Medical Devices Industry News

The declining fertility rate, rising prevalence of delayed pregnancy, increasing disposable income, and growing awareness about in-vitro fertilization (IVF) treatment options are driving the IVF devices and consumables market. It gathered a revenue of $1.6 billion in 2016, and it is expected to grow at a 17.9% CAGR during the forecast period (2017–2023). The artificial fertilization of an ovum in a laboratory setting to be later implanted into the uterus is termed as in-vitro fertilization. The key driving factor for the IVF devices and consumables market is the rising infertility rate, worldwide. In developing nations, one in every four couples is affected by infertility. As per the World Bank, the fertility rate came down to 2.4 in 2015 from 4.7 in 1970. Smoking, which has a negative impact on health, is a major cause of infertility. Smoking reduces the chances of pregnancy in women by 50.0%. The Human Reproduction Journal of the Oxford Press said that about 7.7 million women will be...

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. Download Free Sample Copy of Report:  http://bit.ly/ivf-devices-and-consumables-market-b 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-im...