Infertility is a growing health problem all over the world, especially in developing countries. India being one of the countries to report a significant number of couples suffering from infertility, observes the rise in providing infertility treatment.
With surging numbers of infertility couples, the problem has become a public health concern. Apart from biological factors, various other potential causes can adversely impact the couple’s ability to reproduce. However, humans have
The supply in the market is directly linked with demand in the market. To learn the reasons behind the rise in the market size of infertility treatment, it is critical to understand the severity of infertility and the underlying causes.
To begin with, let us understand infertility. Infertility is defined as the inability of a couple to get pregnant after regular unprotected sex for a year or more. There are two types of infertility –
- Primary infertility
It is a condition when the couple has never conceived or achieved pregnancy.
- Secondary infertility
It is a condition when at least one prior pregnancy is achieved.
Driving Factors for Growth of the Fertility Treatment Market
- According to the National Family Health Survey, secondary fertility increased by 9.1% from 1992-93 to 2015-16. The overall infertility rate increased to 25.3% in 2005-06 from 22.5% in 1992-93. There has been a rapid increase in infertility and a decline in the total fertility rate between 2005-06 and 2015-16.
- India is a diverse country with different customs, rituals, traditions, lifestyles, etc. The difference may be observed within the state every couple of miles. Due to its geography, population, wide terrain, and economy, the healthcare facility drastically varies.
- Lifestyle factors such as excess physical work, alcohol consumption, smoking, sedentary life, etc are linked to infertility. A poor lifestyle is a seed that gives birth to various metabolic disorders that commonly include obesity, high blood sugar levels, and high blood pressure. All these health problems impact the ability of a couple to achieve pregnancy.
- Biological factors that include problems associated with reproductive health such as ovulation, sperm count, certain therapies, etc. Reproductive health issues are one of the most common causes of infertility that can be prevented and treated.
- Most of the women from middle socio-economic strata have no or low knowledge about fertility or the critical factors for infertility. Many couples are not aware of available treatment for infertility.
- According to the study done by ICMR, up to 5% of infertility cases are due to factors that cannot be prevented. Whereas major cases of infertility can be prevented.
- With the rise in the rate of infertility, the fertility market is still not equipped to provide infertility treatment.
- The high cost of fertility treatment makes it unaffordable for many and this restricts the growth of the market but also leaves a scope to rise.
- The leniency and/or introduction of new laws to avail fertility services positively impact the rise of the market size of infertility treatment.
- The advancing technology and improved accessibility of health care provision a driving factors for the market growth of fertility treatment. The growth in technology in assisted reproduction can grow the global market at 8.2% CAGR from 2023 to 2030.
- There is a significant rise in the Ayurvedic approach to infertility treatment. Ayurvedic treatment can manage the common causative factors of infertility such as hormonal imbalance, PCOS, low sperm count, ovulation problems, fallopian tube blockage, etc.
- The rise in the market of infertility treatment through Ayurveda is a result of its holistic approach. Detoxification, boosting the immune system through diet modification and lifestyle management have helped couples achieve pregnancy.
India is a populous country, there is a growing concern about infertility. The future of the market size of infertility treatment is promising. The growing awareness of Ayurveda in infertility can help prevent infertility and also help achieve pregnancy naturally. Whereas, advancing technology is a boon that can help couples achieve pregnancy in complicated cases.