“Global
Sperm Bank Market Analysis & Opportunity Outlook 2021”
The global sperm bank market is
segmented into fertilization techniques such as donor insemination and in-vitro
fertilization. Among these segments, in-vitro fertilization segment is expected
to grow at a CAGR of 12.0% during the forecast period and is projected to reach
at revenue of USD 22 Billion by the end off 2021. The growth of the in-vitro
fertilization segment is backed by increasing rate of infertility across the
globe. Moreover, in-vitro fertilization is one of the most effective forms of
assisted reproductive technology and the demand for this fertilization
technique is likely to rise in near future.
Global sperm bank market is
expected to expand at a remarkable CAGR over the forecast period. Moreover, the
global sperm bank market is expected to reach at notable revenue by the end of
2021. The market is expected to expand on the back of increasing number of sperm
banks across the globe. Furthermore, rising delayer boom trend among the women
across the globe is also a major factor which is anticipated to bolster the
growth of global sperm bank market.
The semen analysis segment by service
offered accounted for major share in 2015. Increasing demand for high quality
sperms for insemination procedures and technological advancements in semen
analysis procedures are major factors which are increasing the market share of
this segment. However, sperm storage segment is also expected to grow at a
significant pace during the forecast period owing to increasing sperm donation
activities and increasing demand for semen for insemination procedures.
Government Initiatives and Programs
Favourable government initiatives and programs to
promote idea of sperm donation and assisted reproduction technique in few
countries such as U.S., U.K., Sweden, Switzerland, Spain and others is a major
factor which is fuelling the growth of global sperm bank market.
Growing Acceptance in Western Societies of Single Parent
or Same Gender Families
Legalization of same gender
marriage and increasing number of single parent families are key factors which
are fuelling the demand for assisted reproductive systems. Further, increasing
awareness amongst the population regarding this type of reproduction technique
is also fostering the growth of market.
Although, various governmental
regulations which are restricting the expansion of sperm banks and negative
mindset of population towards sperm banks and donor, are some of the key
factors that are expected to hinder the growth of the sperm bank market in the
near future.
The
report titled “Global
Sperm Bank Market Analysis & Opportunity Outlook 2021” delivers detailed overview of
the global sperm bank market in terms of market segmentation by donors, by services
offered, by fertilization techniques and by region.
Further,
for the in-depth analysis, the report encompasses the industry growth drivers,
restraints, supply and demand risk, market attractiveness, BPS analysis and
Porter’s five force model.
This report also provides the
existing competitive scenario of some of the key players of the global sperm
bank market which includes company profiling of FairFax
Cryobank, California Cryobank New England Cryogenic Center, Androcryos, Cryos
International Sperm Bank, European Sperm Bank, Phoenix Sperm Bank, Xytex Sperm
Bank, Cryobiology Inc. and London Sperm Bank. The profiling enfolds key
information of the companies which encompasses business overview, products and
services, key financials and recent news and developments. On the whole, the
report depicts detailed overview of the global sperm bank market that will help
industry consultants, equipment manufacturers, existing players searching for
expansion opportunities, new players searching possibilities and other
stakeholders to align their market centric strategies according to the ongoing
and expected trends in the future.
About Research
Nester
Research Nester is a leading service provider for
strategic market research and consulting. We aim to provide unbiased,
unparalleled market insights and industry analysis to help industries,
conglomerates and executives to take wise decisions for their future marketing
strategy, expansion and investment etc. We believe every business can expand to
its new horizon, provided a right guidance at a right time is available through
strategic minds. Our out of box thinking helps our clients to take wise
decision so as to avoid future uncertainties.
Contact for more
Info:
Ajay
Daniel
U.S.
+1 646 586 9123
U.K.
+44 203 608 5919
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