Press release
Sperm Bank Market : Rapid Increase in Male and Female Infertility is Driving Market
Sperm Bank Market : Rapid Increase in Male and Female Infertility is Driving Market
Global Sperm Bank Market is set to witness a steady CAGR of 3.80% in the forecasted period of 2019-2026. This rise in the market can be attributed to the increasing women miscarriage and innovation in sperm storage industry. Global Sperm Bank Market By Donor Type (Known Donor, Anonymous Donor, ID Disclosure Donors), Services Type (Sperm Storage, Semen Analysis, Genetic Consultation, Specimen Storage, Donor Screening, Other services), Vials Type (Intrauterine Insemination (IUI), Intracervical Insemination (ICI), In-Vitro Fertilization (IVF)), End Use (Donor Insemination, In Vitro Fertilization), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends & Forecast to 2026
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Segmentation: Global Sperm Bank Market
By Donors Type
Known Donor
Anonymous Donor
ID Disclosure Donors
By Services Type
Sperm Storage
Semen Analysis
Genetic Consultation
Specimen Storage
Donor Screening
Other services
By Vials Type
Intrauterine Insemination (IUI)
Intracervical Insemination (ICI)
In-Vitro Fertilization (IVF)
By End Use
Donor Insemination
In vitro Fertilization
By Geography
North America
US
Canada
Mexico
South America
Brazil
Argentina
Rest of South America
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Turkey
Belgium
Netherlands
Switzerland
Rest of Europe
Asia-Pacific
Japan
China
South Korea
India
Australia
Singapore
Malaysia
Indonesia
Thailand
Philippines
Rest of Asia-Pacific
Middle East and Africa
South Africa
Egypt
Saudi Arabia
United Arab Emirates
Israel
Rest of Middle East and Africa
Reasons to Purchase this Report
Current and future of global sperm bank market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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Few of the major market competitors currently working in the global sperm bank market are London Sperm Bank, Indian Spermtech, New England Cryogenic Center., Androcryos, Fairfax Cryobank, Inc., Lifecell, Baby Quest Cryobank Pvt. Ltd., European Sperm Bank, CryoChoice, LLC, Cordlife, California Cryobank, Seattle Sperm Bank, and others.
Key Developments in the Market:
In April 2019, Axcel and Europe based private equity firm announced its acquisition of majority stake in European Sperm Bank which is leading Europe sperm bank. The strategy is to expand existing business, wide spread their market across globe and provide effective sperm bank services. Such acquisition will enable in expansion of sperm banks globally in the coming forecast period.
In May 2017, Richard Branson founder of virgin group announced its innovative launch of world's first dyslexic sperm bank in London. This initiative is done to support people who're suffering from dyslexia and spread the awareness that dyslexia is not a disease but a new way of thinking. This innovative launch in sperm bank market will lead to its market growth in nearby future.
Market Definition: Global Sperm Bank Market
Sperm banks or semen bank refers to a type of fertility preservation which collects and stores sperms donated by human donors for future use. They are used by couples who take up artificial insemination to start a family and play a major role in the women who are not able to conceive. This is followed by individuals facing from orchiectomy, chemotherapy, vasectomy, and radiation therapy.
Market Drivers
Initiative taken by government to support sperm bank
Wide acceptance of sperm bank across globe is another important factor driving the market growth
Advancement of technology and development in sperm bank will also act as a driver for the growth of this market.
Market Restraints
High cost of treatment hinders the growth of the market
Traditional and negative mindset among the people towards sperm bank industry.
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Data Bridge Market Research
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Email: Corporatesales@databridgemarketresearch.com
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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