PharmiWeb.com - Global Pharma News & Resources
18-Oct-2023

Semen Analysis Market Sets New Record, Projected at USD 1.49 Billion by 2031 at 4.5% CAGR

Allied Market Research has published a study report with the title “Semen Analysis Market by Product (Semen Analyzers, Centrifuges for Sample Preparation, Semen Test Kits, Disposables and Consumables, Software), by Age Group (34 and below 34 years, 35-40 years, 41 and greater than 41 years), by End User (Fertility Centers, Hospitals, Diagnostic Laboratories, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031.” According to the report, the global semen analysis industry was estimated at USD 955.47 million in 2021 and is anticipated to hit USD 1.49 billion by 2031, registering a CAGR of 4.5% from 2022 to 2031.

The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders in crafting strategies for the future and heightening their position in the market.

𝐖𝐡𝐚𝐭 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐃𝐫𝐢𝐯𝐢𝐧𝐠 𝐅𝐚𝐜𝐭𝐨𝐫𝐬 𝐎𝐟 𝐒𝐞𝐦𝐞𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭?

Rise in the prevalence of male infertility and increase in awareness regarding fertility testing in both the developed and developing countries drive the growth of the global semen analysis market. On the other hand, lack of awareness about semen analysis in economically poor countries impedes growth to some extent. However, rise in sales of male fertility testing kits on the online platform and mounting growth potential in emerging economies have paved the way for lucrative opportunities in the industry.

𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐑𝐞𝐩𝐨𝐫𝐭 𝐰𝐢𝐭𝐡 𝐆𝐫𝐚𝐩𝐡𝐬 𝐚𝐧𝐝 𝐅𝐢𝐠𝐮𝐫𝐞𝐬 𝐇𝐞𝐫𝐞: https://www.alliedmarketresearch.com/request-sample/15811  

Covid-19 scenario –

  • The outbreak of the pandemic led to shut down of fertility clinics to avail fertility services such as semen analysis, which impacted the global market negatively, especially during the initial period.
  • However, in 2021, authorities started granting permission to slowly recommence fertility services across the world along with the implication of provided guidelines. This, in turn, has helped the market recoup soon.

𝐓𝐨𝐩 𝐒𝐞𝐦𝐞𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬

  • Cooper Companies Inc (Cooper Surgical)
  • DNA Diagnostics Center, Inc.
  • Androfert
  • FlowLabs
  • Hamilton Thorne Inc.
  • Leja Products B.V
  • Medical Electronics Systems
  • Michigan center for fertility & women’s health
  • Bioline Technologies
  • Lab IVF
  • Microptic SL
  • MotilityCount ApS
  • NW Cryobank
  • Sperm processor
  • Midland Fertility
  • Synergy medical systems
  • Arquimea (Arquimea Agrotech)

𝐒𝐞𝐦𝐞𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐜𝐚𝐧 𝐛𝐞 𝐝𝐨𝐧𝐞 𝐛𝐚𝐬𝐞𝐝 𝐨𝐧 𝐬𝐞𝐯𝐞𝐫𝐚𝐥 𝐟𝐚𝐜𝐭𝐨𝐫𝐬, 𝐢𝐧𝐜𝐥𝐮𝐝𝐢𝐧𝐠:

Based on product, the disposables and consumables segment generated nearly one-third of the global semen analysis market revenue in 2021, and is expected to lead the trail by 2031. This is due to growth in adoption of consumables & disposable during semen analysis testing The semen test kits segment, on the other hand, would portray the fastest CAGR of 6.7% from 2022-2031. This is attributed to rise in adoption of semen test kits for home-use due to their reliable quality and easily interpretable results.

By age group, the 41 and greater than 41 years segment contributed to nearly two-fifths of the global semen analysis market share in 2021, and is expected to lead the trail by 2031. This is attributed to surge in the prevalence of infertility among people with age between 41 and greater than 41 years. The 35-40 years segment, however, would garner the fastest CAGR of 4.8% during the forecast period. Increase in adoption of semen analysis tests initiated by men between the ages of 35 and 40 to monitor sperm count and male fertility drives the segment growth.

By end-user, the fertility centers segment contributed to more than two-fifths of the global semen analysis market share in 2021, and is expected to lead the trail by 2031. The same segment would also garner the fastest CAGR of 4.7% during the forecast period. This is attributed to increase in the infertility rates among population and rise in the number of IVF and vasectomy procedures performed in fertility centers.

Based on region, Asia-Pacific held the major share in 2021, generating more than one-third of the global semen analysis market. This is due to surge in infertility cases and rise in awareness regarding semen analysis testing among the population. The market across LAMEA, on the other hand, would cite the fastest CAGR of 5.6% throughout the forecast period, owing to increase in adoption of semen analysis tests across the province.

𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/purchase-enquiry/15811

 Our Market Research Solution Provides You Answer to Below Mentioned Question:

  • Which are the driving factors responsible for the growth of market?
  • Which are the roadblock factors of this market?
  • What are the new opportunities, by which market will grow in coming years?
  • What are the trends of this market?
  • Which are main factors responsible for new product launch?
  • How big is the global & regional market in terms of revenue, sales and production?
  • How far will the market grow in forecast period in terms of revenue, sales and production?
  • Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
  • How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
  • Which region has more opportunities?

By Region Outlook 

  • North America
    (U.S., Canada, Mexico)
  • Europe
    (Germany, France, UK, Italy, Spain, Rest of Europe)
  • Asia-Pacific
    (Japan, China, India, Rest of Asia-Pacific)
  • LAMEA
    (Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

Contact Details:

David Correa
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022
help@alliedmarketresearch.com

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Editor Details

  • Company:
    • The Wire Times
Last Updated: 18-Oct-2023