A group of analysts from TechNavio have announced that they predict the market for In Vitro Fertilization across the world will grow by significant numbers over the next two years. This market has already seen a sizeable increase over the past two years. They predict that from the year 2012 to the year 2016 we will have seen a CAGR rise of 12.12 percent increase in global In Vitro Fertilization. This news also comes behind strong evidence that suggests that there are serious health risks to these procedures, influencing some experts to warn that the benefits might not outweigh the risks.
The main reason such a rise is possible and expected is that infertility rates are rising across the globe. There is also a growing acceptance in the In Vitro Fertilization medical tourism industry, making it more common for this procedure to take place on a global scale.
One factor that the analysts are worried could compromise their prediction is the growing cost of the operation. This report took in to consideration many of the most influential vendors of the procedure world wide, they include: Cooper Surgical Inc, Cook Medical Inc, and VitrolifeAB. Much of the information to be found was gathered from in-depth interviews conducted with high officials at these companies.
The report covers the EMEA and APAC areas as well as the Americas. Although their research appeared definitive it has sparked some concern because of the many medical experts who are no longer sure In Vitro fertilization is a safe procedure, especially when used more than once.
A team of experts at the University of Amsterdam recently published a study that found that when In Vitro Fertilization is used for multiple pregnancies the risks for diabetes and growth restriction, as well as for preeclampsia went way up in their study of “500 Dutch sub-fertile couples.” The report also shows that even first time IVF pregnancies have been proven to have a “worse outcome” for babies than for those who are conceived naturally.
They also state that these complications are not due to sub-fertility but rather to the process itself.
Another debate that is pervasive throughout IVF circles is whether or not couples are resorting to the procedure too quickly. In Vitro Fertilization was first used for women who had disorders in their fallopian tubes and for men who were sterile. Now more research has shown that IVF is being used more and more for “unexplained fertility problems” which has led many medical experts to believe that these couples need to try longer to conceive naturally before proceeding with In Vitro Fertilization.
Between 2000 and 2010 the amount of IVF cycles that were recorded in the US rose from 90,000 to 150,000, while the percentage of those cases which involved necessity due to fallopian tube disorders fell from 25 percent to 16 percent. Experts also say that unexplained fertility make up as much as 30 percent of all IVF procedures, but they believe that many of these couples would be able to receive naturally if they kept trying for approximately two years before turning to IVF. This new research will certainly spark debate as more and more couples consider In Vitro Fertilization while knowing that the global market is increasing but so are the health risks.
By Nick Manai