Growth Drivers
Increasing Incidence of PCOS– The 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.
PCOS causes hyperandrogenism and oligo-anovulation that are directly associated with infertility. A large number of women suffer from PCOS across the globe. For instance, approximately 75% of women worldwide are living with infertility owing to PCOS. 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 Abuse – Almost 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. It has been observed that extreme consumption of drugs can reduce the chance of having a baby by reducing fertility in both men and women.
Increment in Smoking Habits – In 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. Smoking habits are scientifically proven that can make the process of conceiving a child quite complex since exposure to smoking can damage the reproductive system and harm the DNA in sperm.
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 globally every year. Chemotherapies have been observed to affect ovaries by making them stop releasing estrogen and eggs.
Higher Prevalence of Obesity – As 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. Additionally, 6% of women worldwide experience fertility struggles owing to obesity.
Challenges
Base Year |
2023 |
Forecast Year |
2024-2036 |
CAGR |
3.8% |
Base Year Market Size (2023) |
USD 41.52 Billion |
Forecast Year Market Size (2036) |
USD 67.43 Billion |
Regional Scope |
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Author Credits: Radhika Pawar
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