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BW Businessworld

The Growing Business Of IVF

The mounting infertility because of sedentary lifestyles is making them hinge on on such options

Photo Credit : Shutterstock

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Being a parent is one of the most exhilarating and elating feelings in the world with numerous ups and downs throughout the journey but not all are blessed and capable enough to become parents naturally and this where the method of IVF or the In-Vitro Fertilization is adopted. 

In-Vitro Fertilization is a ray of hope for all those who are having a tough time in conceiving due to various parameters. Undoubtedly, the increased infertility rate in India has been a host to the flourishing business with such methods and practices which can help in the conception of the baby and completion of happy families. 

Grounds of Infertility
The youth of the country is unquestionably very career oriented and overlooks the concept of family planning during the principal years of their lives and are overblown by their professions and long hours of work culture. This thing is often leads them to getting married a little later than their ideal ages of marriage which in turn leads to decreased libido and increased stress thereby reducing their fertility levels. 

Another, very important reason for infertility is the stationary lifestyles and bad habits like smoking and alcohol along with erratic dietary supplements and exercises. Being underweight and overweight both are a pest while trying to conceive and also the hormonal changes in the body, worsen the situation. 

Infertility could also be blocked fallopian tubes, ovulation disorders, problems with delivery of sperms and even over exposure to several environmental factors. 

IVF Business in India
As discussed, this business in India is definitely on a rise and is catering to the ever growing population. Not only people from all over India but there are a plenty of international clients present in the Indian IVF Market. The success rate is as high as 60-65% with best quality drugs and rates. Indian IVF Market offers world class mechanism with monitored labs under suitable temperatures and best in class services within affordable rates. 

The increased penetration of such a business in the country is also because of the eradication of the orthodox and stereotype thoughts and removal of the taboo and stigma associated with the IVF, Surrogacy and related processes. 

The clearing of Surrogacy Regulation Bill, 2016 by the Union Cabinet, Assisted Reproductive Technology (Regulation) Bill-2017 and decriminalization of Section 377 of the Indian Penal Code shall also promote these processes in a long run. Therefore, the boundless intensifying and swelling of the IVF Industry has no limits and shall surely excel its way to the sky. 

Concluding
The Indian IVF market has surely seen development and evolution with advancing technologies and mechanisms and has been seeing an upsurge by leaps and bounds and shall continue to do so in the coming years. The mounting infertility because of sedentary lifestyles is making them hinge on on such options.

Disclaimer: The views expressed in the article above are those of the authors' and do not necessarily represent or reflect the views of this publishing house. Unless otherwise noted, the author is writing in his/her personal capacity. They are not intended and should not be thought to represent official ideas, attitudes, or policies of any agency or institution.


Tags assigned to this article:
infertility treatment IVF market opinion

Dr Saarthak Bakshi

The author is CEO, International Fertility Centre

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