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Equine Artificial Insemination Market Trends

Report ID: GMI10300
Published Date: Jul 2024
Report Format: PDF

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Equine Artificial Insemination Market Trends

Advancements in the equine artificial insemination are driving significant growth by improving breeding outcomes and genetic quality. Innovations such as chilled and cryopreserved semen, embryo transfer, and cutting-edge techniques such as intracytoplasmic sperm injection (ICSI), ovum pick-up (OPU), and semen sexing are proved to enhance the reproductive success rates. These technologies had allowed a better selection of desirable traits, increased fertility rates, and improved progeny quality.

According to article ‘Equine Pregnancy Rates After In Vitro Embryo Freezing’, equine embryos produced in a lab using intracytoplasmic sperm injection (ICSI) can achieve pregnancy rates of approximately 70%. This high success rate has increased interest in these advanced techniques, thereby expanding the practice. Similarly, as per the Veterinary Practice magazine report, one of the largest centers in the EU offering ICSI (Italy), the number of ICSI sessions completed doubled from approximately 1,000 in 2017 to 2,000 in 2019.

Therefore, increasing awareness over transmitted disease control, growing breeding fundings along with the rising demand for cryopreserved semen are factors that are augmenting the market demand.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The market size of equine artificial insemination was reached USD 681.1 million in 2023 and is anticipated to register 5.7% CAGR between 2024 and 2032, due to the growing awareness and acceptance of animal breeding.

The sports segment in the equine artificial insemination market held 55.4% revenue share in 2023, driven by high demand for breeding superior-performance horses, advanced reproductive technologies, and precision in genetic selection.

U.S. equine artificial insemination market accounted for USD 243.7 million in 2023, due to its robust infrastructure for supporting advanced breeding techniques and extensive use of technology.

Agtech Inc, Dairymac, Girovet, HOFFMAN A.I. BREEDERS INC., IMV Technologies, MINITÜB GMBH, Scone Equine Group, Semen Tanks, Shotter & Byers Equine Vets, and Spervital B.V., among others.