The global In Vitro Fertilization (IVF) market is experiencing robust growth, driven by a confluence of significant factors.

Market Size

• The global IVF market size was valued at ₹ 2.5436 Trillion in 2024.

• This market is projected to exhibit a significant Compound Annual Growth Rate (CAGR) of 8.80% during the forecast period (2024–2034).

• By 2034, the market is anticipated to reach a substantial ₹ 5.91 Trillion.

Key Market Drivers

• Rising Infertility Rates : Globally, infertility rates are steadily increasing. This can be attributed to several factors, including:

• Delayed Childbearing : Couples are increasingly delaying parenthood, often due to career advancements and other personal aspirations. However, female fertility naturally declines with age, increasing the likelihood of infertility.

• Lifestyle Factors : Factors such as obesity, smoking, excessive alcohol consumption, and exposure to environmental toxins can significantly impact fertility in both men and women.

• Increasing Prevalence of Chronic Diseases : The rising prevalence of chronic diseases, such as diabetes, endometriosis, and certain autoimmune disorders, can also contribute to infertility.

Technological Advancements

Continuous advancements in IVF techniques are driving market growth. These include:

• Improved Embryo Culture Media : More sophisticated media that better mimic the in vivo environment enhance embryo development and improve success rates.

• Time-Lapse Imaging : Allows for continuous monitoring of embryo development, providing valuable insights into embryo viability and selection.

• Preimplantation Genetic Testing (PGT) : Enables the identification of chromosomal abnormalities and genetic diseases in embryos before implantation, increasing the likelihood of a successful pregnancy and reducing the risk of transmitting genetic disorders.

• Minimally Invasive Techniques : Advancements in techniques like minimally invasive egg retrieval and embryo transfer enhance patient comfort and reduce procedure-related risks.