Sperm Bank Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Sperm Bank Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A6060
Year End sale Buy Now

Market Overview:

The global sperm bank market size reached US$ 4.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.0 Billion by 2028, exhibiting a growth rate (CAGR) of 3.38% during 2023-2028.

A sperm bank or cryobank refers to a specialized organization that stores and purchases sperm collected from human donors. It places the specimen under controlled conditions to keep them viable for extended durations. In order to be a donor, the bank conducts various assessments, including medical history and age requirement. Sperm bank usually offers storage, semen analysis and genetic consultation services. It also provides a private room to donors for ejaculation purposes, which is later tested for determining the fertility levels. Sperm banks usually sell the stored specimen to hospitals and clinics for artificial insemination, which involves the insertion of the sperm into the female uterine cavity to achieve pregnancy.

Global Sperm Bank Market

Sperm Bank Market Trends:

The increasing incidences of infertility due to the rising prevalence of various chronic ailments, such as thyroid, uterine fibroids, obesity, and polycystic ovarian syndrome (PCOS), along with the escalating consumption of drugs and tobacco-based products, are creating a positive outlook for the market. In line with this, rising concerns of male infertility due to inadequate and abnormal sperm volume is favoring the market growth. Moreover, various innovations, such as the introduction of assisted reproductive technology (ART) procedures, to achieve a successful pregnancy and a healthy baby, while avoiding the passing on of specific genetic conditions are providing an impetus to the market growth. Additionally, the increasing instances of miscarriages is further facilitating the need for sperm banks to conceive through in vitro fertilization (IVF) intrauterine insemination (IUI) techniques, which is positively impacting the market growth. Other factors, including growing acceptance of same-sex and single-parent families, along with the implementation of various government initiatives to promote fertility treatments, are anticipated to drive the market further.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global sperm bank market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on donor type, service type and end use.

Breakup by Donor Type:

  • Known Donor
  • Anonymous Donor

Breakup by Service Type:

  • Sperm Storage
  • Semen Analysis
  • Genetic Consultation

Breakup by End Use:

  • Donor Insemination
  • In-vitro Fertilization

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Baby Quest Cryobank Pvt. Ltd., California Cryobank., CryoChoice, Cryos International, European Sperm Bank, Fairfax Cryobank Inc, Indian Spermtech, New England Cryogenic Center, The London Sperm Bank and Xytex Corporation.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
Segment Coverage Donor Type, Service Type, End Use, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Baby Quest Cryobank Pvt. Ltd., California Cryobank., CryoChoice, Cryos International, European Sperm Bank, Fairfax Cryobank Inc, Indian Spermtech, New England Cryogenic Center, The London Sperm Bank and Xytex Corporation
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global sperm bank market was valued at US$ 4.1 Billion in 2022.

We expect the global sperm bank market to exhibit a CAGR of 3.38% during 2023-2028.

The rising incidences of infertility, along with the introduction of Assisted Reproductive Technology (ART) procedures to achieve a successful pregnancy, are primarily driving the global sperm bank market.

The sudden outbreak of the COVID-19 pandemic had led to the postponement of sperm donation procedures to reduce the risk of the coronavirus infection upon hospital visits and interaction with healthcare professionals, thereby negatively impacting the global market for sperm banks.

Based on the donor type, the global sperm bank can be segmented into known donor and anonymous donor. Currently, known donor holds the majority of the total market share.

Based on the service type, the global sperm bank market has been divided into sperm storage, semen analysis, and genetic consultation. Among these, sperm storage currently exhibits a clear dominance in the market.

Based on the end use, the global sperm bank market can be bifurcated into donor insemination and in-vitro fertilization. Currently, in-vitro fertilization accounts for the largest market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global sperm bank market include Baby Quest Cryobank Pvt. Ltd., California Cryobank., CryoChoice, Cryos International, European Sperm Bank, Fairfax Cryobank Inc, Indian Spermtech, New England Cryogenic Center, The London Sperm Bank, and Xytex Corporation.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Sperm Bank Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Purchase options Year End sale

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More