SEATTLE, June 03, 2021, (MEDGADGET) — Global Artificial Sperm Market
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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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
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.
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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.
- Artificial Insemination
- Fertility Centres
- North America
- Latin America
- Asia Pacific
- Middle East and Africa
North America is expected to witness substantial growth in the global artificial sperm market due to rising incidence of azoospermic conditions in the region. For instance, according to the American Society of Reproductive Medicine, in 2018, around 10 to 15% of men in the United States were suffering from an azoospermic condition and underwent infertility treatment.
Asia Pacific is also expected to witness robust growth in the global artificial sperm market due to increasing development and research of artificial sperm in the region.
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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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