Artificial Insemination Market Size, Share, Growth Analysis, By Type (Intrauterine, Intravaginal), By Source Type (AIH-Husband, AID-Donor), By End Use (Fertility Clinics, Other Facilities), By Region -Industry Forecast 2024-2031.

Global Artificial Insemination Market size was valued at USD 2.1 billion in 2022 and is poised to grow from USD 2.2 billion in 2023 to USD 3.8 billion by 2031, growing at a CAGR of 8.01% during the forecast period (2024-2031).

The major growth drivers for the market include an increasing demand for assisted reproductive technologies and surging incidence of infertility. With the rapid changes in lifestyle and incidence of medical conditions such as endometriosis and PCOS, artificial insemination techniques are needed, hence driving the growth of the market. Increasing access and acceptance of artificial insemination in developing countries further confirms this. Technical development has also provided ways for the growth of the industry in forms such as an improved method for the selection of sperm and eggs, cryopreservation, and pre-implantation genetic testing.

In addition, same-sex marriage, acceptance of LGBT parenthood, the availability of donor sperm and eggs, and medical technology are believed to lead the industry to further growth. Moreover, the market is growing because of more enabling policies to support this, awareness, and education campaigns on artificial insemination and infertility issues are rising, and there is increased demand for personalized and customized treatments. Other factors beneficially affecting the market growth include the availability of insurance coverage for the procedure, the trend for delaying childbearing to pursue professional goals, and more clinics and medical institutions performing artificial insemination.