Emerging Economies to Offer Significant Growth Opportunities for the Infertility Treatment Market

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Infertility is a condition where, a person is unable to reproduce by natural means. Treatment of the infertility depends on the cause of the condition. The various causes of infertility include sexually transmitted infections, genetic problems, DNA damage due to smoking, diabetes mellitus, and toxins such as chemical dusts, glues and pesticides. According to the Center for Disease Control and Prevention (CDC), there are around 6.9 million women aged 15-44 years, who have ever used infertility services. The global infertility treatment market is increasing significantly due to the changing lifestyle and exposure to harmful chemicals via pollution.
On the basis of procedure, the infertility treatment market is segmented into assisted reproductive technology (ART), artificial insemination, fertility surgeries, and other procedures such as egg freezing, sperm freezing, and embryo freezing. Assisted reproductive technology (ART) held the largest share of the market in 2016, due to the technological advancements and high prevalence of lifestyle disorders which is further leading to a decline in the fertility rate.
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Smoking is one of the major reasons for the decline in fertility rates and high prevalence of lifestyle disorders. According to the Center for Disease Control & Prevention (CDC), smoking kills more than 480,000 people every year in the U.S. Smoking reduces fertility in female ovocytes and in male sperm. As per the reports of World Health Organization (WHO), every year tobacco kills more than 7 million people worldwide. Thus, the various disorders caused by the smoking and decline in the fertility rate are driving the growth of the infertility treatment market.

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Healthcare industry is undergoing rapid changes in the emerging economies due to rising government expenditure, increasing number of hospitals, increase in the number of surgeries, and rising healthcare awareness. Emerging economies provide a suitable opportunity for the growth of the infertility treatment market. In emerging economies such as India, China, Brazil, and Mexico, government is increasingly spending on the healthcare. According to World Bank, Brazil spent 8.3% of $2.456 trillion GDP on healthcare in 2014. Similarly, China spent 5.5% of its GDP on healthcare, whereas, Mexico spent 6.3% of GDP on healthcare, in 2014.

Some of the key players in the infertility treatment market include Cooper Companies Inc., Cook Group Incorporated, Vitrolife AB, Genea Limited, Irvine Scientific, The Baker Company, Inc., IVFtech ApS, Esco Micro Pte. Ltd., Thermo Fisher Scientific, Inc., and Labotect GmbH.

Comments

  1. Aresti Jack31 March 2020 at 07:58

    Hello everyone my name is Aresti Jack i’m so grateful to Dr Idahosa for curing me completely from herpes virus . I was told i have herpes in 2013, i have been taking different kinds of medication still yet no improvement until i saw testimonies of Dr Idahosa curing Herpes, Diabetes, HIV and other disease i was skeptical about contacting him but i also knew the importance of herbal medicine, i made up my mind and contacted him we talked on phone and he prepared and gave me medicine which i took according to his dosage information. Now I’m so happy I’m cured from Herpes my heart is so filled with joy, thank you so much Dr Idahosa. If you are reading this and you have Herpes or any kind of disease contact him today Email:dridahosasolutioncenter@gmail.com mobile: +2348134261542. Website:https://dridahosasolutionc.wixsite.com/dridahosasolutioncen he cure listed diseases.
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