The Artificial Insemination Kits Market size is forecast to reach $2.43 billion by 2025, growing at a CAGR of 7.2% during the forecast period 2020-2025. Artificial insemination is infertility treatment. It is a process involving the introduction of semen into the female reproductive tract. Increasing in the prevalence of infertility and increasing female preference for pregnancy is the major factor driving the growth of the market. Increasing advancements in the technology of existing products, and more women opting to become single mothers is set to further enhance the overall market demand for the Artificial Insemination Kits Market during the forecast period 2020-2025.
Artificial Insemination Kits Market Segment Analysis - By Fertility Treatment
The In Vivo Fertilization segment held the largest share in the Artificial Insemination Kits Market in 2019 and is estimated to grow at a CAGR of 7.8% during the forecast period 2020-2025. In this type of fertilization, the fusion of sperm with egg occurs within the body of a female. Here, the male discharges the sperm into the female genital tract and the development of the embryo happens inside her uterus. Internal Fertilization is a natural process and it only requires a single egg from a single egg follicle to produce an embryo. So it means very few gametes are required for internal fertilization. Since the fertilized egg stays isolated within the tough protective layers of the uterus in the female body, the survival rate of the embryo is higher in internal fertilization. Most of the women who conceived naturally through internal fertilization have single offspring; except in few such cases where they conceive twins, triplets, or more. Chances of babies born with abnormalities through internal fertilization are less in comparison to external fertilization. In Vivo Fertilization is set to be the highest growing segment and is estimated to register the highest CAGR during the forecast period 2020-2025.
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Artificial Insemination Kits Market Segment Analysis - By Technique
The Intracervical Insemination segment held the largest share in the Artificial Insemination Kits Market in 2019. Intracervical insemination (ICI) is one of the oldest and most common artificial insemination procedures. The timing of the ICI procedure is very important, as it should be performed around the time of ovulation to increase the chances of conception. The woman can be placed on fertility drugs to help her produce multiple eggs, and her fertility cycle will be monitored to choose the right time to perform the ICI procedure. Candidates for ICI procedures include couples that are dealing with male fertility issues such as low sperm count or motility. The procedure is also recommended to women that have cervical mucus problems. Intracervical Insemination is set to be the highest growing segment and is estimated to register the highest CAGR during the forecast period 2020-2025.
Artificial Insemination Kits Market Segment Analysis - By Geography
Asia Pacific dominated the Artificial Insemination Kits Market in 2019 with a share of more than 35.19%, followed by Europe owing to the technological advancements and favourable rules and regulations in the region. Increasing the health sector and private sector investment is also increasing the growth of the Artificial Insemination Kits Market in this region.
However, Europe is estimated to grow at a higher CAGR during the forecast period 2020-2025 owing to the increasing prevalence of infertility among the populace and less stringent regulations.
Artificial Insemination Kits Market Drivers
Increasing prevalence of infertility
The increasing prevalence of infertility is increasing the growth of the Artificial Insemination Kits Market. Infertility helps many patients who would be otherwise unable to conceive. Infertility can occur in either of the couples and in some cases, the problem might be there in both. It is very different from the natural and conventional methods of conception. Here the eggs and sperms are combined outside in a laboratory to form the embryos, which are later placed in the uterus. IVF enabled many childless couples to have their biological child. Initially, the field of reproductive medicine and initiated to help infertile couples, but with a better understanding of the process, it can now be extended to many others who desire help. Nowadays, women can reproduce whenever they decide to owe to a fertility preservation facility which is called social egg freezing. Thus, increasing the growth of the Artificial Insemination Kits Market during the forecast period 2020-2025.
Increasing advancements in technology of fertility treatment
Increasing advancements in the technology of fertility treatment are increasing the growth of the Artificial Insemination Kits Market. Infertility is mainly owing to a different gynaecological disorder like ovulation disorder, fallopian tube damage, hormonal problems, cervical issues, and polycystic ovary syndrome including many health issues that can also lead to infertility. Creating three-parent embryos is a new technique of fertilizing the egg of two women in a single sperm. In this technique, part of the eggs from two women is taken and fertilized in a man’s sperm. Young men and women can freeze their eggs ad sperms for later use. Uterus transplantation surgeries are generally successful and most of the patients can carry out pregnancy in the donated womb. Thus, increasing the growth of the Artificial Insemination Kits Market during the forecast period 2020-2025.
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Artificial Insemination Kits Market Challenges
Unfavourable reimbursement scenario and increasing cost of surgical procedures before and after pregnancies
Some of the factors that are set to impede the growth of the Artificial Insemination Kits Market are unfavourable reimbursement scenario and increasing cost of surgical procedures before and after pregnancies.
Artificial Insemination Kits Market Industry Outlook
Product launches, mergers and acquisitions, joint ventures, and R&D activities are key strategies adopted by players in the Artificial Insemination Kits Market. In 2019, the Artificial Insemination Kits Market share is consolidated by the top ten players present in the market. Artificial Insemination Kits Market, the top 10 companies are Rinovum Women's Health LLC, INVO Bioscience, Medgyn Products Inc., Fujifilm Irvine Scientific., Kitazato Corporation, Rocket Medical plc, Genea Limited, Vitrolife, Pride Angel, Hi-Tech Solutions, Conceivex Inc, and TenderNeeds Fertility among others.
Acquisitions/Product Launches
In August 2018, FUJIFILM Corporation acquired Irvine Scientific Sales Company to develop and manufacture biopharmaceuticals and regenerative medicine treatments by acquiring a pair of cell culture media businesses for a combined $800 million.
Key Takeaways
The Asia Pacific dominated the Artificial Insemination Kits Market in 2019 owing to the increasing infertility rate and raising awareness about the available treatment options. The Artificial Insemination Kits Market scope for different regions will be provided in the final report.
Modern women’s change in their lifestyles and their focus on planned parental care is likely to aid in the market growth of the Artificial Insemination Kits Market.
Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Artificial Insemination Kits Market report.
Unfavourable reimbursement scenario and increasing cost of surgical procedures before and after pregnancies are poise to create hurdles for the Artificial Insemination Kits Market.
Related Reports :
A. Home Insemination Market
https://www.industryarc.com/Report/16861/home-insemination-market.html
B. Sperm Bank Market
https://www.industryarc.com/Report/17440/sperm-bank-market.html
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