“India’s IVF market is poised to register an impressive growth at a CAGR of 14% in the near future” says RNCOS.
Noida, UP -- (SBWIRE) -- 03/14/2014 -- India is fast emerging as the hub for IVF and surrogacy as the country’s market value is estimated to reach INR 14.2 Billion and is anticipated to register a compounded annual growth rate of 14% approximately, over the next 5 year period. The key factors driving the market growth are likely to include the increasing infertility problem on account of changing lifestyle and delayed pregnancy terms; increasing number of IVF clinics and their collaboration with multispecialty hospitals; and the innovation and development of novel tools and technologies assisting the IVF process.
Research Analysis & Highlights
On the holistic basis, the “Booming IVF Market in India”, report thoroughly discusses the IVF procedure in general; the penetration of IVF clinics in India in terms of region, structure, IVF cycles and PGD facility; the future outlook of IVF in India in terms of value; the laws and bylaws associated with the industry; industry trends; and a detailed competitive scenario of the industry along with the profiles of key service providers.
With new service providers entering the market, increase in the number of collaborations between chains/independent clinics and renowned healthcare providers and hospital, and the rapid acceptance of IVF for dealing with reproduction problem, the Indian IVF market is bound to witness a gush in terms of growth in the years to come.
Some of the key findings of the report are:
- Indian IVF industry is unregulated; ART bill still pending at parliament
- Southern India has a very high percentage of infertile population
- Eastern region has lowest penetration of IVF clinics
For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM651.htm
Check Related REPORTS on: http://www.rncos.com/Healthcare_Industry.htm
RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.