In-Vitro Fertilization (IVF) Devices and Consumables Sector to Experience Significant Growth

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The rising prevalence of delayed pregnancy, growing awareness about in-vitro fertilization (IVF) treatment, and declining fertility rates are positively influencing the IVF devices and consumables sector. The World bank revealed that the fertility rate, from 4.7 in 1970, came down to 2.4 in 2015. 
A major cause behind infertility is smoking, which reduces the chances of pregnancy by 50.0 percent. As per an Oxford Press journal, by 2025 about 7.7 million women will be diagnosed with infertility.

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The IVF devices and consumables sector is witnessing growth due to the improving success rate of IVF procedures, which is a result of the improvements in technology. Advanced technologies help in monitoring embryos without having to remove them from incubators to select the best one for implantation, as for a single IVF procedure, many embryos are cultured. Another technique, pre-implantation diagnosis is used for determining genetic abnormalities that may manifest after birth.

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