Global Artificial Insemination Market
Posted by chetana on June 7th, 2021
Global Artificial Insemination Market was valued at US$ 1.60 Bn in 2019 and is expected to reach US$ 2.80 Bn by 2027, at a CAGR of 7.25 % during a forecast period.
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The Artificial insemination is a fertility treatment method. It is used to deliver sperm directly to the cervix or uterus and this technique helps infertile couples conceive. This is based on insertion of sperm from male to facilitate smooth fertilization of the woman’s ovum.
The issue of Infertility is one of the major and serious concern across the globe which is growing amongst the youth. The female preference for pregnancy and gradual rise in the number of sub-fertile couples who require help with pregnancy, can be considered as the factors behind the market growth. The age, the quality of eggs in the women and also those women who are in their late 30s are expected to increase the demand for artificial insemination.
On the other hand, a few risks associated with artificial insemination are expected to limit the market growth. The multiple births can occur and there is a greater chance of the woman giving birth to twins or triplets. Multiple births are expected to increase the chances of complications like premature birth or miscarriage. Currently, fertility medication is used only in cases where endometriosis appears to be the cause of infertility. The female prefers the artificial insemination kits, which is successful in about 30% of cases. A doctor can recommend additionally, a treatment for fertility which is called as invitro fertilization (IVF). It is used as extracting eggs from a woman and sperm from a man. It is referred as substitute for the artificial insemination that expected to hamper the market growth.
Artificial Insemination has aimed at couples who suffer infertility problems because of the mild male factor dysfunction. It is also used for unexplained mild infertility. Artificial Insemination market is segmented in artificial insemination with homologous (AIH) and donor artificial insemination (AID). In AIH, the fertility is achieved by insertion of sperm from the husband and the second is donor artificial insemination (AID). It includes artificial insemination of a woman with sperm from an anonymous donor where the husband is found to be sterile.
Home insemination is the method of reproductive tract without sexual intercourse where the Couples usually succeed by using a syringe to inseminate the prospective mother. People can also purchase at-home Artificial Insemination kits. The kits come with items like containers for semen and syringes to collect the semen. The process is straightforward and can be difficult for a woman to perform it by her own. It can take few attempts before successful conception.
Fertility clinics are adopting numerous strategies to build knowledge and awareness about available treatment and solutions for infertility problems to increase their customer case. The number of medical centers is focusing to offer infertility treatment because of growth in infertility rates across the globe.
North American region is expected to grow at a XX% rate of CAGR during the forecast period. The growth in the market can be attributed to the female preference for artificial insemination across the region. An increase in awareness about infertility treatments available in the market, growth in the infertility rate are expected to boost the regional growth by Artificial Insemination. In America, no national law regulates Third Party Reproduction. According to the Association Society for Reproductive Medicine, access to ART should be granted to them who are considered fit for parenting.
The objective of the report is to present a comprehensive analysis of the Global Artificial Insemination Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
Global Artificial Insemination Market, By Type
• Fertility Clinics & Other Facilities
• North America
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About the Authorchetana
Joined: February 27th, 2020
Articles Posted: 152
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