Semen Analysis Market Growth Opportunity and Analysis
According to the American Association for Clinical Chemistry (AACC), tests should be performed at least seven days apart and over a period of two to three months. Sperm count can fluctuate daily. Semen analysis refers to semen laboratory testing to assess male fertility. It can detect male fertility problems and an accurate diagnosis can lead to an opportunity to improve natural fertility or choose the right treatment. Sperm analysis measures three key aspects of sperm health – sperm count, sperm size and sperm motility.
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In 2020, the global economic recession led by the COVID-19 pandemic negatively impacted the global semen analysis industry. However, the market will witness a recovery in 2021 and is expected to witness steady growth for semen analysis in the coming future.
One of the major factors contributing to the growth of the semen analysis market size is the increase in the incidence of male infertility among the population globally. Additionally, innovations and advancements in male fertility testing and increasing awareness of male fertility testing are some of the trends in the semen analysis market that will propel the growth of the semen analysis market over the next forecast period.
The semen analysis market is segmented on the basis of product, age group, end user, and region. By product, the market is segmented into semen analyzers, centrifuges for sample preparation, semen testing kits, disposables and consumables, and software. The semen analyzer segment is further sub-segmented into manual semen analyzer and automatic semen analyzer.
Key Findings Of The Study
• On the basis of product, the disposables & consumables segment dominated the market in 2021, and is expected to continue this trend during the forecast period.
• On the basis of age group, the 41 and greater than 41 years segment dominated the market in 2021, and is expected to continue this trend during the forecast period.
• On the basis of end user, fertility clinics segment is projected to grow at a CAGR of 4.7% during the forecast period.
• On the basis of region, Asia-Pacific is expected to experience growth at the highest rate, registering a CAGR of 4.6% during the forecast period.
