Sperm bank can be defined as an establishment where the semen is stored in cold conditions for artificial insemination at a later stage. It makes use of cryopreservation freezers to freeze the semen samples. A large number of couples take up artificial insemination to start a family using sperm banks. These institutions also aid individuals with reproductive problems. The sperm banks support the notion of raising awareness among men regarding the reduction in fertility potential and exposure to reproductive hazards from the environment leading to the option of semen storage. It is a practice followed quite often for individuals facing orchiectomy, chemotherapy, vasectomy, and radiation therapy.
Scope of the Report:This report studies the Sperm Bank market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Sperm Bank market by product type and applications/end industries.
During 2017, the semen analysis segment accounted for the major shares of the sperm bank market. Factors such as the increasing demand for insemination procedures around the world and the availability of numerous semen analysis tests, will contribute to the growth of this industry segment in the coming years.
This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the sperm bank market throughout the forecast period. The rise in infertility and obesity rates in the region and the changing lifestyle that involves the high consumption of liquor, and excessive smoking, will drive the demand for sperm banks in the Americas.
The global Sperm Bank market is valued at xx million USD in 2020 and is expected to reach xx million USD by the end of 2026, growing at a CAGR of xx% between 2020 and 2026.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Sperm Bank.
Europe also play important roles in global market, with market size of xx million USD in 2020 and will be xx million USD in 2026, with a CAGR of xx%.
Market Segment by Companies, this report covers Androcryos
Cryos International
FairFax Cryobank
New England Cryogenic Center
California Cryobank
European Sperm Bank
Indian Spermtech
London Sperm Bank
ReproTech
Seattle Sperm Bank
Xytex
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Semen Analysis
Sperm Storage
Genetic Consultation
Other
Market Segment by Applications, can be divided into Hospitals
Sperm Collection Centers
Other
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.