Argentina Bioanalytical Testing Services Market Size & Outlook
Argentina bioanalytical testing services market, 2018-2030 (US$M)
Related Markets
Argentina bioanalytical testing services market highlights
- The Argentina bioanalytical testing services market generated a revenue of USD 37.7 million in 2023 and is expected to reach USD 64.0 million by 2030.
- The Argentina market is expected to grow at a CAGR of 7.9% from 2024 to 2030.
- In terms of segment, small molecule was the largest revenue generating molecule in 2023.
- Large Molecule is the most lucrative molecule segment registering the fastest growth during the forecast period.
Bioanalytical testing services market data book summary
| Market revenue in 2023 | USD 37.7 million |
| Market revenue in 2030 | USD 64.0 million |
| Growth rate | 7.9% (CAGR from 2023 to 2030) |
| Largest segment | Small molecule |
| Fastest growing segment | Large Molecule |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Small Molecule, Large Molecule |
| Key market players worldwide | Thermo Fisher Scientific Inc, Icon PLC, Charles River Laboratories International Inc, Labcorp Holdings Inc, IQVIA Holdings Inc, Syneos Health, SGS AG, Intertek Group PLC, Pace Analytical Services |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.9% of the global bioanalytical testing services market in 2023.
- Country-wise, Kuwait is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil bioanalytical testing services 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 118.5 million by 2030.
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Bioanalytical Testing Services Market Scope
Bioanalytical Testing Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina bioanalytical testing services 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 bioanalytical testing services market will help companies and investors design strategic landscapes.
Small molecule was the largest segment with a revenue share of 53.85% in 2023. Horizon Databook has segmented the Argentina bioanalytical testing services market based on small molecule, large molecule covering the revenue growth of each sub-segment from 2018 to 2030.
The increasing demand for generic drugs in the expanding pharmaceutical industry has resulted in a need for more clinical trials, which is expected to drive market growth over the forecast period. The diversified population and availability of experienced health professionals encourage the pharmaceutical companies to conduct clinical trials in Argentina.
For instance, according to Clinical Trials.gov., there were 404 clinical trials registered from 2022 to 2023 in Argentina. In addition, the cost-effective clinical trials in the country foster market growth. Some key players operating in the country are SGS Argentina SA, MEd pace, IDBS, and Q2 Solutions.
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Our clientele includes a mix of bioanalytical testing services market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina bioanalytical testing services market , including forecasts for subscribers. This country databook contains high-level insights into Argentina bioanalytical testing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Argentina bioanalytical testing services market size, by molecule, 2018-2030 (US$M)
Argentina Bioanalytical Testing Services Market Outlook Share, 2023 & 2030 (US$M)
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