- Insemination Kits
- Home Conception Devices
Artificial Insemination Market size was valued at USD 2.1 billion in 2021, growing at a CAGR of 8.4% during 2022-2028. In order to cure infertility, a procedure known as artificial insemination involves placing semen directly into a woman's womb. The aim of this treatment is to directly inject cleaned sperm into the uterus, cervix, or fallopian tubes using a thin, flexible foley catheter that is inserted through the cervix. This can then lead to pregnancies in women who were previously unable to get pregnant for various reasons. Intrauterine insemination is another name for this procedure in medicine. Due to the increased incidence of infertility problems in both males and females, broad technology breakthroughs in the medical field, and rising healthcare costs across the globe, this market vertical is experiencing profitable growth.The Artificial Insemination Market Key Developments:
In 2016, Worthington Industries, collaborated with Intellectual Ventures and launched AIS 3 and AIS 1.5 artificial insemination shield refrigerators holding samples.
Fastest Growing Market
Increase in the prevalence of infertility among the men and women is a major factor surge the growth of artificial insemination market over the forecast years. Increase in the prevalence of infectious diseases, genetic issues, and unhealthy lifestyle are the major factors enhance the infertility among the population. For instance, according to National Survey of Family Growth approximately 15.5% of female population intended to become pregnant are infertile. In addition, as per Center for Disease Control and Prevention, approximately 6.1 Mn female aged between 15-44 years are infertile in USA. Furthermore, development of advanced insemination kits by the market players also surge the market over the forecast timeframe.
2021 is the base year and 2028 is the forecast year.
The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).
In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.