Political advisers proposed that single, unmarried women should have access to egg freezing, IVF treatment. Read more at straitstimes.com.
BEIJING - As China tries to slow its demographic decline, women like Ms Chen Luojin could be part of the solution.
“If China changes their policy to allow single women to have children, this can result in an increase of IVF demand,” said Mr Yve Lyppens, director of business development for Asia Pacific at INVO Bioscience, which is awaiting regulatory approval to launch its IVF technology in China after signing a distribution agreement with Guangzhou-based Onesky Holdings last year.
“The queues in the hospital are very long,” said 34-year-old Xiang Yu, a married woman undergoing IVF in Chongqing, some 300km east of Chengdu. She spoke on the condition of partial anonymity for privacy reasons. China’s IVF market, including treatment, drugs and equipment, is expected to grow at a compound annual rate of 14.5 per cent in coming years, nearly doubling to 85.4 billion yuan in 2025 from 49.7 billion yuan, research house Leadleo estimated in a report last year.
Gender power imbalances, the stigma in Chinese society that single pregnant women face, and the lack of social surveys make it difficult to quantify total demand and how much it would grow should the reforms be introduced in the near future, industry experts say.
Ms Caso said her fund was currently rolling out two clinics in Bangkok and Kuala Lumpur and aims to have around 15 in Thailand, Malaysia and Singapore in the next three to four years.
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