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HEALTHCARE & PHARMACEUTICAL

Sperm Bank Market Segmentation by Donor Type (Directed, Anonymous, Known, and Others); by Services (Sperm Donation, Semen Analysis, Genetic Consultation, and Others); by Application (Donor Insemination, and In-Vitro Fertilization) – Global Demand Analysis & Opportunity Outlook 2029

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Extensive insights into the Growth of Sperm Bank Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

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Global Sperm Bank Market Highlights

The global sperm bank market is estimated to garner notable CAGR over the forecast period, i.e., 2021 – 2029. The growth of the market can be attributed to the increasing infertility among both men and women due to unhealthy lifestyle. According to the data by the World Health Organization, more than 186 million individuals suffer from infertility globally. Lack of physical activities, obesity, smoking and drinking, and drug abuse are some of the lifestyle habits that cause infertility. Moreover, increasing awareness regarding assisted reproductive technology (ART) is expected to boost the market growth. Additionally, growing acceptance of the LGBTQ community has paved way for same sex couples to opt for IVF, which is estimated to promote the growth of the market.

sperm bank market Graph

The market is segmented by services into sperm donation, semen analysis, genetic consultation, and others, out of which, the semen analysis segment is anticipated to hold the largest share in the forecast period on account of rising reproductive health awareness. Couples, who face issues in conceiving, often opt for semen analysis to get to the root cause of the issues. Various couples get semen analysis before trying to get pregnant to know the quality of the sperm and diagnose any hidden problem. CLICK TO DOWNLOAD SAMPLE REPORT

Global Sperm Bank Market Regional Synopsis

Regionally, the global sperm bank market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.

The market in the North America is estimated to hold the largest market share in the forecast period owing to the growing acceptance of single parenthood, and same sex couples. Moreover, increasing disposable income encourages couples with fertility issues, to opt for IVF solutions, which is estimated to boost the market growth. As per the data by the U.S Center for Disease Control and Prevention (CDC), 73,831 infants were born by the method of ART, in the year 2018.

The market in the Europe region is estimated to garner significant share in the market by the end of 2029, owing to the rising cases on infertility due to the high share of obese population. More than 25% of the population of the United Kingdom is obese. Moreover, efficient medical facilities in the region along with the acceptance of ART for child birth, are some of the factors estimated to boost the market growth.

Sperm Bank Market Share Graph

The global sperm bank market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis.
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis

Market Segmentation

Our in-depth analysis of the global sperm bank market includes the following segments:

By Donor Type

  • Directed
  • Anonymous
  • Known 
  • Others

By Services

  • Sperm Donation
  • Semen Analysis
  • Genetic Consultation
  • Others

By Application

  • Donor Insemination
  • In-Vitro Fertilization

Growth Drivers

  • Increasing Infertility in both Men and Women to Drive the Market Growth
  • Growing Acceptance of Same Sex Couples and Single Parents to Boost the Market Growth

Challenges

  • Social Taboos about ART and Sperm Donation to Hamper the Market Growth

Top Featured Companies Dominating the Market

  • Fairfax Cryobank, Inc.
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis 
  • New England Cryogenic Center, Inc.
  • Androcryos- Andrology Lab & Sperm Bank
  • Cryos International Sperm Bank
  • European Sperm Bank
  • Phoenix Sperm Bank
  • Xytex Corporation
  • The London Sperm Bank
  • California Cryobank, LLC
  • CryoGam Colorado, LLC

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