The Business Times
business-time-50

Greater awareness and government support are birthing an IVF boom

Fertility service providers are also seeking to go regional in anticipation of future demand

google-preferred-sourceAdd BT as a preferred source
Megan Cheah

Megan Cheah

Published Mon, Aug 26, 2024 · 05:00 AM
    • Embryo storage area at Thomson Fertility Centre. Thomson Medical notes a 70 per cent increase in the number of IVF cycles done in Singapore over the last 10 years.
    • Embryo storage area at Thomson Fertility Centre. Thomson Medical notes a 70 per cent increase in the number of IVF cycles done in Singapore over the last 10 years. PHOTO: THOMSON FERTILITY CENTRE

    GOVERNMENT support to boost low birth rates and growing awareness of fertility services are supporting increased demand for in-vitro fertilisation (IVF) and related treatments, both in Singapore and across South-east Asia.

    Private healthcare providers are finding opportunities to expand organically and through acquisitions, and to work with governments on raising national birth rates.

    Listed healthcare company Thomson Medical Group , which has a long association with obstetrics, gynaecology and paediatrics, views fertility services as a particular bright spot.

    FertilityHealthcarethomson medical groupIVF

    TRENDING NOW

    Hong Kong youth no longer see a stable job and a lifetime of work as the only life goal – instead, they place greater emphasis on freedom and quality of life.

    Not in education, employment or training: Why more Hong Kong youths are opting out of work

    Over the past three years, Singapore has overtaken Hong Kong as the top destination for Taiwanese offshore wealth.

    Taiwan’s wealthy seeks diversification to Singapore, sparking private banking race: Bloomberg

    Vincent Tan, founder of Berjaya Group, has reduced his holdings in multiple companies within the group.

    Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan

    The onset of El Nino is also seen as a tailwind, as average crude palm oil prices have historically surged during the weather event.

    Palm oil stocks set to surge as Indonesia said to be scaling back export overhaul: analysts

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More