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Sperm Bank Market, By Service Type (Sperm Storage, Semen Analysis, Genetic Consultation), By Donor (Known, Anonymous, ID Disclosure), By Technique (Donor Insemination, IVF), By End-use (Hospitals, Clinics, Fertility Centers) – Forecast (2024 – 2032)


Published on: 2024-07-10 | No of Pages : 240 | Industry : Healthcare

Publisher : MIR | Format : PDF&Excel

Sperm Bank Market, By Service Type (Sperm Storage, Semen Analysis, Genetic Consultation), By Donor (Known, Anonymous, ID Disclosure), By Technique (Donor Insemination, IVF), By End-use (Hospitals, Clinics, Fertility Centers) – Forecast (2024 – 2032)

Sperm Bank Market Size

Sperm Bank Market size was valued at around USD 5.1 billion in 2023 and is estimated to grow at 3.8% CAGR from 2024 to 2032. Sperm bank, also known as a cryobank or semen bank is a facility that collects, stores, and provides sperm for use in artificial insemination, in vitro fertilization (IVF), and other assisted reproductive technologies (ART). These services are used by individuals or couples facing infertility, single women, and same-sex couples who wish to have children.

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The rising awareness and education initiatives growing advancements in genomics and proteomics research is a significant driver for the sperm bank market. For instance, according to the National Institutes of Health, in 2023, awareness campaigns help individuals understand infertility and the factors contributing to it, such as age, lifestyle, and medical conditions. Education helps to destigmatize infertility, encouraging more people to seek help. Further, in 2023, Indira IVF offers various sperm donation programs for those unable to conceive the chance to have a family. Awareness encourages individuals to undergo fertility testing earlier, identifying potential issues sooner.

Furthermore, increasing sperm count test (market size is estimated to account for USD 3 billion by the end of year 2032), advancement in infertility treatment devices, increasing demand for assisted reproductive technologies (ART), government initiatives and funding, and increasing education & awareness, are the promoting factors advancing the growth of the market.

Sperm Bank Market Report Attributes
Report Attribute Details
Base Year 2023
Sperm Bank Market Size in 2023 USD 5.1 Billion
Forecast Period 2024 – 2032
Forecast Period 2024 – 2032 CAGR 3.8%
2024 – 2032 Value Projection USD 7.1 Billion
Historical Data for 2021 – 2023
No. of Pages 180
Tables, Charts & Figures 270
Segments covered Service Type, Donor, Technique, End-use, and Region
Growth Drivers
  • Increasing demand for assisted reproductive technologies (ART)
  • Rising awareness and education initiatives
  • Growing educational and career pursuits delaying childbearing
Pitfalls & Challenges
  • Stringent regulatory landscape
  • High cost associated with these services

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Sperm Bank Market Trends

The increasing demand for assisted reproductive technologies (ART) is a significant driver for sperm bank industry. Infertility affects a significant portion of the global population. According to the World Health Organization (WHO), approximately 10-15% of couples worldwide experience infertility.

  • According to the National Institutes of Health, the use of assisted reproductive technology (ART) has increased significantly between 2000 and 2020. The number of ART cycles performed annually in the U.S. increased to two folds in the last decade.
  • Single women desiring to have children increasingly turn to sperm banks to achieve pregnancy through ART. Male same-sex couples require donor sperm for surrogacy, and female same-sex couples may use donor sperm for artificial insemination or IVF.
  • Couples with a high risk of genetic disorders may opt for donor sperm to avoid passing on hereditary conditions. For instance, 43% women with type 2 diabetes mellitus opts for in-vitro fertilization services for the purpose of being parents.
  • Modern sperm banks offer extensive genetic screening, ensuring healthier outcomes and reducing the risk of inherited diseases, making ART an attractive option, thereby increasing the growth of the market.

Sperm Bank Market Analysis  

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Based on service type, the market is classified into sperm storage, semen analysis, and genetic consultation. The sperm storage segment is estimated to account for USD 3.6 billion by 2032.

  • Chemotherapy and radiation treatments can negatively impact fertility, prompting men to store sperm prior to beginning treatment to safeguard their future reproductive options. Similarly, certain surgeries particularly those involving the reproductive organs may compromise fertility. Thus, preemptive sperm storage ensures the preservation of future reproductive potential.
  • Further, men store sperm to delay parenthood while focusing on career development and financial stability. Thus, individuals delaying parenthood for personal reasons can store sperm to protect against age-related fertility decline.
  • Increasing sperm banks and storage facilities boost the adoption rate of sperm storage. For instance, the Sperm Bank of California (TSBC) evaluates fertility and stores sperm as per the protocols defined by the World Health Organization.
  • Sperm storage is essential for in-vitro fertilization (IVF) cycles, ensuring sperm availability at the required time. Additionally, in intrauterine insemination (IUI) stored sperm is crucial for procedures, particularly when using donor sperm or when the male partner cannot be present, thereby leading the segmental growth.

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Based on donor, the sperm bank market is divided into known donor, anonymous donor, and ID disclosure donor. The known donor segment accounted for USD 2.6 billion in 2023.

  • Recipients often feel more comfortable using sperm from someone they know personally as it provides a level of trust and familiarity that anonymous donations cannot. Consequently, known donors offer greater transparency regarding their medical history, genetic background, and personal characteristics, reducing uncertainties and concerns for the recipients.
  • Using a known donor allows for clear legal agreements and understanding between the donor and the recipients, reducing potential future legal complications regarding parental rights and responsibilities. Some individuals and couples prefer known donors due to ethical reasons, feeling more at ease with the transparency and mutual consent involved in the process.
  • Children conceived with known donor sperm often benefit psychologically by having the option to know their biological background and, in some cases, establish a relationship with the donor. Thus, using a known donor can foster a sense of openness within the family, helping children understand their origins in a straightforward and honest manner.
  • Further, in some cultures using a known donor is more acceptable than using anonymous donors, aligning with cultural values of family and kinship. Personal preferences and beliefs play a significant role, with many individuals opting for known donors to maintain cultural or personal continuity.
  • Thus, such aforementioned factors are expected to augment the segmental growth.

