Sperm Bank Market delivers a succinct analysis of industry size, regional growth and revenue forecasts for the upcoming years. The report further sheds light on significant challenges and the latest growth strategies adopted by manufacturers who are a part of the competitive spectrum of this business domain.
Scope of The Sperm Bank Market Report:
Increasing in supportive government initiatives and funding all over different nations is predicted to power acceptance of fertility treatments, thus powering the requirement for sperm banks.
Sperm bank is a specialized agency, which stores and collects the sperms gathered from human sperm donors for the provision to females who require such sperm to conceive a baby. Sperm bank also known dubbed as semen bank or cryobank, and sperms donated in the bank are dubbed as donor sperm, whereas the procedure of insertion of sperm is dubbed as artificial insemination. It is prominent that the pregnancy attained in the sperm bank by using sperms is same to natural pregnancy, attained by sexual intercourse.
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The sperm bank market is divided by type of vials, donor type, and by service. By donor type, the market is segmented into anonymous donor, ID Disclosure donor, and known donor. Anonymous donors are the most ordinary as it keeps the identity of the donor undisclosed, motivating more donations. On the other hand, ID Disclosure donors are attaining popularity as it lets the child to identify the identity of her/his biological father once he reaches a specific age. By type of vials, the market is further divided into intracervical insemination (ICI), intrauterine insemination (IUI), and in-vitro fertilization (IVF). ICI is one of the ancient forms on inseminations, on the other hand, with increasing infertility complications amongst couples, IVF is attaining popularity. Moreover, the market is also divided by services provided by sperm banks into semen analysis specimen storage, donor screening (genetic screening), and other services such as test freeze analysis and semen preparation.
Sperm Bank Companies:
The major players included in the global sperm bank market forecast are,
- FairFax Cryobank
- Cryos International Sperm Bank
- New England Cryogenic Center, Inc.
- Androcryos, and others.
Sperm Bank Market Key Segments:
By Donors: Directed donors, Client donors, Anonymous donors, Known donors
By Services Offered: Semen analysis, Sperm storage, Genetic consultation.
By Fertilization Techniques: Donor insemination, In-vitro fertilization
Increasing Prevalence Of Female And Male Infertility All Over The World Is Powering The Market Growth
Increasing concerns of male infertility owing to inadequate and abnormal sperm volume and ejaculatory problems is predicted to further power the requirement for sperm bank services. As per the American Association of Pregnancy, male infertility adds up for one-third of the infertility instances, which is almost 20% of all infertility instances. Besides genetic issues, male infertility is also caused owing to exposure to toxic substances, illicit drugs, smoking, and frequent alcohol consumption. Hence, increasing prevalence of female and male infertility all over the world is powering the acceptance of infertility services, such as IVF procedures and donor insemination, thus powering the market growth. Increasing in supportive government initiatives and funding all over different nations is predicted to power acceptance of fertility treatments, thus powering the requirement for sperm banks. The Singapore government provides almost 75% co-funding for different ART (Assisted Reproductive Technology) processes, such as Gamete Intrafallopian Transfer (GIFT), IVF, and Intracytoplasmic Sperm Injection (ICSI).
North America Dominated The Sperm Bank Market With A Huge Market Share In Terms Of Income
North America dominated the sperm bank market with a huge market share in terms of income. This is mainly credited to increasing occurrence of infertility amongst American people. For example, as per the U.S. Department of Health and Human Services statistics, almost 6.1 million females in 2017 between the age of 15–44 face issues in staying pregnant or getting pregnant. Asia pacific market is predicted witness lucrative growth over the coming period. Increasing requirement for low cost treatment and ART are some of the factors that are predicted to power the regional development. Moreover, supportive legislative framework is one more factor powering the market.
Market by Regional Analysis
North America (USA, Canada, Mexico), Europe (UK, France, Germany, Russia, Rest of Europe), Asia-Pacific (China, South Korea, India, Japan, Rest of Asia-Pacific), LAMEA, Latin America, Middle East, Africa
Table of Content
Chapter 1 Global Sperm Bank Market: Summary and Quantitative Analysis
1.1 Report Description
1.2 Global Sperm Bank Market Revenue Overview
1.3 Global Sperm Bank Market Revenue (USD Billion) and Growth (%) Rate, 2015- 2025
Chapter 2 Global Sperm Bank Market: Overview and Qualitative Analysis
2.1 Executive Summary
2.2 Market Drivers
2.2.1 Increasing need to improve the process in order to comply with new standards is anticipated to witness a high growth of Sperm Bank Market
2.3 Market Restraints
2.4 Market Opportunities
2.5 Market Trends
2.6 Global Sperm Bank Market: SWOT Analysis
2.7 Global Sperm Bank Market: PEST Analysis
2.8 Global Sperm Bank Market: Attractiveness Analysis
2.8.1 Global Sperm Bank Market: Attractiveness Analysis by Type
2.8.2 Global Sperm Bank Market: Attractiveness Analysis by Grade
2.8.3 Global Sperm Bank Market: Attractiveness Analysis by Regional
Chapter 3 Competitive Analysis
3.1 Global Sperm Bank Market
3.1.1 Global Sperm Bank market Revenue (USD Billion), By Players 2018
3.1.2 Global Sperm Bank Market Revenue Share (%), By Players 2018
Chapter 5 Global Sperm Bank Market: By Types
5.1 Global Sperm Bank Market Share (%), By Types, 2018
5.2 Global Sperm Bank Market Revenue (USD Billion), By Types, 2015 – 2025
5.3 Global Sperm Bank Market Revenue (USD Billion), Based,2015-2025
5.4 Global Sperm Bank Market Revenue (USD Billion), Based,2015-2025
5.5 Global Sperm Bank Market Revenue Share (%), By Types, 2015 – 2025
5.6 Global Sperm Bank Market Revenue Market Share (%), By Types, 2015-2025
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