Tools commonly used in the Sperm Banks industry for day-to-day tasks and operations.

• Cryovials
• Liquid nitrogen tanks
• Centrifuges
• Microscopes
• Sperm washing kits
• Andrology workstations
• Sperm quality analyzers
• Semen analysis software
• Sperm cryoprotectants
• Sperm thawing kits

Common products and services typical of NAICS Code 621999-50, illustrating the main business activities and contributions to the market.

• Donor sperm
• Sperm donation
• Sperm storage
• Artificial insemination
• Intrauterine insemination (IUI)
• In vitro fertilization (IVF)
• Fertility treatments
• Reproductive technologies
• Assisted reproduction
• Cryopreservation

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• Clinical Laboratory Improvement Amendments (CLIA): CLIA certification is required for all laboratories that test human specimens for health assessment or to diagnose, prevent, or treat disease. The certification is provided by the Centers for Medicare & Medicaid Services (CMS).
• American Association Of Tissue Banks (AATB) Accreditation: AATB accreditation is required for tissue banks that recover, process, store, and distribute human tissues. The accreditation is provided by the American Association of Tissue Banks.
• Food and Drug Administration (FDA) Registration: Sperm banks must register with the FDA as a tissue establishment. The registration is required to ensure that the sperm bank is following the FDA's regulations for tissue establishments.
• Clinical Research Coordinator (CRC) Certification: CRC certification is not required but is recommended for individuals who coordinate clinical research studies. The certification is provided by the Association of Clinical Research Professionals.
• Reproductive Endocrinology and Infertility (REI) Certification: REI certification is not required but is recommended for physicians who specialize in reproductive endocrinology and infertility. The certification is provided by the American Board of Obstetrics and Gynecology.

A concise historical narrative of NAICS Code 621999-50 covering global milestones and recent developments within the United States.

• Sperm banks have been around since the early 20th century, with the first one established in 1920 in Iowa City, Iowa. The industry grew slowly until the 1950s when the development of cryopreservation techniques allowed for the long-term storage of sperm. This led to a significant increase in the number of sperm banks worldwide. In the United States, the industry experienced a boom in the 1970s and 1980s, with the advent of artificial insemination and in vitro fertilization. The industry has continued to evolve, with the introduction of new technologies such as intracytoplasmic sperm injection (ICSI) and pre-implantation genetic diagnosis (PGD). Recent history in the United States has been marked by a shift towards more stringent regulations and increased competition. In 2005, the American Society for Reproductive Medicine (ASRM) issued guidelines limiting the number of offspring that could be produced from a single donor. This was followed by the FDA's decision to regulate sperm banks as tissue banks in 2010. The industry has also faced increased competition from online sperm banks, which offer lower prices and greater convenience. Despite these challenges, the industry has continued to grow, driven by increasing demand for fertility treatments and advances in reproductive technology.

The anticipated future trajectory of the NAICS 621999-50 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Growing

  The future outlook for the Sperm Banks industry in the USA is positive. The industry is expected to grow due to the increasing acceptance of alternative family-building methods, such as same-sex couples and single parents. Additionally, advancements in technology and genetic testing have made it easier for individuals to select donors based on specific traits. However, the industry may face challenges due to the increasing popularity of at-home insemination kits and the potential for increased regulation. Overall, the industry is expected to continue growing in the coming years.

Recent groundbreaking advancements and milestones in the Sperm Banks industry, reflecting notable innovations that have reshaped its landscape.

• Cryopreservation: Sperm banks have started using cryopreservation to freeze and store sperm for longer periods, increasing the chances of successful insemination.
• Donor Screening: Sperm banks have implemented more rigorous donor screening processes to ensure the safety and health of recipients and their offspring.
• Online Ordering: Many sperm banks now offer online ordering and delivery services, making it easier for individuals to access donor sperm.
• Genetic Testing: Sperm banks have started offering genetic testing for donors, allowing recipients to select donors based on specific traits and reducing the risk of genetic disorders.
• Donor Anonymity: Some sperm banks have started offering non-anonymous donor options, allowing children to connect with their biological fathers later in life.