Why the market size of infertility treatments is increasing - Dr. Chanchal Sharma

Fri, 03 Feb 2023 05:09 PM (IST)
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Why the market size of infertility treatments is increasing - Dr. Chanchal Sharma
Why the market size of infertility treatments is increasing - Dr. Chanchal Sharma
Infertility is a relatively common problem in today's era. According to one survey, 10% to 15% of Indian couples have infertility. Furthermore, 27.5 million Indian couples want babies but are unable to conceive them naturally, according to a 2015 estimate.
The global fertility rate is progressively reducing due to a variety of issues, including a rise in late marriages, decreased egg quality, blocked tubes, and an increase in age-related infertility. Because of the dropping fertility rate, there has been a considerable increase in demand for infertility treatment solutions that define the reproductive window in males and females. The global infertility treatment market is expected to grow at a rate of 9.9% annually, from $1.52 billion in 2022 to $1.67 billion in 2023. As a result, people choose other treatment options, which offer multiple market opportunities.
Infertility Treatment Has Become A Business
Almost every household in India is aware of the thriving infertility treatment industry. According to the World Economic Forum, the desired fertility rate is 2.1 to replace a generation; however, it was only 1.6 in 2020, which was below average. Furthermore, fertility rates have been declining globally for the previous 70 years, with a 50% drop expected in 2022. As a result, the reduction in fertility rates is fueling the expansion of the infertility treatment industry. And the development of infertility clinics on the streets of our country's largest and smallest communities is the primary reason for this.
According to another research, the India fertility rate has increased by 20% in the previous five years. The Indian breeding business was valued at $746 million in 2021 and is predicted to grow to $1,453 million by 2027. Between 2021 and 2028, the market for fertility treatment services is predicted to expand $2.3 billion in the world.
Reasons for the Country's Growing Infertility Treatment Market
A technological innovation trend is gaining pace in India's infertility treatment market. "The frequency of infertility in India is steadily increasing," says Dr. Chanchal Sharma, a leading fertility specialist at Asha Ayurveda's Delhi clinic. The causes for the growth in infertility clinics are fallopian tube blockage, endometriosis, a drop in egg quality owing to age, excessive medication usage, a bad lifestyle, and occasionally other disorders such as autoimmune. Male infertility can be caused by low or poor-quality sperm, a poor diet, excessive alcohol and tobacco use, and a sedentary lifestyle.
People nowadays marry later in life and are increasingly turning to fertility clinics to avoid the lengthy and difficult adoption process. As a result, the global infertility treatment market is divided into three segments: product (equipment, media, and consumables); procedure (ART, artificial insemination, fertility surgeries, and other infertility treatment procedures that include drugs); and patient type (female infertility treatment and male infertility treatment).
As a result of these factors, the prevalence of infertility is increasing, leading to an increase in the use of ova and sperm donors in IVF and commercial surrogacy. Such women are not hired once, but in many cases. Consequently, not only is women's health threatened, but mental torture persists long after the adoption of the new law.
Possible to become a mother through Ayurveda
People who want to have children face heartbreak and social disgrace as a result of infertility. People will go to any length to satisfy their desperate want to have children. When faced with the problem of infertility, many people's first instinct is IVF. However, it has been found that in most cases of IVF, women are unable to become pregnant even after fertilization. And even after paying thousands, nothing happens. According to Dr. Chanchal Sharma, I recommend that you trust Ayurvedic medicine because it is far superior to costly IVF. In Ayurvedic, natural therapy without surgery is also possible, as in allopathic medicine with IVF.
A lot of the country's wealth stays in the same country where the patient obtains affordable, side-effect-free therapy and has higher success with Ayurvedic treatment. Because Ayurvedic knowledge, medication, goods, education, and practitioners are all Indian. Similarly, a lot of money leaves the country, even if it is unwelcome. As a result, Ayurvedic medicine benefits both the patient and the country.
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