Based on technique, the market is segmented into donor insemination and in-vitro fertilization. The donor insemination segment held a market share of 73.5% in the year 2023.

  • Donor insemination is a primary treatment option for couples facing male infertility due to low sperm count, poor sperm motility, or sperm abnormalities. In cases where male partners are unable to produce viable sperm or carry genetic disorders, donor insemination provides a viable solution.
  • This technique widely available in fertility clinics and sperm banks worldwide, making them easily accessible to individuals and couples seeking assistance. Sperm banks offer a diverse selection of donors, providing recipients with a wide range of options to choose from based on their preferences and needs.
  • Donor insemination has been a successful method of achieving pregnancy for many couples, with high success rates in cases where male factor infertility is the primary issue. For instance, according to the National Institutes of Health, in 2023, the success rate of donor insemination varies from 60% to 80%.
  • Moreover, this technique is often more affordable than other assisted reproductive technologies (ART) such as in vitro fertilization (IVF), making it a cost-effective option for couples seeking fertility treatment, thereby escalating the growth of the market.

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The U.S. sperm bank market is anticipated to grow at CAGR of 3.4% during the analysis timeframe.

  • Sperm banks are widespread across the U.S., with a comprehensive network of facilities serving urban, suburban, and rural areas. Patients have easy access to sperm banks, with multiple options available within their geographic region, enhancing convenience and choice.
  • Further, increase in assisted reproductive technology (ART) escalates the adoption rate of these banks. For instance, according to the Centers for Disease Control and Prevention (CDCP), in 2023, around 6% of married women aged 15-49 in the U.S. struggled to conceive in 2020, while 14% experienced impaired fecundity, highlighting the growing demand for IVF procedures.

Germany sperm bank industry is anticipated to witness lucrative growth between 2024 – 2032.

  • The country boasts a well-developed healthcare system with advanced medical facilities and expertise in reproductive medicine. Sperm banks in Germany benefit from modern laboratories and clinics equipped with cutting-edge technology for sperm collection, processing, and storage.
  • Germany has stringent regulations governing sperm banks, ensuring compliance with safety, quality, and ethical standards. Thus, sperm banks in Germany operate within a legal framework that mandates thorough donor screening,

Japan market is expected to grow significantly over the years.

  • Japan is experiencing a demographic shift characterized by declining birth rates and an aging population, leading to a higher prevalence of infertility. As infertility becomes more prevalent, there is a growing demand for ART, including sperm donation, to assist individuals and couples in achieving pregnancy.
  • Japanese society places a strong emphasis on family and parenthood, with many individuals and couples aspiring to have children. There is generally a positive attitude towards ART in Japan, making services such as sperm donation more socially acceptable and accessible.

UAE sperm bank industry is anticipated to witness lucrative growth between 2024 – 2032.

  • UAE has made significant investments in healthcare infrastructure, with modern hospitals and clinics equipped with advanced reproductive technologies. Specialized fertility clinics and reproductive centers in the UAE offer comprehensive services, including sperm banking, to cater to the needs of patients seeking fertility treatments.
  • There has been a shift in cultural attitudes towards reproductive health and family planning in the UAE, with increasing acceptance of ART and fertility treatments. Parenthood is highly valued in Emirati society, and individuals and couples facing infertility may seek out sperm donation as a means of fulfilling their desire for children.

Sperm Bank Market Share

The sperm bank industry is highly competitive, marked by several players striving for market dominance. Providers offer comprehensive storage and analysis with improved efficiency and affordability. This includes advancements in processing, precision, automation, and customization. Competition is driven by factors such as the quality, reliability, and ease of usage along with integration capabilities with existing technologies, and compliance with regulatory standards. Strategic partnerships with companies and healthcare networks play a crucial role in market positioning.

Sperm Bank Market Companies

Some of the eminent market participants operating in the sperm bank industry include

  • California Cryobank
  • CryoChoice
  • CryoGam Colorado
  • Cryos International
  • European Sperm Bank
  • Fairfax Cryobank
  • Fairfax Cryobank
  • London Sperm Bank
  • Manhattan Cryobank
  • Midwest Sperm Bank
  • New England Cryogenic Center
  • NW Cryobank
  • Seattle Sperm Bank
  • The Sperm Bank of California
  • Xytex

Sperm Bank Industry News

  • In August 2022, California Cryobank announced the expansion of its storage sites and laboratories. Thus, this expansion helped to increase the portfolio of the company and further escalated the geographical presence of the company, thereby generated sales.
  • In June 2022, Seattle Sperm Bank partnered with Wijnland Fertility Clinic in South Africa to distribute their donor sperm in Southern Africa. Thus, it expanded the geographical presence of the company in untapped regions, thereby increased the revenue.

The sperm bank market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 – 2032 for the following segments

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Market, By Service Type

 

  • Sperm storage
  • Semen analysis
  • Genetic consultation

Market, By Donor

  • Known donor
  • Anonymous donor
  • ID disclosure donor

Market, By Technique

  • Donor insemination
  • In-vitro fertilization

Market, By End-use

  • Hospitals and clinics
  • Fertility clinics and centers
  • Research institutes and laboratories
  • Other end-users

The above information is provided for the following regions and countries

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Netherlands
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Middle East and Africa
    • Saudi Arabia
    • South Africa
    • UAE
    • Rest of Middle East and Africa

 

Table of Content

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