Latin America Donor Egg IVF Services Market Size and Forecast (2021 - 2031), Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Frozen Donor Egg and Fresh Donor Egg), End User (Fertility Clinics and IVF Centers, Hospitals, and Others), and Country

BMIRE00030971 | Pages: 72 | Pharmaceuticals | Nov 2024 | Status: Published

The Latin America donor egg IVF services market size is expected to grow from US$ 132.62 million in 2023 and is projected to reach US$ 291.10  million by 2031; it is expected to register a CAGR of 10.3% during 2023-2031.

Latin America has become a popular fertility treatment destination for international patients seeking affordable and high-quality IVF treatments. The relatively lower cost of fertility procedures in Latin America compared to North America and Europe makes the services more accessible, attracting both local and international patients seeking these treatment options. The fusion of technological excellence, cost-effectiveness, and compassionate care makes Latin America an ideal destination for fertility treatments. Countries such as Mexico attract patients from the US and other countries due to lower costs and successful treatment outcomes, which drive demand for donor egg services.

In the US, fertility treatments are most often not covered by insurance, making them price-intensive and inaccessible, with a fresh IVF cycle costing up to ~US$ 20,000 on average, according to the Out-of-Pocket Fertility Patient Expense: Data from a Multicenter Prospective Infertility Cohort. In order to access care, traveling to treatment destinations in Latin America is a more budget-friendly and convenient alternative to typical treatment costs, where clinics can offer IVF cycles at a quarter of the price with greater quality of care and better patient experience. IVF treatments in Latin America can be as much as 70% cheaper than in the US or Europe without compromising the quality of care.

Moreover, Mexico has established itself as a leading destination for medical tourism due to the relatively low treatment costs. Infertility Aide, an agency that links doctors with infertility patients globally, reports that the total average cost of IVF in Mexico, covering medications, monitoring, and fees for doctors and hospitals, is around US$ 8,000. Within Mexico's medical tourism sector, assisted reproduction is the 3rd top reason for medical travel. The country has favorable regulatory environments for the wide range of assisted reproductive technology treatments. There is no law in LATAM that restricts or prohibits IVF treatments, egg donation, gender selection, genetic screening, or sperm donation.

Brazil also has been a major center for medical tourism and is expanding the availability of medication, including fertility treatment. The country has a total of 150 facilities offering treatments for infertility. The costs associated with these treatments are highly affordable compared to those of the US and Western Europe. Therefore, affordability, quality care, influx of international patients seeking fertility treatments (including donor egg IVF), and the rising growth of fertility tourism are fueling the expansion of the donor egg IVF treatment services market in Latin America.

Type-Based Insights

The Latin America donor egg IVF services market, by type, is bifurcated into frozen donor egg and fresh donor egg. The frozen donor egg segment held a larger share in the Latin America donor egg IVF services market share in 2023.

End User-Based Insights

The Latin America donor egg IVF services market, by end user, is segmented into fertility clinics and IVF centers, hospitals, and others. The fertility clinics and IVF centers segment held the largest Latin America donor egg IVF services market share in 2023.

The Latin America donor egg IVF services market is driven by several key factors, such as increasing infertility rates among couples coupled with a growing acceptance of assisted reproductive technologies, which has led to heightened demand for these services. Additionally, the cost of IVF treatments in Latin America is generally lower than in developed countries, making it an ideal option for both local and international patients. The rise of fertility tourism further creates a robust environment for the expansion of donor egg IVF services, enhancing market growth as individuals from nations with restrictive reproductive laws seek affordable and accessible fertility solutions. Brazil held the largest share of the market in 2023. The declining birth rate is influencing the growth of infertility treatment across the country. For instance, according to the Brazil Birth Rate 1950–2024 published by Macrotrends, the nation’s birth rate in 2024 is 12.580 births per 1,000 people, a 1.76% decline from 2023, which was 12.806 births per 1,000 people. As more couples face challenges in conceiving, the demand for donor egg IVF services has surged. As per an article titled “Restricted access to assisted reproductive technology and fertility preservation,” published in September 2021, the number of IVF cycles conducted in the country improved between 2012 and 2019, the number of registered clinics in Brazil increased by 63%, and the number of frozen embryos increased threefold. The number of IVF clinics registered in the nation rose from 120 to 183 (Source: ANVISA, 2020). Additionally, fertilization rates in Brazil indicate that the country's assisted reproduction services are effective, achieving international standards. The country’s average fertilization success rate was 76%, which is within the quality standards recommended in the international literature, ranging from 65% to 75%, as per the data from the 12th report of the National System of Embryo Production (Source: SisEmbrio, 2019).

