Rukmini Umanath, Head of BusinessROW Region, Freyr Solutions
Of all the regions on the global stage, Asia-Pacific (APAC) emerges as an intriguing landscape, beaming with opportunities for substantial growth within the in vitro fertilisation (IVF) market. The impetus behind this noteworthy trend can be attributed to a compelling factor—the conspicuous prevalence of ultra-low fertility rates across the Asia-Pacific nations. Notably, Japan, Singapore, South Korea, China, India, and Australia are grappling with a significant decline in fertility rates. Let us dive deep into the IVF landscape of a few Asia-Pacific countries.
Japan
The Japanese government is taking strategic action to combat the ageing population. As a pivotal component of this comprehensive endeavour, the public health insurance system has been revamped to encompass a noteworthy development – including a substantial 70 per cent reimbursement for the expenditures incurred during advanced fertility treatments. It was implemented in April 2022.
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Esta historia es de la edición BioSpectrum Asia Sep 2023 de BioSpectrum Asia.
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