About Sperm Bank
The sperm bank is a licensed enterprise that collects sperm from volunteers. As the increasing trend of using third party sperm from heterosexual infertile couples and lesbian couples. The Sperm bank provides safe and disease-tested sperm for clients. This market is having a growing need of sperm across the worldwide creating.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market is fragmented by key vendors who are focusing on production technologies, improving efficiency and shelf life. Growth opportunities can be captured by tracking the ongoing process improvement and financial flexibility to invest in optimal strategies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Sperm Bank market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Androcryos (South Africa), Cryos International (Denmark), Seattle Sperm Bank (United States), FairFax Cryobank (United States), SellmerDiers Sperm Bank (Denmark), New England Cryogenic Center (United States), California Cryobank (United States), European Sperm Bank (Denmark), Indian Spermtech (India), Phoenix Sperm Bank (United States) and London Sperm Bank (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Xytex (United States), ReproTech (United States) and Crete Fertility Centre (Greece).
Segmentation Overview
AMA Research has segmented the market of Global Sperm Bank market by , Application (Fertility Clinics, Hospitals, Sperm Collection Centers and Other) and Region.
On the basis of geography, the market of Sperm Bank has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Donor Type, the sub-segment i.e. Known will boost the Sperm Bank market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Services Type, the sub-segment i.e. Sperm Storage will boost the Sperm Bank market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increase Demand for Local Donors in Germany and England
Market Growth Drivers:
Increasing Number of Reinvigorate Continent’s Birth Rate, Decreasing Fertility Rate in the European Union, Increasing Level of Low Fertility Rate (Around 2.1 Live Births Per Woman) and Increasing Number of Sperm Donors
Challenges:
Rising Social and Emotional Challenges
Restraints:
Stringent Regulations in Some Regions Such As EU Regulations on Staffing Levels, Is Hampered the Growth of Sperm Banks
Opportunities:
Strong Opportunity Because Of Increased Focused Of Emerging Countries on Recruitment of Local Donors
Market Leaders and their expansionary development strategies
In Apr 2019, European Sperm Bank announced a partnership with Axcel on the vision to give Danish and foreign couples the possibility to have children. Through this partnership boost development, innovation, and expansion.
In Jun 2019, Phoenix sperm bank announced the opening of its 3rd laboratory in La Jolla in California. Under this, they provide exceptional customer service and ability to help more couples for the process of sperm donor selection
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Sperm Bank Service Providers, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.