Asia-Pacific is predicted to dominate the growth of the semen analysis market due to surge in infertility cases and rise in awareness regarding semen analysis
PORTLAND, OREGON, UNITED STATES, February 1, 2024 /EINPresswire.com/ -- Allied Market Research has published a study report with the title โSemen 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.โ 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.
๐๐ก๐๐ญ ๐๐ซ๐ ๐ญ๐ก๐ ๐๐ซ๐ข๐ฏ๐ข๐ง๐ ๐ ๐๐๐ญ๐จ๐ซ๐ฌ ๐๐ ๐๐๐ฆ๐๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ?
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.
๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐ซ๐๐ฉ๐ก๐ฌ ๐๐ง๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ ๐๐๐ซ๐: https://www.alliedmarketresearch.com/request-sample/A15442
Covid-19 scenario โ
โข 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.
โข 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.
๐๐จ๐ฉ ๐๐๐ฆ๐๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ
โข Cooper Companies Inc (Cooper Surgical)
โข DNA Diagnostics Center, Inc.
โข Androfert
โข FlowLabs
โข Hamilton Thorne Inc.
โข Leja Products B.V
โข Medical Electronics Systems
โข Michigan center for fertility & womenโs health
โข Bioline Technologies
โข Lab IVF
โข Microptic SL
โข MotilityCount ApS
โข NW Cryobank
โข Sperm processor
โข Midland Fertility
โข Synergy medical systems
โข Arquimea (Arquimea Agrotech)
๐๐๐ฆ๐๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐๐ง ๐๐ ๐๐จ๐ง๐ ๐๐๐ฌ๐๐ ๐จ๐ง ๐ฌ๐๐ฏ๐๐ซ๐๐ฅ ๐๐๐๐ญ๐จ๐ซ๐ฌ, ๐ข๐ง๐๐ฅ๐ฎ๐๐ข๐ง๐ :
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.
๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/purchase-enquiry/15811
Our Market Research Solution Provides You Answer to Below Mentioned Question:
โข Which are the driving factors responsible for the growth of market?
โข Which are the roadblock factors of this market?
โข What are the new opportunities, by which market will grow in coming years?
โข What are the trends of this market?
โข Which are main factors responsible for new product launch?
โข How big is the global & regional market in terms of revenue, sales and production?
โข How far will the market grow in forecast period in terms of revenue, sales and production?
โข Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
โข How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
โข Which region has more opportunities?
By Region Outlook
โข North America
(U.S., Canada, Mexico)
โข Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
โข Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
โข LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)
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