The Future of Fertility Storage sector: Market Insights and Projections for 2023-2030
Fertility Storage Industry Data Book | Forecast 2030
Fertility Storage Industry Data Book - Egg Donation, Sperm Bank Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030
Grand View Research’s fertility storage industry data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports and summary presentations on individual areas of research along with a digital healthcare statistics e-book.
Access the Global Fertility Storage Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking, macro-environmental analyses, and regulatory & technological framework studies
Egg Donation Market Analysis And Forecast
The global egg donation market size was valued at USD 3.7 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 17.92% from 2023 to 2030. Some of the driving factors of the market are the increasing demand for donor eggs due to delaying pregnancy by the young generation, rising infertility due to unhealthy habits, and the high success rate of procedures. In the U.S., egg donors are not only compensated for the donation but can also negotiate their compensation amount based on the desirability of their eggs.
According to National Center for Health Statistics, the average age to have a baby in the U.S. increased to 26.3 years in 2016 when compared to 22.7 years in 1980. Furthermore, this age increased to 30.3 years for women with a college degree.
Younger women prefer their own eggs for IVF procedures; however, for women above 40 years of age use of donor eggs increases the success rate of conceiving as the quality and quantity of eggs decline after 40. Delay in pregnancy is a key factor responsible for the declining quality and quantity of own eggs.
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Sperm Bank Market Report Highlights
The global sperm bank market size is expected to reach USD 6.6 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 3.56% over the forecast period.
- In 2022, known donor segment held the largest market share in terms of revenue owing to legal framework in various countries against donor anonymity
- Semen analysis accounted for the highest revenue share in 2022. However, sperm storage segment is expected to expand at the faster CAGR over the forecast period
- On the basis of fertilization techniques, in vitro fertilization held the largest revenue share 2022 owing to high number of IVF cycles with donor sperm
- North America dominated the market owing to increasing rate of infertility and increasing number of men opting for sperm freezing
- Asia pacific is expected to register the fastest CAGR over the forecast period owing to the growing fertility tourism and low cost of the procedure
Go through the table of content of Fertility Storage Industry Data Book to get a better understanding of the Coverage & Scope of the study
Competitive Insights
The market is highly competitive due to the presence of a large number of multinational and local market players. Companies operating in the market are adopting various strategies, such as service launches, facility expansion, and partnerships & collaborations, to gain higher market share.
Key Drivers
- Increasing incidence rate of infertility
- High adoption of Assisted Reproductive Technology (ART)
- Technological advancements
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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