Global Sperm Bank Market

Sperm Bank Market Size, Share, Growth Analysis, By Donor Type(Known Donor, and Anonymous donor), By Service(Sperm storage, Semen analysis, and Genetic consultation), By Fertilization Techniques(Donor insemination, and In vitro fertilization), By Region - Industry Forecast 2024-2031


Report ID: SQMIG35A2616 | Region: Global | Published Date: April, 2024
Pages: 219 |Tables: 88 |Figures: 76

Sperm Bank Market Insights

Global Sperm Bank Market size was valued at USD 4.83 billion in 2022 and is poised to grow from USD 5.10 billion in 2023 to USD 7.82 billion by 2031, at a CAGR of 5.5% during the forecast period (2024-2031).

The main drivers of this market are improvements in cryopreservation methods, more awareness, the emergence of reproductive tourism, and improved access to infertility therapy. Another one of the main factors driving up demand is the likelihood of miscarriages rising. Additionally, the market is experiencing significant growth potential as single-parent or same-sex households are becoming more and more accepted in many communities. One of the causes influencing sperm donations across multiple nations is the LGBT community's (Lesbian, Gay, Bisexual, and Transgender) community's growing acceptance.

The demand for sperm bank services is anticipated to keep rising as people's concerns about male infertility due to abnormally low sperm counts and ejaculatory issues grow. The American Association of Pregnancy estimates that up to 50% of the instances of infertility are caused by male infertility alone. Other factors that contribute to male infertility include smoking, abusing illegal drugs, getting exposed to dangerous substances, drinking too much alcohol, and hereditary conditions. Globally, the incidence of both male and female infertility is increasing as a result, which is boosting demand for treatments for infertility including donor insemination as well IVF procedures and, consequently, the market's expansion.

The demand for sperm banks is anticipated to rise as more government funding and supportive policies promote the use of reproduction treatments. Only a few of the assisted reproductive technology (ART) procedures that the Singapore government provides co-funding for at roughly a 75% rate include IVF, Gamete Intrafallopian Transfer (GIFT), & Intracytoplasmic Sperm Injection (ICSI). The NHS, or National Health Service, in the UK also covers up to three IVF cycles.

The International Federation for Fertility Societies (IFFS), the American Society of Reproductive Medicine (ASRM), the European Society for Human Reproductive and Embryology (ESHRE), as well as the Canadian Fertility and Andrology Society (CFAS) have all issued recommendations for meant couples who are undergoing or will undergo treatments like IVF in response to the COVID-19 pandemic. Intrauterine insemination, ovulation, & non-urgent gamete cryopreservation were all advised for suspension in all of the aforementioned associations' guidelines.

US Sperm Bank Market is poised to grow at a sustainable CAGR for the next forecast year.

Market Snapshot - 2024-2031

Global Market Size

USD 4.83 billion

Largest Segment

Known Donor

Fastest Growth

Known Donor

Growth Rate

5.5% CAGR

Global Sperm Bank Market ($ Bn)
Country Share for North America Region (%)

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Sperm Bank Market Segmental Analysis

The global sperm bank market is segmented on the basis of donor type, service, fertilization techniques, and region. Based on donor type, the market is segmented into known donor and anonymous donor. Based on service the market is segmented into Sperm storage, semen analysis, genetic consultation. Based on fertilization techniques, the market is segmented into donor insemination, and in vitro fertilization. Based on region the global Sperm Bank Market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.

Analysis by Donor Type

The sector of known donors had the biggest market share in 2022 with 57.6%. The greatest income share is largely due to the shifting legal landscape in many nations, which now mandates that children have a right to know who their biological parents are. Examples of such nations with strict rules prohibiting donor anonymity are Austria, Switzerland, New Zealand, Sweden, the United Kingdom, and Australia. Utilizing well-known donors guarantees that the donor's medical and behavioral history is readily available. A further factor in the sector expansion is the significantly greater cost of a well-known donor.

In any legal documents, anonymous donations remain anonymous. A secrecy agreement between the donor & receiver, however, prevents it from being revealed to the recipient in some nations. Utilizing an anonymous donor is less complicated than employing a known donor. One of the variables that may have a negative effect on the segment's growth is the fact that an increasing number of nations are embracing the policy of revealing the biological identity of the progeny.

Analysis by Fertilization Techniques

In 2022, the donor insemination market share was significant at 73.7%. Donor insemination has a sizable clientele since it is inexpensive and easy to perform, which is a key factor in the market's expansion. Prior to IVF, it is advised that patients try at least three cycles of artificial conception because it is less expensive.

The quickest CAGR is anticipated for in vitro fertilization during the projection period. One of the key elements driving the growth of the sperm bank industry is the rising knowledge of the advantages of IVF operations over insemination techniques. One of the main elements fueling expansion is the procedure's high cost.

The prevalence of male infertility is rising, and nations like Japan have high mother ages, which are a couple of other variables influencing the demand for IVF. A couple of other market factors are the repeal of China's one-child policy and the rise of PCOS cases. Increased access to IVF as a result of a favorable funding or reimbursement structure also helps to provide favorable growth opportunities.

Global Sperm Bank Market By Donor Type , 2022 (%)

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Sperm Bank Market Regional Insights

North America dominated the market in 2022 with a 36.9% market share. The increased incidence of infertility in Americans is the main cause of this. Infertility affects 1 in 5 married women in the United States in the ages of 15 and 49 who never gave birth, according to the United States Department of Health and Human Services (HHS). A fourth (26%) of the women in this category also have difficulties getting pregnant and carrying their pregnancies to term.

The Asia Pacific market is anticipated to grow profitably during the anticipated period. Some of the variables that are anticipated to propel regional growth include the rising demand of ART and affordable treatment. A favorable legal environment and rising demand for fertility treatments among Chinese people are further factors propelling the business.

