Mexico Vitrification Market Size & Outlook, 2024-2030
Mexico vitrification market, 2018-2030 (US$M)
Related Markets
Mexico vitrification market highlights
- The Mexico vitrification market generated a revenue of USD 36.9 million in 2023 and is expected to reach USD 85.3 million by 2030.
- The Mexico market is expected to grow at a CAGR of 12.7% from 2024 to 2030.
- In terms of segment, oocytes was the largest revenue generating specimen in 2023.
- Sperm is the most lucrative specimen segment registering the fastest growth during the forecast period.
Vitrification market data book summary
| Market revenue in 2023 | USD 36.9 million |
| Market revenue in 2030 | USD 85.3 million |
| Growth rate | 12.7% (CAGR from 2023 to 2030) |
| Largest segment | Oocytes |
| Fastest growing segment | Sperm |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Oocytes, Embryo, Sperm |
| Key market players worldwide | Vitrolife AB ADR, Genea Biomedx, Immersion Corp, The Cooper Companies Inc, FUJIFILM Holdings Corp, BioTech Medics Inc, Nidacon, Minitube, Kitazato, VitaVitro Biotech |
Other key industry trends
- In terms of revenue, Mexico accounted for 0.4% of the global vitrification market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil vitrification 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 230.6 million by 2030.
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Vitrification Market Scope
Vitrification Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico vitrification 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 vitrification market will help companies and investors design strategic landscapes.
Oocytes was the largest segment with a revenue share of 42.28% in 2024. Horizon Databook has segmented the Mexico vitrification market based on oocytes, embryo, sperm covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico has one of the best healthcare infrastructures in Latin America. The country has emerged as a potential hub for ARTs owing to the presence of skilled professionals, low manufacturing costs, and an advanced legal framework.
Moreover, the high penetration of U.S.-based biotechnology companies in Mexico has supported the country’s biotechnology sectors. In addition, the country’s government has prioritized growth and innovation in the biotechnology space.
Thus, the growing biotechnology sector and quality healthcare infrastructure in the country are anticipated to create a high demand for vitrification technologies in the country and support market growth.
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Target buyers of Mexico vitrification market databook
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Our clientele includes a mix of vitrification market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico vitrification market , including forecasts for subscribers. This country databook contains high-level insights into Mexico vitrification market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico vitrification market size, by specimen, 2018-2030 (US$M)
Mexico Vitrification Market Outlook Share, 2024 & 2030 (US$M)
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