India in Vitro Fertilization (IVF) Services Market Size Likely to Grow at a CAGR of 16.23% By 2034

As per the current market research conducted by the CMI Team, India in Vitro Fertilization (IVF) Services Market Size is expected to record a CAGR of 16.23% from 2025 to 2034. In 2025, the market size is projected to reach a valuation of USD 1,410.11 Million. By 2034, the valuation is anticipated to reach USD 4,915.01 Million.

in Vitro Fertilization (IVF) Services Market: Overview

According to industry experts at CMI, In vitro fertilization services refer to medical procedures and treatments designed to assist individuals or couples in achieving pregnancy. India’s IVF services market is being driven by several factors such as increasing infertility rates, growing awareness regarding infertility treatments, favorable demographics, advancement in technology, government support and regulatory improvements, rise in medical tourism, shift in social norms, increasing urbanization and lifestyle changes and others. However, the high cost of treatment and lack of awareness in rural areas are expected to flourish the industry expansion over the forecast period.

in Vitro Fertilization (IVF) Services Market: Growth Factors and Dynamics

Evolution of advanced technology

Continuous improvements in IVF technology are driving significant industry expansion. Significant developments are providing the market with profitable growth opportunities. These include advancements in embryo culture systems, time-lapse imaging for embryo selection, pre-implantation genetic testing methods like next-generation sequencing, and the rise of artificial intelligence applications for predicting embryo viability.

In the area of treating infertility, Indira IVF, for instance, is advancing technology significantly. From effectively managing patient information from the very beginning to effortlessly integrating technology into several therapy procedures, technological improvements are used throughout the whole treatment process. These developments highlight the dedication to using technology to improve patient outcomes and overall success.

Rapid urbanization and changes in the lifestyle of the population

India’s rapid urbanization and lifestyle change have a prominent factors in the industry development. Delays in marriage and children have been caused by rising concerns related to career goals. Infertility is due to increasing mother age. Additionally, sedentary lifestyles, long work hours, and high-stress employment all hurt fertility. The increasing prevalence of ovulatory dysfunction, hormonal abnormalities, and decreased sperm quality is fueling the need for reproductive therapies.

Lack of awareness in rural areas

The lack of awareness in rural areas is acting as a major challenge for the industry growth. Rural areas won’t need advanced treatments like IVF as many people believe infertility on fate, spirituality, or superstitions rather than medical issues. Furthermore, infertility is sometimes viewed as a taboo subject in rural communities.

Report Scope

India IVF SERVICES Market: New Launches and Acquisitions

• In May 2024, Birla Fertility and IVF, a part of the CK Birla group announced the acquisition of an 86% stake in Kerala-based fertility chain AMRC IVF for an undisclosed amount.

List of the prominent players in the in Vitro Fertilization (IVF) Services Market:

• ART Fertility Clinics
• Bavishi Fertility Institute
• Craft Hospital & Research Centre
• Thomas Fertility Center/Chennai Fertility Centers
• Gunasheela Hospital
• Iswarya fertility Center
• Lifeline Hospitals
• Nova IVI Fertility
• Oasis Centre
• Others

The in Vitro Fertilization (IVF) Services Market is segmented as follows:

By Gender

• Male Infertility
• Female Infertility
• Others

By Procedure

• ICSI IVF
• Non-ICSI IVF
• IUI

By Cycle Type

• Fresh IVF Cycles
• Thawed IVF Cycles
• Donor Egg IVF Cycles

By End User

• Fertility Clinics
• Hospitals
• Surgical Centers
• Clinical Research Institutes

By Offering

• IVF Drugs
• IVF Media and Reagents
• IVF and IUI Services