As­sisted Re­pro­duc­tion sees a Su­perb Growth in In­dia and World

Alive - - Reproduction -

As­sisted Re­pro­duc­tive Tech­nol­ogy (ART) has grown ex­po­nen­tially in the last few years and is now more and more avail­able to peo­ple from mid­dle class even across the world, in­clud­ing In­dia also. In­dia is poised to be the leader in the world of As­sisted Re­pro­duc­tion with rapid growths in the num­ber of ART cen­ters in al­most all the big cities of In­dia. ART to­day is a 30 bil­lion dol­lar in­dus­try in In­dia with over 3000 clin­ics across the coun­try.

As per Trans­parency Mar­ket re­search, the global as­sisted re­pro­duc­tive tech­nol­ogy mar­ket, that in­clude in vitro fer­til­iza­tion, em­bryo do­na­tion and ge­netic en­gi­neer­ing, is ex­pected to be worth 37,790 mil­lion dol­lar by the end of 2025 from 22,100 mil­lion dol­lar in 2016. Be­tween the fore­cast years of 2017 and 2025, the global mar­ket is ex­pected to rise more than 7%. The fresh non donor seg­ment ac­counted for a lead­ing share in the global as­sisted re­pro­duc­tive tech­nol­ogy mar­ket in 2016 and is likely to re­main sim­i­larly dom­i­nant in the com­ing years also. Ge­o­graph­i­cally, Asia Pa­cific, in­clud­ing Ja­pan and South Ko­rea is the lead­ing con­trib­u­tor to the global as­sisted re­pro­duc­tive tech­nol­ogy mar­ket.

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