India In Vitro Fertilization Market Size & Outlook

The in vitro fertilization market in India is expected to reach a projected revenue of US$ 1,815.6 million by 2030. A compound annual growth rate of 8% is expected of India in vitro fertilization market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,057.0
Forecast, 2030 (US$M)
$1,815.6
CAGR, 2024 - 2030
8%
Report Coverage
India

India in vitro fertilization market highlights

  • The India in vitro fertilization market generated a revenue of USD 1,057.0 million in 2023 and is expected to reach USD 1,815.6 million by 2030.
  • The India market is expected to grow at a CAGR of 8% from 2024 to 2030.
  • In terms of segment, frozen nondonor was the largest revenue generating procedure type in 2023.
  • Fresh Donor is the most lucrative procedure type segment registering the fastest growth during the forecast period.


In vitro fertilization market data book summary

Market revenue in 2023USD 1,057.0 million
Market revenue in 2030USD 1,815.6 million
Growth rate8% (CAGR from 2023 to 2030)
Largest segmentFrozen nondonor
Fastest growing segmentFresh Donor
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFresh Nondonor, Frozen Nondonor, Fresh Donor, Frozen Donor
Key market players worldwideBayer AG, Cook Medical, Merck KGaA, Ferring, FUJIFILM Holdings Corp, Genea Biomedx, Merck & Co Inc, The Cooper Companies Inc, Thermo Fisher Scientific Inc, Vitrolife AB ADR, Boston Scientific Corp, Nova IVF, Fortis Healthcare, RMA Network, TFP Fertility Group, US Fertility


Other key industry trends

  • In terms of revenue, India accounted for 4.2% of the global in vitro fertilization market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, Japan in vitro fertilization 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 1,815.6 million by 2030.

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In Vitro Fertilization Market Companies

Name Profile # Employees HQ Website

India in vitro fertilization 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 in vitro fertilization market will help companies and investors design strategic landscapes.


Frozen nondonor was the largest segment with a revenue share of 48.39% in 2023. Horizon Databook has segmented the India in vitro fertilization market based on fresh nondonor, frozen nondonor, fresh donor, frozen donor covering the revenue growth of each sub-segment from 2018 to 2030.


India experienced a remarkable increase in the demand for IVF services. This surge can be attributed to several factors, including delayed marriages, a rise in the average age of pregnancy, an increase in infertility rates, higher disposable income levels, and awareness about the availability of infertility treatments. 

The Indian fertility market witnessed a growth of 20% over the past 5 years, primarily driven by the increasing demand for IVF procedures. With a success rate ranging from 60% to 70%, IVF treatments played a significant role in this growth, attracting a growing number of individuals and couples seeking fertility solutions.

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Target buyers of India in vitro fertilization market databook

  • Our clientele includes a mix of in vitro fertilization market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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 in vitro fertilization market , including forecasts for subscribers. This country databook contains high-level insights into India in vitro fertilization market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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India in vitro fertilization market size, by procedure type, 2018-2030 (US$M)

India In Vitro Fertilization Market Outlook Share, 2023 & 2030 (US$M)

India in vitro fertilization market size, by procedure type, 2018-2030 (US$M)

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