The end of China's one-child policy has been a boon for the IVF market
14-Jul-17, The Straits Times
A paradox has emerged in China: As the country finally relaxes its one-child policy, factors like lower sperm counts, later pregnancies and other health barriers are making it harder for many to get pregnant. As a result, businesses from China to Australia, and even California, are lining up to help.
Image: Agence France-Presse
Families in the world's most populous country are willing to pay top dollar for fertility therapies.
For decades, couples in urban China were allowed to have only one child, but the country, which is trying to boost its shrinking workforce, moved to end that policy in 2015. China's market for IVF was worth USD670 million in 2016 and is expected to surge to USD1.5 bn in 2022.