Latin America Bio Decontamination Market Size & Outlook
The bio decontamination market in Latin America is expected to reach a projected revenue of US$ 7.0 million by 2030. A compound annual growth rate of 8.7% is expected of Latin America bio decontamination market from 2024 to 2030.
Revenue, 2023 (US$M)
$3.9
Forecast, 2030 (US$M)
$7.0
CAGR, 2024 - 2030
8.7%
Report Coverage
Latin America
Latin America bio decontamination market, 2018-2030 (US$M)
Latin America bio decontamination market highlights
- The Latin America bio decontamination market generated a revenue of USD 3.9 million in 2023.
- The market is expected to grow at a CAGR of 8.7% from 2024 to 2030.
- In terms of segment, euipment was the largest revenue generating component in 2023.
- Euipment is the most lucrative component segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 3.9 million |
| Market revenue in 2030 | USD 7.0 million |
| Growth rate | 8.7% (CAGR from 2023 to 2030) |
| Largest segment | Euipment |
| Fastest growing segment | Euipment |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Euipment |
| Key market players worldwide | Steris PLC, Ecolab Inc, Clordisys Solutions, Howorth Air Technology Ltd, JCE Biotechnology, Noxilizer, TOMI Environmental Solutions Inc, Tailin Bioengineering |
Other key industry trends
- In terms of revenue, Latin America region accounted for 1.8% of the global bio decontamination 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 95.3 million by 2030.
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Bio Decontamination Market Scope
Bio decontamination market segmentation & scope
Agent
Hydrogen Peroxide
Cholrine Dioxide
Peracetic Acid
Nitorgen Dioxie
Type
Chamber Decontamination
Room Decontamination
End Use
Biotech Companies & Research Organizations
Pharmaceutical & Medical Device Manufacturers
Lifescience Laboratories & Research Oganizations
Hospital & Other Healthcare Facilities
Food & Beverage Companies
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
China
Japan
India
South Korea
Australia
Brazil
Saudi Arabia
UAE
South Africa
Bio Decontamination Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America bio decontamination market
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