Global Sperm Bank Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than 3.3% over the forecast period 2023-2030. A sperm bank, which is also known as a cryobank, is a specialized company that buys and preserves sperm that is obtained from human sperm donors and sold to women who need to conceive. Sperm donor contracts with the sperm bank for an average of 6 to 24 months before donating sperm. Sperm can be given for more than two years. The sperm donor often complies with specified age and medical history requirements to give sperm to needy women. The market growth is driven by key factors such as the growing Acceptance of the LGBT Community, the prevalence of Poor Fertility, and Advancement in Cryopreservation.

For instance, the anticipated male infertility rate in North America is between 4.5% and 6%, according to a StatPearls article named "Male Infertility" that was published in July 2022. Additionally, 12% of Canadians will smoke frequently in 2021, according to the World Health Organization. Additionally, according to the same source, persons 20 years of age or older smoke more than any other age group (11%) compared to those between the ages of 15 and 19 (4%). The rising prevalence of smoking is associated with a high level of ferroptosis in seminal plasma, which affects the quality of semen and lowers the likelihood of becoming pregnant, both of which are predicted to drive the study market’s growth over the projection period. Moreover, Technological advancement and development in the sperm bank industry enhance the market opportunities in the coming years. However, Lack of Awareness Among People and low Availability of Sperm Banks stifle market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Sperm Bank Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. The growing demand for donor sperm and the increasing acceptance of assisted reproduction technologies in Europe is expected to drive continued growth in the sperm bank market in the region. As a result, Europe is likely to maintain its position as the leading and fastest-growing region in the sperm bank market in the coming years.


Major market player included in this report are:

CRYOS INTERNATIONAL, INC.
Androcryos
New England Cryogenic Centre, Inc
Indian Spermtech
European Sperm Bank
CALIFORNIA CRYOBANK
Fiarfax Cryobank Inc.
London Sperm Bank
Xytex Corporation
Babyquest Cryobank, Pvt



Recent Developments in the Market:
In May 2022, The sperm testing, analysis, and storage facility Dadi was purchased by Ro, a direct-to-patient healthcare firm. As a result of the acquisition, Ro introduced the Ro Sperm Kit, an upgraded and renamed product that uses Dadi’s exclusive collecting, testing, and storage kit.
A DIY semen testing kit was introduced by India IVF Clinic in Delhi NCR in July 2021.

Global Sperm Bank Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered – Service, Donor, End User, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East Africa
Customization Scope - Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Service:
Sperm Storage
Seman Analysis
Genetic Consultant

By Donor:
Known Donor
Anonymous Donor
Other Donors

By End User:
Pre-vasectomy Patient
Cancer Patient
Other End Users


By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa