Latin America In Vitro Fertilization Market Size & Outlook
Latin America in vitro fertilization market, 2018-2030 (US$M)
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Latin America in vitro fertilization market highlights
- The Latin America in vitro fertilization market generated a revenue of USD 385.7 million in 2023.
- The market is expected to grow at a CAGR of 5.5% from 2024 to 2030.
- In terms of segment, frozen nondonor was the largest revenue generating procedure type in 2023.
- Frozen Nondonor is the most lucrative procedure type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 385.7 million |
| Market revenue in 2030 | USD 561.3 million |
| Growth rate | 5.5% (CAGR from 2023 to 2030) |
| Largest segment | Frozen nondonor |
| Fastest growing segment | Frozen Nondonor |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fresh Nondonor, Frozen Nondonor, Fresh Donor, Frozen Donor |
| Key market players worldwide | Bayer AG, Cook Medical, Merck KGaA, Ferring, FUJIFILM Holdings Corp, Genea Biomedx, Merck & Co Inc, The Cooper Companies Inc, Thermo Fisher Scientific Inc, Vitrolife AB ADR, Boston Scientific Corp, Nova IVF, Fortis Healthcare, RMA Network, TFP Fertility Group, US Fertility |
Other key industry trends
- In terms of revenue, Latin America region accounted for 1.5% of the global in vitro fertilization market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 14,294.9 million by 2030.
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In Vitro Fertilization Market Scope
In Vitro Fertilization Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America in vitro fertilization 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 in vitro fertilization market will help companies and investors design strategic landscapes.
Frozen nondonor was the largest segment with a revenue share of 48.28% in 2023. Horizon Databook has segmented the Latin America in vitro fertilization market based on fresh nondonor, frozen nondonor, fresh donor, frozen donor covering the revenue growth of each sub-segment from 2018 to 2030.
The demand for this treatment is likely to increase in Latin America because of the lift of the ban on IVF, the availability of various cost-effective techniques, and increase in affiliation of clinics with several regulatory bodies, such as the Brazilian Federal Medicine Council (CFM), Brazilian Health Regulatory Agency (ANVISA), and National Surveillance Agency.
In February 2016, the Inter-American Commission on Human Rights lifted the ban on IVF to control the drastic increase in multiple births. This decision is expected to bring international as well as national business.
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Our clientele includes a mix of in vitro fertilization market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America in vitro fertilization market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America in vitro fertilization market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America in vitro fertilization market size, by country, 2018-2030 (US$M)
Latin America In Vitro Fertilization Market Outlook Share, 2023 & 2030 (US$M)
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