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Intrauterine Insemination Devices Market Analysis by Product Type {IUI Catheters (Curved, Flexible, and Straight), and IUI Media/ Sperm Wash}; and by End User (Hospitals, and IVF Clinics) – Global Supply & Demand Analysis & Opportunity Outlook 2022-2031

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Inflation And Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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Purchasing power in the couPurchasing power in the country is expected to fell nearly by 2.5%. On the other hand, European countries to see the worst coming in the form of energy crisis especially in upcoming winters!! Right after COVID-19, inflation has started gripping the economies across the globe. Higher than anticipated inflation, especially in western world had raised concerns for national banks and financial institutions to control the economic loss and safeguard the interest of the businesses. Increased interest rates, strong USD inflated oil prices, looming prices for gas and energy resources due to Ukraine-Russia conflict, China economic slowdown (~4% in 2022) disrupting the production and global supply chain and other factors would impact each industry negatively.                                                         Request Insights

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IN THE NEWS

  • Cook Group Incorporated has innovated a Benchtop Incubator called the MINC+ which includes a DishTrace platform with a touchscreen and a software program to provide a wide range of dish-data management tools to embryologists.
  • The Cooper Companies, Inc. announced its acquisition of Generate Life Sciences to provide better products and services such as provision of donor eggs and sperm, cryopreservation, and newborn stem cell storage to fertility clinics and obstetricians/ gynecologists.

Global Intrauterine Insemination Devices Market Size, Forecast, and Trend Highlights Over 2022 - 2031

Intrauterine-Insemination-Devices-Market-Analysis

The global intrauterine insemination devices market is estimated to garner a revenue of USD 54 billion by the end of 2031 by growing at a CAGR of ~4% over the forecast period, i.e., 2022 – 2031. Further, the market generated a revenue of USD 36 billion in the year 2021. The market growth is estimated to be on the back of the increasing occurrence of infertility across the world. It is estimated that over 14% of couples worldwide are unable to conceive, compelling the global demand for intrauterine insemination devices.

Intrauterine-Insemination-Devices-Market

Intrauterine insemination is an artificial process in which the sperm is placed in the upper uterine cavity in order to ease conception. The goal of the procedure is to increase the number of sperms inside a woman’s uterus, thereby raising the chances of impregnation. Catheters, intrauterine insemination media, and sperm wash are some intrauterine insemination devices. They are used when women are unable to get pregnant owing to a condition called endometriosis. Endometriosis afflicts about 10% of women and girls of childbearing age around the world, according to data by the World Health Organization (WHO). This is predicted to promote the growth of the global intrauterine insemination devices market.

Global Intrauterine Insemination Devices Market: Growth Drivers and Challenges

Growth Drivers

  • Increasing Incidence of PCOSThe Centers for Disease Control and Prevention (CDC) estimates that around 6% to 12% of women in the United States suffer from polycystic ovary syndrome, which amounts to roughly 5 million of them. This is considered to be one of the main reasons for infertility in women and it is expected to increase the global intrauterine insemination devices market size.
  • Surge in Drug AbuseAlmost 11 million people around the world consume psychoactive drugs, as per the data collected by the World Health Organization (WHO). This causes infertility in many couples and is estimated to drive the intrauterine insemination devices market growth.
  • Increase in SmokingIn 2019, there were more than a billion smokers, according to a comprehensive study on worldwide smoking trends. This affects fertility and is predicted to increase the demand for artificial insemination.  
  • Rise in the Number of Cancer Cases and Chemotherapy – Cancer treatments may lead to poor reproductive health. According to the National Cancer Institute, cancer incidence is calculated to be approximately 442 per 100,000 people every year.
  • Increase in ObesityAs of 2019, there were about 2500 million overweight people around the World. Obesity affects nearly 39% of the global population. This condition is predicted to boost the global intrauterine insemination devices market as obesity may lead to the inability to conceive.

Challenges

  • Risk of Infection
  • Higher Costs Associated with the Treatment
  • Preference for Alternative Procedures

The global intrauterine insemination devices market is segmented and analyzed for demand and supply by End User into hospitals and IVF clinics. Of them, the IVF Clinics sub-segment is expected to lead the intrauterine insemination devices market during the forecast period owing to the increasing count of cutting-edge IVF clinics cropping up across the world. Furthermore, there is a growing demand for assisted reproductive technology (ART) from childless and homosexual couples, which is anticipated to propel the intrauterine insemination devices market growth. According to a report published by CDC, about 489 clinics in the United States executed 3,226 ART procedures for every million women of reproductive age.

Major Macro-Economic Indicators Impacting the Market Growth

Global-Healthcare-Expenditure

According to the statistics by the World Health Organization, the global per capita healthcare expenditure amounted to USD 1,064.741 in the year 2017. The worldwide healthcare expenditure per person grew from USD 864.313 in 2008 to USD 1,110.841 in 2018, where the U.S. is the top country that amounted to healthcare expenditure of USD 10, 623.85 per capita in 2018. As of 2018, the domestic general government healthcare spending in the U.S. was USD 5355.79, which grew from USD 3515.82 in 2008. These are some of the factors responsible for market growth over the past few years. Moreover, as per the projections by the Centers for Medicare & Medicaid Services (CMS), the estimated average annual percent change related to National Health Expenditures (NHE) in the U.S. was 5.2% in 2020 as compared to 2019 (4.5%). Furthermore, the National Health Expenditures are projected to reach USD 6,192.5 Billion in 2028, where the per capita expenditure is estimated to touch USD 17,611 in the same year. These are notable indicators that are anticipated to create lucrative business opportunities in upcoming years.

Global Intrauterine Insemination Devices Market Regional Synopsis

Regionally, the global intrauterine insemination devices market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in Asia Pacific is projected to hold the largest market share by the end of 2031 owing to the increasing incidence of infertility across the region. A number of infertility treatment clinics are being set up in some developing countries to cater to the growing demand for artificial insemination. Almost 28 million couples in India sought alternative treatment options for conception. Further, over 1600 IVF clinics and hospitals perform an average of 225,000 ART cycles in a year in India, as per latest study.

Intrauterine-Insemination-Devices-Market-Scope

The global intrauterine insemination devices market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

Market Segmentation

Our in-depth analysis of the global intrauterine insemination devices market includes the following segments:

By Product Type

  • IUI Catheters
    • Curved
    • Flexible
    • Straight
  • IUI Media / Sperm Wash

By End User

  • Hospitals
  • IVF Clinics
 
Top Featured Companies Dominating the Global Intrauterine Insemination Devices Market
  • The Cooper Companies, Inc. 
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
  • Cook Group Incorporated
  • Kitazato Corporation
  • Rocket Medical PLC
  • Prince Medical SAS
  • Gynotec B.V.
  • SURGIMEDIK Healthcare India Pvt. Ltd.
  • MedGyn Products, Inc.
  • MEDITECH DEVICES PVT LTD
  • Biorad Medisys Pvt. Ltd.

 

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