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Intrauterine insemination device market size analysis: 2023-2033

Posted on by darion

Intrauterine insemination device market
Intrauterine Insemination Devices Market

The global intrauterine insemination device market is on a significant growth path, estimated to be valued at USD 57.5 million by 2033 from USD 40.5 million in 2023. This steady growth reflects the compound annual growth rate (CAGR). ) at 3.6%, driven by the growing number of infertility cases and advances in assisted reproductive technology.

Countries like the UK, the US, China, and India are playing a key role in the growth of the market as key manufacturers of IUI devices. The increasing incidence of infertility issues among couples has boosted the demand for IUI as a viable treatment option. Unlike more invasive methods, IUI offers a less expensive and minimally invasive approach, which contributes to its growing popularity across the globe.

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Technological innovations have greatly improved the effectiveness of IUI devices, enabling greater precision and better patient outcomes. These advances include ergonomic designs and improved functionality, allowing medical personnel to perform procedures more efficiently.

“Growing awareness of infertility treatments coupled with societal acceptance of non-traditional families has also boosted demand,” noted FMI, a leading player in the IUI device market. “More people are choosing IUI as their preferred choice, attracted by its affordability and effectiveness compared to more invasive alternatives.”

Market growth is further fueled by increasing adoption among single women and same-sex couples, who often seek donor sperm for IUI procedures. This trend is particularly evident in regions where cultural norms and legal frameworks support diverse family structures.

With the ever-growing demand for infertility treatment solutions worldwide, the intrauterine insemination (IUI) device market is poised for steady expansion in the coming years.

The most important conclusions: The market of intrauterine insemination devices

  • The global intrauterine insemination devices market is expected to reach USD 57.5 million by 2033, growing at a constant growth rate of 3.6% CAGR.
  • The most important producing countries include the USA, Great Britain, China and India.
  • The United States ranks first with a projected valuation of $8.7 million by 2033 and a CAGR of 4.1%.
  • This dominance is being driven by advances in assisted reproductive technologies (ART), such as IUI and in vitro fertilization, which translate into higher success rates.
  • The growing use of ART is confirmed by CDC data: in 2017, 1.7% of U.S. newborns were on ART, and in 2018 this increased to 1.9%.
  • Germany represents a lucrative market in Europe with a compound annual growth rate (CAGR) of 4.8% and a projected valuation of USD 1.2 million by 2033.
  • Factors such as delayed childbearing, rising infertility rates, and accessible health care with good coverage for IUI fuel needs for IUI devices.
  • Japan is a significant player in East Asia, with a dominant 63.1% share of the regional IUI device market (2021).
  • This dominance has been attributed to factors such as large population size, lower costs of IUI, and regional support for infertility treatment.
  • The intrauterine insemination device market in China is estimated to grow at a compound annual growth rate (CAGR) of 3.3% to reach USD 5.5 million by 2033.
  • This growth is being driven by the rising number of infertility cases and the expansion of healthcare infrastructure, including IVF clinics, to meet the diverse needs of patients.

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Competitive environment:

Leading players in the intrauterine insemination devices market are primarily focused on expanding their geographic presence and product offerings. This strategy enables them to diversify their product portfolios and increase market penetration, ultimately increasing their revenue share in the global market.

By expanding their geographic reach, these companies can capitalize on the growing demand for intrauterine insemination devices in emerging markets. At the same time, by expanding their product offerings, they can meet the diverse needs of their customers. As a result, the market leaders are well-positioned to maintain their dominance in the years to come.

Examples of key strategies implemented by manufacturers include:

  • In April 2018, Cooper Surgical acquired an equity stake in Life Global Group, a leading provider of in vitro fertilization devices, for $125 million to expand its fertility treatment offering.
  • In January 2019, Cook Medical acquired a cigarette factory to transform it into a world-class medical device facility in the United States.
  • In October 2018, Kitazato Corporation announced a collaboration with Overture Life to develop and commercialize automation devices for in vitro fertilization.

Key players in intrauterine insemination Equipment Industry Switch on:

  • Cooper Companies Inc.
  • Cook Medical Inc.
  • Vitrolife AB
  • Rinovum Women’s Health, LLC
  • Ferring BV
  • ZEUS Scientific, Inc.
  • Fujifilm Holdings Corporation
  • Merck KGaA
  • INVO Bioscience, Inc.
  • Cook Medical LLC

Key market segments covered by industry research on intrauterine insemination devices:

By product:

  • Intrauterine insemination catheters
  • Intrauterine insemination medium/Semen wash

By end user:

By region:

  • North America
  • Latin America
  • Europe
  • southern Asia
  • eastern Asia
  • Oceania
  • Middle East and Africa (MEA)

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About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, Stevie Award winner and member of the Greater New York Chamber of Commerce) offers in-depth insights into the factors driving market demand. FMI is a leading global provider of market intelligence, advisory services, consulting and events for the packaging, food and beverage, consumer technology, healthcare, industrial and chemical markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional and local expertise on various industry disciplines and trends in over 110 countries.

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