations and foreign policy, sports, agriculture, astronomy, security, and oceanography. An ardent bibliophile and melophile, Akhilesh loves to write on topics of his interest and various other societal issues. This love for writing made him enter the professional world of content writing and pursue his career in this direction.
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