The global
Rising Awareness Regarding Sperm Bank
The International Sperm Count Decline Awareness Day is observed on 30th June every year to create awareness related to sperm donation. The World Health Organization, Cryos International and many other governmental and non-governmental organizations are taking initiatives to promote the value of sperm donation and its use in curing infertility. The growing infertility rate among the global population coupled with increasing awareness regarding the declining sperm count among men globally is further expected to create lucrative opportunities for the market growth.
Growing Prevalence of Obesity
The increasing prevalence of obesity is a major factor contributing to the growth of sperm banks market globally. According to Global Obesity Observatory, the prevalence of obesity across males in United States was about 36.47% while that in female was about 38.16%. In terms of obesity in males the United States ranked 14th while that in females United States stood at 30th position. Obesity reduces sperm count in males and is responsible for causing infertility among women. This in turn has increased the pool of people availing services like in-vitro fertilization, thereby driving the growth of sperm banks.
Growing Fertility Tourism
The growing fertility tourism across the globe is expected to create lucrative opportunities for the market growth in the coming years. Fertility tourism refers to the practice of traveling to another country or jurisdiction for availing fertility treatments. The United States, UAE, Thailand, Italy, and Mexico are few such countries which provide the option for gender selection in in-vitro fertilization treatments. This in turn has increased the medical tourism in these countries since they have gender selection legalized in them. Besides, the fertility tourism has increased in countries where the in-vitro fertilization treatment success rate is higher, for instance, Malaysia in Asia Pacific region.
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Market Segmentation
Market Players
Cryo-Save AG, Fairfax Cryobank Inc, Xytex Corporation, Indian Spermtech, Seattle Sperm Bank, London Sperm Bank, Andocryos, New England Cryogenic Center, California Cryobank, Babyquest Cryobank
Attribute | Details |
Base Year | 2021 |
Historic Data | 2017 – 2020 |
Estimated Year | 2022 |
Forecast Period | 2023 – 2027 |
Quantitative Units | Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027 |
Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments covered | · By Service · By Donor Type · By End Use |
Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
Country scope | United States; Canada; Mexico; France; Germany; United Kingdom; Italy; Spain; China; India; Japan; South Korea; Australia; Brazil; Argentina; Colombia; South Africa; Saudi Arabia; UAE; Egypt; Turkey |
Key companies profiled | Cryo-Save AG, Fairfax Cryobank Inc, Xytex Corporation, Indian Spermtech, Seattle Sperm Bank, London Sperm Bank, Andocryos, New England Cryogenic Center, California Cryobank, Babyquest Cryobank |
Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |