India Assisted Reproductive Technology Market Size & Outlook
India assisted reproductive technology market, 2018-2030 (US$M)
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India assisted reproductive technology market highlights
- The India assisted reproductive technology market generated a revenue of USD 1,135.4 million in 2023 and is expected to reach USD 1,963.4 million by 2030.
- The India market is expected to grow at a CAGR of 8.1% from 2024 to 2030.
- In terms of segment, in vitro fertilization (ivf) was the largest revenue generating type in 2023.
- Artificial Insemination is the most lucrative type segment registering the fastest growth during the forecast period.
Assisted reproductive technology market data book summary
| Market revenue in 2023 | USD 1,135.4 million |
| Market revenue in 2030 | USD 1,963.4 million |
| Growth rate | 8.1% (CAGR from 2023 to 2030) |
| Largest segment | In vitro fertilization (ivf) |
| Fastest growing segment | Artificial Insemination |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | In Vitro Fertilization (IVF), Artificial Insemination |
| Key market players worldwide | Micromem Technologies Inc, CooperSurgical, FUJIFILM Holdings Corp, Vitrolife AB ADR, European Sperm Bank, Merck KGaA, Ferring, Bloom IVF |
Other key industry trends
- In terms of revenue, India accounted for 4.1% of the global assisted reproductive technology market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan assisted reproductive technology market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,963.4 million by 2030.
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Assisted Reproductive Technology Market Scope
Assisted Reproductive Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
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India assisted reproductive technology market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to assisted reproductive technology market will help companies and investors design strategic landscapes.
In vitro fertilization (ivf) was the largest segment with a revenue share of 93.09% in 2023. Horizon Databook has segmented the India assisted reproductive technology market based on in vitro fertilization (ivf), artificial insemination covering the revenue growth of each sub-segment from 2018 to 2030.
In recent years, infertility rate in the country has gone up by 20% to 30%. Improvement in economic conditions and increase in awareness have boosted the adoption of IVF treatments in the country.
Changing lifestyle & dietary habits leading to an increase in the prevalence of obesity and acceptance of alcohol & smoking among Indian women are some of the major factors responsible for the decline in fertility rates in the country.
The Indian Council of Medical Research (ICMR) drafted the Assisted Reproductive Technologies Bill in 2010. Since then, government bodies have been providing suggestions to make provisions for keeping a check on ethical issues.
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Our clientele includes a mix of assisted reproductive technology market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the India assisted reproductive technology market , including forecasts for subscribers. This country databook contains high-level insights into India assisted reproductive technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India assisted reproductive technology market size, by type, 2018-2030 (US$M)
India Assisted Reproductive Technology Market Outlook Share, 2023 & 2030 (US$M)
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