North America Sperm Separation Devices Market, By Devices (Centrifugation Devices and Centrifugation-Free Devices), Media (Sperm Washing Media, Sperm Processing Media, Sperm Freezing Media and Other Media), Assisted Devices (Imaging Systems, Incubators, Cabinets and Others), Technology (Electrophoresis, Dielectrophoresis and On-Chip), Application (Fertility, Diagnostics, Forensics and Others), End User (Hospitals, Clinics, Cryobanks, Surgical Centers, Research Institutes, Fertility Centers, IVF Laboratories and Others) Distribution Channel (Direct Tender, Third Party Distributors and Others), Industry Trends & Forecast to 2029
Market Analysis and Insights
North America sperm separation devices market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 17.3% in the forecast period of 2022 to 2029 and is expected to reach USD 811.22 Million by 2029 from USD 226.63 Million in 2021. The rise in the number of male population suffering from infertility and high consumption of alcohol are the major drivers which propelled the demand of the market in the forecast period.
However, high costs coupled with the low success rate of IVF treatment may hamper the future growth of the sperm separation devices market. Adoption of strategic alliances such as partnerships and acquisitions by key market players act as opportunity for the growth of sperm separation devices market.
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019-2014)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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By Devices (Centrifugation Devices and Centrifugation-Free Devices), Media (Sperm Washing Media, Sperm Processing Media, Sperm Freezing Media and Other Media), Assisted Devices (Imaging Systems, Incubators, Cabinets and Others), Technology (Electrophoresis, Dielectrophoresis and On-Chip), Application (Fertility, Diagnostics, Forensics and Others), End User (Hospitals, Clinics, Cryobanks, Surgical Centers, Research Institutes, Fertility Centers, IVF Laboratories and Others) Distribution Channel (Direct Tender, Third Party Distributors and Others)
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Countries Covered
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U.S., Canada and Mexico
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Market Players Covered
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Bonraybio Co., Ltd., DxNow, Hamilton Thorne, Ltd., Promega Corporation, Nidacon International AB, Memphasys, Menicon Co., Ltd., The Cooper Companies Inc., SAR Healthline Pvt Ltd., among others
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Market Definition:
Sperm separation devices are used for a variety of methods, including centrifugation and swim-up. Although the major goal of this technology is IVF insemination, there has been an increase in the number of application areas for it, as well as advancements in the use of sperm separation devices.
The demand for sperm separation devices market has increased in both developed well as in developing countries, and the reason behind this is the increasing market strategic initiatives. The sperm separation devices market is growing due to the introduction of innovative products, an increase in technological products, and rising disposable income. The market will grow in the forecast period due to the exploration of emerging markets, strategic initiatives by market players, and increasing healthcare expenditure.
A sperm-sorting technology (the micro sort method) is the most effective procedure yet devised to separate X-bearing and Y-bearing sperm. It takes advantage of the fact that the large X chromosome has considerably more DNA than the tiny Y chromosome. A sperm sample is first collected from the prospective father.
North America Sperm Separation Devices Market Dynamics
Drivers
- Increase in incidence of infertility in men and women
Infertility affects millions of people of reproductive age worldwide and has an impact on their families and communities. For this increasing issue, patients have to go through various fertility care encompasses for the prevention, diagnosis, and treatment of infertility.
- Increase in healthcare expenditure
Over the last decade, healthcare expenditure has risen up dramatically for better patient healthcare service. The U.S. is the largest health care market where health expenditure total increased in the last few years. The fundamental purpose behind growing expenditure is to provide appropriate, affordable, and high-quality medical devices.
To promote a healthier population and to address the healthcare emergencies in developed as well as developing countries, respective government bodies, as well as healthcare organizations, are taking the initiative by virtue of accelerating healthcare expenditure.
Restraint
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Strict regulatory
The concerns regarding the efficacy and safety of products used in in-vitro fertilization and others have caused most governments to develop regulatory agencies and policies to look after the development of new devices. Sperm separation devices can be used after passing through stringent regulatory standards, ensuring the devices are safe, well studied, and have no adverse reactions.
The recent guidelines and the amendment have adequate guidance for manufacturers. International regulations such as the US FDA play a major role in the new launch of sperm separation devices into the market. Thus, it can be a major restraint for the market.
Opportunity
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A rise in the number of research and development activities
R&D activities are essential for continual growth for the market to launch new and effective devices and products. Also allows businesses to gain and maintain a competitive edge in the competitive market.
