Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Sperm Bank Market size was valued at USD 5.26 billion in 2024 and is expected to reach USD 8.33 billion by 2037, expanding at around 3.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of sperm bank is evaluated at USD 5.42 billion.
The growth of the market can be attributed to the increasing infertility among both men and women due to unhealthy lifestyle. According to the data by the World Health Organization, more than 186 million individuals suffer from infertility globally. Lack of physical activities, obesity, smoking and drinking, and drug abuse are some of the lifestyle habits that cause infertility. Moreover, increasing awareness regarding assisted reproductive technology (ART) is expected to boost the market growth. Additionally, growing acceptance of the LGBTQ community has paved way for same sex couples to opt for IVF, which is estimated to promote the growth of the market.