Artificial Intelligence
Artificial Insemination Market Size is projected to reach USD 4.12 Billion by 2030, growing at a CAGR of 9%: Straits Research
New York, United States, June 22, 2022 (GLOBE NEWSWIRE) — Over the past few years, more and more people around the world have stopped being able to have children. According to WHO survey from 2010, about 10% of women have some kind of problem with not being able to have children. The National Institutes of Health also said that about 12% of couples of childbearing age have trouble getting pregnant. Intrauterine Insemination (IUI) had most of the market share in 2018 and is likely to be one of the fastest-growing segments over the next few years.
It is how most people start a family. It is usually a procedure that does not hurt and can be done with or without drugs. Over the past few years, the number of medical centers that treat infertility has grown a lot. This is because the number of people who cannot have children has grown around the world. Infertility clinics try to get pregnant by using invasive methods like intrauterine insemination and intratubal insemination. Also, fertility clinics clean the sperm so that it can be used for insemination. This is called “sperm washing.” This makes it more likely that you will get pregnant.
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Constant Rise in the Infertility Rate with Growing Awareness and Social Acceptance of Assisted Reproductive Technologies Major Driving Factor for Market Growth
Over the past few years, more and more people around the world have stopped being able to have children. WHO says that about 10% of women are directly or indirectly affected by infertility. One out of every four couples in developing countries has trouble getting pregnant because of infertility. About 12% of couples old enough to have children are affected by this. Estimating information about infertility is still hard because both male and female infertility factors are complex.
Infertility is becoming more common around the world because more people are getting diseases like erectile dysfunction and Polycystic Ovary Syndrome (PCOS). Changes in lifestyle and the fact that more women who work want to have children later in life could cause problems. Stress, drinking alcohol, a change in lifestyle, and a drop in the number and movement of sperm can all make it hard for men to get pregnant. The constant rise of infertility in both men and women drives the market for artificial insemination.
Even though IVF is considered a more advanced form of Assisted Reproductive Technology (ART), artificial insemination is usually the first step in treating infertility. People used to think that it was wrong, unnatural, or unethical, so they made it illegal. People in the community, among family members, and among friends made judgments about the families whose children were born through ARTs.
Government programs and changes to the law are driving the need for artificial insemination procedures. Infertility treatments are covered by health insurance in about 14 states in the US. In Canada, the government is taking steps to keep the population from going down. For instance, it has paid for a number of IVF and artificial insemination cycles. Also, the Canadian government gives tax credits of up to 40% to people who use fertility treatments. In some cases, the NHS in the UK will cover up to six Intrauterine Insemination (IUI) cycles.
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Standardization and Guidelines for Artificial Insemination Procedures Create Growth Opportunities for Clinics and Newcomers in the Market
When rules in different countries are the same, patients are safer, which makes procedures more popular. Also, the names of donors are kept secret by government rules. So, it gives a chance to couples who want to try artificial insemination. In underdeveloped countries, where about 10% of women have trouble getting pregnant and starting a family, it is not easy to find solutions for infertility. By letting people know about the problems with infertility, the market will grow.
There are a lot of growth opportunities in the market because more people in developing countries are learning about infertility treatments and offering high-quality, cost-effective services to patients. Also, grants from the government to help set up clinics could give newcomers to the market more ways to make money. Several clinics are combining with other clinics to offer more services. This style is very popular in Spain, Australia, Sweden, and the UK. Vitrolife bought Octax and MTG in May 2016 to add to their laser technology for treating infertility.
Regional Analysis of the Global Artificial Insemination Market
The main parts of the global artificial insemination market are North America, Europe, and Asia-Pacific. Europe has the largest share of the market and is the most powerful region.
Europe –
The market in Europe was worth USD 749 million in 2021 and is expected to be worth USD 1600 million by 2030, at 9% CAGR. Europe is said to be one of the best places to get health care in the world. Since it has a lot of resources and a lot of health-conscious people, it also leads this market segment to grow at a rapid pace.
Asia-Pacific –
Asia-Pacific is the second most important region in this market segment, with a market value of USD 593 million in 2021 at a CAGR of 9%, which will take it to USD 1287 million in 2030. Asia-Pacific is becoming a center for healthcare facilities because the industry is growing there. This is why the market for healthcare facilities is growing steadily in Asia-Pacific.
