As per a report released by Ernst & Young, the fertility industry has grown by 15-20% each year (in the last 5 years). The Chief Business Officer of Birla Fertility & IVF, Mr. Abhishek Aggrawal, shares his perspective on this fast growing industry and why making this service more and more accessible to couples struggling with fertility issues is the key.
India currently sees about 15% of couples facing infertility. That’s about 28 million people. The reasons are many ranging from unhealthy, sedentary lifestyles, stress, obesity and perhaps underlying medical conditions. Although the Assisted Reproductive Technologies (such as IVF) has seen a lot of advancement and high success rates, there is still a catch which prevents couples from availing this service.
Mr. Aggrawal has added that, “There is also a huge gap in understanding the process of IVF. No two IVF experiences are the same.” Therefore, the cost for every couple can vary, depending on their specific needs and requirements. More so, the treatment involves expensive medications including hormone therapy, sometimes donor services and hidden costs.
Mr. Aggrawal sheds light on why it is the need of the hour to make IVF accessible and affordable to more and more couples. IVF treatments may not be covered by medical insurance either. This is why at Birla Fertility & IVF, we are particular about honest, affordable and transparent pricing which is shared with couples beforehand so that they can plan their future with more confidence. We provide low cost EMI options and bundled packages to help patients know what they’re in for and plan better.