Sperm Bank Industry - Regional Synopsis
North America Market Statistics
Regionally, the global sperm bank market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.
North America industry is expected to hold largest revenue share by 2037, owing to growing acceptance of single parenthood, and same sex couples. Moreover, increasing disposable income encourages couples with fertility issues, to opt for IVF solutions, which is estimated to boost the market growth.
Europe Market Analysis
The market in the Europe region is estimated to garner significant share in the market by the end of 2037, owing to the rising cases on infertility due to the high share of obese population. More than 25% of the population of the United Kingdom is obese. Moreover, efficient medical facilities in the region along with the acceptance of ART for child birth, are some of the factors estimated to boost the market growth.