The global sperm bank market size was USD 5.28 Billion in 2021 and is expected to register a revenue CAGR of 4.8% during the forecast period, according to latest analysis by Emergen Research. Strategic collaborations and investments aimed at expanding existing storage facilities and proving better healthcare services is a major factor driving market revenue growth. For instance, on 1 March 2022, Ro, which is a leading and direct-to-patient healthcare company headquartered in New York, U.S., announced to acquire Dadi, a fertility company specializing in sperm testing, analysis, and storage. In addition, the company has acquired Modern Fertility, fastest-growing women's health company in the U.S. These acquisitions will allow Ro to offer a suite of at-home fertility services, allowing individuals or couples to regain control of their fertility journey. In addition, rising rates of male infertility around the world have also contributed to market revenue growth. For instance, the U.S. Department of Health and Human Services is working to raise awareness about various benefits of semen analysis and storage, which are critical fertility services.
The global Sperm Bank market research report offers extensive statistical analysis to impart a deeper understanding of the Sperm Bank industry and the changing dynamics of the business sphere. The report covers key data about market share, market size, revenue growth, sales and distribution channel, current and emerging trends, and technological advancements. The report offers a comprehensive overview of the Sperm Bank industry to assist the companies engaged in the market to maximize the return on their investments and capitalize on the emerging growth prospects.
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Competitive Terrain:
The global Sperm Bank industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
Cryo-Save Group, Androcryos CC, New England Cryogenic Center, Indian Spermtech, California Cryobank, Seattle Sperm Bank, Fairfax Cryobank, Inc., London Sperm Bank, Xytek, and Baby Quest Cryobank Pvt. Ltd
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Additional information offered by the report:
- Along with a complete overview of the global Sperm Bank market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Sperm Bank market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key market contenders.
Segments Covered in this report are:
Service Type Outlook (Revenue, USD Billion; 2019-2030)
- Sperm Storage
- Semen Analysis
- Genetic Consultation
Donor Type Outlook (Revenue, USD Billion; 2019-2030)
- Known Donor
- Anonymous Donor
End-Uses Outlook (Revenue, USD Billion; 2019-2030)
- Donor Insemination
- In Vitro Fertilization
Radical Highlights of the Sperm Bank Market Report:
- Comprehensive overview of the Sperm Bank market along with analysis of the changing dynamics of the market
- Growth Assessment of various market segments throughout the forecast period
- Regional and global analysis of the market players, including their market share and global position
- Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
- Impact of the technological developments and RD advancements on the Sperm Bank market
- Information about profit-making strategies and developmental strategies of major companies and manufacturers
- Insightful information for the new entrants willing to enter the market
- Details and insights about business expansion strategies, product launches, and other collaborations
- The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
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