India Fertility Services Market: Current Analysis and Forecast (2024-2032)
Emphasis on Service Type (Assisted Reproductive Technology (ART), {In-Vitro Fertilization (IVF), Intrauterine Insemination (IUI), Intracytoplasmic Sperm Injection (ICSI)}, Egg & Sperm Donation Services, Surrogacy, Others); Patient Base (Domestic Demand, Medical Tourism); End User (Hospitals, Fertility Clinics, Cryobanks, and Research Institutes); Region
India Fertility Services Market Size & Forecast
The India Fertility Services Market was valued at USD 930 Million in 2023 and is expected to grow at a strong CAGR of around 16% during the forecast period (2024-2032) owing to the increased infertility due to lifestyle changes, stress, late marriages, and medical conditions.
India Fertility Services Market Analysis
Fertility care can be defined as a medical field that is aimed at providing services that make pregnancy possible for people and couples who have some difficulties in conceiving. These include IVF, IUI, ICSI, sperm and egg donation, surrogacy, cryopreservation among others. As the cases of infertility have also risen scape of infertility services are inevitable in the present age as a result of certain lifestyle changes, delayed parenthood, and medical issues through the help of ART
To increase the market share of the India fertility services market the companies are focusing on increasing clinic facilities in tier-II and III cities also, introducing artificial intelligence and big data analysis for individual treatments and improving affordability by introducing EMI options and health insurance. They also partner with centers in other parts of the world in technology acquisition, utilize sophisticated methods such as genetic screening in selecting the best embryos and use of web and telemedicine in educating patients. These are increasing population’s accessibility, affordability, and rates of success, leading to the expansion of the market.
Recent Developments in the Market
- For instance, in February, 2025, Birla Fertility & IVF, India’s third-largest in-vitro fertilization (IVF) network, expanded beyond India, targeting ASEAN and West Asian markets in the next two to three years. This move aligns with the company’s aggressive domestic expansion, where it plans to double its centres across India from the current 50 centres to 100 centres backed by an investment of ₹500 crore.
- Recognising the growing demand for fertility treatments, particularly in smaller cities, the company is focusing its domestic expansion efforts on tier-2 and tier-3 cities. This strategic push is aimed at making fertility treatments more accessible to couples across India.
India Fertility Services Market Trends
This section discusses the key market trends that are influencing the various segments of the India Fertility Services market, as identified by our team of research experts.
AI-Driven Fertility Treatments Transforming Industry
The India fertility services industry is undergoing a transition due to the adoption of various forms of artificial intelligence in fertility treatments including IVF assisted by AI selected embryos which, in turn, help in higher chances of IVF success using AI. Several healthcare clinics are now using artificial intelligence features particularly the machine learning algorithm to analyze patient data and provide the best treatment plan as well as improving the degree of personalization. Processing and application of results is progressing with the help of AI in imaging, genetic diagnostics, and rapid and effective laboratory technologies. It is also making remote consultations, telemedicine and digital fertility tests enhancing the patient’s experience. With the advancement of AI integration, the market is experiencing, high adoption rate, cheaper propositions, and better patient satisfaction which are the key drivers of the future growth.
In November 2024, SpOvum announced the launch of its advanced AI-powered platform, SpOvum ARTGPT, aimed at revolutionizing patient interaction in the field of assisted reproductive technology (ART). This way the ARTGPT incorporates natural language processing (NLP) whereby the patient always receives instant conversational answers outside clinic practice. Regarding the multilingual support, the SpOvum ARTGPT can be utilized by a broad number of users across India owing to compatibility with Hindi, Kannada, Tamil, Telugu, Bengali, and other languages.
In October 2022, Bloom IVF Group started using Artificial Intelligence (AI) technology across its clinics, helping patients get pregnant faster and affordably. The group has its clinics in Delhi, Faridabad, Gurugram, Indore, Kolkata, Lucknow, Mumbai, Nagpur, and Navi Mumbai. Life Whisperer, the AI system from Presagen that Bloom IVF has deployed, analyzes the images of patient embryos. The system assesses the quality of the embryos, helping the embryologist identify the embryo that will most likely lead to a successful outcome.
North India Leads the Market
Urban districts of North Indian state, especially Delhi-NCR, Punjab and Haryana regions, are endowed with high level of awareness, advanced healthcare services, and soared infertility rates. The role of leading fertility clinics, AI-based reproductive technologies, as well as specialized ART center stations has boosted the adoption rate. This has made the focus of expansion to Tier II cities because of the increasing call on affordable IVF as well as fertility financing. Moreover, increasing trends for frozen eggs and embryo services are also favoring the market more than in the rural areas.
For instance, on November 11, 2024, India IVF secured USD 1.25 million in pre-Series A funding from Tomorrow Capital, a USD 100 million venture capital fund dedicated to supporting early-stage, transformative consumer healthcare businesses. This equity funding is India IVF’s first external fund since its ten-year exclusive operations across five north Indian centers with clinics in Delhi NCR and Srinagar.
India Fertility Services Industry Overview
The India Fertility Services market is competitive and fragmented, with the presence of several country market players. The key players are adopting different growth strategies to enhance their market presence, such as partnerships, agreements, collaborations, new product launches, geographical expansions, and mergers and acquisitions. Some of the major players operating in the market include Indira IVF Hospital Private Limited, Nova IVF, ISWARYA Fertility Center, CK Birla Healthcare Pvt. Ltd., Cloudnine Fertility, Oasis Fertility, Apollo Fertility (Apollo Specialty Hospitals Pvt. Ltd.), Seeds of Innocens, Gaudium IVF and Women Health Limited., Neelkanth Fertility and Women Care Hospital Private Limited.