North America –
North America is listed as the third region in this segmentation. In 2021, its market was worth USD 451 million, and it is expected to be worth USD 917 million by 2030, at a CAGR of 8%.
Key Highlights –
- The global artificial insemination market to grow at USD 4121 million by 2030 at a CAGR of 9% from the early figures of USD 1929 million in 2021.
- Intrauterine insemination is the most dominant segment of artificial insemination that accounts for a market value of USD 1433 million in 2021 and reaching USD 3086 million by 2030 at a CAGR of 9%.
- The fertility clinics owe the major market share in the end-use segmentation with a market value of USD 1694 million in 2021 and growing at USD 3530 million by 2030 at a CAGR of 9%.
- With respect to regional segmentation, Europe has the major market share with a market value of USD 749 million in 2021 and is expected to reach USD 1600 million by 2030 at a CAGR of 9%.
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Competitive Analysis of the global Artificial Insemination Market –
The major key players in the global artificial insemination market are –
- Vitrolife
- Genea Limited
- Rinovum Women’s Health
- Pride Angel
- Hi-tech Solutions
- Fujifilm Irvine Scientific
- Kitazato Corporation
Global Artificial Insemination Market: Segmentation
By Type
- Intrauterine Insemination
- Intracervical Insemination
By End-Use
- Fertility Clinics
- Home
By Region
- North America
- Europe
- Asia-Pacific
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TABLE OF CONTENT
1 Introduction
1.1 Market Definition
1.2 Market Scope
2 Research Methodology
2.1 Primary Research
2.2 Research Methodology
2.3 Assumptions & Exclusions
2.4 Secondary Data Sources
3 Executive Summary
4 Market Overview
4.1 Report Segmentation & Scope
4.2 Value Chain Analysis: Artificial Insemination Market
4.2.1 Vendor Matrix
4.3 Key Market Trends
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.4 Porter’s Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Environment & Regulatory Landscape
