Artificial Womb Market Size, Share, Growth, Trends, Industry Market Forecast 2023-2030

Artificial Womb Market Overview

An artificial womb can be used to carry a fetus to term outside of the body. As a result, the fetal heart and umbilical cord are required to sustain circulation. When these parameters are met, the infant may be switched from a natural to an artificial uterus, imitating birth before delivery. EctoLife, the world's first artificial womb facility, is a concept that is currently powered completely by renewable energy. Because of five decades of extensive and pioneering scientific research, it will be able to produce around 30,000 infants every year. It is the creation of Hashem Al-Ghaili, a Berlin-based scientific biotechnologist and communicator. It would also allow them to genetically modify the embryo before to implanting it in an artificial womb.

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Market Dynamics

The artificial womb market will rise due to an increase in the number of infertility cases, miscarriages, and stillbirths during the projected period.

Infertility, or the inability to get pregnant after more than a year of trying, may be difficult for individuals and couples. Infertility is common, and it might include being pregnant but experiencing stillbirths or miscarriages. The rising number of infertility cases throughout the world propels the artificial womb industry forward. In 2020, UCLA Health anticipated that roughly 15% of couples will have difficulty conceiving. According to Fertility Answers, around 30% of infertility cases may be linked completely to the female, 30% to the male, 30% to a combination of both couples, and 10% of cases have an unclear cause.

Furthermore, the global increase in stillbirths and miscarriages will add to market expansion. According to UNICEF.org, a stillbirth happens every 16 seconds globally, which implies that roughly 2 million infants are stillborn each year, a loss that considerably exceeds the loss of life. In 2021, around 1.9 million newborns, or one every 16 seconds, were stillborn. According to the most recent statistics, the worldwide stillbirth rate in 2020 was 13.9 stillbirths per 1,000 total births, with labor accounting for more than 40% of all stillbirths. It has a long-term catastrophic impact on women and their families all around the globe, who often face significant psychological pain and disgrace in their communities, even in high-income nations.

Market Segmentation

By End User

• Research Centers
• Specialty Hospitals
• Others

By Region

• North America
• Europe
• South America
• Asia Pacific
• Middle East and Africa

Market Key Players

Currently, there is no present competition in the artificial womb market due to the absence of key players. Still, the market is expected to show moderate competition in the future owing to new players entering the market. Currently, only some players are working on the research project, which are Juno Perinatal Healthcare, and EctoLife.

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