Vietnam’s in vitro fertilisation market to be valued at $216.9m by 2029

Healthcare infrastructure improvements and tech advancements serve as market drivers.

Vietnam’s in vitro fertilisation (IVF) market is projected to hit $216.9m by 2029 at a compound annual growth rate of 7.46%, said Research and Markets.

The sector’s expansion is attributed to rising awareness and acceptance of IVF procedures, along with increasing infertility rates linked to delayed parenthood, lifestyle changes, and environmental factors.

Healthcare infrastructure improvements and technological advancements are also driving the market. Notable developments include enhanced embryo culture systems, cryopreservation methods, and minimally invasive techniques.

Moreover, supportive government policies promoting reproductive health and family planning services are creating a favourable environment for the country’s IVF market.

“Initiatives focusing on subsidising fertility treatments, regulating IVF clinics, and advocating for reproductive rights have contributed to the growth of the sector,” the report said.