Veterinary Assistive Reproduction Technology Market – By Type (Service, Semen, Instruments), Technology (Artificial Insemination (AI), In Vitro Fertilization (IVF)), Animal Type (Bovine, Swine, Ovine, Caprine), End-use, & Global Forecast 2024 – 2032

Veterinary assistive reproduction technology industry size was USD 6.8 billion in 2023 and is projected to expand at 6.8% CAGR from 2024 to 2032, due to the rising demand for high-value livestock and pets.

The services type segment in the veterinary assistive reproduction technology industry accounted for USD 2.9 billion in 2023 owing to the increasing demand for specialized reproductive services.

The artificial insemination technology segment in the veterinary assistive reproduction technology industry accounted for 71.5% share in 2023 as it offers significant advantages in genetic improvement, disease control, and reproduction management across various animal species.

North America veterinary assistive reproduction technology accounted for 38.6% share in 2023 and is projected to expand at 6.5% CAGR between 2024 and 2032, due to the presence of advanced veterinary healthcare infrastructure and a strong focus on animal welfare.