One of the significant factors shaping the market is the rising infertility rates, with a rise in public awareness of alternative reproductive treatments.
At the end of 2021, the global Artificial Insemination market was estimated to be worth approximately US$ 1.9 billion. The market is expected to grow at a 9.1% CAGR and reach a value of US$ 4.5 billion by 2032.
Artificial Insemination is a type of assisted reproduction in which sperm is injected into a female patient's vagina, oviducts, or uterus. Artificial Insemination homologous (AIH) or Artificial Insemination donor semen (AID) procedures are utilised to do this quickly and comfortably.
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Advent of Telehealth and Virtual Care to Create Tailwind for the Artificial Insemination Market Growth
Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.
During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.
Since the outbreak, telehealth has gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Artificial Insemination market.
Key Artificial Insemination Market Takeaways and Projections
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Report Benefits & Key Questions Answered
Competitive Landscape Analysis
The latest study conducted by FMI provides in-depth insights into the global Artificial Insemination market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Artificial Insemination market.
Some of the prominent market players are profiled by FMI are:
Vitrolife, Genea Limited, Rinovum Women's Health, Pride Angel, Hi-tech Solutions, Fujifilm Irvine Scientific, Kitazato Corporation, Rocket Medical Plc., Conceivex Inc., TenderNeeds Fertility LLC, Genus plc
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Key Segments Covered in the Artificial Insemination Market Report
By Service Type:
By Donor Type:
By Service Provider:
Region
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.
Apr 27, 2023