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Global Sperm Bank Industry Research Report, Growth Trends And Competitive Analysis 2018-2025
Sperm bank can be defined as an establishment where the semen is stored in cold conditions for artificial insemination at a later stage. It makes use of cryopreservation freezers to freeze the semen samples. A large number of couples take up artificial insemination to start a family using sperm banks. These institutions also aid individuals with reproductive problems. The sperm banks support the notion of raising awareness among men regarding the reduction in fertility potential and exposure to reproductive hazards from the environment leading to the option of semen storage. It is a practice followed quite often for individuals facing orchiectomy, chemotherapy, vasectomy, and radiation therapy.
During 2017, the semen analysis segment accounted for the major shares of the sperm bank market. Factors such as the increasing demand for insemination procedures around the world and the availability of numerous semen analysis tests, will contribute to the growth of this industry segment in the coming years.
This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the sperm bank market throughout the forecast period. The rise in infertility and obesity rates in the region and the changing lifestyle that involves the high consumption of liquor, and excessive smoking, will drive the demand for sperm banks in the Americas.
In 2017, the global Sperm Bank market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.
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The key players covered in this study
- Cryos International
- FairFax Cryobank
- New England Cryogenic Center
- California Cryobank
- European Sperm Bank
- Indian Spermtech
- London Sperm Bank
- Seattle Sperm Bank
Market segment by Type, the product can be split into
- Semen Analysis
- Sperm Storage
- Genetic Consultation
Market segment by Application, split into
- Sperm Collection Centers
Market segment by Regions/Countries, this report covers
- United States
- Southeast Asia
- Central & South America
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