Sperm Bank Market Snapshot
“The Sperm Bank Market is estimated to increase at a CAGR of 3.45% from $ 4.59 Billion in 2023 to $ 6.57 Billion by 2030.”
A sperm bank, semen bank, or cryobank is a business that buys, stores, and sells human sperm from sperm donors, who generate and sell the sperm for pregnancies other than those with a sexual partner, with donor sperm being sold by the donor.
A sperm bank is a separate entity that supplies donor sperm to individuals, fertility centers, or clinics, or a facility managed by a clinic or medical organization for the benefit of its patients or clients.
Donor sperm insemination is a method of third-party reproduction, where sperm is obtained from a donor rather than the recipient's partner. This method is most commonly used in the 21st century for individuals without a male partner, such as single women and paired lesbians.
Sperm donors must undergo rigorous screening for age and medical history. The US Food and Drug Administration regulates sperm banks as Human Cell and Tissue or Cell and Tissue Bank Product (HCT/Ps) facilities. In the EU, sperm banks must be licensed, and the UK's Human Fertilisation and Embryology Authority regulates sperm banks.
Sperm banks offer fertility services to individuals who cannot conceive normally, including single women, same-sex couples, and infertile partnerships.
They use various methods of fertilization with donor sperm to increase conception odds. Sperm banks do not treat infertility in those who generate non-viable sperm. However, their expanding services provide more options for consumers dealing with reproduction issues.
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Market Trends
Donor sperm demand is increasing due to factors like rising infertility rates, delayed parenthood, same-sex couples, and single individuals starting families, driving the sperm bank market forward.
Sperm banks are expanding their services and geographical presence to meet rising demand by creating new facilities, collaborating with fertility clinics, and establishing worldwide networks to make donor sperm more accessible.
Advances in assisted reproductive technologies like cryopreservation, genetic screening, and sperm quality assessment are enhancing the efficiency and success rates of sperm banks, thereby enhancing donor sperm selection and preservation.
Genetic screening is crucial in the market as it helps protect the quality and safety of donor sperm by detecting genetic illnesses, hereditary diseases, and chromosomal anomalies, thereby reducing the risk of genetic problems being passed down to offspring.
Growth Drivers
The increasing prevalence of infertility disorders and the desire for motherhood among couples and those unable to conceive naturally are driving the demand for assisted reproductive technologies, with sperm banks playing a crucial role in addressing this need.
Market Restraints
The market constraint of sperm donors can be exacerbated by donor screening techniques and eligibility criteria, such as medical history, genetic testing, and psychological evaluations, causing individuals or couples to wait longer.
The market for sperm bank services is expected to grow due to increasing concerns about infertility in both sexes, including insufficient sperm count, pre-ejaculation difficulties, and genetic illnesses. Men account for 30% of all infertility cases, with factors like excessive alcohol intake, drug abuse, and environmental toxins contributing to male infertility. As infertility cases increase, adoption of infertility services like donor insemination and assisted reproductive procedures is expected to grow.
Sperm Bank Market Segment Analysis
Sperm Bank Market Analysis by Donor Type
In 2022, the known donor sector held the largest market share at 57.6%, largely due to changing legal landscapes in countries like Austria, Switzerland, New Zealand, Sweden, the UK, and Australia. These countries allow children to know their biological parents, ensuring easy access to their medical and behavioral history. The higher cost of a well-known donor also influences sector growth.
Anonymous donations are not mentioned in legal documents, but confidentiality agreements between donors and beneficiaries prevent disclosure. Using anonymous donors is easier than using known ones. However, the increasing number of governments revealing the biological identity of progeny may negatively impact the segment's growth.
Sperm Bank Market Analysis by Fertilization Techniques
Anonymous donations are not mentioned in legal documents, but confidentiality agreements between donors and beneficiaries prevent disclosure. Using anonymous donors is easier than using known ones. However, the increasing number of governments revealing the biological identity of progeny may negatively impact the segment's growth.
The rising prevalence of male infertility, high mother ages in countries like Japan, the removal of China's one-child policy, and an increase in PCOS cases are factors affecting IVF demand. Improved access to IVF due to favorable funding or reimbursement systems also contributes to growth potential.
