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Allied Market Research

Sperm Bank Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

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Jun 2021 | 92 Views
 
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Sperm Bank Market Outlook - 2027

Sperm bank is also named as cryobank. A sperm donated by men in the bank is known as sperm donor and process of sperm insertion called as artificial insemination. Sperm bank is a specialized organization which purchases, store sperm which is collected from human sperm donor and sells to those women who need such sperm to have a pregnancy other than by sexual partner. Sperm donor donate the sperm only when he contract with Sperm bank which is usually for 6-24 month. Donors can donate sperm more than two years. The donated sperm introduced in women by artificial insemination technology. As per the medical perspective a pregnancy achieved by donor sperm is similar to the pregnancy achieved by sexual in courses. The sperm donor generally meet specific requirement regarding age and medical history to donate sperm for needy women. In United State, sperm bank are regulated by Human Cell and Tissue Bank Product which is founded by US-FDA. Likewise many countries have different regulation for sperm bank donor. Anonyms donor I most widely used donor type in the sperm bank. The global Sperm bank market is experiencing a significant growth, and will grow considerably in next few years. 

Sperm-Bank-Market

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value ($USD)

  Segments covered

  Service Type, Donor Type, Technology, End User

  Region covered

North America (US and Canada), Europe (Germany, UK, France), Asia Pacific (China, Japan, India, and the Rest of Asia Pacific), Latin America (Brazil, Mexico, Argentina) and The Middle East and Africa

  Companies covered

Major players analyzed include. Cryos International Sperm Bank , Fair Fax Cryobank, Cryo-Save AG, , Androcryos, New England Cryogenic Center, Inc , Seattle Psperm Bank, London Sperm Bank, Xytex Corporation, India Spermtech, European Sperm Bank. Cleaveland Clinic.

 

COVID-19 Scenario Analysis:

Coronavirus disease 2019 (COVID-19) has created an economic crisis along with a health care crisis. COVID-19 pandemic has stretched healthcare system worldwide, developed countries are expected to cause economic recession. The Covid-19 pandemic has an adverse impact on the healthcare system, resulting in 50% to 70% drop in revenue from March. Many small hospitals, clinics and nursing homes, have been forced to shut their operations. As a result of social distancing and localized curfews have resulted in delayed elective surgical procedures. In addition, visa cancellations have led to a hiatus in medical tourism and can negatively impact the healthcare services market growth. Ongoing outbreak of COVID-19 affected the sperm bank market, it impacted more on major sperm bank market player because of government announced temporally shutting down of industries they losses their business and, reduces  technology advancement, and industries not ready invest during this situation, patient won’t to do surgeries due to prevalence of infectious diseases  

As the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries across the globe with the “World Health Organization” announcing it a public health emergency. The global impacts of the COVID-19 pandemic are already starting to be felt, and will significantly affect the sperm bank market in 2020. COVID-19 can affect the global economy in three main ways by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis: 

Globally, North America, dominate the sperm bank market due to presence of higher number of sperm bank , large number of advanced reproductive technology, increasing rate of miscarriages rising investment in healthcare, increasing awareness about the healthcare technologies. While Europe, try to expand market for sperm bank because of rising demand for surgeries, and awareness about the healthcare technologies. Whereas, Asia-Pacific increase the growth rate by owing increasing rate of miscarriage and infertility.  As per the report of “American Association of Pregnancy”, male infertility account for 30% of the infertility cases which is around one fifth of all infertility cases 

The driving factors that drive the sperm bank market growth such as poor sperm fertility, low sperm count, abnormally shaped sperm, rising access of infertility treatment, innovation in cryopreservation techniques advancement in surgical technology, high rate of miscarriage, rising investment in healthcare facilities, increasing acceptance of lesbian  etc. the factors that restrain the market growth including, unawareness about the advanced technology, stringent government regulation, decreasing number of sperm bank etc. The opportunities available in the sperm bank market for global, small, medium and new entrant in the market factors such as rising large number of sperm bank, increasing advancement in surgical technology, growing miscarriage in the women’s. 

New product launches to flourish the market

The new product with improved capabilities have been launched by leading market player. They have taken necessary steps to improve accuracy of devices and overall functionality as well. Manufacturers have been focusing on producing new products for specific applications as there are varying demands based on the utilization. Leading market players have determined how improved accuracy can be influential in many applications. The “Singapore government” provide around 75% cofounding for various “Assisted Reproductive Technology” (ART) procedure including gamet intrafallopian, (GIFT), in-vitro fertilization (IVF), Intracytoplasmic sperm injection (ICSI). In 2015, the Ontario government announced USD fifty million fertility program that funds one cycle of IVF and unlimited artificial insemination and intra uterine insemination treatment.

Key segments covered:

Segments

Sub-segments

  Service Type

  • Sperm Storage
  • Semen Analysis
  • Genetic Consultation

  Donor Type

  • Known Donor
  • Anonymous Donor
  • ID Disclosure Donor

  Technology

  • In- Vitro Fertilization
  • Donor Insemination

  End User

  • Pre-vasectomy Patient
  • Cancer Patient
  • Transgender People

 

Key benefits of the report:

  • This study presents the analytical depiction of the global Sperm bank industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Sperm bank market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed global Sperm bank market analysis based on competitive intensity and how the competition will take shape in coming years. 

Questions answered in the Sperm Bank Market research report:

  • What are the leading market players active in the Sperm bank market?
  • What the current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
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