Infertility has been recognized as a public health issue globally by the World Health Organization (WHO). IVF services in the Middle East were initiated in the mid 1980’s and were begun in the Kingdom of Saudi Arab is (KSA) in the 1986. In the addition, as per the U.S. national library of medicine, improvement of the IVF clinic in the Middle East Region is speedily than the Rest of World and even more than the European and North America regions. More than 70 centers are prevailing in Iran that more than 25 centers of them are in the capital or more than 110 centers are active in Turkey and Emirates, Egypt, Saudi Arabia and Jordan have the similar situations.
According to the report analysis, ‘MEA IVF Tools and Techniques Market: Current Analysis and Forecast (2021-2027)’ states that Cooper Surgicalinc, Vitrolife, Cook Medicalinc., Irvine Scientific, Thermo Fisher Scientific inc., Emd Serono inc., Genea Limited, Esco Micro Pte. Limited, Ivftech Aps and many more are the key companies which recently operating in the MEA IVF tools and techniques market more actively for leading the highest market growth and registering the great value of market share around the region while increasing the applications and specifications of such, establishing the several research and development programs, spreading the awareness connected to the benefits and specifications of such, implementing the policies and strategies of enlargement and profit making, analysing the strategies and policies of government as well as similar entities, improving the qualitative and quantitative measures of such, decreasing the linked prices, employing the young and active personnel and delivering the better consumer satisfaction.
The growth of the IVF tools and techniques market is projected to be propelled by aspects such as delayed pregnancies in women, augment in global infertility rates, technological advancement linked with IVF tools, augment in gamete donations, increment in disposable income, augment in success rate of treatment, and augment in healthcare expenditure around the region. However, aspects such as cost constraints linked with IVF procedures, complications linked with IVF treatment, and low awareness level of IVF services are projected to impede the growth of the IVF tools and techniques market. Conversely, increment in the fertility tourism, especially in emerging markets, increment in number of fertility clinics, and growth in same sex marriages are projected to deliver lucrative growth opportunities to the market players in the IVF tools and techniques market.
In addition, the IVF tools and techniques are being utilized at the several end-users. On the basis of end-user, the market is classified in the fertility and surgical centers, hospitals, and research clinics. The fertility and surgical centers sector captured the foremost market share and registered the market. However, the research clinic segments are projected to observe and exhibit growth throughout the review duration.
Not only has this, due to decreasing women’s fertility, increasing number of fertility treatment centers and several others. Also, existence of well-established players around the region and the growing seed funding for startups is adding the pace to the growth of the market in the region.
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Ankur Gupta, Head Marketing & Communications