4.6 Forecast Factors & Relevance of Impact
4.7 Macro-Economic & Geopolitical Scenario
4.8 Parent Market Overview
4.9 Technology Landscape
4.10 Market Share Analysis
4.11 Potential Venture Analysis
4.12 Regional Price Trends
4.13 Raw Material Trends
4.14 Cost Structure Analysis
4.14.1 Labor Cost
4.14.2 Consumables
4.14.3 Maintenance Cost
4.15 Covid-19 Impact Analysis:
4.15.1 Pre and Post Covid-19 Market Scenario Analysis
4.15.2 Market Recovery Timeline and Challenge
4.15.3 Measures Taken by Top Players
4.15.4 Quarterly Market Revenue and Growth Forecast till 2021
4.15.4.1 North America
4.15.4.2 Europe
4.15.4.3 Asia-Pacific
4.15.4.4 Central and South America and the Caribbean
4.15.4.5 The Middle East and Africa
5 Type Overview
5.1 Introduction
5.1.1 Market Size & Forecast (Value & Volume)
5.2 Intrauterine Insemination
5.2.1 Market Size & Forecast (Value & Volume)
5.3 Intracervical Insemination
5.3.1 Market Size & Forecast (Value & Volume)
6 End User Overview
6.1 Introduction
6.1.1 Market Size & Forecast (Value & Volume)
6.2 Fertility Clinics
6.2.1 Market Size & Forecast (Value & Volume)
6.3 Home
6.3.1 Market Size & Forecast (Value & Volume)
7 Regional Overview
7.1 Introduction
7.1.1 Market Size & Forecast (Value & Volume)
7.2 North America
7.2.1 Economic Overview
7.2.2 Market Scenario
7.2.3 U.S.
7.2.4 Canada
7.2.5 Mexico
7.3 Central and South America and the Caribbean
7.3.1 Economic Overview
7.3.2 Market Scenario
7.3.3 Brazil
7.3.4 Argentina
7.3.5 Colombia
7.3.6 Rest of Central and South America and the Caribbean
7.4 Europe
7.4.1 Economic Overview
7.4.2 Market Scenario
7.4.3 Germany
7.4.4 France
7.4.5 The U.K.
7.4.6 Italy
7.4.7 The Rest Of Europe
7.5 Asia-Pacific (APAC)
7.5.1 Economic Overview
7.5.2 Market Scenario
7.5.3 China
7.5.4 Japan
7.5.5 India
7.5.6 Australia
7.5.7 South Korea
7.5.8 Rest Of APAC
7.6 Middle East
7.6.1 Economic Overview
7.6.2 Market Scenario
7.6.3 South Arabia
7.6.4 The UAE
7.6.5 Qatar
7.6.6 Oman
7.6.7 Turkey
7.6.8 The Rest Of Middle East
7.7 Africa
7.7.1 Economic Overview
7.7.2 Market Scenario
7.7.3 Nigeria
7.7.4 South Africa
7.7.5 The Rest Of Africa
8 Competitive Landscape — Manufacturers & Suppliers
8.1 Competition Dashboard
8.2 Industry Structure
8.3 Vitrolife
8.3.1 Business Overview
8.3.2 Financial Performance
8.3.3 Recent Developments
8.3.4 Portfolio
8.4 Genea Limited
8.5 Rinovum Women’s Health
8.6 Pride Angel
8.7 Hi-tech Solutions
8.8 Fujifilm Irvine Scientific
8.9 Kitazato Corporation
9 Conclusion & Recommendation
10 Acronyms & Abbreviations
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Market News –
- In December 2021, Vitrolife acquired Igenomix and included it as a division for genetic services to operate under this segment.
- In May 2022, Genea Limited started to incubate new technological advancements to break the barriers around the artificial fertility process.
- In May 2022, Rinovum Women’s Health signed a deal with the largest pharma firm Target to innovate artificial fertility processes with safe and sound techniques.
- In March 2022, Fujifilm Irvine Scientific completed the acquisition of Shenandoah Biotechnology to bring local cell culture for vaccines and other therapies.
News Media
Assisted Reproductive Technology Market: Creating a Family
Intrauterine Contraceptive Devices (IUD) Market: Blocking Fertilization
Have a Look at the Related Research Report
Vaginal Rejuvenation Market: Information by Treatment Type (Reconstructive Vaginal Rejuvenation, Cosmetic Vaginal Rejuvenation), and Region—Forecast till 2029
Preimplantation Genetic Testing Market: Information by Procedure Type (Preimplantation Genetic Screening), Application, Technology, Product & Service and End User—Forecast Till 2026
Artificial Insemination Market: Information by Type (Intrauterine Insemination, Intracervical Insemination), End-Use (Fertility Clinics, Home), and Region — Forecast till 2030
Women’s Health Care Market: Information by Drug (Vagifem, Lupron, and Yasmin), Application (Hormonal Infertility, Postmenopausal Osteoporosis, Endometriosis), and Region—Forecast till 2029
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Artificial Intelligence
Reliance Cyber and Google Cloud Security unite to transform cybersecurity for UK businesses
LONDON, May 28, 2024 /PRNewswire/ — Leading Managed Security Service Provider (MSSP), Reliance Cyber has been selected as one of only four MSSPs to partner with Google Cloud Security (GCS). This collaboration is set to make cybersecurity more effective and less complicated for businesses throughout the UK and Ireland.
Why this matters:In today’s complex security environment, businesses face a multitude of challenges, including escalating cyberattacks, an overwhelming number of security alerts, rising cybersecurity costs, and a critical shortage of skilled professionals. The partnership between Reliance Cyber and Google Cloud Security provides organisations with improved security postures through insightful, data-driven analytics, which underpin Reliance Cyber’s XDR service. For businesses facing diverse economic, social, and technological changes—such as the ongoing impacts of COVID-19, the transition to hybrid and remote work, rapid technological advancements like AI, and budget pressures from the cost of living crisis—this partnership represents a significant step forward. It enhances cybersecurity without the usual challenges of high costs, complexity, or the need for specialised staff. It’s about making world-class security simple and available to a wider audience.
