Intra-Uterine Therapies Market it will grow upto USD 126.68 million by 2030

During the past few years, a constant rise in infertility rate is witnessed as people suffer from diseases such as erectile dysfunction and Polycystic Syndrome (PCOS). The technological advancements in the Intrauterine Insemination (IUI) technique are surging the chances to conceive. Currently, people are becoming more aware of the intrauterine insemination procedure because of the increasing awareness efforts presented by the public health foundations.

Data Bridge Market Research analyses a growth rate in the intra-uterine therapies market in the forecast period 2023-2030. The expected CAGR of intra-uterine therapies market is tend to be around 3% in the mentioned forecast period. The market is valued at USD 100 million in 2022, and it will grow upto USD 126.68 million by 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Market Definition

The Intrauterine Insemination (IUI) is minimally invasive and cost-effective first-line therapy for patients than the other fertility treatment options. The aim of this treatment is to improve the chances of fertilization by growing the number of healthy sperm that reach the fallopian tubes when the woman is most fertile. This treatment is performed during an ovulation cycle. In most of the patients, most commonly the fertility medication, such as Clomid is used to stimulate ovulation

Intra-Uterine Therapies Market Dynamics
Drivers

Increasing Fertility Rate
In the last few years, a constant rise in infertility rate is witnessed as people are suffering from diseases such as erectile dysfunction and Polycystic Syndrome (PCOS).The alteration and disruption in lifestyle and people wanting children later in life may cause some complications. As per the National Women's Health Resource Center, infertility affects almost 20 million women. In 2017, United Nations World Population Prospects report anticipated that the total fertility rate would reduce from 2.43 to 2.39 (children per woman) between the years 2020 and 2030. This growing occurrence of infertility among the world's population is boosting the Intrauterine Insemination (IUI) Devices market forward. Thus, this factor boosts the market growth.

Opportunities

Increasing Government Initiatives and Awareness
People are becoming more aware of the intrauterine procedure due to the awareness efforts presented by the public health foundations, the demand of these devices are boosting the market growth. Additionally, governments of respective countries are taking numerous initiatives, which is in turn boosting the market growth worldwide. For instance, the Union Cabinet of India approved Assistive Reproductive Technology Regulation Bill 2020 to regulate clinics providing safe and ethical ART services to infertile couples. Numerous government modifications in laws favouring same sex couples and single parents is going to incraese the market growth. This as a result, increases the demand for the market.

Rising Technological Advancements
The technological advancement in the Intrauterine Insemination (IUI) technique is growing the chances to conceive. Technological advances in automation and AI enable higher success rates by monitoring hormonal levels combined with other health parameters, increasing market growth in the upcoming years. Furthermore, numerous emerging FemTech companies are now providing market particular products and have therefore presented opportunities for market development of intrauterine insemination devices. For instance, GE Healthcare (US) and Vitrolife AB partnered to enhance the patient outcomes in assisted reproductive technology in June 2018. Thus, this factor boosts the market growth.

Restraints/Challenges

Increasing Expenditure of Treatment
The high cost related with the treatment procedures hamper the market growth. These intra uterine therapies specifically intrauterine insemination, cost high and people in the highly developing and underdeveloped countries, cause the under-treatment of several patients. This impedes the market growth.

This intra-uterine therapies market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the intra-uterine therapies market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

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