Sperm Bank Market Is Projected To Witness Growth Based On Growing Demand For Rapid Increase In The Young Sperm Donors Till 2025:Grand View Research,inc.
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 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.
Browse more reports of this category by Grand View
Research: 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
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.
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