What’s changing:
Support for growth: The partnership will expand the reach of state-of-the-art security services to more businesses, helping to protect organisations without the stress of financial and operational barriersEnhanced visibility, lower costs: Leveraging Google’s SOAR capabilities and Chronicle’s powerful telemetry, Reliance Cyber’s tailored ingestion approach means organisations can achieve enhanced visibility across their digital environments at a reduced cost. This approach enables proactive prevention and detection of threats, ensuring better security with less expenditure.Key benefits of the strategic partnership include:
AI and automation: Automation is at the core of Reliance Cyber’s offering. Every alert is enriched with threat intel from leading vendors, automatically correlated, and grouped into cases, reducing mean time to detect (MTTD) and mean time to respond (MTTR). Google’s additions enhance this with lower data ingestion costs, superior threat intelligence, curated detections, and advanced anomaly detection using machine learningSimplified security operations to support staff: Integration of Google Cloud’s SOAR capabilities simplifies the security management landscape, allowing CISOs to focus on strategic planning rather than daily operational hurdlesScalable security for business growth: The partnership supports business expansion strategies by providing scalable security solutions that grow with the company, crucial for organisations driving technological advancementData-driven insights for better decision-making: Boards will gain unparalleled visibility into their digital environments, fostering smarter, faster decision-making to preemptively address potential security threats.Rob Walton, Chief Revenue Officer at Reliance Cyber, on the transformative impact: “We’re thrilled to partner with Google Cloud Security. This partnership aligns perfectly with our mission to deliver comprehensive, advanced security services to the market, making top-level security accessible and manageable for businesses of all sizes. Ultimately, it’s about creating predictability and peace of mind in an area that can often cause businesses and their boards sleepless nights, particularly due to concerns about attacks and the financial constraints that dictate risk appetites.”
Do you want more coverage, at less cost, with zero compromises?
Enquire about a proof of concept. Visit: https://eu1.hubs.ly/H09bKtG0.
About Reliance Cyber
Since our founding in 2003, Reliance Cyber has established itself as a leading Managed Security Service Provider (MSSP). By combining deep cybersecurity expertise with a true partnership ethos, we enable organisations to concentrate on their core business.
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Artificial Intelligence
Eficode acquires Jodocus and reinforces Atlassian Cloud skills and Atlassian partnership in Germany
HELSINKI, May 28, 2024 /PRNewswire/ — Eficode has acquired Jodocus, the first cloud-native Atlassian Platinum partner in Germany. This acquisition further reinforces Eficode’s role as an Atlassian partner in Germany and expands its skills and services in Atlassian Cloud.
“Atlassian is moving to the Cloud, and the related know-how is essential to speed up this transition. Jodocus was originally the first Atlassian partner in Germany to focus fully on the Cloud. Their broad expertise in Atlassian tools and cloud migrations helps our customers in their journey to the cloud and complements our mission to build the future of software development,” says Ilari Nurmi, CEO of Eficode. “We welcome Jodocus’ employees and customers to Eficode.”
Founded in 2019, Jodocus is an Atlassian Platinum Solution Partner with extensive expertise in Atlassian Cloud. In addition to focusing on the Cloud, the Jodocus team offers support on business processes, Application Lifecycle Management, and DevOps. Their customer base is in Germany, with well-known names such as Otto Group and Fricke. Jodocus has 45 employees, and its revenue in 2023 was 11,5 million euros. “Together, Eficode and Jodocus will form a more significant entity and have even more international customers, which opens possibilities for deepening and broadening our relationship with our customers,” says Werner Krandick, CEO of Jodocus.
Eficode has enabled countless businesses with DevOps and digital transformation to adopt new technologies and practices to create software better. Its full spectrum of digital services can now be extended also to Jodocus’ customers. Eficode ROOT provides software development tools as a managed service in a Software-as-a-Service manner. In turn, with Total Support, we manage the tools and offer support, coaching, and mentoring for Atlassian solutions as a subscription.
In recent years, Eficode has grown strongly both organically and through acquisitions. Eficode’s compound annual growth (CAGR) during the previous four fiscal years has been 70%.