India Fertility Services Market News
- In September 2024, MGM Healthcare announced the launch of its cutting-edge In-Vitro Fertilization (IVF) services. The newly established ‘Varam IVF centre’ at MGM Healthcare aims to provide advanced fertility treatments and personalized care, bringing together specialists with state-of-the-art technology and extensive ancillary services all under one roof.
- In July 2024, Ministry of Health and Family Welfare launched India’s official portal for Medical Value Travel (MVT) for those who want to avail medical treatment in India. This portal helps streamline the information and patient journey of international medical travellers to India.
India Fertility Services Market Report Coverage
Report Attribute | Details |
Base year | 2023 |
Forecast period | 2024-2032 |
Growth momentum | Accelerate at a CAGR of 16% |
Market size 2023 | USD 930 Million |
Regional analysis | North India, South India, East India, and West India |
Major contributing region | West India is expected to grow at the highest CAGR during the forecasted period. |
Companies profiled | Indira IVF Hospital Private Limited, Nova IVF, ISWARYA Fertility Center, CK Birla Healthcare Pvt. Ltd., Cloudnine Fertility, Oasis Fertility, Apollo Fertility (Apollo Specialty Hospitals Pvt. Ltd.), Seeds of Innocens, Gaudium IVF and Women Health Limited., Neelkanth Fertility and Women Care Hospital Private Limited. |
Report Scope | Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Demand and Supply Side Analysis; Competitive Landscape; Company Profiling |
Segments Covered | By Service Type; By Patient Base; By End User; By Region |
Reasons to buy this report:
- The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
- The report presents a quick review of overall industry performance at one glance.
- The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolios, expansion strategies, and recent developments.
- Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
- The study comprehensively covers the market across different segments.
- Deep dive regional level analysis of the industry.
Customization Options:
The India Fertility Services Market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.
Table of Contents
Research Methodology for the India Fertility Services Market Analysis (2024-2032)
Analyzing the historical market, estimating the current market, and forecasting the future market of the India Fertility Services market were the three major steps undertaken to create and analyze the adoption of India Fertility Services in major states. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the India Fertility Services market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertaining to detailed methodology is explained below:
Analysis of Historical Market Size
Step 1: In-Depth Study of Secondary Sources:
A detailed secondary study was conducted to obtain the historical market size of the India Fertility Services market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.
Step 2: Market Segmentation:
After obtaining the historical market size of the India Fertility Services market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as service type, patient base, end user, and regions. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.
Step 3: Factor Analysis:
After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the India Fertility Services market. Further, we conducted factor analysis using dependent and independent variables such as the service type, patient base, end user, and regions of the India Fertility Services market. A thorough analysis was conducted of demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in India Fertility Services market sector across the country.
Current Market Size Estimate & Forecast
Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the India Fertility Services market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.
Estimation & Forecasting: For market estimation and forecast, weights were assigned to varied factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., the top-down/bottom-up approach were applied to arrive at the market forecast 2032 for different segments and sub-segments across the major markets in India. The research methodology adopted to estimate the market size encompasses:
- The industry’s market size, in terms of revenue (USD) and the adoption rate of the India Fertility Services market across the major markets domestically
- All percentage shares, splits, and breakdowns of market segments and sub-segments
- Key players in the India Fertility Services market regarding products offered. Also, the growth strategies adopted by these players to compete in the fast-growing market.
Market Size and Share Validation
Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.
Split of Primary Participants in Different Regions
Market Engineering
The data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the India Fertility Services market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of the service type, patient base, end user, and regions in the India Fertility Services market.
The main objective of the India Fertility Services Market Study
The current & future market trends of the India Fertility Services market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a state level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:
- Analyze the current and forecast market size of the India Fertility Services market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments.
- Segments in the study include areas of service type, patient base, end user, and regions.
- Define and analyze the regulatory framework for the India Fertility Services
- Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.
- Analyze the current and forecast market size of the India Fertility Services market for the major region.
- Major Regions in India studied in the report include North India, South India, East India, and West India.
- Company profile of the India Fertility Services market and the growth strategies adopted by the market players to sustain in the fast-growing market.
- Deep dive state-level analysis of the industry
Frequently Asked Questions FAQs
Q1: What is the current market size and growth potential of the Indian Fertility Services market?
The India Fertility Services market was valued at USD 930 Million in 2023 and is expected to grow at a CAGR of ~16% during the forecast period (2024-2032).
Q2: What are the driving factors for the growth of the India Fertility Services market?
The rising infertility rates, increase in awareness and acceptance of infertility, expansion in access to fertility treatments and acceptance of assisted reproductive technologies, medical tourism growth, rising disposable incomes, and expanding healthcare infrastructure is driving the India fertility services market.
Q3: Which segment has the largest share of the India Fertility Services market by service type?
The Assisted Reproductive Technology (ART) segment has the largest share of the India Fertility Services market by service type.
Q4: What are the trends in the India Fertility Services market?
Rising demand of home-based fertility solutions and AI-driven fertility treatments are a major trend of the market.
Q5: Which region will dominate the India Fertility Services market?
North India is expected to dominate the market.
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