Turkey In-vitro Fertilization Market to be dominated by the rise of repro tourism or fertility tourism through 2028
fertility tourism through 2028
Increasing
cases of male and female infertility is expected to drive the growth of Turkey
In-vitro Fertilization Market in the forecast period.
According to TechSci Research report, “Turkey In-vitro Fertilization Market –Industry
Size, Share, Trends, Opportunity, and Forecast, 2018-2028”,
the Turkey In-vitro
Fertilization Market is anticipated to grow at a steady rate in the forecast period, 2024-2028.
This can be ascribed to the growing demand for In-vitro fertilization treatment
across the country on account of growing infertility among the population. In-vitro fertilization (IVF) has become one of the
most opted forms of assisted reproductive
technology for infertility treatment and gestational
surrogacy.
Rapid surge in
IVF clinics and hospitals will also increase the access to fertility treatments
in Turkey, thereby supporting the market growth. Additionally, there are
numerous benefits of availing in-vitro fertilization treatment in Turkey such
as availability of world class facilities, skilled professionals, lesser
waiting time, and affordable treatment costs. The average price for availing
in-vitro fertilization treatment is around USD3700 in Turkey. The price ranges
as low as USD2100 and high as USD8000. This in turn has attracted not only
locals in the country but also is attracting expats and medical tourists who
travel to Turkey for availing in-vitro fertilization treatments.
However, the laws related to availing
in-vitro fertilization treatments are quite stringent in Turkey. The law is
quite strict in terms of who is being authorized to receive therapy and which
treatments are approved, especially when compared to several other European
nations. Only married couples utilizing their own sperm and eggs are eligible
for In-Vitro Fertilization treatment in Turkey. Treatment of lesbian couples and
lone women is strictly prohibited. Although there is no set legal age limit for
treatment, only a woman's own eggs may be utilized because donor eggs and
embryos are not currently available. As a result, several clinics won't serve
patients who are older than 46.
Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Turkey In-vitro Fertilization Market"
Turkey In-vitro
Fertilization Market
can be segmented by technique, by reagent, by instruments, by infertility, by
embryo, by application, by end user and by region.
Based on by technique, the Turkey In-vitro
Fertilization Market can be segmented
into ICSI IVF and Non-ICSI/Traditional IVF. ICSI
segment registers the highest growth rate because of its success rate of
fertilization. In this technique, a single sperm is injected in female body
using an instrument micromanipulator. This technique is majorly used when the
male partner is infertile.
Turkey in-vitro fertilization market can be
fragmented into three segments based on application, fertility clinics,
hospitals, and others. The segment of applications with the highest share is
fertility clinics. The number of fertility clinics has expanded because of new
diagnostic technologies and less expensive procedures being offered by
burgeoning startups in the market. Besides, increasing medical tourism in the
country has led to the establishment of various new IVF clinics offering
exceptional facilities and services.
Based on end user, the Turkey In-vitro
Fertilization Market can be further segmented
into Locals, Expats,
Medical Tourists. Locals segment registers the highest growth followed by the
segment of medical tourists as the fertility tourism is on rise in Turkey.
Major companies operating in Turkey In-vitro Fertilization Market are:
- Medical Park Group
- Medipol University
Hospital
- Hisar Hospital
Intercontinental
- Liv Hospital
- Antolia IVF and Women’s
Health Centre
- Acibadem Hospitals Group
- Florence Nightingale Hospital
- American Hospital
- Memorial Hospitals Group
- Medicana International
- Koc University Hospital
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“Turkey In-Vitro
Fertilization Market is expected to register robust growth during the forecast
period because of widespread adoption of assisted reproductive technology
(ART). Besides, flourishing medical tourism industry in the country is further
expected to create lucrative opportunities for the market growth. Istanbul is
one of the prominent places for availing In-Vitro fertilization treatment due
to availability of a large number of IVF clinics and hospitals. Also, it has a
lot of JCI accredited hospitals which provide fertility tourism services.” said
Mr. Karan Chechi, Research Director with TechSci Research, a research based
global management consulting firm.
“Turkey
In-vitro Fertilization Market By Technique (ICSI IVF
v/s Non-ICSI/Traditional IVF), By Reagent (Embryo Culture Media, Cryopreservation Media, Sperm Processing Media,
Ovum Processing Media), By Instruments (Imaging Systems, Sperm Separation Systems, Ovum
Aspiration Pumps, Incubators, Micromanipulator Systems, Cryo-systems, Others), By Infertility (Female v/s Male), By Embryo (Frozen-Thawed
Embryo v/s Fresh Embryo), By Application (Fertility Clinics, Hospitals, Others),
By End User (Locals, Expats, Medical Tourists), By Region, Competition, Forecast & Opportunities, 2018-2028F”, has evaluated the future growth potential of Turkey
In-vitro Fertilization Market and provides statistics & information
on market size, structure, and future market growth. The report intends to
provide cutting-edge market intelligence and help decision makers take sound
investment decisions. Besides, the report also identifies and analyzes the
emerging trends along with essential drivers, challenges, and opportunities in Turkey
In-vitro Fertilization Market.
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