Mexico In Vitro Fertilization Market Size & Outlook
Mexico in vitro fertilization market, 2018-2030 (US$M)
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Mexico in vitro fertilization market highlights
- The Mexico in vitro fertilization market generated a revenue of USD 59.0 million in 2023 and is expected to reach USD 84.7 million by 2030.
- The Mexico market is expected to grow at a CAGR of 5.3% from 2024 to 2030.
- In terms of segment, frozen nondonor was the largest revenue generating procedure type in 2023.
- Fresh Donor is the most lucrative procedure type segment registering the fastest growth during the forecast period.
In vitro fertilization market data book summary
| Market revenue in 2023 | USD 59.0 million |
| Market revenue in 2030 | USD 84.7 million |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Frozen nondonor |
| Fastest growing segment | Fresh Donor |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Mexico accounted for 0.2% of the global in vitro fertilization market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil in vitro fertilization 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 226.3 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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Mexico 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 48.31% in 2023. Horizon Databook has segmented the Mexico 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.
Fertility tourism is one of the major factors contributing to 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.
Names of intended parents are listed on the birth certificate, and gender selection is allowed. A variety of IVF procedures like Intracytoplasmic sperm injection (ICSI), natural cycle IVF, mini-IVF, tandem IVF cycle, intrauterine insemination (IUI).
In Vitro Maturation (IVM), Intracytoplasmic morphologically selected sperm injection (IMSI), assisted hatching, and endometrial coculture are available in Mexico. Natural cycle IVF uses ICSI without any stimulating drugs.
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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 country-level data and insights on the Mexico in vitro fertilization market , including forecasts for subscribers. This country databook contains high-level insights into Mexico in vitro fertilization market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico in vitro fertilization market size, by procedure type, 2018-2030 (US$M)
Mexico In Vitro Fertilization Market Outlook Share, 2023 & 2030 (US$M)
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