MEA IVF Market Trends and Outlook
The Middle East and Africa IVF market growth & size is estimated to reach USD 0.65 billion by 2028 from USD 0.30 billion in 2023, rising at a CAGR of 16.64% from 2023 to 2028. The growth of the MEA IVF market can be attributed to different factors, including the high healthcare GDP, an increase in the average age of first-time parents, a deduction in infertility rates, a rise in the pervasiveness of non-communicable diseases such as polycystic ovary syndrome and diabetes among young individuals, an increase in obesity cases, the pervasiveness of fertility tourism, and government initiatives. On an international scale, however, the birth rate is declining, driven by factors such as age-related, a trend towards delayed marriage and childbearing, and several other elements. As per the United Nations data, the present birth rate across the UAE for 2022 stands at 10,112 births per 1,000 individuals, presenting a 0.88% compared to 2019. Furthermore, the 2019 birth rate registered 10,291 births per 1,000 people, reflecting a 0.87% decrease in 2018. This constant decline in the birth rate is attributed to the growing prevalence of infertility, leading to an increase in the demand for IVF treatments for both women and men.
Moreover, infertility is linked to different environmental factors, including air pollution, household water insecurity, exposure to chemical threats, and disease vectors. The stress develops as a recurrent element contributing to anovulation. The current millennial lifestyle is characterized by high levels of stress, poor sanitation, and insufficient hygiene practices, cooperatively propelling conditions conducive to infertility. In addition, the impact of rising industrialization is significant, with a considerable portion of the global population either functioning amidst hazardous chemicals or residing near industrial areas, resulting in a widespread susceptibility to infertility among individuals.
The MEA IVF market report emphasizes that given the threats posed to reproductive health by the millennial generation’s lifestyle and the profound impact of environmental factors, there is predicted to be an increase in MEA IVF market demand in the upcoming years.
In addition, for women, the likelihood of conceiving diminishes significantly after the age of 32, with fertility rates halving by the time they reach 40. Similarly, in men spanning the ages of 20 to 80, both semen volume and sperm motility experience a decline. Consequently, including low birth weight, fetal abnormalities, premature labor, miscarriage, maternal morbidity, stillbirth, prolonged labor, and many more. A recent report indicates that the global fertility rate stands at 10, with the Middle East and African region witnessing an even higher percentage of 15% or more. In addition, there is a significant increase of nearly 50% in male infertility cases, attributed to factors such as diabetes, genetic influences, insufficient physical activity, lifestyle choices, and obesity. The interplay of these factors is estimated to be a significant MEA IVF market driving factor behind the growth of the MEA IVF market in the coming years.
A study conducted by the Advanced Fertility Center in Chicago discovers that 1 in 4 women faces infertility by the age of 35. The research underscores a gradual decrease in pregnancy rates during one’s 30s, with a sharp drop witnessed over the past three decades, especially in the 40s. In addition, the study highlights the restricted success rate of a single in vitro fertilization cycle, promoting many coupled to undergo multiple processes. The challenge of decreasing IVF success rates with advancing patient age poses a significant challenge for fertility treatment technologies. In addition, the market is anticipated hurdles in the forecast period owing to complications linked with IVF treatments and insufficient reimbursement choices.
On the basis of region MEA IVF Market segmentation, the Saudi Arabia market is projected to capture the largest market share in the MEA IVF market. This growth is attributed to different factors, including a decline in the birth rate, the proliferation of government-supported fertility clinics and infertility services, and a rise in product launches, collectively anticipated to improve the regional market. As of 2022, Saudi Arabia’s present birth rate stands at 16,630 births per 1,000 individuals, reflecting a decrease of 2.73% from 2020. Comparatively, in 2020, the birth rate was 17,097 births per 1,000 people, marking a reduction of 2.65% compared to 2019. The market is anticipated to experience growth and new opportunities through collaborations between international players and the regional government to encourage healthcare awareness.
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