Global Sperm Processing Media Market: Market Outlook
Increasing infertility rates has become burden, worldwide. Advancements and innovation in IUI, IVF, and other fertility treatments have led to increase in success rate through assistive reproductive technology among fertile and infertile couples. However, sperm sorting methods utilize to select viable sperm from the semen samples. During Assisted reproductive technologies (ARTs) Sperm processing is very important step during ART procedure. Hence demand for Sperm processing media increase exponentially
Moreover, Cultural shift towards same-sex marriage is expected to increase demand for sperm processing media market with increasing treatment adoption rate. Same-sex couples, single women or heterosexual women prefer intrauterine insemination procedure for conceiving. During IUI process of inseminating a woman with sperm collect from partner or donor. The sperm are prepared with sperm washing procedure for insemination which pulls out a concentrated amount of healthy sperm
Furthermore, East Asia continue to be the greatest lucrative market for sperm processing media market in general. The Japan sperm processing media market has persistently shown significant annual growth rates. Outside of these lucrative markets, China, U.S, and India represent significant opportunities for sperm processing media market players.
Like other medical field, sperm preparation technique is also facing lot of obstruction during sperm processing. Beside that another pitfall is legal issue. Some country’s regulation do not allow sperm banking and sperm processing. Therefore in those places persons are not coming forward for semen donation for clinical purpose. However, lots of human sperm processing media are available in market. Leading players are working to manufacture, upgrade and market human sperm processing medium.
What are the Key Trends Impacting Growth of the Global Sperm Processing Media Market?
With advancements in assistive reproductive technology has now evolved into artificial insemination and sperm preservation.
Advancements and innovation in IUI, IVF, and other fertility treatments have led to increase in success rate through assistive reproductive technology among fertile and infertile couples.
Based on data released by Centers for Disease Control and Prevention (CDC), in 2017, 1.7% of infants born in the U.S are with the help of assistive reproductive technology. This has further increased to 1.9% infants in 2018 with technology developments within a year.
How is the Increasing Infertility Driving the Demand for Sperm Processing Media?
According to the World Health Organization (WHO), in 2019, infertility affects near 13- 15% of couples, approximately 60–80 million couples every year, globally. Infertility indicates when a person is unable to produce an offspring even after more than 6 months of trying. Moreover, 20%-30% infertility cases found male and 10% in female due to low sperm production, quality of sperm, age as well as lifestyle choices. One most common cause of infertility is polycystic ovarian syndrome (PCOS) that interferes with normal ovulation in females. According to the United Nations, in the U.S, it was estimated to be 1.796 births per women in 2017, which further declined to 1.776 births per women in 2018.
Rise in infertility cases leads to seek sperm processing media option. Thus, increasing prevalence of infertility will fuel the adoption of sperm processing media and boost market growth.
How is Upsurge in Artificial Insemination Treatment Adoption Increasing the Demand for Sperm Processing Media?
Artificial Insemination Treatment is cost effective, rapid, and used for Intra-Uterine Insemination. Nowadays, intrauterine insemination being a minimally invasive procedure is the first point of preference for patients. Sperm processing media providers arrange different types of sperm processing media as per the end user demand
Moreover, treatment is provided according to complication and requirements of patient’s health. For instance, women above 35 years is provided fertility drugs Gonadotropins with IUI to increase success rate. Some women get pregnant by 3-6 IUI cycles and others get referred for more invasive procedures. Also, for some insurance coverage, patient is required to go for IUI before option for IVF.
Whereas, cost-effective complete treatment package as well as favorable reimbursement scenario in some countries has increased adoption rate for infertility treatment. Thus growing adaption of Artificial Insemination Treatment boost the demand of Sperm processing media
What are the Key Challenges that may Restrain Growth of the Global Sperm Processing Media Market?
Sperm processing media costs is high which also increases IUI procedure treatment cost. Moreover, sperm yield given by Sperm processing media is low when compared to swim up.
Moreover, Sperm processing success rate varies in every patient depending upon the age and various other factors. IUI treatment being less invasive as compared to other fertility treatment have less success are when compared may also restrict the growth of the sperm processing media market.
