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Regulatory Landscape of In Vitro Fertilisation (IVF) Across Asia
BioSpectrum Asia
|BioSpectrum Asia Sep 2023
According to the World Health Organisation (WHO) data, approximately one in every six couples worldwide is impacted by infertility.
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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.
This story is from the BioSpectrum Asia Sep 2023 edition of BioSpectrum Asia.
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