Latin America Donor Egg IVF Services Market is expected to reach US$ 291.10 Million by 2031

Frozen Donor Egg Segment to Lead Latin America Donor Egg IVF Services Market Based on Type During 2023–2031 

According to our new research study on “Latin America Donor Egg IVF Services Market Forecast to 2031 – Regional Analysis – by Type and End User,” the market was valued at 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% from 2023 to 2031. Key factors fueling the Latin America donor egg IVF services market growth include the rising infertility rates and growing cost-effectiveness and fertility tourism. Moreover, the integration of robotic technology and artificial intelligence to bring new Latin America donor egg IVF services market trends in the coming years.

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 treatment costs and successful outcomes.

Latin America Donor Egg IVF Services Market, by Application Segment, (%)

Source: The Insight Partners Analysis

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; clinics in Latin America offer IVF services at one-fourth of the usual price with better quality of care and patient experience. 

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 patients globally who have infertility, 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.

Latin America Donor Egg IVF Services Market Analysis Based on Segmental Evaluation:

The Latin America donor egg IVF services market report is categorized on the basis of type and end user. By type, the market is bifurcated into frozen donor egg and fresh donor egg. The frozen donor egg segment held a larger Latin America donor egg IVF services market share in 2023. Frozen donor eggs are cryopreserved (frozen) after retrieval from the donor. They can be stored for extended periods and utilized later in the in vitro fertilization (IVF) process. It is a more convenient option owing to their retrieval from highly screened egg donors, and they are shipped, thawed, and used on the scheduled day of the recipient. Freezing of eggs allows for greater flexibility in timing. It is a faster process as the recipient does not need to queue up to get the egg donation, and patients can select eggs from a donor without the need to synchronize their cycles with the donor's availability.

The increasing acceptance of frozen embryo transfer (FET) as a preferred approach in IVF treatments has fueled the demand for frozen donor egg cycles. The 2019 Assisted Reproductive Technologies report by the Latin American Network of Assisted Reproduction (REDLARA), which covers 80% of all assisted reproductive technology (ART) cycles in Latin America in 2019, revealed that the proportion of FET compared to fresh embryo transfers has been on the rise, from 18% in 2009 to 61.4% in 2019.

The benefits of using frozen donor eggs include a more affordable option than fresh donor eggs, as the recipient does not have to cover the travel expenses of the donor. There is greater flexibility in scheduling, and they have lower treatment costs compared to fresh egg cycles. Improvements in cryopreservation techniques have enhanced the viability and success rates of frozen donor eggs, enhancing confidence among patients and medical providers. Patients enjoy the convenience of planning their treatments in a better way, as frozen eggs can be stored and used when needed.

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. Fertility clinics are specialized medical facilities that provide a range of reproductive services. These clinics are often the most common choice for individuals seeking ART, as they offer comprehensive care and support throughout the IVF process. The centers offer various treatments and procedures to treat infertility in couples. These clinics often employ specialized facilities, experienced fertility specialists, and advanced equipment for successful egg retrieval, fertilization, and embryo transfer procedures. Additionally, IVF centers are specialized medical facilities that focus on fertilization through ART.

There is a growing demand for donor egg IVF services in Latin America, fueled by factors such as delays in parenthood, an increase in awareness of fertility treatments, and a growth in the number of individuals experiencing infertility issues. The increasing prevalence of infertility in Latin America, attributed to lifestyle changes, delayed childbearing, and health issues, is causing more individuals and couples to seek IVF services, particularly donor egg IVF. Fertility clinics and IVF centers in Latin America often provide more affordable options than those in North America and Europe. This cost-effectiveness attracts both local and international patients, including those seeking reproductive tourism. Panama Fertility is the first regional center where women can select their donors and have access to a wide range of information and background information. Panama Fertility Clinic's experienced fertility specialists have helped over 10,000 individuals and couples become parents. It employs the latest technology and techniques to increase a patient’s chances of conceiving by up to 98%.

As these factors continue to evolve, the market is poised for significant growth, making it an attractive choice for investment and development in the future.

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., and Panama Fertility are among the leading companies profiled in the Latin America donor egg IVF services market report.

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