DUBLIN, Oct. 11, 2023 /PRNewswire/ — The “Fertility Tourism Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027” report has been added to ResearchAndMarkets.com’s offering.
The global fertility tourism market is anticipated to witness impressive growth to 2027
The global fertility tourism market is experiencing growth due to several factors. First, the increasing prevalence of infertility, driven by changing lifestyle patterns, obesity, and reproductive disorders, has led to a growing population seeking fertility treatments.
Some Asian countries, including Taiwan, South Korea, Singapore, Macau, and Hong Kong, have low fertility rates and lack effective fertility treatments, prompting individuals from these regions to travel abroad for treatments.
For example, Malaysia has become a popular destination in the Asia Pacific region for in-vitro fertilization (IVF) treatments due to its high success rate, averaging around 65 percent compared to the world average of 50 percent. Additionally, expanding insurance coverage for IVF procedures, especially for male infertility and ovarian failures, is expected to further boost the fertility tourism market.
The increasing prevalence of obesity is another significant factor contributing to the growth of fertility tourism. Obesity can reduce sperm count in males and cause infertility in females. In regions with lower success rates and higher costs for fertility treatments, individuals are more likely to travel to countries with better success rates and affordable options for treatments.
Sex selection is also driving fertility tourism. Some countries, such as the United States, UAE, Thailand, Italy, and Mexico, offer gender selection options in IVF treatments, attracting individuals seeking this service.
Malaysia currently dominates the global fertility tourism market due to its high success rates in IVF treatments, making it an attractive destination for medical tourists. These factors collectively contribute to the growth of the fertility tourism market worldwide.
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Global Fertility Tourism Market.
- Manchester Fertility Services Ltd
- San Diego Fertility Center
- Eva Fertility Clinics
- The Surrey Park Clinic
- Bumrungrad International Hospital
- Assisted Reproduction and Gynecology Centre
- Sincere IVF Center
- Alpha IVF & Women’s Specialists
- Genesis IVF
- Apollo Fertility
Report Scope:
Fertility Tourism Market, By Service:
- In-Vitro Fertilization
- Artificial Insemination
- Others
Fertility Tourism Market, By Application:
- Infertility Treatment
- Sex Selection
- Others
Fertility Tourism Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- France
- Germany
- United Kingdom
- Italy
- Spain
- Finland
- Russia
- Poland
- Bulgaria
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Malaysia
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Turkey
- Egypt
For more information about this report visit https://www.researchandmarkets.com/r/slr141
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