The [FURL=https://www.industryarc.com/Report/16864/artificial-insemination-kits-market.html?utm_source=briefingwire&utm_medium=pressrelease&utm_campaign=paidpressrelease]Artificial Insemination Kits Market[/FURL] size is estimated to reach $2.9 billion by 2026. Furthermore, it is poised to grow at a CAGR of 7.8% over the forecast period of 2021-2026. Artificial insemination is a fertility treatment, whereby the insemination kits are subjugation and conjugation of all necessary equipment and by-products which are required to achieve pregnancy. The process involves the introduction of male semen into the female reproductive tract. Moreover, intracervical insemination and intrauterine insemination are some of how the following procedures can be performed.Key Takeaways
Geographically, Europe’s artificial insemination kits market held a dominant share. It is owing to the decreasing natural fertility rate from the past two decades. Moreover, lifestyle change and same-sex relationships have fueled the market.
The technological up-gradation of the artificial insemination kits is one of the drivers for the following market. However, the low chances of success and higher variability per case is a grave market challenge.
A detailed analysis of the strengths, weaknesses, opportunities, and threats will be provided in the Artificial insemination kits market report.
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Artificial Insemination Kits Segmentation Analysis - By Geography
The artificial insemination kits market based on Geography can be further segmented into North America, Europe, Asia-Pacific, South America, and the Rest of the World. Europe held a dominant market share of 35% as compared to the other regions. It is owing to declining fertility rates found in the woman of the following regions. To quote the statistics, the average fertility of the European Union is 1.53, of which the fertility rate of the country of Malta is as low as 1.14. At the same time, the highest of the region is registered in France- 1.86. Moreover, as per the researchers, any level below 2.1 can represent the non-replenishment of the current population level. Additionally, any number below 1.30 is considered problematic.
Artificial Insemination Kits Market Drivers
The rising cases of global infertility and same-sex relationships have positively impacted the use of artificial insemination kits
The artificial insemination kits offer a less stringent methodology and cost-effectiveness which makes it favorable over the other traditional methods
Artificial Insemination Kits Market Competitive Landscape
The top 10 artificial insemination kits market companies include Rinovum Women's Health LLC, INVO Bioscience, Medgyn Products Inc.,Fujifilm Irvine Scientific.,Kitazato Corporation, Rocket Medical plc, Genea Limited, Vitrolife, Pride Angel, Conceivex Inc.
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