In addition, Brazil has a supportive legal framework for assisted reproductive technologies. The Brazilian regulations support anonymous egg donation, providing patients with a broad pool of potential donors while maintaining donor confidentiality. While paying donors is prohibited, many clinics in the country provide compensation for expenses, which encourages more women to participate as donors.

Moreover, in September 2023, the first AI-powered IVF operating system was introduced in Brazil at Perfetto, a multidisciplinary fertility clinic in Goiânia, by the reproductive technology business AIVF. A proprietary AI-powered operating system called EMA by AIVF was developed to assist IVF facilities in strengthening patient-clinician communications, optimizing workflows, and making better clinical decisions. The expansion of AIVF greatly meets Brazil's rising need for assisted reproductive technologies.

The National Institutes of Health (NIH), British Columbia Medical Journal,  Wiley, and Fertility and Sterility are among the primary and secondary sources referred to while preparing the Latin America donor egg IVF services market report.

1.        Introduction  10

1.1      The Insight Partners Research Report Guidance. 10

1.2      Market Segmentation. 11

2.        Executive Summary  12

2.1      Key Insights. 12

3.        Research Methodology  13

3.1      Secondary Research. 14

3.2      Primary Research. 14

3.2.1       Hypothesis formulation: 14

3.2.2       Macro-economic factor analysis: 15

3.2.3       Developing base number: 15

3.2.4       Data Triangulation: 15

3.2.5       Country level data: 15

4.        Latin America Donor Egg IVF Services Market Landscape  16

4.1      Overview. 16

4.2      PEST Analysis. 16

5.        Latin America Donor Egg IVF Services Market – Key Market Dynamics 17

5.1      Latin America Donor Egg IVF Services Market – Key Market Dynamics. 17

5.2      Market Drivers. 17

5.2.1       Rising Infertility Rates. 17

5.2.2       Growing Cost-Effectiveness and Fertility Tourism.. 18

5.3      Market Restraints. 19

5.3.1       Complications Associated with IVF Treatment 19

5.4      Market Opportunities. 19

5.4.1       Increasing Supportive Initiatives to Raise Awareness. 19

5.5      Future Trends. 20

5.5.1       Integration of Robotic Technology and Artificial Intelligence. 20

5.6      Impact of Drivers and Restraints: 21

6.        Latin America Donor Egg IVF Services Market Analysis 22

6.1      Latin America Donor Egg IVF Services Market Revenue (US$ Million), 2021–2031. 22

7.        Latin America Donor Egg IVF Services Market Analysis – by Type  23

7.1      Frozen Donor Egg. 24

7.1.1       Overview. 24

7.1.2       Frozen Donor Egg: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031  (US$ Million) 24

7.2      Fresh Donor Egg. 25

7.2.1       Overview. 25

7.2.2       Fresh Donor Egg: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031  (US$ Million) 25

8.        Latin America Donor Egg IVF Services Market Analysis – by End User 26

8.1      Fertility Clinics and IVF Centers. 26

8.1.1       Overview. 26

8.1.2       Fertility Clinics and IVF Centers: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) 27

8.2      Hospitals. 28

8.2.1       Overview. 28

8.2.2       Hospitals: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) 28

8.3      Others. 29

8.3.1       Overview. 29

8.3.2       Others: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) 29

9.        Latin America Donor Egg IVF Services Market – Country Analysis 30

9.1      Latin America. 30

9.1.1       Latin America Donor Egg IVF Services Market Breakdown by Countries. 30

9.1.2       Latin America Donor Egg IVF Services Market Revenue and Forecast and Analysis – by Country. 30

9.1.2.1         Brazil: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) 31

9.1.2.1.1        Brazil: Latin America Donor Egg IVF Services Market Breakdown by Type. 32

9.1.2.1.2        Brazil: Latin America Donor Egg IVF Services Market Breakdown by End User 32

9.1.2.2         Mexico: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) 33

9.1.2.2.1        Mexico: Latin America Donor Egg IVF Services Market Breakdown by Type. 34

9.1.2.2.2        Mexico: Latin America Donor Egg IVF Services Market Breakdown by End User 34

9.1.2.3         Argentina: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) 35

9.1.2.3.1        Argentina: Latin America Donor Egg IVF Services Market Breakdown by Type. 36

9.1.2.3.2        Argentina: Latin America Donor Egg IVF Services Market Breakdown by End User 36

9.1.2.4         Colombia: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) 37

9.1.2.4.1        Colombia: Latin America Donor Egg IVF Services Market Breakdown by Type. 38

9.1.2.4.2        Colombia: Latin America Donor Egg IVF Services Market Breakdown by End User 38

9.1.2.5         Chile: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) 39

9.1.2.5.1        Chile: Latin America Donor Egg IVF Services Market Breakdown by Type. 40

9.1.2.5.2        Chile: Latin America Donor Egg IVF Services Market Breakdown by End User 40

9.1.2.6         Peru: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) 41

9.1.2.6.1        Peru: Latin America Donor Egg IVF Services Market Breakdown by Type. 42

9.1.2.6.2        Peru: Latin America Donor Egg IVF Services Market Breakdown by End User 42

9.1.2.7         Rest of Latin America: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031  (US$ Million) 43

9.1.2.7.1        Rest of Latin America: Latin America Donor Egg IVF Services Market Breakdown by Type. 44

9.1.2.7.2        Rest of Latin America: Latin America Donor Egg IVF Services Market Breakdown by End User 44

10.      Industry Landscape  45

10.1    Overview. 45

10.2    Growth Strategies in Latin America Donor Egg IVF Services Market 45

10.2.1     Overview. 45

11.      Company Profiles 46

11.1    Fertility Argentina. 46

11.1.1     Key Facts. 46

11.1.2     Business Description. 46

11.1.3     Products and Services. 46

11.1.4     Financial Overview. 46

11.1.5     SWOT Analysis. 47

11.1.6     Key Developments. 47

11.2    Barbados Fertility Center 48

11.2.1     Key Facts. 48

11.2.2     Business Description. 48

11.2.3     Products and Services. 48

11.2.4     Financial Overview. 48

11.2.5     SWOT Analysis. 49

11.2.6     Key Developments. 49

11.3    Fairfax EggBank Inc. 50

11.3.1     Key Facts. 50

11.3.2     Business Description. 50

11.3.3     Products and Services. 50

11.3.4     Financial Overview. 50

11.3.5     SWOT Analysis. 51

11.3.6     Key Developments. 51

11.4    IVI Fertility. 52

11.4.1     Key Facts. 52

11.4.2     Business Description. 52

11.4.3     Products and Services. 52

11.4.4     Financial Overview. 52

11.4.5     SWOT Analysis. 53

11.4.6     Key Developments. 53

11.5    New Life. 54

11.5.1     Key Facts. 54

11.5.2     Business Description. 54

11.5.3     Products and Services. 54

11.5.4     Financial Overview. 54

11.5.5     SWOT Analysis. 55

11.5.6     Key Developments. 55

11.6    INSTITUTO DE INFERTILIDAD Y GENÉTICA MÉXICO (INGENES) 56

11.6.1     Key Facts. 56

11.6.2     Business Description. 56

11.6.3     Products and Services. 56

11.6.4     Financial Overview. 56

11.6.5     SWOT Analysis. 57

11.6.6     Key Developments. 57

11.7    Reproclinic. 58

11.7.1     Key Facts. 58

11.7.2     Business Description. 58

11.7.3     Products and Services. 58

11.7.4     Financial Overview. 58

11.7.5     SWOT Analysis. 59

11.7.6     Key Developments. 59

11.8    The Fertility Center México. 60

11.8.1     Key Facts. 60

11.8.2     Business Description. 60

11.8.3     Products and Services. 60

11.8.4     Financial Overview. 60

11.8.5     SWOT Analysis. 61

11.8.6     Key Developments. 61

11.9    Fertility Clinic Americas. 62

11.9.1     Key Facts. 62

11.9.2     Business Description. 62

11.9.3     Products and Services. 62

11.9.4     Financial Overview. 62

11.9.5     SWOT Analysis. 63

11.9.6     Key Developments. 63

11.10  Ovoria Egg Bank. 64

11.10.1   Key Facts. 64

11.10.2   Business Description. 64

11.10.3   Products and Services. 64

11.10.4   Financial Overview. 64

11.10.5   SWOT Analysis. 65

11.10.6   Key Developments. 65

11.11  Gennet s.r.o. 66

11.11.1   Key Facts. 66

11.11.2   Business Description. 66

11.11.3   Products and Services. 66

11.11.4   Financial Overview. 66

11.11.5   SWOT Analysis. 67

11.11.6   Key Developments. 67

11.12  Panama Fertility. 68

11.12.1   Key Facts. 68

11.12.2   Business Description. 68

11.12.3   Products and Services. 68

