Artificial Sperm Market Size 2021 Emerging Trends, Development Status, Future Demands, Market Potential, and SWOT Analysis till 2027

SEATTLE, May 04, 2021, (PHARMIWEB) —

Overview:

Artificial sperm are artificial sperm for people suffering from infertility. Men who suffer from infertility easily adopt artificial sperm production. The cells that develop the artificial sperms are either somatic or progenitor cells. In azoospermic men (a man whose semen contains no sperm), these sperm are used to replace non-existent sperm cells. Intrauterine insemination (IUI) is the most common method of artificial insemination. However, it is expensive and takes more time than natural intercourse.

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Drivers:

Increasing focus towards research and development for the treatment of infertility by artificial sperm is expected to drive the global artificial sperm market growth over the forecast period. For instance, the University Of California San Diego School Of Medicine announced, in July 2020, that they are working on a better method for producing human spermatogonial stem cells (SSC) in the lab using sperm stem cell transplantation

COVID-19 Impact:

The outbreak of COVID-19 has impacted the financial status of businesses in all sectors. The outbreak has also affected the global artificial sperm market, and thus, several fertility centres around the world are taking the initiative to treat individuals with infertility in this pandemic situation. For instance, in March 2020, Fertility Centres of New England announced that they will continue to treat infertility patients, following all the guidelines of the American Society of Reproductive Medicine.

Restraints

The high cost of treatment is expected to hamper growth of the global artificial sperm market. In the United States, the treatment cost of in-vitro fertilisation for a person ranges between US$ 800 and US$ 1,000, according to Planned Parenthood Federation of America, Inc.

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Segmentation:

By application

• Azoospermia
• Artificial Insemination
• Others

By end-user

• Fertility Centres
• Hospital
• Others

By region

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa

Competitive Landscape:

Key players and research institutes active in the global artificial sperm market are University of California Kallistem, Nanjing Medical University and Institute of Zoology, San Diego School of Medicine, and Chinese Academy of Sciences.

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