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.
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.
Browse full research report on Global 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.
Read our blogs – http://www.grandviewresearch.com/blog/sperm-bank-market-size-share
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
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.
For more information: www.grandviewresearch.com
No comments:
Post a Comment