What differentiates Gunjan IVF Centre?
When all is said and done, result is what matters; following this, Gunjan IVF centers takes pride in differentiating itself from its competitors solely based on the successful results it has given to their beneficiaries’ overtime. Their team, led by Dr. Gunjan Gupta has made it their number one priority to give positive results to the patients. Since, they believe that in the IVF industry, patients are not forever but their references are, patients wouldn’t mind shelling out extra few bucks but what matters most to them is the quality & transparency of the process and the final outcome. The whole process, be it the number of eggs or sperms or the donors or the cost involved is explained to the patients beforehand which increases the trust factor; the factor that is of utmost importance to this industry.
The centers are at Delhi-NCR with the exact locations being:
The management is ready to increase their footprints in the Delhi-NCR region by coming up with more centers. They believe in growing organically with a steady pace.
What is the potential of IVF in India?
India holds immense potential for the IVF industry, the main reason being the culture of settling down career-wise before marriage which delays the marriage and in turn increases the burden of infertility amongst couples. Though it is difficult to carve out an exact estimate of the cycles India would be doing two to three years down the line but the fact that the potential to grow in the country is extremely high with the ever increasing acceptance and we are just trying to establish a reputation in the game and tap into the potential in the meanwhile.
Has the population been more accepting of the concept of IVF in recent times?
Acceptance is one of the major fuels that are driving the IVF industry. The awareness and acceptance has increased manifolds in the last decade or so about the IVF process. The major reason for the ever so increased levels of acceptance is the success stories of the people who have undergone the treatment and the happiness it has brought to them. Even in tier 2 and tier 3 cities, the awareness and acceptance in the people has increased which is evident from Gunjan IVF center’s Meerut branch which itself is a tier 2 city. It can be easily concluded with the experiences that the awareness and acceptance has increased a lot throughout India.
How has COVID-19 impacted the industry?
COVID-19 has been very cruel to the industry like it has been to every other industry. Following the lockdown, all the procedures had to be stopped since asking patients to come for the treatment would have risked their lives because of such intense waves. The wise decision which everyone obliged with was to put the procedures on hold for a few months.
Though the impact has been negative on the IVF industry, the industry is very optimistic about its revival since having children is not a luxury, it is a necessity and necessities never run out of demand.
How does India fare in the affordability of the treatments?- Cost
An IVF treatment could cost anywhere from INR 1 lakh to INR 1.5 lakhs which may or may not be affordable for everyone but the value people get out of it is immeasurable. Having a child or an heir to their name will always overshadow the burden of spending some amount of money which can eventually be earned back in a matter of time. The value proposition is clear as still water; having a child would complete the family, reduce the societal pressure and bring immense pleasure and happiness in your life.
Is there any specific body that regulates the IVF industry?
The IVF industry abides by the guidelines on assisted reproductive technologies by the ICMR. In the absence of a regulatory body, IVF centers need to self regulate which is what Gunjan IVF center does by holding medical legal audits on their expenses every month to make sure that there are no shortcomings in their procedure. With the passage of the ART bill, there would be a regulatory body eventually but until then, Centers need to self regulate to provide their patients with best.
What are the key challenges to the IVF industry?
There are multiple challenges like:
The awareness is still lacking in a large chunk of population
The subpar quality of consumables being manufactured in India compels importing the consumables which increase the cost of the overall procedure.
IVF treatment is not covered in the health insurance policies. Patients need to cover the cost out of their pockets.
Lack of availability of capital is important for centers to grow and provide high quality and cost effective results to their patients.
Addressing these challenges and tapping in the huge potential of the country, the IVF industry can soar with its wings wide open.