NAICS Code 621999-50 - Sperm Banks

Marketing Level - NAICS 8-Digit

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NAICS CODE 621999-50
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NAICS Code 621999-50 Description (8-Digit)

Sperm banks are facilities that collect, freeze, and store human sperm for use in artificial insemination or other assisted reproductive technologies. These banks provide a safe and confidential environment for men to donate their sperm, which is then screened for genetic and infectious diseases before being stored in liquid nitrogen tanks at extremely low temperatures. Sperm banks also offer services to individuals and couples who are seeking donor sperm for fertility treatments, including intrauterine insemination (IUI) and in vitro fertilization (IVF). In addition, some sperm banks offer sperm storage for men who are undergoing medical treatments that may affect their fertility, such as chemotherapy or radiation therapy.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 621999 page

Tools

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

Industry Examples of Sperm Banks

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

History

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.