Sperm Bank Market to Be Dominated by In-Vitro Fertilization Through 2027
Increasing incidence of infertility cases is expected to drive global sperm bank market in the forecast period, 2023-2027. According to TechSci Research report, “Sperm Bank Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027” , the global sperm bank market is anticipated to grow at a steady rate in the forecast period, 2023-2027 . This can be ascribed to the growing prevalence of infertility among the population worldwide, especially in case of males. According to the national survey of family growth, 17% of the couple in the U.S are facing problems with infertility and among them 30% are facing problem fertility because of male donor. Additionally, genetic problems along with growing consumption of illicit drugs and toxic substances has further increased the prevalence of infertility among the population. Growing infertility contributes to an increase in demand for services such as in-vitro fertilization (IVF), donor insemination, among...