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Sonicu Introduces New Monitoring Package Tailored for Life Science and Laboratories

Enhanced FDA reporting, full IQ/OQ package & incubator monitoring sensor round out Lab21 offeringsGREENFIELD, IN / ACCESSWIRE / May 16, 2023 / A national leader in temperature and environmental monitoring ....

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Global sperm market reaches nearly US$5 billion

Global sperm market reaches nearly US$5 billion
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Sperm Bank Market Size to Reach $4.86 Billion, Globally, by 2027 at 5.2% CAGR: Allied Market Research


by Donor Type (Known Donor and Anonymous Donor) and Service Type (Sperm Storage, Semen Analysis, and Genetic Consultation): Global Opportunity Analysis and Industry Forecast, 2020–2027. According to the report, the global sperm bank industry was estimated at $4.74 billion in 2019, and is expected to hit $4.86 billion by 2027, registering a CAGR of 5.2% from 2020 to 2027.
Drivers, restraints, and opportunities-
Increase in incidences of male and female infertility, supportive government initiatives, and rise in acceptance among people fuel the growth of the global sperm bank market. On the other hand, high cost and low success rate of treatment impede the growth to some extent. However, technological advancements are anticipated to create lucrative opportunities in the industry. ....

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