
A sperm bank, also known as a cryobank, is a specialist business that buys and stores the human sperm that is obtained from sperm donors and distributed to women who need to conceive. Sperm donor contracts with the sperm bank for an average of 6 to 24 months before donating sperm. Sperm can be given for longer than two years. To give sperm for needy women, the sperm donor often satisfies strict requirements regarding age and medical history. From a medical standpoint, a pregnancy obtained with donor sperm is comparable to a pregnancy obtained through normal sexual activity. Through artificial insemination, the donor sperm is implanted in the female body. Human Cell and Tissue Bank Product, an agency established by the USFDA, is in charge of overseeing sperm banks in the United States. Similar to this, several nations have various laws governing sperm bank donors that set down a number of criteria and guidelines.
Every industry sector has been impacted by the nationwide lockdowns brought on by the COVID-19 epidemic. Similar to how the sperm bank industry is impacted by the pandemic, the surge in disease reduces sperm donation among people. Due to lockdown in many countries, patients undergoing treatment lost access to services, and no surgeries had taken place. affecting the sperm supply during the outbreak as a result. The illness has caused a number of industries to temporarily close their doors and reproductive facilities to substantially cut back on their operations, including various areas of the health care industry. Therefore, the demand side of the sperm bank market has been affected by the COVID-19 outbreak. The detection of COVID-19 virus on male and female reproductive cell or tissue, contamination of semen sample during cryopreservation, and transmission of infectious disease during treatment are other threats and concerns related to sperm donation, insemination therapy, and cryopreservation that have a negative impact on the growth of the sperm bank industry.
The country part of the sperm bank market study additionally lists specific market driving forces and changes in domestic regulation that have an impact on the market's present and future trends. Some of the key data points used to estimate the market situation for specific nations are consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, and upstream and downstream value chain analysis. When giving prediction analysis of the country data, it also takes into account the presence and accessibility of international brands, the difficulties they encounter owing to strong or weak competition from local and domestic brands, the influence of domestic tariffs, and trade routes.
The market share for sperm banks in North America was the largest. The rise in sexually infertile Americans in the region is attributed to unhealthy lifestyle choices like smoking, drinking, and inactivity, newly opened infertility care facilities, and rapidly expanding ancillary sperm banking services like storage, transportation, and preservation. The value chain-wide advancements in cryo-preservation technology and the increase in IVF clinics in the United States and Canada both contributed to the region's growth. Over the course of the study, Asia Pacific is expected to experience a profitable market growth rate. Despite common misconceptions, the region's industry is growing because to the large number of men who struggle with infertility, the availability of affordable treatment alternatives, and the rise in sperm donors. Furthermore, the region's market demand is being driven by supportive laws and beneficial government policies for single parents.
Report Coverage
Global Sperm Bank research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Sperm Bank report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Sperm Bank competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Sperm Bank market players and analyses their core competencies in each global market sub-segments.
REPORT ATTRIBUTES | DETAILS |
---|---|
Study Period | 2017-2030 |
Base Year | 2022 |
Forecast Period | 2022-2030 |
Historical Period | 2017-2021 |
Unit | Value (USD Billion) |
Key Companies Profiled | London Sperm Bank, Indian Spermtech, New England Cryogenic Center., Androcryos, Genetics & IVF Institute., Lifecell International Pvt. Ltd., Baby Quest Cryobank Pvt. Ltd., European Sperm Bank, CryoChoice, Cordlife Sciences India Pvt. Ltd., California Cryobank., Seattle Sperm Bank, Xytex, among other |
Segments Covered | • By Product |
Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Sperm Bank Market from 2021 to 2030.
- Market Forecast for Sperm Bank Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Sperm Bank competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Sperm Bank
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Sperm Bank market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Sperm Bank market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
London Sperm Bank, Indian Spermtech, New England Cryogenic Center., Androcryos, Genetics & IVF Institute., Lifecell International Pvt. Ltd., Baby Quest Cryobank Pvt. Ltd., European Sperm Bank, CryoChoice, Cordlife Sciences India Pvt. Ltd., California Cryobank., Seattle Sperm Bank, Xytex, among other
Primary Target Market
- Market Players of Sperm Bank
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Sperm Bank market based on the below-mentioned segments:
Global Sperm Bank Market, By Donor
Known Donor
Anonymous Donor
Global Sperm Bank market, By Application
Sperm Storage
Semen Analysis
Genetic Consultation
Global Sperm Bank Market, By End User
Donor insemination
In vitro fertilization
Global Sperm Bank market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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