Competitive Landscape of the Sperm Bank Market Analysis
- California Cryobank
- Fairfax Cryobank
- Cryos International Sperm Bank
- European Sperm Bank
- Xytex Corporation
- Seattle Sperm Bank
- London Sperm Bank
- Manhattan Cryobank
- New England Cryogenic Center (NECC)
- Seattle Sperm Donor
- Fairfax Cryobank Donor Services
- Cryobio Systems
- Androcryos
- Reproductive Genetics Institute (RGI)
- Cryobank America
- CryoGam Colorado
- The Sperm Bank of California
- Fertility Center Berlin
- Reproductive Resource Center (RRC)
- Midwest Sperm Bank
New Developments in Sperm Bank Market
Breaking News, In May 2022, Legacy, a digital fertility clinic for people with sperm, raised a USD 25M Series B funding round led by Bain Capital Ventures with participation from FirstMark Capital, Section 32, TQ Ventures, and Valor Equity Partners. With this latest funding round, Legacy intends to quadruple its staff and expand its services beyond sperm testing, freezing, and fertility assistance. The company also plans to launch Legacy Labs: physical labs that allow customers to receive same-day, at-home service.
Breaking News, In March 2022, Ro, a direct-to-patient healthcare company, acquired Dadi, a fertility company specializing in the facilitation of sperm testing, analysis, and storage. As a part of the acquisition, Ro launched Ro Sperm Kit, an updated and rebranded offering powered by Dadi's proprietary collection, testing, and storage kit.
Regional Analysis
Largest Market-> North America
Fastest Growing Market-> Asia Pacific
North America dominates the sperm bank market due to rising male fertility rates due to smoking, alcohol consumption, illicit drug use, and obesity. The estimated male infertility rate in North America is between 4.5% and 6%, according to StatPearls' July 2022 article "Male Infertility." This growth is expected to continue over the forecast period.
The World Health Organization predicts that 12% of Canadians will smoke regularly by 2021, with the highest rate among those aged 20 and above (11%). This rise is linked to high ferroptosis in seminal plasma, which affects sperm quality and reduces pregnancy chances. This trend is expected to drive market growth in the sperm market.
The National Center for Drug Abuse Statistics reported that in 2020, 10.2% of US 12 and older individuals had Alcohol Use Disorder, while in 2019, 25.8% of 18 and older individuals reported binge drinking habits, according to data from the National Institute on Alcohol Abuse and Alcoholism.
The Asia Pacific market is predicted to grow profitably due to rising demand for ART and affordable treatment, coupled with a favorable regulatory framework and increased demand for reproductive treatments among Chinese individuals.
Segments Covered in the Sperm Bank Market Report
Sperm Bank Market Analysis by Donor Type
- Known Donor
- Anonymous donor
Sperm Bank Market Analysis by Service
- Sperm storage
- Semen analysis
- Genetic consultation
Sperm Bank Market Analysis by Fertilization Techniques
- Donor insemination
- In vitro fertilization
The above information has been provided for the following regions and countries:
North America
Europe
- UK
- Germany
- France
- Italy
- Russia
Asia Pacific
- China
- India
- Japan
- South Korea
Latin America
MEA
- UAE
- Saudi Arabia
- South Africa
Frequently Asked Questions
What is the expected growth rate of the Sperm Bank market over the next 7 years?
Sperm Bank Market is estimated to increase at a CAGR of 3.45% from $ 4.59 Billion in 2023 to $ 6.57 Billion by 2030.
Who are the major players in the Sperm Bank market and what is their market share?
California Cryobank,Fairfax Cryobank,Cryos International Sperm Bank,European Sperm Bank,Xytex Corporation,Seattle Sperm Bank,London Sperm Bank,Manhattan Cryobank,New England Cryogenic Center (NECC),Seattle Sperm Donor,Fairfax Cryobank Donor Services,Cryobio Systems,Androcryos,Reproductive Genetics Institute (RGI),Cryobank America,CryoGam Colorado,The Sperm Bank of California,Fertility Center Berlin,Reproductive Resource Center (RRC),Midwest Sperm Bank, are prominent players operating and dominating in the market.