Media contactsIlari Nurmi, Chief Executive Officer, Eficode. [email protected], +358 40 577 5084 Lauri Palokangas, Chief Marketing Officer, Eficode. [email protected], +358 50 486 4918
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Artificial Intelligence
New first of its kind UK legal-tech recruitment platform aims to put an end to overseas worker scams
Unique UK-based legal technology platform, Immpact, helps unite the global talent market to fulfil UK skills shortages across healthcare, construction, engineering, life sciences and hospitality Immpact directly connects employers, recruiters and regulated legal experts with pre-qualified global talent – and aims to help eradicate profiteering job scammersREADING, England, May 28, 2024 /PRNewswire/ — A unique new legal-tech recruitment platform has launched in the UK to help put an end to overseas worker scams and directly connect UK employers and recruiters with pre-qualified overseas global talent. Immpact will help fulfil acute skills shortages across sectors including healthcare, construction, engineering, life sciences and hospitality, while ensuring full legal Home Office compliance.
The launch of Immpact follows over two years of advanced legal-tech development. Using the immigration law expertise of Founder and Managing Director, Jonathan Beech, and his team of specialists, the platform will help unite a previously disconnected global talent market with under-resourced UK employers and transform global workplace migration. Immpact has also been developed through discussions with hundreds of employers, industry bodies and overseas talent.
With job scams – from fake jobs to illegal fees for sponsor licences – ongoing, particularly in the social and healthcare sector, Immpact will ensure only pre-qualified talent, employers and recruitment firms are placed on its platform following stringent multi-layer checks. This will ensure that all jobs and talent are qualified and genuine along with thoroughly regulated employers and recruiters, to provide a global marketplace for talent.
Jonathan Beech, Founder and Managing Director of Immpact, said: “Through my existing business running Migrate UK, I’m acutely aware of the issues that UK employers and recruiters are having in trying to fulfil talent shortages across sectors such as care, healthcare and life sciences. I also regularly hear terrible stories of genuine overseas job hunters being ripped off in their home countries or the UK by job scammers, often running to thousands of pounds.
“I knew there had to be a better way to match pre-qualified overseas talent with genuine work opportunities and responsible UK employers – effectively a ‘talent’ match-making site which is designed to eradicate scammers to provide a global, trusted marketplace for talent.”
Following the latest government immigration rule changes, overseas recruitment costs are continuing to rise for businesses struggling with talent shortages. From 4 April 2024, the minimum salary for entering the new skilled visa worker route for the first time increased by 48%, from £26,200 to £38,700 a year. There are different rates for those already holding a skilled worker certificate of sponsorship prior to this date and discounts are available for key shortage roles on the Immigration Salary List (ISL).
Immpact will benefit employers and recruiters by saving them time and money. Working with recruitment experts to analyse existing overseas recruitment workflows, Immpact has calculated that it will save 50% of the time involved in managing overseas recruitment, helping to cut down the time-consuming filtering of applications traditionally needed.
For employers traditionally looking to recruit overseas applicants, previous data from industry recruitment software specialists show that 30% of overseas applications are rejected as they do not have the right to work, while 64% are rejected due to CVs being unclear or requirements not being met. This leaves just 6% of applications remaining, which results in about 2% then being interviewed. Immpact will automatically present only suitable pre-qualified applications to employers or recruiters, eradicating wasted time on unsuitable or unqualified applicants.
Beech continues: “Following thousands of hours of development and utilising the latest advanced technology which can adapt to evolving Home Office requirements and procedures, we’re proud to launch Immpact. Our unique new platform takes care of the entire process – from pre-qualifying processes, searching and shortlisting, down to arranging interviews, successful appointments, onboarding, the provision of regular content and guidance, and access to regulated immigration legal professionals.
“Our new technology will transform global migration for both UK organisations and businesses struggling to recruit and global talent looking to work in the UK. Immpact has been thoroughly tested at every stage and is both user-friendly and, crucially, compliant, so qualified overseas applicants and UK employers and recruiters can be confident that only genuine UK jobs and overseas applicants match and proceed. Quite simply, we want Immpact to simplify the whole migration process by putting the right talent in the right place at the right time, and for UK employers to fulfil critical talent shortages which will help them not only survive, but thrive.”
The platform has a free trial or low-cost subscriber options for search-matching and more for employers and recruiters. For talent, the platform has zero costs for creating a profile, using the pre-qualifying tools or searching for opportunities. For further information visit www.immpact.ai.
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