Latin America Sperm Bank Market Size & Outlook, 2023-2030

The sperm bank market in Latin America is expected to reach a projected revenue of US$ 425.4 million by 2030. A compound annual growth rate of 2.8% is expected of Latin America sperm bank market from 2024 to 2030.
Revenue, 2023 (US$M)
$351.6
Forecast, 2030 (US$M)
$425.4
CAGR, 2024 - 2030
2.8%
Report Coverage
Latin America

Latin America sperm bank market highlights

  • The Latin America sperm bank market generated a revenue of USD 351.6 million in 2023.
  • The market is expected to grow at a CAGR of 2.8% from 2024 to 2030.
  • In terms of segment, known donor was the largest revenue generating donor type in 2023.
  • Known Donor is the most lucrative donor type 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 2023USD 351.6 million
Market revenue in 2030USD 425.4 million
Growth rate2.8% (CAGR from 2023 to 2030)
Largest segmentKnown donor
Fastest growing segmentKnown Donor
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationKnown Donor, Anonymous Donor
Key market players worldwideCryo-Cell International Inc, European Sperm Bank, ReproTech, New England Cryogenic Center, Fairfax Cryobank, London Sperm Bank, Spermosens, Xytex, Cryobank America, The Sperm Bank of California

Other key industry trends

  • In terms of revenue, Latin America region accounted for 6.8% of the global sperm bank market in 2023.
  • Globally, North America 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 1,634.8 million by 2030.

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Latin America sperm bank market size, by country, 2018-2030 (US$M)

Latin America Sperm Bank Market Outlook Share, 2023 & 2030 (US$M)

Latin America sperm bank market size, by country, 2018-2030 (US$M)

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