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.
The increasing prevalence of infertility has
led to huge demand for sperms and the presence of favourable 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.
Access Full Research Report on Sperm Bank Market: http://www.grandviewresearch.com/industry-analysis/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.
View More Reports from this Category: http://www.grandviewresearch.com/industry/healthcare-it
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
- U.S.
- Canada
- Europe
- UK
- Denmark
- Spain
- Asia Pacific
- China
- Latin America
- Mexico
- Brazil
- MEA
- South Africa
View Our Blog on Sperm Bank Market: http://www.grandviewresearch.com/blog/sperm-bank-market-size-share
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, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Contact:
Sherry
James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
For more Information visit us: www.grandviewresearch.com