11.12.4   Financial Overview. 68

11.12.5   SWOT Analysis. 69

11.12.6   Key Developments. 69

12.      Appendix 70

12.1    About The Insight Partners. 70

12.2    Glossary of Terms. 71

 

List of Tables

Table 1.          Latin America Donor Egg IVF Services Market Segmentation. 11

Table 2.          Brazil: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) – by Type. 32

Table 3.          Brazil: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) – by End User 32

Table 4.          Mexico: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) – by Type. 34

Table 5.          Mexico: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) – by End User 34

Table 6.          Argentina: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) – by Type. 36

Table 7.          Argentina: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) –  by End User 36

Table 8.          Colombia: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) – by Type. 38

Table 9.          Colombia: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) – by End User 38

Table 10.        Chile: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) – by Type. 40

Table 11.        Chile: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) – by End User 40

Table 12.        Peru: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) – by Type. 42

Table 13.        Peru: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) – by End User 42

Table 14.        Rest of Latin America: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) – by Type. 44

Table 15.        Rest of Latin America: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) – by End User 44

Table 16.        Recent Growth Strategies in Latin America Donor Egg IVF Services Market 45

Table 17.        Glossary of Terms, Latin America Donor Egg IVF Services Market 71

List of Figures

Figure 1.         Latin America Donor Egg IVF Services Market Segmentation, by Country. 11

Figure 2.         PEST Analysis. 16

Figure 3.         Impact Analysis of Drivers and Restraints. 21

Figure 4.         Latin America Donor Egg IVF Services Market Revenue (US$ Million), 2021–2031. 22

Figure 5.         Latin America Donor Egg IVF Services Market Share (%) – by Type, 2023 and 2031. 23

Figure 6.         Frozen Donor Egg: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) 24

Figure 7.         Fresh Donor Egg: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) 25

Figure 8.         Latin America Donor Egg IVF Services Market Share (%) – by End User, 2023 and 2031. 26

Figure 9.         Fertility Clinics and IVF Centers: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) 27

Figure 10.      Hospitals: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) 28

Figure 11.      Others: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) 29

Figure 12.      Latin America Donor Egg IVF Services Market Breakdown by Key Countries, 2023 and 2031 (%) 30

Figure 13.      Brazil: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) 31

Figure 14.      Mexico: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) 33

Figure 15.      Argentina: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) 35

Figure 16.      Colombia: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) 37

Figure 17.      Chile: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) 39

Figure 18.      Peru: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031 (US$ Million) 41

Figure 19.      Rest of Latin America: Latin America Donor Egg IVF Services Market – Revenue and Forecast to 2031  (US$ Million) 43

43

  • Fertility Argentina
  • Barbados Fertility Center
  • Fairfax EggBank Inc
  • IVI Fertility
  • New Life
  • Institute Of Infertility And Genetics Mexico (INGENES)
  • Reproclinic
  • The Fertility Center Mexico
  • Fertility Clinic Americas
  • Ovoria Egg Bank
  • Gennet s.r.o.
  • Panama Fertility
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Latin America donor egg IVF services market.
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the Latin America donor egg IVF services market, thereby allowing players across the value chain to develop effective long-term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.
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