Description
Artificial Insemination Market size was valued at USD 2.1 billion in 2021, growing at a CAGR of 8.4% during 2022-2028. In order to cure infertility, a procedure known as artificial insemination involves placing semen directly into a woman’s womb. The aim of this treatment is to directly inject cleaned sperm into the uterus, cervix, or fallopian tubes using a thin, flexible foley catheter that is inserted through the cervix. This can then lead to pregnancies in women who were previously unable to get pregnant for various reasons. Intrauterine insemination is another name for this procedure in medicine. Due to the increased incidence of infertility problems in both males and females, broad technology breakthroughs in the medical field, and rising healthcare costs across the globe, this market vertical is experiencing profitable growth.
The Artificial Insemination Market Key Developments:
In 2016, Worthington Industries, collaborated with Intellectual Ventures and launched AIS 3 and AIS 1.5 artificial insemination shield refrigerators holding samples.