The global sperm bank market size was USD 5.28 Billion in 2021 and is expected to register a revenue CAGR of 4.8% during the forecast period, according to latest analysis by Emergen Research. Strategic collaborations and investments aimed at expanding existing storage facilities and proving better healthcare services is a major factor driving market revenue growth.
For instance, on 1 March 2022, Ro, which is a leading and direct-to-patient healthcare company headquartered in New York, U.S., announced to acquire Dadi, a fertility company specializing in sperm testing, analysis, and storage. In addition, the company has acquired Modern Fertility, fastest-growing women’s health company in the U.S. These acquisitions will allow Ro to offer a suite of at-home fertility services, allowing individuals or couples to regain control of their fertility journey. In addition, rising rates of male infertility around the world have also contributed to market revenue growth. For instance, the U.S. Department of Health and Human Services is working to raise awareness about various benefits of semen analysis and storage, which are critical fertility services.
Regulatory policies and initiatives aimed at regulating in vitro fertilization clinics is a key factor driving market revenue growth. For instance, in India, the center has proposed assisted reproductive technology bill to regulate the sector that is expected to leapfrog in the coming years but requires assistance for now.
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The latest market intelligence report, titled ‘Global Sperm Bank Market’, is intended to provide the target audience with the necessary information about the global Sperm Bank industry. The report comprises a detailed analysis of the vital elements of the Sperm Bank market, including key drivers, constraints, opportunities, limitations, threats, and micro-and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Sperm Bank market dynamics that helps market analysts estimate the global market growth rate over the projected timeline.
Some major companies in the global market report include
Cryo-Save Group, Androcryos CC, New England Cryogenic Center, Indian Spermtech, California Cryobank, Seattle Sperm Bank, Fairfax Cryobank, Inc., London Sperm Bank, Xytek, and Baby Quest Cryobank Pvt. Ltd.
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Key Highlights From the Report
The semen Analysis segment accounted for a significant revenue share in 2021. Abnormalities in sperm delivery, volume, and concentration, among other things, are driving revenue growth of this segment. Semen analysis is performed to assess male fertility, to confirm the success of vasectomy and for veterinary applications such as artificial insemination and animal breeding.
The known donor segment accounted for a significant revenue share in 2021. Increased demand for reproductive procedures, such as Intrauterine Insemination (IUI) and in vitro fertilization is a major factor driving revenue growth of this segment. A known donor is someone who donates sperm for the purpose of assisted reproductive technology.
In vitro fertilization segment accounted for a significant revenue share in 2021. Increasing cases of male and female infertility, as well as significant investments in the medical tourism industry, particularly in emerging economies, are major factors driving revenue growth in this segment. According to Fertility Treatment Abroad, Brazil has 150 infertility treatment centers and over 20 medical centers.
The North America market accounted for largest revenue share in 2021. Increasing elderly population, declining egg quality, and significant investments in healthcare are major factors driving market revenue growth in this region.
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Emergen Research has segmented the global sperm bank market based on service type, donor type, end-uses, and region:
Service Type Outlook (Revenue, USD Billion; 2019-2030)
Sperm Storage
Semen Analysis
Genetic Consultation
Donor Type Outlook (Revenue, USD Billion; 2019-2030)
Known Donor
Anonymous Donor
End-Uses Outlook (Revenue, USD Billion; 2019-2030)
Donor Insemination
In Vitro Fertilization
Regional Analysis Covers:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Questions Answered in the Report:
What will be the estimated growth rate of the Sperm Bank market by 2030?
Who are the prominent distributors, vendors, and manufacturers of the market?
What are the driving and restraining factors of the growth of the Sperm Bank market throughout the forecast period?
What are the current and future market trends of the Sperm Bank market?
What are the sales and price analysis of the product by types, applications, and regions?
What are the expected opportunities for the companies and new entrants in the coming years?
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