Fertility Storage Industry Data Book - Egg Donation and Sperm Bank Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030

Database Overview

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.

Fertility Storage Industry Data Book Scope

Fertility Storage Industry Data Book Coverage Snapshot

Fertility Storage Sector Outlook

The global fertility storage market size was valued at USD 8.74 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 11.51% from 2023 to 2030. New product approvals, commercialization of home-based diagnostic kits, increase in the incidence of infertility leading to higher diagnosis rate, and rise in awareness are some of the key factors expected to drive the market.

Increasing demand for Assisted Reproductive Technology (ART) is a major cause of the growth in the fertility storage industry’s global revenue. ARTs can help males with no sperm, abnormal sperm, or sperm with poor motility. Furthermore, a higher success rate than other medications and advancements in technology are expected to increase the demand for ART, which is likely to drive the market over the forecast period.

The use of donor eggs is increasing in the U.S. due to the high success rate and availability of significant donors in the U.S. According to the Journal of the American Medical Association, the number of women donating their eggs increased from 2000 to 2010 by 70%, from 10,801 to 18,306. The increase in the donations was due to technological advancement in assisted reproductive technology and more acceptance of procedures.

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.

Licensed fertility clinics offer counseling to couples having problems conceiving. Based on the severity of their problems, doctors and specialists plan IVF treatments for couples. Fertility clinics provide state-of-the-art equipment such as micromanipulation, non-invasive Radio Frequency Identification (RFID) tags, and others. This factor is further expected to propel the market growth over the forecast period.

Sperm Bank Market Analysis And Forecast

The global sperm bank market was valued at USD 5.0 billion in 2022 and is expected to grow at a CAGR of 3.56% over the forecast period from 2023 to 2030. Innovations in cryopreservation techniques, rising awareness, the emergence of fertility tourism, and increasing access to infertility treatment are the key factors driving the growth. Moreover, the market is witnessing lucrative growth opportunities owing to the growing acceptance of single-parent or same-sex families in many societies. Growing acceptance of the Lesbian, Gay, Bisexual, and Transgender (LGBT) community is one of the factors driving sperm donations across various countries.

The demand for sperm bank services is expected to continue to increase due to increasing concerns about male infertility caused by abnormal and insufficient sperm volume and ejaculatory problems. According to the American Association of Pregnancy, male infertility alone accounts for up to 50% of all cases of infertility. Male infertility can also result from smoking, using illegal drugs, being exposed to hazardous substances, excessive alcohol consumption, and genetic issues. As a result, the prevalence of male and female infertility is rising globally, which is driving demand for infertility treatments including donor insemination and IVF procedures and this fueling the market growth.

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