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Fri 25 Jan 2019 01:05 AM

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IVF market grows to $1bn amid rise in GCC male infertility cases

New research says infertility in the MENA region is found in 15% of cases or higher compared to 10% globally

IVF market grows to $1bn amid rise in GCC male infertility cases
IVF Fakih is one of a growing number of specialist treatment operators in the Middle East.

The in vitro fertilization (IVF) market is now a $1 billion business in the Middle East and North Africa amid rising demand for treatments in the region, according to new research.

Colliers International, which said the global IVF market is estimated to be worth up to $12 billion, revealed that compared to 10 percent of cases worldwide, infertility in the MENA region is 15 percent or higher.

It said male infertility is a growing problem and occurs in approximately 50 percent of the cases in the GCC and Middle East due to lifestyle, diabetes, obesity and genetics related factors.

The report, which is published ahead of MEDLAB 2019 which takes place next month at the Dubai World Trade Centre, highlighted that although the population in the MENA region has increased from over 100 million in 1950 to 380 million in 2017, fertility rates have decreased from seven children per women in 1960 to just three in 2017.

Mansoor Ahmed, director Healthcare, Education & PPP for MENA region at Colliers International, said: “IVF is not only sought after locally but is one of the leading treatments undertaken by medical tourists in the UAE, especially in Dubai. Based on Colliers’ discussions with leading operators, medical tourism accounts for 10-15 percent of the IVF patient volumes.”

According to the report, new innovations and improved testing techniques are gradually creating paradigm shifts in the field of assisted reproductive technology.

Organised by Informa Exhibitions, MEDLAB Exhibition & Congress 2019 will welcome more than 19,600 medlical laboratory trade professionals and 670 exhibitors from 46 countries in an effort to develop the value of laboratory medicine in shaping the future of healthcare.

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