Artificial Insemination Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Technique (Intrauterine, Intracervical, Intravaginal, Intratubal), By Component (Insemination Kits, Home Conception Devices, Others), By Source (AIH-Husband, and AID-Donor), By End User (Hospitals, Fertility Clinics & Centers, Others), By Company, By Region
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationArtificial Insemination Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Technique (Intrauterine, Intracervical, Intravaginal, Intratubal), By Component (Insemination Kits, Home Conception Devices, Others), By Source (AIH-Husband, and AID-Donor), By End User (Hospitals, Fertility Clinics & Centers, Others), By Company, By Region
According to the UN reports in 2017, the total fertility rate is predicted to decline up to 2.39 (children per woman) between the years 2020 and 2030.
Increasing infertility rate and favorable government initiatives are driving the growth of the market. Furthermore, ongoing technical advancements and increasing awareness about artificial insemination are other factors that are expected to significantly influence the growth of the market through 2027.
Increasing Infertility Rate is Driving the Market Growth
According to the WHO, almost 48 million couples and 186 million individuals have infertility worldwide, accounts 15% of the population.
Peoples are the main asset for any country that can participate and support countries in economic development and growth. Hence, governments are launching various schemes to make their medical infrastructure better and broadly found at to meet global benchmarks. The government and international identities make policies and induct new institutions to enhance their medical connectivity, such Assisted Reproductive Technology (ART) Regulation Bill, Nation Public Action Plan, National Family Policy, and other initiatives. As per UNSC, 84% of the country supports the policy that directly and indirectly affects the country's infertility. These policies led to increasing demand for artificial insemination in the market. All the factors mentioned above are expected to drive the growth of the artificial insemination market.
Cost Related with Artificial Insemination is Hindering the Growth
The medical cost for the artificial insemination technique in the USA is between 400 dollars to 4000 dollars approximately.
Increase in Deliberate Collaboration and Product Launch
Growth in market share of the artificial insemination market is propelling the launch of new products and strategic partnerships between two organizations. These scenarios will help both organizations to use their competencies and increase the revenue share. As the market is growing, market players are investing aggressively, leading to technological advancements, and extending their niche market.
In 2021, Vitrolife AB acquired Igenomix S.L to help them extend their product line in existing and target new market segments using their strong competencies.
In 2020, Genea Limited collaborated with Hamilton's throne partner. This step allowed both companies to make good relationships with the customer in USA and Canada and grow the Genea Biomedx operations and customer support.
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Market Segmentation
The global artificial insemination market is segmented
Market Players
Rocket Medical plc, Kitazato Corporation, Vitrolife AB, Genea Limited, Rinovum Women’s Health, LLC, Pride Angel Limited, FUJIFILM Irvine Scientific, Inc., Conceivex, Inc., Surelife Pte Ltd., Biogenics Incare the major market player in Artificial Insemination Market.
| Attribute | Details |
| Base Year | 2021 |
| Historic Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue Forecast, Company Share, Competitive Landscape, Growth Factors, and Trends |
| Segments covered | · Technique · By Component · By Source · By End User |
| Regional scope | North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
| Country scope | United States; Canada; Mexico; China; India; Japan; Australia; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; South Africa; UAE; Saudi Arabia; Turkey; Egypt. |
| Key companies profiled | Rocket Medical plc, Kitazato Corporation, Vitrolife AB, Genea Limited, Rinovum Women’s Health, LLC, Pride Angel Limited, FUJIFILM Irvine Scientific, Inc., Conceivex, Inc., Surelife Pte Ltd., Biogenics Inc |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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