Brazil Assisted Reproductive Technology Market Size & Outlook
Brazil assisted reproductive technology market, 2018-2030 (US$M)
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Brazil assisted reproductive technology market highlights
- The Brazil assisted reproductive technology market generated a revenue of USD 203.5 million in 2023 and is expected to reach USD 318.4 million by 2030.
- The Brazil market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, in vitro fertilization (ivf) was the largest revenue generating type in 2023.
- Artificial Insemination is the most lucrative type segment registering the fastest growth during the forecast period.
Assisted reproductive technology market data book summary
| Market revenue in 2023 | USD 203.5 million |
| Market revenue in 2030 | USD 318.4 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | In vitro fertilization (ivf) |
| Fastest growing segment | Artificial Insemination |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | In Vitro Fertilization (IVF), Artificial Insemination |
| Key market players worldwide | Micromem Technologies Inc, CooperSurgical, FUJIFILM Holdings Corp, Vitrolife AB ADR, European Sperm Bank, Merck KGaA, Ferring, Bloom IVF |
Other key industry trends
- In terms of revenue, Brazil accounted for 0.7% of the global assisted reproductive technology market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil assisted reproductive technology market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 318.4 million by 2030.
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Assisted Reproductive Technology Market Scope
Assisted Reproductive Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil assisted reproductive technology market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to assisted reproductive technology market will help companies and investors design strategic landscapes.
In vitro fertilization (ivf) was the largest segment with a revenue share of 76.31% in 2023. Horizon Databook has segmented the Brazil assisted reproductive technology market based on in vitro fertilization (ivf), artificial insemination covering the revenue growth of each sub-segment from 2018 to 2030.
According to the Latin American Assisted Reproduction Network, the most induced ART cycles were reported in Brazil, accounting for 44% of all cycles, followed by Argentina and Mexico with 23% and 13%, respectively.
In addition, in 2020, Brazil's fertility rate was 1.7 per woman. Between 1971 and 2020, Brazil's fertility rate declined slowly, from 4.8 births per woman in 1971 to 1.7 births per woman in 2020. Several industry players are working toward capitalizing on the growing demand for IVF in Brazil to leverage the unique IVF technologies.
For instance, in February 2018, Esco Medical completed the installation of the first MIRI TL at the Fertilidade & Vida Clinic in Brazil. Esco Medical's new MIRI TL has found a home with a team of physicians and provides time-lapse imaging in embryology.
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Our clientele includes a mix of assisted reproductive technology market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil assisted reproductive technology market , including forecasts for subscribers. This country databook contains high-level insights into Brazil assisted reproductive technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil assisted reproductive technology market size, by type, 2018-2030 (US$M)
Brazil Assisted Reproductive Technology Market Outlook Share, 2023 & 2030 (US$M)
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