In recent years, the increase in funding and R&D activities have increased the launch and demand for effective sperm separation devices which provide treatment options for infertility.
Challenge
- Complications and side effects associated with procedures and devices
Fertility treatments which different devices are generally very safe, but all medical procedures carry some risk of potential side effects. The side effects of IVF may include reactions to the hormonal fertility medications taken during the preparation for egg retrieval.
These complications and risk factors are affecting the patient's perception of opting for the treatment, which may challenge the market growth.
Post-COVID-19 Impact on North America Sperm Separation Devices Market
COVID-19 has resulted in a substantial upsurge in demand for medical supplies from both healthcare professionals and the general public for precautionary measures. Manufacturers of these items have an opportunity to take advantage of the increased demand for medical supplies by ensuring a steady supply of personal protective equipment on the market. COVID-19 is anticipated to have a big impact on the sperm separation devices market
North America Sperm Separation Devices Market Scope and Market Size
North America sperm separation devices market is segmented on the basis of devices, media, assisted devices, technology, application, end user and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Devices
- Centrifugation Devices
- Centrifugation- Free Devices
On the basis of devices, the North America sperm separation devices market is segmented into centrifugation devices and centrifugation- free devices.
Media
- Media
- Sperm Freezing Media
- Sperm Processing Media
- Sperm Washing Media
- Other Media
On the basis of media, the North America sperm separation devices market is segmented into sperm freezing media, sperm processing media, sperm washing media and other media.
Assisted Devices
- Imaging Systems
- Incubators
- Cabinets
- Others
On the basis of assisted devices, the North America sperm separation devices market is segmented into imaging systems, incubators, cabinets and others.
Technology
- Electrophoresis
- Dielectrophoresis
- On-Chip
On the basis of technology, the North America sperm separation devices market is segmented into electrophoresis, dielectrophoresis and on-chip.
Application
- Fertility
- Forensics
- Diagnostics
- Others
On the basis of application, the North America sperm separation devices market is segmented into fertility, forensics, diagnostics and others.
End User
- IVF Laboratories
- Hospitals
- Fertility Centers
- Clinics
- Research Institutes
- Cryobanks
- Surgical Centers
- Others
On the basis of end user, the North America sperm separation devices market is segmented into IVF laboratories, hospitals, fertility centers, clinics, research institutes, cryobanks, surgical centers and others.
Distribution Channel
- Direct Tender
- Third Party Distributors
- Others
On the basis of distribution channel, the North America sperm separation devices market is segmented into direct tender, third party distributors and others.
North America Sperm Separation Devices Market Country Level Analysis
The sperm separation devices market is analyzed, and market size information is provided by devices, media, assisted devices, technology, application, end user, and distribution channel.
The countries covered in the North America sperm separation devices market report are U.S., Canada and Mexico.
The U.S. is expected to dominate the North America sperm separation devices market due to the rise in technological advancement.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts, and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of North America brands and their challenges faced due to large or scarce competition from local and domestic brands and the impact of sales channels are considered while providing forecast analysis of the country data.
The North America sperm separation devices market also provides you with a detailed market analysis of every country's growth in the sperm separation devices industry. Moreover, it provides detailed information regarding sperm separation devices, the impact of regulatory scenarios, and trending parameters regarding the sperm separation devices market. The data is available for the historic period 2012 to 2020
Competitive Landscape and North America Sperm Separation Devices Market Share Analysis
The North America sperm separation devices market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company's focus related to the sperm separation devices market.
Some of the major companies which are dealing in the North America sperm separation devices market are Bonraybio Co., Ltd., DxNow, Hamilton Thorne, Ltd., Promega Corporation, Nidacon International AB, Memphasys, Menicon Co., Ltd., The Cooper Companies Inc., SAR Healthline Pvt Ltd., among others.
Strategic alliances such as mergers, acquisitions, and agreements by the key market players are further expected to accelerate the growth of the North America sperm separation devices market.
For instance,
- In February 2019, Nidacon International AB announced that they had developed a method that could be helpful in solving the problem in the lab, which helped in obtaining a good yield of motile sperm from highly viscous semen samples
Collaboration, product launch, business expansion, award and recognition, joint ventures, and other strategies by the market player are enhancing the company's footprints in the sperm separation devices market which also provides the benefit for the organization's profit growth.
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