Global Sperm Bank Market By Geography, 2024-2031
  • Largest
  • Fastest

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Sperm Bank Market Dynamics

Drivers

Increasing Demand for Assisted Reproductive Technologies

  • The growing prevalence of infertility issues and the desire for parenthood among couples and individuals who are unable to conceive naturally is driving the demand for assisted reproductive technologies. Sperm banks play a crucial role in meeting this demand by providing access to quality sperm samples.

Restraints

Limited Availability of Donors

  • The availability of suitable sperm donors can be a constraint in the market. The stringent screening processes and eligibility criteria for donors, including medical history, genetic testing, and psychological evaluations, can restrict the pool of potential donors. This limitation can result in longer waiting periods for individuals or couples seeking donor sperm.

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Sperm Bank Market Competitive Landscape

The sector is particularly competitive as a result of the numerous local and global market competitors. Businesses in the sector are putting in place a range of measures, such as service introductions, facility expansions, partnerships, and collaborations, to grow their market share. For instance, in June 2022, Perwyn, a private equity firm, revealed that it had acquired European Sperm Bank of Axcel.

Top Player’s Company Profiles

  • Cryos International 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

Recent Developments

  • In May 2022, A USD 25M Series B fundraising round for Legacy, a virtual fertility clinic for men with sperm, was headed by Bain Capital Ventures and involvement from FirstMark Capital, Section 32 of TQ Ventures, and Valour Equity Partners. With the help of the latest round of funding, Legacy hopes to triple its workforce and broaden its offerings beyond sperm analysis, freezing, and fertility support. The business also intends to open Legacy Labs, that will be actual labs where clients can obtain same-day at-home assistance.
  • In March 2022, A healthcare company that provides direct care to patients, Ro, purchased Dadi, a fertility business that facilitates sperm evaluation, analysis, and storage. Dadi's exclusive collecting, testing, & storage kit was used by Ro to launch Ro Sperm Kit, an improved and rebranded product.

Sperm Bank Key Market Trends

  • Increasing Demand for Donor Sperm: There is a growing demand for donor sperm due to various factors such as increasing infertility rates, delayed parenthood, same-sex couples, and single individuals seeking to build families. This trend is driving the growth of the sperm bank market.
  • Expansion of Sperm Banks: Sperm banks are expanding their services and geographical presence to cater to the rising demand. They are opening new facilities, partnering with fertility clinics, and establishing international networks to make donor sperm more accessible to a larger population.
  • Technological Advancements: Advancements in assisted reproductive technologies, including cryopreservation techniques, genetic screening, and sperm quality assessment, are improving the efficiency and success rates of sperm banks. These technologies enable better selection and preservation of donor sperm, increasing the chances of successful pregnancies.
  • Rising Importance of Genetic Screening: Genetic screening of sperm donors is becoming increasingly important in the market. Sperm banks are implementing comprehensive genetic testing to screen for genetic disorders, hereditary diseases, and chromosomal abnormalities. This ensures the quality and safety of donor sperm and minimizes the risk of passing on genetic conditions to offspring.

Sperm Bank Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyzes the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.

According to our global sperm bank market analysis, the main drivers are improvements in cryopreservation methods, more awareness, the emergence of reproductive tourism, and improved access to infertility therapy. Another one of the main factors driving up demand is the likelihood of miscarriages rising. Additionally, the market is experiencing significant growth potential as single-parent or same-sex households are becoming more and more accepted in many communities. One of the causes influencing sperm donations across multiple nations is the LGBT community's (Lesbian, Gay, Bisexual, and Transgender) community's growing acceptance. Regionwise, North America holds dominance with Asia Pacific in close competition.

Report Metric Details
Market size value in 2022 USD 4.83 billion
Market size value in 2031 USD 7.82 billion
Growth Rate 5.5%
Base year 2023
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • Donor Type
    • Known Donor, and Anonymous donor
  • Service
    • Sperm storage, Semen analysis, and Genetic consultation
  • Fertilization Techniques
    • Donor insemination, and In vitro fertilization
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Cryos International 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
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Sperm Bank Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Sperm Bank Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Sperm Bank Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Sperm Bank Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Sperm Bank Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Sperm Bank Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Sperm Bank Market size was valued at USD 4.83 billion in 2022 and is poised to grow from USD 5.10 billion in 2023 to USD 7.82 billion by 2031, at a CAGR of 5.5% during the forecast period (2024-2031).

The sector is particularly competitive as a result of the numerous local and market competitors. Businesses in the sector are putting in place a range of measures, such as service introductions, facility expansions, partnerships, and collaborations, to grow their market share. For instance, in June 2022, Perwyn, a private equity firm, revealed that it had acquired European Sperm Bank of Axcel. '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'

The growing prevalence of infertility issues and the desire for parenthood among couples and individuals who are unable to conceive naturally is driving the demand for assisted reproductive technologies. Sperm banks play a crucial role in meeting this demand by providing access to quality sperm samples.

Increasing Demand for Donor Sperm: There is a growing demand for donor sperm due to various factors such as increasing infertility rates, delayed parenthood, same-sex couples, and single individuals seeking to build families. This trend is driving the growth of the sperm bank market.

North America dominated the market in 2022 with a 36.9% market share. The increased incidence of infertility in Americans is the main cause of this. Infertility affects 1 in 5 married women in the United States in the ages of 15 and 49 who never gave birth, according to the United States Department of Health and Human Services (HHS). A fourth (26%) of the women in this category also have difficulties getting pregnant and carrying their pregnancies to term.

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Global Sperm Bank Market

Product ID: SQMIG35A2616

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