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Artificial Insemination Market - Size, Share, Outlook, and Opportunity Analysis 2018-2026
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Artificial Insemination Market Dynamics
Major pharmaceutical companies are vigorously developing products that are in clinical and preclinical trials and launching new insemination kits that have demonstrated potential benefits, which in turn is propelling the artificial insemination market growth. For instance, 2015 clinical trial study of Stork OTC kit showed effectiveness at delivering higher concentration of sperm to the cervix than natural intercourse. The Stork OTC delivered 3.23x higher value of sperm concentration to around 85% of the subjects in the study, whereas the remaining 15% showed no change in sperm concentration at the cervix. The Stork OTC received FDA over-the-counter approval in July 2014. The kit helps collect, insert, and transport sperms directly at the opening of the cervix for prolong duration, providing sperms the opportunity to enter into the uterus. The Stork OTC provides a safe and simple way for users to avoid unfavorable vaginal environment, to deliver the sperm.
However, stringent regulations being implemented by most countries regarding who is applicable to receive fertility treatments, is hindering growth of the artificial insemination market size. For instance, Italy and France forbid lesbian couples and single women from using artificial insemination. Italy and Austria are among those banning all sperm and egg donations for IVF. Norway and Germany ban egg donations, however, allow sperm donations.
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Artificial Insemination Market – Regional Insights
On the basis of the region, the global artificial insemination market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. 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.
Artificial Insemination Market – Competitive Landscape
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 Pte Ltd. Key players are adoption growth strategies such as collaborations, acquisition, and new product launches to maintain a dominant position in the 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.
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Artificial Insemination Market Taxonomy
On the basis of procedure type, the global artificial insemination market is segmented into: Intrauterine Insemination, Intracervical Insemination, Intravaginal Insemination, Intratubal Insemination,.
On the basis of product type, the global artificial insemination market is segmented into: Insemination Kits, Home Conception Devices, Accessories,.
On the basis of end user, the global artificial insemination market is segmented into: Hospitals, Clinics, Fertility Centers, Others,.
On the basis of geography, the global artificial insemination market is segmented into: North America, Latin America, Europe, Asia Pacific, Middle East, Africa,.
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