Global Sperm Bank Market Analysis & Trends with a Forecast during the Period of 2016 – 2024
Albany, New York, April 17, 2017: The global sperm bank market has been experiencing high growth rate for the past few years, thanks to the rise in social acceptance and awareness among the people. Considering this scenario, a new market report labeled as “Global Sperm Bank Market – Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024” has been added to the vast online portfolio of Market Research Reports Search Engine (MRRSE). This report on the global sperm bank market offers an in-depth analysis of its emergence, popularity, need and growth forecast for the period of 2016 – 2024. It provides a valuable source of information to industry insiders, industry entrants and potential investors.
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The report provides the basic overview of sperm bank market which includes definitions, assumptions, market chain mechanism, market dynamics and segregations. It also covers several factors driving the demand for sperm banks, those that act as obstacles to the market growth and various policies and laws effecting sperm donation as a service have been precisely analyzed in the report. As per key findings of the report, sperm bank market is driven by factors such as a rise in the number of young sperm donors, an increase in same-*** marriages, legalization of sperm donation, technological advancements in assistive reproduction and strong government support for sperm donors. However, factors challenging the market are the negative mindset of people toward sperm donation, the high expense of artificial insemination & assistive reproduction and strict government laws and regulations in some countries.
For better analysis, sperm donors are segregated into the following types:
- Directed Donor
- Client Donor
- Anonymous Donor
- Known Donor
Sperm banks operating in the market offer different services such as sperm storage, sperm donations, genetic consultation and a semen analysis for a range of end users. The major end- users for sperm bank market are as follows:
- Pre-Vasectomy Patients
- Police Officers
- High-Impact Athletes
- Cancer Patients
- Military Personnel
- Transgender People
Geographically, the global sperm bank market has been segmented into North America, Europe, Asia-Pacific, and Rest of the World. It has also been revealed that North America has the highest number of sperm banks and licensed labs. The North American market for sperm banks is one of the largest markets in the world due to factors like availability of advanced assisted reproductive procedures, higher disposable income, increasing awareness among the people and high rate of miscarriages.
Browse Full Global Sperm Bank Market Report with TOC :http://www.mrrse.com/sperm-bank-market
The research also highlights the current status of the competitive landscape, identifying the key players competing at a global level and assessing their performance over the past few years. Some of the major market participants are New England Cryogenic Center Inc., FairFax Cryobank, Cryos International Sperm Bank and Androcryos.
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