The global sperm bank market size is expected to reach USD 5.45 billion by 2025, at a CAGR of 3.3% over the forecast period
NEW YORK, June 17, 2019 /PRNewswire/ -- Sperm Bank Market Size Analysis Report By Service Type (Sperm Storage, Semen Analysis, Genetic Consultation), By Donor Type (Known, Anonymous), By End Use, And Segment Forecasts, 2019 - 2025
- NEW YORK, June 17, 2019 /PRNewswire/ -- Sperm Bank Market Size Analysis Report By Service Type (Sperm Storage, Semen Analysis, Genetic Consultation), By Donor Type (Known, Anonymous), By End Use, And Segment Forecasts, 2019 - 2025
The global sperm bank market size is expected to reach USD 5.45 billion by 2025, at a CAGR of 3.3% over the forecast period. - The market is majorly driven by increasing incidence of male andfemale infertility, rising acceptance of sperm banking services, and government initiatives in Assisted Reproductive Techniques (ART).
- Increasing cases of miscarriage is also one of the key growth contributors.
- Growing acceptance of Lesbian, Gay, Bisexual, and Transgender (LGBT) community is also a key market driver.