Artificial Insemination Market Size, Share, Growth 2019, Analysis by Antigen, Application, End-Users, Regional Segmentation and Key Player Profiles upto 2027
Impact Analysis of Covid-19
The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
Artificial insemination is a medical process involving the deliberate introduction of sperm into a female mammal’s uterus for the purpose of impregnating or fertilizing her for sexual reproduction. It is primarily a fertility treatment process for humans, and is a usual practice for animal breeding. Recipients of artificial insemination include single mothers and infertile couples. Intrauterine Insemination (IUI) is the most widely operated method of artificial insemination. Increasing prevalence of reproductive infertility is an indispensable factor contributing to the growth of the global artificial insemination market. According to a research paper published in PLOS Medicine, in 2010, around 48.5 million couples worldwide were unable to conceive a child. These days, various home-use kits, including ovulation kits, pregnancy detection kits, and insemination devices, are available globally for couples.
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Global Artificial Insemination Market Dynamics
Numerous pharmaceutical companies around the world have been actively developing new products like insemination kits, some of which are currently undergoing clinical and preclinical trials. This, in turn, is propelling the growth of the global artificial insemination market. For instance, a 2015 clinical trial of Stork OTC kit showed effectiveness at delivering higher concentrations of sperm to the cervix as compared to natural intercourse. The Stork OTC delivered an around three times higher value of sperm concentration to up to 85% of the subjects participating in the study, whereas, the remaining 15% showed no change in sperm concentration at the cervix. The device, which received an over-the-counter approval from the FDA in July 2014, provides a safe and simple way for users to deliver the sperm, avoiding an unfavorable vaginal environment.
As per the National Women’s Health Resource Center, infertility impacts over 20 million women across the globe. In the 2017 United Nations World Population Prospects report, it was speculated that the total fertility rate would decrease from 2.43 to 2.39 (children per woman) between the years 2020 and 2030. Rising incidence of infertility is majorly boosting the global artificial insemination market expansion.
However, stringent regulations regarding fertility treatments, which are being implemented across several countries, is a significant factor hampering the global market growth. For instance, Italy and France forbid lesbian couples and single women from using artificial insemination devices. Moreover, Norway and Germany have strictly prohibited egg donations; however, sperm donations are allowed in these countries.
Global Artificial Insemination Market – Regional Insights
The North America market holds the dominant position in the global artificial insemination market, owing to technological advancements and favorable rules and regulations in the region. For instance, according to 2018 National Conference of State Legislature report, 14 states have laws mandating that employers offer insurance for fertility treatment. Hawaii, Arkansas, Texas, and Maryland mandate coverage for in vitro fertilization only, excluding inseminations.
Furthermore, the Asia Pacific artificial insemination market is projected to witness significant growth owing to increasing prevalence of infertility among the populace and less stringent regulations. For instance, according to the United Nation Department of Economic and Social Affairs 2015 report shows a fertility rate decline from 1.3 to 1.4 children per woman.
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Global Artificial Insemination Market – Competitive Landscape
The key players operating in the global artificial insemination market include Pride Angel, Irvine Scientific, Hi-Tech Solutions, Rinovum Women’s Health, LLC, TenderNeeds Fertility, Conceivex, Inc., Labotech GmbH, Hamilton Throne Ltd., Biogenics Inc., Nikon Instruments Inc., Zander scientific Inc., and Surelife Pvt. Ltd. These players have been adopting various growth strategies, such as collaborations, acquisitions, and new product launches, to maintain their positions in the global market. For instance, in 2016, Worthington Industries, in collaboration with Intellectual Ventures, launched the innovative AIS 3 and AIS 1.5 artificial insemination shield refrigerators equipped with the advanced artificial insemination shield canisters for holding samples.
On the basis of procedure type, the global artificial insemination market is segmented into:
- Intrauterine Insemination
- Intracervical Insemination
- Intravaginal Insemination
- Intratubal Insemination
Based on product type, the global artificial insemination market is bifurcated into:
- Insemination Kits
- Home Conception Devices
The global artificial insemination market comprises various end users, such as:
- Fertility Centers
The global artificial insemination market is geographically segmented into:
- North America
- Latin America
- Asia Pacific
- Middle East
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