Global Sperm Bank Market Sees a Faster Rebound in the Era of COVID-19 | Industry Size, Share, Growth Factors, Development Strategy, Top Leaders-London Sperm Bank, Indian Spermtech, New England Cryogenic Center

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The winning Global Sperm Bank Market report describes CAGR (compound annual growth rate) values and its fluctuations for the specific forecast period. Moreover, this research report highlights numerous industry verticals such as company profile, contact details of manufacturer, product specifications, geographical scope, production value, market structures, recent developments, revenue analysis, market shares and possible sales volume of the company. Keeping in mind the customer requirement, this finest market research report is constructed with the professional and in-depth study of industry. Global Sperm Bank Market report also provides company profiles and contact information of the key market players in the key manufacturer’s section.

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Market Analysis: 

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.

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. 

Competitive Analysis: 

Global sperm bank market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of sperm bank market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa. 

Key Market Competitors: 

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.

Market Drivers

Rapid increase in male and female infertility is driving market
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.

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

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.

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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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