How the In Vitro Fertilization Market Will Witness Significant Growth in the Upcoming years
Growth in the median age of first-time motherhood, declining fertility rates, rising male infertility, rise in consumption of alcohol and cigarettes, and growing public awareness about infertility and the available treatment options. However, the high cost and low success rate of the IVF treatment and restrictive regulation and ethical concerns are expected to restrict the growth of market to a certain extent. Rise in consumption of alcohol and cigarettes The growing consumption of alcohol and cigarettes is linked to rising infertility rates among both men and women across the globe. Worldwide alcohol consumption per person aged 15 years or older is 6.2 liters annually. According to the University of Washington’s Institute for Health Metrics and Evaluation, in 2012, 8.2% of all Americans were considered to be heavy drinkers, and 18.3% were binge drinkers in the US. Drinking alcohol affects the reproductive system. Heavy drinking drastically affects a woman’s menstrual cycle and o...