Artificial Insemination is a treatment for infertility. It is a medical process involving introduction of semen into the female reproductive tract. It is recommended to the couples experiencing unexplained infertility or problem with intercourse. Major issues impacting the artificial insemination market are changing lifestyles and better technology. A drastic change in lifestyles caused by rapid urbanization has led to women going for pregnancy at a later age. Other resultant factors for the artificial insemination market are increasing psychological stress, addiction, and poor reproductive health of women. Technological advancement is aiding parents in opting for such medical procedures. Growth in disposable income is also creating scope for treatments which can promote the artificial insemination market in the foreseeable future. Government regulations are becoming lenient which can trigger the market expansion rate in the coming years.
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Global Artificial Insemination Market sees immense growth possibilities during the forecast period (2017-2023) where exceeding a total valuation of USD 1.95 billion mark is on the cards. In the process, the artificial insemination market can easily attain 10.9% CAGR over the forecast period.
Artificial Insemination Market – Key Players
- Labotect GmbH (Germany)
- Hamilton Throne Ltd. (U.S.)
- Microtech IVF S.R.O. (Czech Republic)
- Rinovum Women’s Health LLC (US)
- Zander Scientific Inc. (U.S.)
- INVO Bioscience (U.S.)
- Nikon Instruments Inc. (U.S.)
- MedGyn Products Inc. (U.S.)
- Conceivex Inc. (US)
- Biogenics Inc. (U.S.)
- LifeGlobal Group LLC (U.S.)
- TenderNeeds Fertility (US)
- Surelife Pte Ltd. (Singapore)
Artificial Insemination Market – Segmentation
MRFR segments the Global Artificial Insemination Market by type and end-users for a better predictive analysis of the market over the forecast period. This segmentation is enriched with data containing both volume-wise and value-wise information.
Based on the type, the artificial insemination market can be segmented into intrauterine insemination, intracervical insemination, intratubal insemination, and other procedures. The intrauterine insemination segment has a significant market share owing to which the global market is looking promising.
Analysis with a focus on end-users reveals the artificial insemination market holding hospitals, clinics, fertility centers, and others as contributors to the holistic market growth. The clinics segment is contributing significantly.
Artificial Insemination Market – Regional Analysis
Depending on geographic region, artificial insemination market is segmented into four key regions: Americas, Europe, Asia-Pacific and Middle East and Africa. North America is the largest market. The cost of artificial insemination in America in between USD 300 to USD 500 per attempt. According to American Society of Reproductive Health, the typical success rate is 10 to 20 percent. Continuous increasing in number of fertility clinics in the U.S and Canada, increase in drug addiction and smoking among women, unprotected sexual intercourse and rising trend of planned pregnancy favor the growth of this market in America. The European market is also growing continuously.
Deterioration of reproductive health among women, increased age of women at the time of pregnancy, rising income of families and demand of technological advancement in artificial insemination drive this market in Europe. Asia-Pacific market is expected to show fastest growth in the Artificial Insemination Market during the forecasted period. Rise in number of miscarriages, lack of awareness about reproductive health, increase in psychological and physical stress favor the growth of this market in Asia-Pacific. Government of India has number of programs for women in rural areas. In India, Janani Suraksha Yogana under National Health Mission was a great success initiating women to carry out institution delivery which provided cash assistance to pregnant women after delivery. Middle East and Africa show steady growth in this market.
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