Artificial Insemination Market to Be Dominated by AIH-Husband Segment Through 2027
The growing infertility rate
to drive the demand for Artificial Insemination Market in the forecast period,
2023-2027
According to TechSci Research report, “Artificial Insemination Market- Global
Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027”, The global artificial insemination market is
anticipated to grow at impressive rate in the forecast period, 2023-2027.
Medical insurance coverage, in the growing healthcare industry, the rapid
increase in population, and government initiatives are other reasons for the
market growth According to the UN reports in 2017, the total fertility rate is
predicted to decline up to 2.39 (child per woman) between the year 2020 and
2030. Due to the above data, the government and agencies are worried about the
scenario and taking proper measures to recover from it. Thus, the demand for
the artificial insemination market is going to increase in the projected
period. As the population increases, the demand for livestock-based food is
growing. Here, the artificial insemination technique is applied regularly to
cattle to increase reproduction success and fulfill the population's needs. It
also helps society to save rare and endangered species.
Due to the increasing
pervasiveness of the problem, consumption of unhygienic foods, alcohol,
tobacco, and diseases like endometriosis, sterilization, cervical mucus
problem, and others are the major factors responsible for infertility to the
growth of the artificial insemination market. As per UNSC, 84% of countries
support the policy that directly and indirectly affects fertility in the
country. Assisted Reproductive Technology (ART) Regulation Bill, Nation Public
Action Plan, and National Family Policy are the policies among many which are
implied by regulating bodies in different countries. Hence, during the
projected period, demand for artificial insemination is going to increase for
the treatment of the increasing patient. Thus, the abovementioned factors will
drive the growth, directly impacting the Artificial Insemination Market growth.
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data Figures spread through 110 Pages and an in-depth TOC on "ARTIFICIAL INSEMINATION MARKET"
The global artificial
insemination market is segmented based on technique,
component, source, end-user, regional distribution, and competitive landscape. Based
on the technique type, the market is divided into intrauterine, intracervical,
intravaginal, and intratubal. The intrauterine segment is expected to hold the
largest market share in 2022. As it is a non-invasive technique with the
highest fertility rate, it is more in demand for treatment by doctors and
patients. Different agents are used in the washing process, such as pathogenic
agents, antigenic proteins, and other, to ensure high-quality sperm. Thus, the
better treatment result makes the intrauterine segment prominent in the market.
Based on source type, the
market is split into AIH-Husband and AID-Donor. As per estimates, the
AIH-Husband segment is going to experience the highest market share during the
forecast period. The highest demand for the AIH-Husband is due to its
cost-effective and straightforward process. It helps the couple to enhance
their sperm count or quality and fulfill the desire of their baby.
Based on end-user, the
market is divided into hospitals, fertility clinics & centers, and others.
Fertility clinics & centers are expected to account for a significant
market share over the next projected years. The highest number of desired
customer footfall of this segment visits to fertility clinics & centers.
The focus of fertility clinics & centers is infertility. Thus, they are
working on different strategies to make people aware of the problem and
solution. All these practices help them to increase their customer base and
dominate the segment.
Major operating companies
operating in global artificial insemination market are:
- 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.
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“The North American region
is expected to dominate the market in the coming years due to people's
awareness, unhealthy lifestyles, and family planning at an older age. Demand
for advanced healthcare and increasing spending on healthcare products by
authorities and individuals propel the market share of artificial insemination
in this region. In 2020, the USA will spend USD4.1 trillion on healthcare,
which means USD12,500 per person in the country, and trying to reach USD6.2
trillion by 2028. This increasing trend or number of spending on healthcare
indicates an increase in market share. In addition, Due to the increasing
pervasiveness of problems, consumption of unhygienic foods, alcohol, tobacco,
and diseases like endometriosis, sterilization, cervical mucus problem, and
others are the major factors responsible for infertility in people. Increasing
consumption of livestock-based food is propelling the market of artificial
insemination to increase the cattle population.
Following North America,
Europe is expected to be the second largest market size in the projected year,
and the Asia-Pacific region will experience the highest market growth
throughout 2027. As it is a growing market, various organizations are investing
in this segment to enhance innovation & reach a new customer base with
impact market growth and create favorable conditions to propel the global
Artificial Insemination Market growth till 2027.” said Mr. Karan Chechi,
Research Director with TechSci Research, a research based global management
consulting firm.
“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 (2021), By Region, has
evaluated the future growth potential of global artificial insemination market and
provides statistics & information on market size, structure, and future
market growth. the report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in global artificial insemination market.
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