Report Ocean recently published a new research report on the Semen Analysis Market. In addition to prospective prospects, this study offers a historical analysis of growth, cost structure, revenue, market trends, and capacity (2023-2030). The following section offers comprehensive coverage of the Semen Analysis Market across a number of market categories, in-depth research at the country level, and an assessment of the market’s key drivers, restraints, trends, and opportunities.
Global Semen Analysis Market is valued at approximately USD 0.95 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.5% over the forecast period 2022-2029.
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Semen Analysis also called a sperm count test is utilized to analyze the health and count of men’s sperm. Moreover, healthcare providers use research-based methods for the testing of semen. A semen analysis includes testing of different physical characteristics of semen which include color, odor, pH, viscosity and liquefaction, volume, concentration, morphology and motility and progression of sperm. The rising incidences of male infertility and growing adoption of fertility testing as well as strategic initiatives from leading market players are key factors accelerating the market growth.
The increasing incidences of male infertility due to lifestyle changes are contributing to the growth of the Global Semen Analysis market. For instance, according to World Health Organization (WHO) estimates- as of 2020, globally around 186 million individuals are affected by infertility. Moreover, as per the National Center for Biotechnology Information (NCBI) estimates- globally male infertility accounts for around 20-30% of infertility cases and contributes to 50% of cases overall. In addition, prevalence of male infertility in North America, Australia, and Central and Eastern Europe varied from 4 5-6%, 9%, and 8-12%, respectively. Also, growing online distribution platforms and increasing number of infertility centers would create a lucrative growth prospectus for the market over the forecast period. However, lack of awareness towards semen testing and analysis in developing economies stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Semen Analysis Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to presence of leading market players and increasing number of fertility testing facilities in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising incidences of male infertility, increasing awareness towards infertility analysis and growing healthcare infrastructure in the region.
Major market players included in this report are:
- Bio line Technologies
- Cooper Companies Inc (Cooper Surgical)
- DNA Diagnostics Center, Inc.
- FlowLabs
- Hamilton Thorne Inc.
- Lab IVF Asia Pte Ltd
- Leja Products B.V
- Medical electronics systems
- Microptic SL
- Synergy medical systems
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Recent Developments in the Market:
In June 2021, Janani, an end-to-end reproductive health and sexual wellness solutions platform, rolled out its new DIY semen testing kits. Moreover, initially, this service would be available in Bangaluru only and would be extended to Mumbai in July 2021.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
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
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By End-User
Fertility Centers
Hospitals
Diagnostic Laboratories
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
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This report answers the following key questions:
- How big is the market as a whole in 2021? What rate of market expansion is anticipated between 2022 to 2030?
- Which region would experience a high demand for goods in the years to come?
- What are the variables promoting the market’s expansion?
- Which sub-market will have the most impact on the market?
- What market opportunities exist for established and new players?
- What different short-term and long-term tactics have the market players adopted?
With regard to the COVID-19 Outbreak Impact Analysis:
- In light of COVID-19, the report examined market trends.
- On the basis of the upstream and downstream markets, the study examined COVID-19’s effects on the manufacturing industry’s supply chain.
- We examine how COVID-19 has affected diverse regions and significant nations.
- It is noted how COVID-19 will affect the industry’s future growth.
Examined in the study are:
- Market behavior, risk, and opportunity levels
- An assessment of end-industry behavior and opportunity
- An anticipated timeline for industry recovery.
What is the key information extracted from the report?
- Extensive information on factors estimated to affect the Market growth and market share during the forecast period is presented in the report.
- The report offers the present scenario and future growth prospects Market in various geographical regions.
- The competitive landscape analysis on the market as well as the qualitative and quantitative information is delivered.
- The SWOT analysis is conducted along with Porter’s Five Force analysis.
- The in-depth analysis provides an insight into the Market, underlining the growth rate and opportunities offered in the business.
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