The global sperm bank market size was USD 5.28 Billion in 2021 and is expected to register a revenue CAGR of 4.8% during the forecast period, according to latest analysis by Emergen Research. Strategic collaborations and investments aimed at expanding existing storage facilities and proving better healthcare services is a major factor driving market revenue growth. For instance, on 1 March 2022, Ro, which is a leading and direct-to-patient healthcare company headquartered in New York, U.S., announced to acquire Dadi, a fertility company specializing in sperm testing, analysis, and storage. In addition, the company has acquired Modern Fertility, fastest-growing women's health company in the U.S. These acquisitions will allow Ro to offer a suite of at-home fertility services, allowing individuals or couples to regain control of their fertility journey. In addition, rising rates of male infertility around the world have also contributed to market revenue growth. For instance, the U.S. Department of Health and Human Services is working to raise awareness about various benefits of semen analysis and storage, which are critical fertility services.
The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analysis of the crisis on the overall market. Global Sperm Bank Market has been developing at a rapid rate and is contributing significantly to the global economy in terms of revenue, growth rate, sales, market share, and size. The Global Sperm Bank Market report is a comprehensive research document that provides valuable insights to the readers to understand the fundamentals of the Sperm Bank market.
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The leading market contenders listed in the report are:
Cryo-Save Group, Androcryos CC, New England Cryogenic Center, Indian Spermtech, California Cryobank, Seattle Sperm Bank, Fairfax Cryobank, Inc., London Sperm Bank, Xytek, and Baby Quest Cryobank Pvt. Ltd
Key reasons to buy the Global Sperm Bank Market report:
- The latest report comprehensively studies the global Sperm Bank market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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Market Segmentations of the Sperm Bank Market
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Service Type Outlook (Revenue, USD Billion; 2019-2030)
- Sperm Storage
- Semen Analysis
- Genetic Consultation
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Donor Type Outlook (Revenue, USD Billion; 2019-2030)
- Known Donor
- Anonymous Donor
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End-Uses Outlook (Revenue, USD Billion; 2019-2030)
- Donor Insemination
- In Vitro Fertilization
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Regional Outlook of the Sperm Bank Market
The global Sperm Bank market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Sperm Bank market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
Key reasons to buy the Global Sperm Bank Market report:
- The latest report comprehensively studies the global Sperm Bank market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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