China's two-child policy in October 2015
China's capacity -- only 460 mainland hospitals are licensed for IVF
8 million Chinese women between 20-49 had to undergo ART therapy
Of the potential 8 million women, about 2.5 million are likely to be treated with artificial insemination & 5.5 million are likely to be treated with IVF.
Artificial insemination takes an average of three cycles, about $700 a cycle
IVF takes an average of two cycles, about $6,000 a cycle
Artificial insemination market : $5.2 billion
In vitro fertilization market: $66 billion
According to the market research in 2018, the current market development is 13%