Latin America In Vitro Fertilization Microscopes Market Size & Outlook
Latin America in vitro fertilization microscopes market, 2018-2030 (US$M)
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Latin America in vitro fertilization microscopes market highlights
- The Latin America in vitro fertilization microscopes market generated a revenue of USD 5.0 million in 2023.
- The market is expected to grow at a CAGR of 8.7% from 2024 to 2030.
- In terms of segment, outpatient facilities was the largest revenue generating end use in 2023.
- Outpatient Facilities is the most lucrative end use segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 5.0 million |
| Market revenue in 2030 | USD 9.1 million |
| Growth rate | 8.7% (CAGR from 2023 to 2030) |
| Largest segment | Outpatient facilities |
| Fastest growing segment | Outpatient Facilities |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hospitals, Outpatient Facilities, Research And Manufacturing |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.6% of the global in vitro fertilization microscopes market in 2023.
- Globally, Europe 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 62.1 million by 2030.
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In Vitro Fertilization Microscopes Market Scope
In Vitro Fertilization Microscopes Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America in vitro fertilization microscopes 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 microscopes market will help companies and investors design strategic landscapes.
Outpatient facilities was the largest segment with a revenue share of 84% in 2023. Horizon Databook has segmented the Latin America in vitro fertilization microscopes market based on hospitals, outpatient facilities, research and manufacturing covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America is popular for fertility tourism due to the low cost of IVF and related services, such as gender selection to avoid genetic diseases. Favorable laws provide IVF access to single mothers and the LGBTQ+ community in addition to heterosexual infertile couples.
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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Target buyers of Latin America in vitro fertilization microscopes market databook
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Our clientele includes a mix of in vitro fertilization microscopes 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 microscopes market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America in vitro fertilization microscopes market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America in vitro fertilization microscopes market size, by country, 2018-2030 (US$M)
Latin America In Vitro Fertilization Microscopes Market Outlook Share, 2023 & 2030 (US$M)
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