Top 5 Companies in the Global Sperm Bank Market

The global sperm bank market was valued at USD 4.94 billion in 2023 driven by the rising infertility rates across the globe. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 3.4% to reach over USD 6.68 billion by 2032.

A sperm bank refers to a facility that collects, stores, and distributes sperm for use in assisted reproductive technologies. Sperm banks are often used by individuals or couples to obtain donor sperm for artificial insemination or in vitro fertilization (IVF). Some sperm banks offer genetic testing of donors to screen for any inherited conditions. The change in societal perception about assisted reproductive technologies and sperm donation is prompting more people to turn to sperm banks for fertility solutions.

A new report published by the World Health Organisation (WHO) in April 2023 revealed that a significant proportion of people are affected by infertility in their lifetime, with an estimated 17.5% of the adult global population (around 1 in 6 individuals) experiencing infertility. Further, the lifetime prevalence of infertility was reported to be 17.8% and 16.5% in high-income countries and low- and middle-income countries, respectively. This rising burden of infertility issues is driven by factors such as lifestyle changes, delayed childbirth, and environmental causes, which in turn, fuel the demand for viable fertility solutions and contribute to market demand.

The expansion of sperm banks in established as well as emerging markets is a significant trend that is increasing access to sperm bank services. For instance, in May 2024, a sperm bank was set up in Private Care Clinic Tokyo (Japan) for sperm donations where the donors are ready to disclose their identity. Further, in July 2023, the first public egg and sperm bank was opened in Victoria (Australia) at the Royal Women’s Hospital with the aim of reducing fertility barriers to starting a family.

The sperm bank market also benefits from the rising technological advancements in cryopreservation and genetic screening which are improving the efficiency and safety of sperm storage and selection. In addition, there is a growing trend towards fertility preservation among individuals who are delaying parenthood. Thus, the demand for sperm banks is increasing among men who wish to store sperm for future use.

Top Companies Leading the Global Sperm Bank Market in 2024 

1.    Xytex Corporation

Georgia-based Xytex Corporation is one of the longest-running sperm banks in the United States, providing expertise to infertility communities and LGBTQ+ couples through their sperm donation services. The company is known for its extensive catalog of donor sperm, ranging from anonymous, open, and known donors. Xytex prioritizes donor diversity and also emphasizes the updation of the medical history of their sperm donors every six months.

2.    Fairfax Cryobank Inc.

Fairfax Cryobank is an international sperm bank and has a prominent presence in the sperm bank market. With over 35 years of experience in the donor sperm industry, the company specializes in providing comprehensive fertility solutions to clients worldwide. Fairfax Cryobank is known for leveraging strategic acquisitions to maintain its position in the market. The company acquired Cryogenic Laboratories (the first commercial sperm bank in the United States) and Pacific Reproductive Services (the leading fertility clinic in California) to expand its footprint in the market.

3.    Indian Spermtech

Indian Spermtech is a leading sperm bank in India, offering affordable and accessible sperm donation services including high-quality semen testing, sperm preparation, and donor sperm samples. The company is focused on maintaining high standards in donor screening and ensuring the confidentiality of donors and recipients. Indian Spermtech follows the guidelines of ethical behavior established by the Indian Council of Medical Research (The Assisted Reproductive Technology (Regulation) Bill, 2020) and The National Registry of ART Clinics and Banks in India (NRACBI).

4.    European Sperm Bank

Headquartered in Copenhagen, Denmark, the European Sperm Bank (ESB) is considered a key provider of donor sperm and infertility solutions to same-sex couples, solo women, and hetero couples who are planning to have a family. The company sells and ships donor sperm to hospitals and fertility clinics around the world. European Sperm Bank also operates donor drop-in location clinics in Denmark, Germany, the United Kingdom, and the Netherlands. The sperm bank is actively working towards expanding its footprint across Europe and other regions by forming partnerships with fertility clinics and healthcare providers.

5.    London Sperm Bank

London Sperm Bank is one of the leading providers of donor sperm in the United Kingdom, offering a wide range of donors from various backgrounds, ethnicities, and professions, among others. In 2010, the sperm bank merged with the London Women’s Clinic to expand its sperm donation services. The sperm bank is known for its thorough donor vetting process and heavily invests in digital platforms to optimize client engagement and streamline the selection process. London Sperm Bank also offers fertility preservation options, such as sperm storage for future use.