Global Sperm Analytical Devices Market Boosted Due To Increase In Rate Of Infertility And Obesity-Related Cases

Summary

Orbis Research Inclusive Report: Global Sperm Analytical Devices Market to grow at a CAGR of 7.83% during the period 2017-2021.

Description

Recent Research Into – Global Sperm Analytical Devices Market 2017-2021
The Following Companies as the Key players in the Global Sperm Analytical Devices Market: Medical Electronic Systems, Origio, and Vitrolife.

Other Prominent Vendors in the market are: MMCSoft, FertiPro, Hamilton Thorne, Selinion Medical, and MICROPTIC.

Commenting on the report: “One trend in the market is the increasing number of single-parent families. In the last few years, the number of single women using fertility clinics had doubled since the start of the decade. The large majority of single parents are either divorced, separated, widowed or unmarried. This trend of single-parent families is gaining traction due to social acceptance. One major reason is that there has been a notable increase in divorces in developed countries, such as the US, resulting in an increased number of single-parent families. With the growing idea of a single parent, fertility clinics have started to help many single individuals, both women and men, to achieve parenthood. For example, a single woman seeking for parental options will get services such as sperm donation (with or without fertility medications), IVF with donor sperm, and IVF with donor sperm and donor eggs. All these services revolve around the use of sperm that are donated by healthy sperm donors who are scrutinized through several sperm analysis tests before donation of sperm. This is likely to create an increase in demand for sperm analytical devices.”

According to the report, one driver in the market is the Increase in rate of infertility and obesity-related cases. Globally, there has been a notable increase in the rate of infertility due to several reasons, including changing lifestyle that plays a considerable role in determining the body's physiology. Consumption of alcohol and drugs has an adverse effect on health and leads to infertility. Likewise, the modern work culture involves minimal physical activity and more desk work and mental stress. There is a rise in trend of men not taking time off work to have a child due to the enormous expense of raising a child. An increasing number of couples are choosing to wait longer to have children, which is likely to cause lesser chances of conceiving because of reduced fertility rates, thereby necessitating regular sperm tests to investigate the quality and quantity of sperm.

Further, the report states that one challenge in the market is the lack of strict regulatory oversight and limited reimbursements

Sperm analysis has become an essential tool for the evaluation of an infertile couple. Sperm analysis and infertility treatment are considered lifestyle procedures rather than serious medicine. Health insurance policies commonly, but not always, pay for services related to testing for infertility. For instance, in the US, which does not have any infertility coverage mandate, most insurance policies do not help with infertility (including for sperm testing) service payment. There is no federal law regulating reimbursement of medical bills in the US. Reimbursement policies either do not cover infertility services and or only cover them partially, limiting the use of these services. The Affordable Care Act does not provide coverage for infertility treatments. Sometimes the cost of sperm testing services, such as IVF, are expensive, which discourages people to avail these services with limited insurance coverage. Since the cost of these services is high, individuals often have to rely on insurance and reimbursements, which are generally not covered by most countries. Individuals are sometimes required to go through multiple rounds of sperm testing to test the quality of sperm over a period, thus making it a high-cost procedure. The lack of these financial facilities can turn away potential candidates from opting for these services and hamper the market growth.

Get a PDF Sample of Global Sperm Analytical Devices Market Report at: http://www.orbisresearch.com/contacts/request-sample/244726

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

Hector Costello
Senior Manager – Client Engagements
4144N Central Expressway,
Suite 600, Dallas,
Texas – 75204, U.S.A.
Phone No.: +1 (214) 884-6817; +9164101019
Follow Us on LinkedIn: https://www.linkedin.com/company/orbis-research

This release was published on openPR.