Global Sperm Bank Market Growth (Status and Outlook) 2024-2030
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, chemOthersapy, vasectomy, and radiation therapy.
The global Sperm Bank market size is projected to grow from US$ 3908.7 million in 2023 to US$ 4490.5 million in 2030; it is expected to grow at a CAGR of 2.0% from 2024 to 2030.
LPI (LP Information)' newest research report, the “Sperm Bank Industry Forecast” looks at past sales and reviews total world Sperm Bank sales in 2023, providing a comprehensive analysis by region and market sector of projected Sperm Bank sales for 2024 through 2030. With Sperm Bank sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sperm Bank industry.
This Insight Report provides a comprehensive analysis of the global Sperm Bank landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Sperm Bank portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Sperm Bank market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sperm Bank and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Sperm Bank.
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 report presents a comprehensive overview, market shares, and growth opportunities of Sperm Bank market by product type, application, key players and key regions and countries.
Segmentation by type
Semen Analysis
Sperm Storage
Genetic Consultation
Others
Segmentation by application
Hospitals
Sperm Collection Centers
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Androcryos
Cryos International
FairFax Cryobank
New England Cryogenic Center
California Cryobank
European Sperm Bank
Indian Spermtech
London Sperm Bank
ReproTech
Seattle Sperm Bank
Xytex
Please note: The report will take approximately 2 business days to prepare and deliver.