Key Segments of global Sperm Processing Media Market Covered in the Report
Based on product, the sperm processing media market has been segmented as
- Sperm Preparation Medium
- Sperm Freeze Medium
- Sperm Wash Medium
- Sperm Gradient Media
- Sperm Separation Medium
Based on application, the sperm processing media market has been segmented as
- Intrauterine Insemination (IUI)
- In Vitro Fertilization (IVF)
- Intracytoplasmic Sperm Injection (ICSI)
- Assisted Reproductive Technology (ART)
Based on end user, the sperm processing media market has been segmented as
- Fertility Clinics
- IVF Infertility Centers
Based on the region, the sperm processing media market has been segmented as
- North America
- Latin America
- South Asia
- East Asia
- Middle East & Africa
Key players operating in the global sperm processing media market include
- Cooper Surgical Fertility Solutions
- HI-TECH SOLUTIONS
- FUJIFILM Irvine Scientific
- GYNEMED GmbH & Co. KG.
- Cryo-Genie India Pvt. Ltd.
- Sperm Processor Pvt Ltd
What strategies are the Key Players adopting for Increasing their Market Share in the Global Sperm Processing Media Market?
Key players in the global sperm processing media market are focusing on strategic partnerships to deliver sperm processing media with quality. Moreover, key players in the sperm processing media market are aiming to expand their presence in the developing region through collaboration.
- For instance, Vitrolife announced collaboration agreement with ParentPlus LLC, with the aim of developing new products for IUI (Intra-Uterine Insemination, artificial insemination.
Leading players in the global sperm processing media market are also focusing on acquisitions of the companies that offer specialized products and projects potential to generate substantial revenue. By acquiring these companies, manufacturers in the market aim to have a stronger product portfolio as compared to its competitors.
- In August 2019, Hamilton Thorne Ltd, a leading provider of Assisted Reproductive Technologies (ART) product and services acquired Planer Ltd.
Thus, the increasing strategic development activities carried out by the manufacturers in the global sperm processing media market will have a positive impact leading to a significant growth in the market during the forecast period.
What are the Key Opportunities for Sperm Processing Media Manufacturers?
Majority of the population is living with infertile condition, globally. In under developed region, most of the population is not aware about fertility treatments.
With the arrival of new novel therapies, unaddressed population in middle and lower income countries as well as developed countries can offer significant revenue generation opportunities. Countries such as China and India, have a moderately large population base, and rate of infertility is higher as compared to other countries.
However, the number of healthcare facilities is increasing in these regions and the demand for sperm processing media is expected to further increase over the next few years.
Fertility related disorders are a relatively serious issue in China and India, which is offering lucrative opportunity for leading manufacturers to expand their business in these countries and increase their market share.
Why is the U.S. a Big Market for Global Sperm Processing Media?
Rising infertility prevalence and innovations in infertility treatment increase need for fertility clinics in the US. There has been significant increase in number of fertility clinics in US.
- According to CDC, there were around 448 reported fertility clinics in 2018 in the U.S. performing around 300,000+ assistive reproductive procedures.
Moreover, in developing economies to make fertility treatment more accessible, various professional awareness programs are arranged by government. Moreover, the presence of major key players in the market is another factor that makes U.S. a dominant player in the global sperm processing media.
What makes China Dominant Player in the Global Sperm Processing Media Market?
China dominates the global sperm processing media market and will continue to do so during the forecast period as well. The availability of a good healthcare infrastructure and facilities is the major factor that is contributing to China overall growth in the global sperm processing media market. Moreover, large population base with infertility condition in the country along with the availability of infertility treatment represent considerable growth in the global sperm processing media market.
What is the Repercussion of the Pandemic on the Growth of the Global Sperm Processing Media Market?
COVID-19 pandemic will show a negative impact on the global sperm processing media market. The lockdown in the first half of 2020 led to severe disruption in the supply chain. Moreover, short term shut down of Hospitals, fertility clinics remain closed for first few months in 2020 this leads to lower adaption rate of sperm processing media by end user.
The report on the Global Sperm Processing Media Market covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Historical Actual Market Size, 2016 - 2020
- Market Size & Forecast 2021 to 2031
- Supply & Demand Value Chain
- Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
- Market Drivers and Restraints
Regional analysis for Global Sperm Processing Media Market includes
- North America
- Latin America
- East Asia
- South Asia
- Middle East & Africa
Report on Global Sperm Processing Media Market highlights:
- Shifting industry dynamics
- In-depth market segmentation
- Historical, current and projected industry size
- Recent industry trends
- Key competition landscape
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company
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