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Sperm Bank Market Trends

Report ID: GMI9633
Published Date: May 2024
Report Format: PDF

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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.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Industry size for sperm bank was USD 5.1 billion in 2023 and is projected to expand at 3.8% CAGR from 2024 to 2032, due to increasing infertility rate, rising acceptance of assisted reproductive technologies, and growing awareness of donor sperm.

The sperm storage services segment in the sperm bank industry is projected to account for USD 3.6 billion by 2032, owing to the rising concerns of chemotherapy and radiation treatments along with the growing trend of delaying parenthood.

The known donor segment in the sperm bank industry recorded USD 2.6 billion in revenue in 2023, as recipients often feel more comfortable using sperm from someone they know personally as it provides a level of trust and familiarity.

U.S. industry size is projected to grow at 3.4% CAGR between 2024 and 2032, led by the increase in assisted reproductive technology (ART) along with the rising trend of delayed parenthood.