In vitro fertilization (IVF) has become a widely accepted and popular fertility treatment among couples who are struggling to conceive.

In recent years, the number of IVF births has seen a significant increase, reaching a staggering 2.4 million worldwide in a 6 year period. The advancements in technology and increased access to this fertility treatment have resulted in more couples becoming parents.

What is IVF?

In vitro fertilization, also known as IVF, is a process where an egg is fertilized outside the body, in a laboratory, and then implanted into the woman’s uterus for pregnancy.

The process usually involves ovarian stimulation, egg retrieval, fertilization, and embryo transfer.

IVF Success Rates

The success rate of IVF varies depending on various factors such as the woman’s age, infertility diagnosis, and previous pregnancies.

According to the American Society for Reproductive Medicine (ASRM), the success rate for IVF ranges between 40-50% for women under the age of 35. However, the success rate decreases with the increasing age of the woman, dropping down to 10-20% for women over the age of 40.

IVF Trends in the World

The use of IVF has significantly increased worldwide. According to the International Committee for Monitoring Assisted Reproductive Technologies (ICMART), the worldwide birth rate of IVF babies increased from 1.2 million in 2008 to 2.4 million in 2014.

This represents a 100% increase in just six years.

IVF Industry Growth

The growth in IVF has also led to the expansion of the IVF industry. The fertility clinics offering IVF treatments have increased dramatically in numbers. The global market for IVF has been estimated to reach $36.2 billion by the year 2026.

In 2019, the global market was valued at $15.9 billion.

Factors Contributing to the Growth of IVF

The growth in the IVF industry can be attributed to several factors, including society’s increasing acceptance of IVF, advancements in medical technology, and increased public awareness of infertility issues.

Additionally, the rise in reproductive tourism and the affordability of IVF treatments also play a significant role in the growth of the industry.

The Cost of IVF

The cost of IVF varies greatly depending on the geographic region, infertility diagnosis, and the treatment protocol used. Generally, IVF treatment is an expensive procedure, costing thousands of dollars for each cycle.

In the United States, the cost of one cycle of IVF can range from $8,000 to $15,000, while in Europe, the cost can range from €2,500 to €5,000. The cost of IVF in developing countries can be as low as $500.

Challenges Faced by IVF Industry

One of the primary challenges faced by the IVF industry is ensuring the safety and ethics of the procedure.

As the demand for IVF increases, there is a possibility of some unethical practices like sex-selective abortions, surrogacy, and the sale of human eggs and embryos. Additionally, there is a possibility of multiple pregnancies, which can lead to medical complications for both the mother and child.

Conclusion

The increasing number of IVF births is a cause for celebration for many couples worldwide who have struggled with infertility.

However, the growth of the IVF industry also comes with its unique challenges, and there is a need for policymakers to ensure the safety and ethical practice of IVF treatments. Despite these challenges, the IVF industry is expected to continue growing and will remain an essential fertility treatment option for couples worldwide.