The fertility rates in India have rapidly gone down, especially in rural areas. Two-thirds of India’s population dwell in rural areas, adding to the drop off fertility rate. Although India is facing overpopulation problems, the fertility rate taken as a whole is declining.
On the other side, owing to its accomplishments, in vitro fertility (IVF) is gaining momentum in India. The Indian IVF services market is anticipated to reach out to $775.9 million by 2022 at a CAGR of 16.6 % from the year 2016 to 2022. Many parents have taken the assistance of IVF and fulfill their aspiration to have children. IVF is now regarded as a result-driven method with its exponential growth trajectory in India.
What are the costs involved in IVF treatment?
IVF is not always high-priced. The costs of the treatment rely and are based on infertility level, the category of intervention required, and the procedure used. Depending upon the medical condition of the particular patient, the fertility treatment and medicines needed would be at variance, and the cost would diverge consequently. There are many other aspects like age and period of infertility, which also come into the picture.
Rural areas in India have initiated to opt for IVF
People from rural areas have started to opt for IVF and its linked procedures – as infertility is a problem that does not rely on specific demographics and background of a couple.
Today with IVF’s reasonably priced costs and the accessibility of installment payments have boosted its viability amongst the rural communities. Even certain agencies have commenced providing specific fertility insurance plans to people in rural areas.
Financing fertility treatments with insurance and loans
Further, while a mainstream of health policies have expelled infertility treatments earlier, the rise in the number of infertility issues is serving as an opening for insurance companies to provide infertility treatment policies.
With private insurance agencies, including IVF treatments within their medical insurance plans, rural prospects in India are looking at IVF as an opportunity.
However, even if your insurance offers less or no coverage for advanced fertility treatment, you need not lose hope. Other finance-related plans can lend a hand to you like stress-free and fitting personal loans provided by different banks.
Fertility treatments can seem discouraging, but with the precise amount of research and the accurate tools, planning a baby and attaining the same without high costs is now possible even for the rural population.
Moving Forward
So, scientific advances and cost-effectiveness in the field of reproduction have made it promising to fulfill the dreams of the rural population in India. Even access to infertility treatment, especially in the rural sector, has increased so that people from such communities can also enjoy the advantages of such excellent therapies.
IVF has brought smiles to the faces of aspiring parents who were rundown of parenthood because of infertility problems. With the growth in the IVF market, the country is keen to keep up the ethical values and empathy.