India Fertility Monitor Market, By Modality (Handheld and Tabletop), By Type (Ovulation Predictor Monitor and Urine & Saliva-based Monitor), By End User, (Hospitals, Fertility Clinics, and Homecare Settings), By Region (North India, South India, East India, West India, Central India, and North East India), is estimated to be valued at US$ 2.05 Mn in 2021 and is expected to exhibit a CAGR of 8.4% during the forecast period (2021-2028), as highlighted in a new report published by Coherent Market Insights.
Increasing number of fertility centers in India is expected to drive the India fertility monitor market growth. For instance, according to the Indian Council of Medical Council 2017, there are approximately 20,000 fertility clinics in India
India Fertility Monitor Market– Impact of Coronavirus (COVID-19) Pandemic
Supply chain and manufacturing activities in India have been disrupted due to nationwide lockdown in the past few months; while states such as Maharashtra, Gujarat, Rajasthan, and others are facing problems with regards to transportation of medical devices due to partial lockdowns and termination of interstate transport in India. During the COVID-19 pandemic, the demand for fertility monitors is expected to increase due to increase in the rate of infertility in individual, owing to high level of stress among the couples due to COVID-19 lockdown imposed in India. For instance, in July 2020, Bharat Serum & Vaccines Limited and Economic Healthworld, an economic advertising platform, announced the online panel discussion on topic ‘Major Effect of COVID-19 Pandemic’. The discussion involved the following important points such as COVID-19 and fertility health: A not-so-pleasant combination, Stress-induced infertility: A new normal in the post-COVID-19 world, Changing ways of embracing parenthood, Online consultation: A viable option for couples, and Exploring fertility solutions amidst COVID-19. The discussion concluded on the stress induced infertility in young couple due to COVID-19 lockdown, which is expected to drive the demand of the India fertility monitor market. Moreover, during the pandemic, demand for fertility monitors has not reduced, however, inadequate supply of fertility monitors in hospital pharmacies and retail pharmacies due to COVID-19 lockdown in India has negatively impacted the fertility monitor growth
Browse 35 Market Data Tables and 30 Figures spread through 165 Pages and in-depth TOC on ‘India Fertility Monitor Market’- Forecast to 2028, India Fertility Monitor Market, By Modality (Handheld and Tabletop), By Type (Ovulation Predictor Monitor and Urine & Saliva-based Monitor), By End User (Hospitals, Fertility Clinics, and Homecare Settings), By Region (North India, South India, East India, West India, Central India, and North East India)
Moreover, increasing number of fertility centers in India is also expected to aid in growth of the India fertility monitor market over the forecast period. For instance, in March 2021, Indira IVF (In-vitro Fertilization), a chain of fertility centers in India, stated that the organization has approximately 94 fertility clinics/centers across India, out of which, 14% of the centers are situated in the Western Indian states such as Maharashtra, Goa,
Key Takeaways of the India Fertility Monitor Market:
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