High Incidence of Infertility and Government Initiatives to Boost Adoption of In-Vitro Fertilization to Augment Growth of In-Vitro Fertilization Devices Market
In-vitro fertilization is a procedure of fertilization whereby an egg is combined using sperm in the lab, outside the body. The procedure involves stimulating and monitoring a woman's fertile period, removing an ovary from the woman's uterus and allowing sperm to fertilize them in a lab. If successful, the embryo is then implanted in the woman's womb. Market Dynamics High incidence of infertility is expected to propel growth of the in-vitro fertilization devices market . For instance, according to the National Survey of Family Growth data published in September 2018, 15.5% of all women who intend to become pregnant are infertile and 6.7% of married women aged 15 to 44 years are infertile, in the U.S. Government initiatives to boost adoption of in-vitro fertilization is expected to offer lucrative growth opportunities for players in the in-vitro fertilization devices market. For instance, in November 2020, The Quebec government s tabled a bill to restore public fund...