Global Sperm Bank Market Overview:
According to SPER Market Research, the Global Sperm Bank Market is estimated to reach USD 7.05 billion by 2032 with a CAGR of 3.54%.
The growth of the semen bank market is fuelled by advances in semen cryopreservation for preserving sperm cells. Moreover, increasing prevalence of obesity worldwide is a growing trend of the market. Furthermore, obesity is a known risk factor for low sperm count in female and male infertility. Infertile women and men use artificial insemination techniques. In addition, increasing prevalence of various chronic diseases such as uterine fibroids, thyroid, obesity, polycystic ovary syndrome (PCOS) and increasing infertility due to increased use of drugs and tobacco products are also driving the growth of the market. helps to promote. Additionally, growing awareness of reproductive treatment options such as in vitro fertilization and ICSI and favourable government regulations on sperm donation drive the market growth. Growing acceptance of the gay, bisexual, lesbian, and transgender (LGBT) community is also likely to boost the market growth.
Impact of COVID-19 on the Global Sperm Bank Market:
The Covid-19 outbreak has impacted the seed bank market. Covid-19 is impacting not only the sperm banking market, but the entire healthcare industry. It has disrupted supply chains and put a financial strain on many companies. The pandemic has resulted in nationwide lockdowns in almost every country, making it impossible for people to visit sperm banks, hospitals, etc. to donate or collect sperm for safety reasons. For example, according to Springer's article titled, "Sperm Bank Safety Issues During the Covid-19 Pandemic: Data from a European Study," the majority of centres are facing particularly extreme No safety measures were observed. Precautionary measures to avoid possible viral infections and contagion. Moreover, according to the same source, only 4 out of 22 laboratories kept samples in special tanks for patients with positive nasopharyngeal swabs (NPS). Different rules for collection and storage. For example, Italian regulations for cryopreservation of gametes establish that dedicated cry containers are required for each different medical condition screened to avoid viral contamination. Therefore, the lack of security in the early days of the pandemic negatively affected the market growth. However, the lifting of Covid-19 restrictions and some measures taken by seed banks and centres to avoid contamination are expected to drive market growth during the forecast period.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2032 |
Base year considered | 2021 |
Forecast period | 2022-2032 |
Segments covered | By Service, By Donor, By Type of Vials, By End Use |
Regions covered | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
Companies Covered | Androcryos CC, Baby Quest Cryobank Pvt. Ltd., California Cryobank, Cryos International, Cryo-Save Group, European Sperm Bank, FairFax Cryobank, Indian Spermtech, London Sperm Bank, New England Cryogenic Center, ReproTech, Seattle Sperm Bank, Xytex.
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Global Sperm Bank Market Segmentation:
By Service: Based on the Service, Global Sperm Bank Market is segmented as; Sperm Storage, Semen Analysis, Genetic Consultation.
By Donor: Based on the Donor, Global Sperm Bank Market is segmented as; Known Donor, Anonymous Donor, ID Disclosure Donors
By Type of Vials: Based on the Type of Vials, Global Sperm Bank Market is segmented as; Intrauterine Insemination (IUI), Intracervical Insemination (ICI), In-Vitro Fertilization
By End Use: Based on the End-Use, Global Sperm Bank Market is segmented as; Donor Insemination, In Vitro Fertilization
By Region: North America holds the largest market share in the seed bank market and is expected to dominate the market during the forecast period. Asia Pacific is expected to perform the fastest during the forecast period. This growth is due to the availability of inexpensive treatments. In addition, rising rates of infertility and miscarriage, and increasing demand for ART and low-cost treatments are boosting market growth in the region.
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal Database
2.1.4. Premium Insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1 Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Restraints
4.1.4 Opportunities
4.1.5 Challenges Global Sperm bank market
4.2 COVID-19 Impacts of the Global Sperm Bank Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. ESTEL analysis
5.2.1. Political landscape
5.2.2. Economic landscape
5.2.3. Social landscape
5.2.4. Technological landscape
5.2.5. Environmental landscape
5.2.6. Legal landscape
5.3. PORTER’S five forces analysis
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of Buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat map analysis
6. Global Sperm Bank Market, By Service, 2019-2032 (USD million)
6.1. Sperm Storage
6.2. Semen Analysis
6.3. Genetic Consultation
7. Global Sperm Bank Market, By Donor, 2019-2032 (USD million)
7.1. Known Donor
7.2. Anonymous Donor
7.3. ID Disclosure Donors
8. Global Sperm Bank Market, By Type of Vials, 2019-2032 (USD million)
8.1. Intrauterine Insemination (IUI)
8.2. Intracervical Insemination (ICI)
8.3. In-Vitro Fertilization
9. Global Sperm Bank Market, By End Use, 2019-2032 (USD million)
9.1. Donor Insemination
9.2. In Vitro Fertilization
10. 10 Market, By Region, 2019-2032 (USD million)
10.1. North America
10.1.1. United States
10.1.2. Canada
10.1.3. Mexico
10.2. Europe
10.2.1. Germany
10.2.2. United Kingdom
10.2.3. France
10.2.4. Italy
10.2.5. Spain
10.2.6. Rest of Europe
10.3. Asia-Pacific
10.3.1. China
10.3.2. Japan
10.3.3. India
10.3.4. Australia
10.3.5. South Korea
10.3.6. Rest of Asia-Pacific
10.4. South America
10.4.1. Brazil
10.4.2. Argentina
10.4.3. Rest of South America
10.5. Middle East & Africa
10.5.1. Kingdom of Saudi Arabia
10.5.2. United Arab Emirates
10.5.3. Rest of Middle East & Africa
11. Company Profiles
11.1. Androcryos CC
11.1.1. Company details
11.1.2. Financial outlook
11.1.3. Product summary
11.1.4. Recent developments
11.2. Baby Quest Cryobank Pvt. Ltd.
11.2.1. Company details
11.2.2. Financial outlook
11.2.3. Product summary
11.2.4. Recent developments
11.3. California Cryobank
11.3.1. Company details
11.3.2. Financial outlook
11.3.3. Product summary
11.3.4. Recent developments
11.4. Cryos International
11.4.1. Company details
11.4.2. Financial outlook
11.4.3. Product summary
11.4.4. Recent developments
11.5. Cryo-Save Group
11.5.1. Company details
11.5.2. Financial outlook
11.5.3. Product summary
11.5.4. Recent developments
11.6. European Sperm Bank
11.6.1. Company details
11.6.2. Financial outlook
11.6.3. Product summary
11.6.4. Recent developments
11.7. FairFax Cryobank
11.7.1. Company details
11.7.2. Financial outlook
11.7.3. Product summary
11.7.4. Recent developments
11.8. Indian Spermtech
11.8.1. Company details
11.8.2. Financial outlook
11.8.3. Product summary
11.8.4. Recent developments
11.9. London Sperm Bank
11.9.1. Company details
11.9.2. Financial outlook
11.9.3. Product summary
11.9.4. Recent developments
11.10. New England Cryogenic Center
11.10.1. Company details
11.10.2. Financial outlook
11.10.3. Product summary
11.10.4. Recent developments
11.11. ReproTech
11.11.1. Company details
11.11.2. Financial outlook
11.11.3. Product summary
11.11.4. Recent developments
11.12. Seattle Sperm Bank
11.12.1. Company details
11.12.2. Financial outlook
11.12.3. Product summary
11.12.4. Recent developments
11.13. Xytex
11.13.1. Company details
11.13.2. Financial outlook
11.13.3. Product summary
11.13.4. Recent developments
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.