The global sperm
bank market is expected to reach a value of USD 4.96 billion by 2025, according
to a new report by Grand View Research, Inc. The technological advancements
pertaining to assistive reproduction, increasing number of countries legalizing
same-sex marriage, and growing government support toward sperm donation and
donor offspring in various countries are some of the crucial factors expected
to boost the market over the forecast period.
In 2015, North
America held majority of the revenue share of the sperm bank market. The
presence of large number of sperm banks and registered laboratories in North
America is one of the key factors that can be accounted for the largest share.
The regulations for sperm donation vary as per country; most of the countries
have limit on the number of donor off springs and prohibition on the sperm
usage of a deceased donor.
 |
U.S. sperm bank market revenue, by service type, 2014 - 2025 (USD
Million)
|
The increasing prevalence of infertility has led to huge demand for sperms and the presence of favorable government policies pertaining sperm donation and donor offspring are among some of the key factors anticipated to boost the market over the forecast period. Europe is the fastest growing segment owing to the disparity between demand (high) and supply (low) of sperm.
The growing
number of insemination procedures, huge demand for known donors, and huge
overall cost incurred in analysis and purification for insemination procedures
are few of the factors responsible for majority of revenue share of donor
insemination segment. However, In Vitro Fertilization (IVF) segment is expected
to be the fastest growing segment over the forecast period due to the growing
demand for IVF procedures and growing awareness regarding the benefits of IVF
over insemination procedures.
In depth research report on Sperm Bank Market
Further Key Findings from the Study Suggest:
·
In 2015, known donor was the largest donor type segment, owing
to the huge cost of known sperms as compared to anonymous
·
Despite the presence of huge number of anonymous donors,
this segment held a lower share of the overall the market
·
In 2015, semen analysis held majority of the revenue share
due to the growing R&D, academic research, and assisted reproductive
procedures.
·
The presence of huge customer base for infertility
treatment and withdrawal of one-child policy in China is expected to drive
growth in the Asia Pacific region
·
Some of the key players are FairFax Cryobank, Inc.; Cryos
International; Androcryos; New England Cryogenic Center; Indian Spermtech;
European Sperm Bank; Seattle Sperm Bank; Xytex Sperm Bank, and London Sperm
Bank.
Grand View
Research has segmented the sperm bank market by donor type, service type,
end-use and region:
Sperm Bank Market: Donor Type Outlook (Market Revenue in USD Million,
2014 - 2025)
·
Known Donor
·
Anonymous Donor
Sperm Bank Market: Service Type Outlook (Market Revenue in USD Million,
2014 - 2025)
·
Sperm Storage
·
Semen Analysis
·
Genetic Consultation
Sperm Bank Market: End-Use Outlook (Market Revenue in USD Million, 2014 -
2025)
·
Donor Insemination
·
In Vitro Fertilization
Sperm Bank Market Regional Outlook (Market Revenue in USD Million, 2014 -
2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
UK
o
Denmark
o
Spain
·
Asia Pacific
o
China
·
Latin America
o
Mexico
o
Brazil
·
MEA
o
South Africa
Browse more research reports of this category:
About Grand View Research
Grand View
Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
No comments:
Post a Comment