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)
Report ID: GMI9633
|
Published Date: May 2024
|
Report Format: PDF
Download Free PDF
Buy Now
$4,123 $4,850
15% off
$4,840 $6,050
20% off
$5,845 $8,350
30% off
Buy now
Premium Report Details
Base Year: 2023
Companies covered: 15
Tables & Figures: 270
Countries covered: 23
Pages: 180
Download Free PDF

Sperm Bank Market
Get a free sample of this reportGet a free sample of this report Sperm Bank Market
Is your requirement urgent? Please give us your business email for a speedy delivery!
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.
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 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.
Sperm Bank Market Analysis
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.
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.
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.
The U.S. sperm bank market is anticipated to grow at CAGR of 3.4% during the analysis timeframe.
Germany sperm bank industry is anticipated to witness lucrative growth between 2024 – 2032.
Japan market is expected to grow significantly over the years.
UAE sperm bank industry is anticipated to witness lucrative growth between 2024 – 2032.
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:
Sperm Bank Industry News:
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:
Click here to Buy Section of this Report
Market, By Service Type
Market, By Donor
Market, By Technique
Market, By End-use
The above information is provided for the following regions and countries: