Sperm Analytical Devices Market Research Report covers the present scenario and the growth prospects of the Sperm Analytical Devices Industry for 2017-2021. Sperm Analytical Devices Market, has been prepared based on an in-depth market analysis with inputs from industry experts.
The report covers the market landscape and its growth prospects over the coming years and discussion of the key vendors effective in this market. To calculate the market size, the report considers the revenue generated from the sales of Sperm Analytical Devices globally.
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The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
Following Companies Are Key Players of the Sperm Analytical Devices Market:
- Medical Electronic Systems
Other Prominent Vendors of Sperm Analytical Devices Market Are:
- Hamilton Thorne
- Selinion Medical
One trend in the market is the increasing number of single-parent families. In the last few years, the number of single women using fertility clinics had doubled since the start of the decade. The large majority of single parents are either divorced, separated, widowed or unmarried. This trend of single-parent families is gaining traction due to social acceptance. One major reason is that there has been a notable increase in divorces in developed countries, such as the US, resulting in an increased number of single-parent families. With the growing idea of a single parent, fertility clinics have started to help many single individuals, both women and men, to achieve parenthood. For example, a single woman seeking for parental options will get services such as sperm donation (with or without fertility medications), IVF with donor sperm, and IVF with donor sperm and donor eggs. All these services revolve around the use of sperm that are donated by healthy sperm donors who are scrutinized through several sperm analysis tests before donation of sperm. This is likely to create an increase in demand for sperm analytical devices.
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According to the report, one driver in the market is the Increase in rate of infertility and obesity-related cases. Globally, there has been a notable increase in the rate of infertility due to several reasons, including changing lifestyle that plays a considerable role in determining the body’s physiology. Consumption of alcohol and drugs has an adverse effect on health and leads to infertility. Likewise, the modern work culture involves minimal physical activity and more desk work and mental stress. There is a rise in trend of men not taking time off work to have a child due to the enormous expense of raising a child. An increasing number of couples are choosing to wait longer to have children, which is likely to cause lesser chances of conceiving because of reduced fertility rates, thereby necessitating regular sperm tests to investigate the quality and quantity of sperm.
Report also presents Geographical Segmentation analysis of Sperm Analytical Devices Market of Americas, APAC, EMEA region.
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Further, the report states that one challenge in the market is the lack of strict regulatory oversight and limited reimbursements
Sperm analysis has become an essential tool for the evaluation of an infertile couple. Sperm analysis and infertility treatment are considered lifestyle procedures rather than serious medicine. Health insurance policies commonly, but not always, pay for services related to testing for infertility. For instance, in the US, which does not have any infertility coverage mandate, most insurance policies do not help with infertility (including for sperm testing) service payment. There is no federal law regulating reimbursement of medical bills in the US. Reimbursement policies either do not cover infertility services and or only cover them partially, limiting the use of these services. The Affordable Care Act does not provide coverage for infertility treatments. Sometimes the cost of sperm testing services, such as IVF, are expensive, which discourages people to avail these services with limited insurance coverage. Since the cost of these services is high, individuals often have to rely on insurance and reimbursements, which are generally not covered by most countries. Individuals are sometimes required to go through multiple rounds of sperm testing to test the quality of sperm over a period, thus making it a high-cost procedure. The lack of these financial facilities can turn away potential candidates from opting for these services and hamper the market growth.
Key questions answered in Sperm Analytical Devices market report:
- What will the Sperm Analytical Devices market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving Sperm Analytical Devices market?
- What are the challenges to Sperm Analytical Devices market growth?
- Who are the key vendors in Sperm Analytical Devices market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
No of Pages: 78
Price of Report: $ 3500 (Single User License)
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