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Global Sperm Bank Market Size, Share, Trends, Forecast: By Donor Type: Known Donor, Anonymous Donor; By Service Type: Sperm Storage, Semen, Genetic Consultation; By End Use: Donor Insemination, In Vitro Fertilization; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Global Sperm Bank Market Outlook
The global sperm bank market attained a value of USD 4.94 billion in 2023. 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.
North America to Account for a Significant Share of the Global Sperm Bank Market
North America accounts for a significant market share of the global sperm bank industry. This high market share is due to the surge in cases of sexual infertility among the citizens of the United States, and increasing disposable income encourages couples with fertility issues to opt for IVF solutions. Faulty lifestyle consisting of smoking, drinking, and lack of physical exercise, is also contributing to the growth of sperm bank industry. Establishment of infertility care centres, rapidly increasing ancillary sperm banking services such as storage, transportation, and preservation, and rise in IVF centres also favoured the region’s growth.
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Asia Pacific is anticipated to grow in the coming future. Huge male population suffering from infertility is one of the major factors boosting the growth in this region. The increasing awareness about artificial reproductive technology (ART) procedures, low-cost treatment options, coupled with rising sperm donor is likely to bolster the demand for sperm banks in the coming years.
Sperm Bank: Market Segmentation
Sperm bank, also known as cryobank, is a type of fertility preservation, where an enterprise purchases, stores and sells human semen. The sperm cells are then frozen and stored. The sperm is sold and purchased to conceive children, other than by their sexual partner. Samples of semen are collected and checked under a microscope in the laboratory to count sperm cells to find out their health. The person supplying sperm is known as a sperm donor. This process is a third-party reproduction because donated sperm can be injected into a woman's reproductive organs or used to fertilize mature eggs in a lab. A sperm donor is required to meet specific requirements such as age and medical history, among others.
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The major donor types of sperm bank are:
- Known Donor
- Anonymous Donor
The major service types of sperm bank are:
- Sperm Storage
- Semen
- Genetic Consultation
The market can be broadly categorised on the basis of its end-use segments into:
- Donor Insemination
- In Vitro Fertilization
The EMR report looks into the regional markets of sperm banks like North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Increasing Infertility Cases is Propelling the Sperm Banks Market
The global sperm bank industry is expected to grow due to the increasing incidence of fertility in males and females. Apart from hereditary disorders, male infertility is also caused due to illicit drugs, exposure to toxic substances, frequent alcohol consumption, and smoking. Rising prevalence of obesity worldwide is also the key driver for the market. It is one of the primary risk factors for low sperm count in men and infertility among women. Thus, growing prevalence of male and female infertility worldwide is propelling the adoption of infertility services, such as donor insemination and IVF procedures, thereby boosting the market growth.
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Increased prevalence of women miscarriage, technological innovations in the sperm storage industry, growing awareness about this alternative is driving the growth of the industry. Acceptance of LGBTQ community is also propelling the market growth. Legalization of same sex marriages in most countries is likely to increase the demand for sperm donors. Favourable government policies, rise in funding, and supportive laws for single parents are also likely to contribute to the market demand.
Key Industry Players in the Global Sperm Bank Market
The report presents a detailed analysis of the following key players in the global sperm bank market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Seattle Sperm Bank
- Cryo-Save AG
- Xytex Corporation
- Fairfax Crobank Inc.
