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

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 global sperm banks market has become very competitive across the world because of advancement in cryopreservation and fertility treatments. Cryos International, Fairfax Cryobank, and New England Cryogenic Center are the key players with several donor databases and advanced storage facilities. The other key players in the global sperm bank industry are European sperm bank and Androcryos, who enjoy growing partnerships along with service diversification. This increase in costs towards technology investments and research compounds the scope for market positioning, thereby creating stimulated innovations and accessibility for all who seek assisted reproductive solutions.  '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'

Rising infertility rates, fueled by lifestyle changes, environmental factors, and delayed parenthood, are a key driver for the global sperm bank market trends. Rising numbers of people and couples who experience infertility problems there from a huge increase in the demand for sperm banking services, including donor sperm and preservation of fertility units, increasing growth of the market around the globe. 

Increasing Demand for Fertility Preservation: Sperm storage services are in increasing demand among individuals as they defer parenthood for career or personal reasons. This trend is also caused by medical reasons, such as cancer treatments, resulting in a broad increase in sperm banking use worldwide. Young men, in fact, drive most of this increase as they want to preserve their fertility. 

Asia-Pacific dominates the global sperm bank market due to its large population base, rising infertility rates, and increasing awareness of fertility treatments. There is a growing demand for sperm banking services now that urbanization and rapid changes in lifestyle have postponed the ages at which people procreate. Significant investments were made on healthcare infrastructural development by governments and private sectors in fertility clinics' accessibility. Cultural acceptance of assisted reproductive technologies has been growing due to continuing improvements in cryopreservation and genetic screening. Treatments in primary markets like India and China have attracted international customers and have given Asia-Pacific further impetus to become the largest market for sperm banks.