What is the demand projection for Sperm Bank by 2030?
Demand for Sperm Bank is projected to reach a market value of US$ 6.57 Billion by 2030-end.
What is the sales growth projection for Sperm Bank?
Revenue from sales of Sperm Bank is projected to increase at a CAGR of 3.45% through 2030.
1.SUMMARY
1.1. Sperm Bank Market Overview
1.2. Key Insights
1.3. Report Scope
1.4. Research Methodology
1.5. Frequently Asked Questions
1.6. Chapter Outlines
- DECISION-MAKING SUMMARY
- INTRODUCTION
3.1. Overview of Sperm Bank
3.2. Key Historical Events
3.3. Structure
3.4. Biochemical Interaction
3.5. Target Indications
3.6. Advantages of Sperm Bank
3.7 Challenges associated with Sperm Bank
3.8. Future Perspectives.
- MARKET LANDSCAPE
4.1. Methodology
4.2 Sperm Bank: Developer Landscape
4.2.1. Analysis by Year of Establishment
4.2.2. Analysis by Company Size
4.2.3. Analysis by Location of Headquarters (Region-wise)
4.2.4. Analysis by Location of Headquarters (Country-wise)
4.2.5. Analysis by Year of Establishment, Company Size and Location of Headquarters (Region-wise)
4.2.6. Most Active Players
- COMPANY
5.1. Company Overview
5.1.2 Management Team
5.1.3. Product Portfolio
5.1.4. Recent Developments and Future Outlook
- PARTNERSHIPS AND COLLABORATIONS
6.1. Partnership Models
6.2. Sperm Bank: Partnerships and Collaborations
6.2.1. Analysis by Year of Partnership
6.2.2. Analysis by Type of Partnership
6.2.3. Analysis by Year and Type of Partnership
6.2.4. Analysis by Type of Partner
6.2.5. Analysis by Year of Partnership and Type of Partner
6.2.6. Analysis by Type of Partnership and Type of Partner
6.2.7. Analysis by Type of Partner and Parent Company Size
- ACADEMIC GRANTS ANALYSIS
7.1. Methodology and Key Parameters
7.2. Sperm Bank: Academic Grants Analysis
7.2.1. Analysis by Year of Grant Award
7.2.2. Analysis by Amount Awarded
7.2.3. Analysis by Funding Institute Center
7.2.4. Analysis by Support Period
7.2.5. Analysis by Funding Institute Center and Support Period
7.2.6. Analysis by Type of Grant Application
7.2.7. Analysis by Purpose of Grant
- PUBLICATION ANALYSIS
8.1. Analysis Methodology and Key Parameters
8.2. Sperm Bank: Publication Analysis
8.2.1. Analysis by Year of Publication
8.2.2. Analysis by Type of Publication
8.2.3. Analysis by Type of Conjugate
8.2.4. Analysis by Target Indication
8.2.5. Analysis by Copyright Holder
8.2.6. Word Cloud: Emerging Focus Area
8.2.7. Most Active Publishers: Analysis by Number of Publications
- SUCCESS PROTOCOL ANALYSIS
9.1. Methodology and Key Parameters
9.2. Key Assumptions and Scoring Criteria
9.3. Success Protocol Analysis
9.4. Assessment of Approved Sperm Bank
- Appendix 1: Tabulated Data
- Appendix 2: List of Companies
- California Cryobank
- Fairfax Cryobank
- Cryos International Sperm Bank
- European Sperm Bank
- Xytex Corporation
- Seattle Sperm Bank
- London Sperm Bank
- Manhattan Cryobank
- New England Cryogenic Center (NECC)
- Seattle Sperm Donor
- Fairfax Cryobank Donor Services
- Cryobio Systems
- Androcryos
- Reproductive Genetics Institute (RGI)
- Cryobank America
- CryoGam Colorado
- The Sperm Bank of California
- Fertility Center Berlin
- Reproductive Resource Center (RRC)
- Midwest Sperm Bank
