A recent research study by MarkNtel Advisors cites that the UAE In Vitro Fertilization (IVF) Market is set to record around 14.12% CAGR during 2022-27. The growing prevalence of infertility among both men & women, rising obesity & PCOS patients, late pregnancies, & the increasing success rates of IVF are the prime factors driving the in vitro fertilization industry in the UAE.
The exponentially rising male infertility instances in the UAE are due to the rapid rise in lifestyle diseases, such as psychological stress, diabetes, hypertension, & genital injuries, among others. Both the government & private companies are massively investing in enhancing the healthcare infrastructure of the country, i.e., leading to the mounting influx of medical tourists in the country for IVF treatment.
Furthermore, the launch of a digital platform by the Department of Health Abu Dhabi & the Department of Culture & Tourism to provide all offerings related to fertility/infertility treatments in order to cater to various queries & requirements of international patients is also creating new directions for the companies operating in the UAE In Vitro Fertilization Market to witness lucrative growth prospects in the years to come.
With Specialized Assistance & Cost-Effectiveness, Fertility Units Dominate the UAE In Vitro Fertilization Market
With increasing healthcare infrastructural developments in the UAE to cater to the growing requirements of infertile patients for IVF procedures, fertility units are experiencing an increasing patient footfall than hospitals & surgical centers. These centers are solely determined for the IVF procedures & have specialized staff to inform & educate parents about the physical & emotional changes that are required to be stabilized during the treatment. Moreover, benefits like cost-effectiveness and minimal or no chances of HAIs (Hospital-Acquired Infections) in fertility clinics are other notable aspects driving the UAE In Vitro Fertilization Market.
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Competitive Landscape
The major companies in the UAE In Vitro Fertilization (IVF) Market include CooperSurgical Fertility, Vitrolife, Esco Medical, Merck Group, Microptic Automatic Diagnostic Systems, Al Hayat Pharmaceuticals, Biomerieux, & Eppendorf, among others.
Key Questions Answered in the Research Study:
Market Segmentation:
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