- Indian Spermtech
- European Sperm Bank APS
- Others
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Donor Type |
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| Breakup by Service Type |
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| Breakup by End Use |
|
| Breakup by Region |
|
| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Sperm Bank Market Analysis
8.1 Key Industry Highlights
8.2 Global Sperm Bank Historical Market (2017-2020)
8.3 Global Sperm Bank Market Forecast (2024-2032)
8.4 Global Sperm Bank Market by Donor Type
8.4.1 Known Donor
8.4.1.1 Historical Trend (2017-2020)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Anonymous Donor
8.4.2.1 Historical Trend (2017-2020)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Sperm Bank Market by Service Type
8.5.1 Sperm Storage
8.5.1.1 Historical Trend (2017-2020)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Semen
8.5.2.1 Historical Trend (2017-2020)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Genetic Consultation
8.5.3.1 Historical Trend (2017-2020)
8.5.3.2 Forecast Trend (2024-2032)
8.6 Global Sperm Bank Market by End Use
8.6.1 Donor Insemination
8.6.1.1 Historical Trend (2017-2020)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 In Vitro Fertilization
8.6.2.1 Historical Trend (2017-2020)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Sperm Bank Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Sperm Bank Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Sperm Bank Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Sperm Bank Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Sperm Bank Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Sperm Bank Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Seattle Sperm Bank
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Cryo-Save AG
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Xytex Corporation
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Fairfax Crobank Inc.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Indian Spermtech
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 European Sperm Bank APS
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Sperm Bank Market: Key Industry Highlights, 2018 and 2032
2. Global Sperm Bank Historical Market: Breakup by Donor Type (USD Million), 2017-2020
3. Global Sperm Bank Market Forecast: Breakup by Donor Type (USD Million), 2024-2032
4. Global Sperm Bank Historical Market: Breakup by Service Type (USD Million), 2017-2020
5. Global Sperm Bank Market Forecast: Breakup by Service Type (USD Million), 2024-2032
6. Global Sperm Bank Historical Market: Breakup by End Use (USD Million), 2017-2020
7. Global Sperm Bank Market Forecast: Breakup by End Use (USD Million), 2024-2032
8. Global Sperm Bank Historical Market: Breakup by Region (USD Million), 2017-2020
9. Global Sperm Bank Market Forecast: Breakup by Region (USD Million), 2024-2032
10. North America Global Sperm Bank Historical Market: Breakup by Country (USD Million), 2017-2020
11. North America Global Sperm Bank Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Europe Global Sperm Bank Historical Market: Breakup by Country (USD Million), 2017-2020
13. Europe Global Sperm Bank Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Asia Pacific Global Sperm Bank Historical Market: Breakup by Country (USD Million), 2017-2020
15. Asia Pacific Global Sperm Bank Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Latin America Global Sperm Bank Historical Market: Breakup by Country (USD Million), 2017-2020
17. Latin America Global Sperm Bank Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Middle East and Africa Global Sperm Bank Historical Market: Breakup by Country (USD Million), 2017-2020
19. Middle East and Africa Global Sperm Bank Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Global Sperm Bank Market Structure.
Key Questions Answered in the Report
In 2023, the global sperm bank market attained a value of nearly USD 4.94 billion.
The market is projected to grow at a CAGR of 3.4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach over USD 6.68 billion by 2032.
Increasing demand for in vitro fertilization (IVF) and donor insemination due to increasing infertility and rising technological developments are among the major industry drivers.
The key industry trends of the global sperm bank market include innovation in cyro- preservation techniques and adoption of assisted reproductive technology (ART) therapy.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with North America accounting for the largest share in the market.
Known donors and anonymous donors are the dominant donor type in the industry.
The major service types of sperm banks in the industry are sperm storage, semen, and genetic consultation.
Donor insemination and in vitro fertilization are the end-users of sperm banks.
The major players in the industry are Seattle Sperm Bank, Cryo-Save AG, Xytex Corporation, Fairfax Crobank Inc., Indian Spermtech, and European Sperm Bank APS, among others.
Analyst Review
The global sperm bank market attained a value of USD 4.94 billion in 2023, driven by the rising prevalence of various infertility and artificial insemination techniques. Aided by the growing technological advancements, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 3.4%. The market is projected to reach over USD 6.68 billion by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on donor types, the sperm bank industry can be segmented in known donor and anonymous donor, with known donor accounting for the largest market share. The major service types of sperm banks in the industry are sperm storage, semen, and genetic consultation. On the basis of end users, the in vitro fertilization sector accounts for the leading share in the industry. The major regional markets for sperm banks are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share of the market. The key players in the above market include Seattle Sperm Bank, Cryo-Save AG, Xytex Corporation, Fairfax Crobank Inc., Indian Spermtech, and European Sperm Bank APS, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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