Dublin, June 14, 2021 (GLOBE NEWSWIRE) -- The "Sperm Bank Market by Donor Type and Service Type: Global Opportunity Analysis and Industry Forecast, 2020-2027" report has been added to ResearchAndMarkets.com's offering.
The global sperm bank market size was valued at $4,741.51 million in 2019, and is projected to reach $4,860.39 million by 2027, registering a CAGR of 5.2% from 2020 to 2027.
Sperm bank (cryo-bank or semen-bank) is a specialized repository that purchases and stores the sperms under scientifically controlled conditions to keep them viable for a longer period of time. These stored sperms are sold to clinics and hospitals across the globe for artificial insemination, which involves introduction of the sperm directly into the female's uterine cavity to fertilize the egg for the purpose of achieving pregnancy. Thus, sperms donated at the sperm banks help achieve pregnancy similar to the pregnancy achieved by sexual inter-courses. However, sperm donors generally must fulfill specific requirement regarding age and medical history to donate their sperm. Likewise, numerous countries have laid down different rules and regulations for sperm bank donors. Therefore, favorable and supportive criteria's for sperm donation is anticipated to have a positive impact on the growth of the sperm bank market over the next few years.
One of the major factors driving the growth of the sperm bank market include upsurge in the incidences of infertility among both males and females within the population globally. For instance, according to a report published by the World Health Organization (WHO), one in every four couples in developing countries are affected by infertility. Poor sperm fertility & motility, lower sperm count, and abnormally shaped sperm are some of the few concerns related to infertility in males. As a result, demand for various infertility and artificial insemination techniques such as In Vitro Fertilization (IVF) and donor insemination are expected to rise, ultimately driving the market growth.
In addition, favorable government initiatives related to reproductive assistance services, such as IVF, artificial insemination & surrogacy, and rise in access & adoption of infertility treatments using donor sperms are further expected to boost the growth of the market. Similarly, innovation in cryopreservation techniques, advancements in surgical technology, higher rates of miscarriages, overall augmenting investments in healthcare facilities, and increase in acceptance of LGBTQ community are some of the other factors predicted to impel the market growth in near future. On the contrary, higher costs associated with infertility treatment coupled with lesser success rate of achieving pregnancy are anticipated to obstruct the growth of the sperm bank market during the analysis period. Conversely, surge in technological innovation and advancements with respect to improvisation of infertility treatments such as in-vitro fertilization (IVF) and intrauterine insemination (IUI) is likely to provide growth opportunities for the key market players operating in the sperm bank industry.
The sperm bank market is segmented on the basis of donor type, services type, and region. By donor type, the market is bifurcated into known donor and anonymous donor. By services type, the sperm bank market is categorized into sperm storage, semen analysis, and genetic consultation. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The key market players profiled in the report include Androcryos, Babyquest Cryobank, California Cryobank, Cryos International, European Sperm Bank, Fairfax Cryobank, New England Cryogenic Center, Nordic Cryobank Group, Xytex Sperm Bank, and Indian Spermtech.
Key Benefits
- This report provides a detailed quantitative analysis of the current market trends and future estimations from 2020 to 2027, which assists in identifying the prevailing market opportunities.
- An in-depth analysis of various regions is expected to provide a detailed understanding of the current trends to the stakeholders to formulate region-specific plans.
- Comprehensive analysis of the factors that drive and restrain the growth of the sperm bank market are provided.
- Key regulatory guidelines for the sperm bank market are critically dealt with according to region.
- A deep dive analysis of various regions provides insights that will allow companies to strategically plan their business moves.
Key Topics Covered:
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.2.2. Top winning strategies
3.3. Porter's five force analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.1.1. Increase in incidences of male and female infertility
3.5.1.2. Government initiative to support sperm banks
3.5.1.3. Surge in acceptance of sperm bank across the globe
3.5.2. Restraint
3.5.2.1. High cost and low success rate of treatment
3.5.3. Opportunity
3.5.3.1. Technological advancement and development in sperm bank industry
3.6. Covid-19 Impact analysis on sperm bank market
CHAPTER 4: SPERM BANK MARKET, BY SERVICE TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Sperm storage
4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis, by country
4.3. Semen analysis
4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast
4.3.3. Market analysis, by country
4.4. Genetic consultation
4.4.1. Key market trends, growth factors, and opportunities
4.4.2. Market size and forecast
4.4.3. Market analysis, by country
CHAPTER 5: SPERM BANK MARKET, BY DONOR TYPE
5.1. Overview
5.1.1. Market size and forecast
5.2. Known donor
5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis, by country
5.3. Anonymous donor
5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis, by country
CHAPTER 6: SPERM BANK MARKET, BY REGION
CHAPTER 7: COMPANY PROFILES
7.1. ANDROCRYOS , INC.
7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Operating business segments
7.1.4. Product/Service portfolio
7.1.5. Key strategic moves and developments
7.2. BABYQUEST CRYOBANK, INC.
7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Service portfolio
7.3. CALIFORNIA CRYOBANK
7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Operating business segments
7.3.4. Service portfolio
7.3.5. Key strategic moves and developments
7.4. CRYOS INTERNATIONAL, INC.
7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Service portfolio
7.4.5. Key strategic moves and developments
7.5. EUROPEAN SPERM BANK, INC.
7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Operating business segments
7.5.4. Service portfolio
7.5.5. Key strategic moves and developments
7.6. FAIRFAX CRYOBANK, INC.
7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Service portfolio
7.7. INDIAN SPERMTECH
7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Operating business segments
7.7.4. Service portfolio
7.8. NEW ENGLAND CRYOGENIC CENTER, INC.
7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Service portfolio
7.9. NORDIC CRYOBANK GROUP, INC.
7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Operating business segments
7.9.4. Service portfolio
7.10. XYTEX SPERM BANK, INC.
7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Operating business segments
7.10.4. Service portfolio
7.10.5. Key strategic moves and developments
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