Mexico Assisted Reproductive Technology Market Size & Outlook
Mexico assisted reproductive technology market, 2018-2030 (US$M)
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Mexico assisted reproductive technology market highlights
- The Mexico assisted reproductive technology market generated a revenue of USD 79.4 million in 2023 and is expected to reach USD 123.2 million by 2030.
- The Mexico market is expected to grow at a CAGR of 6.5% 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 79.4 million |
| Market revenue in 2030 | USD 123.2 million |
| Growth rate | 6.5% (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, Mexico accounted for 0.3% 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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Mexico 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 74.31% in 2023. Horizon Databook has segmented the Mexico assisted reproductive technology market based on in vitro fertilization (ivf), artificial insemination covering the revenue growth of each sub-segment from 2018 to 2030.
Fertility tourism is one of the major factors contributing toward the rising market share of the country. This can be attributed to the support offered to single parents as well as lesbian, gay, bisexual, and transgender individuals opting for ART, without the requirement of a separate visa for the same.
Intended parents’ names are listed on the birth certificate and gender selection is allowed. A variety of ART procedures such as intracytoplasmic sperm injection, natural cycle IVF, mini-IVF, tandem IVF cycle, intrauterine insemination.
in vitro maturation, intracytoplasmic morphologically selected sperm injection, assisted hatching, and endometrial couture are available in Mexico. Natural cycle IVF uses intracytoplasmic sperm injection without any stimulating drugs. Mini-IVF has high retrieval rate of quality eggs, and the chances of success through this technique are better.
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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 Mexico assisted reproductive technology market , including forecasts for subscribers. This country databook contains high-level insights into Mexico assisted reproductive technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico assisted reproductive technology market size, by type, 2018-2030 (US$M)
Mexico Assisted Reproductive Technology Market Outlook Share, 2023 & 2030 (US$M)
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