Brazil Biological Safety Testing Products And Services Market Size & Outlook
Brazil biological safety testing products and services market, 2018-2030 (US$M)
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Brazil biological safety testing products and services market highlights
- The Brazil biological safety testing products and services market generated a revenue of USD 111.0 million in 2023 and is expected to reach USD 218.7 million by 2030.
- The Brazil market is expected to grow at a CAGR of 10.2% from 2024 to 2030.
- In terms of segment, reagents & kits was the largest revenue generating product in 2023.
- Instruments is the most lucrative product segment registering the fastest growth during the forecast period.
Biological safety testing products and services market data book summary
| Market revenue in 2023 | USD 111.0 million |
| Market revenue in 2030 | USD 218.7 million |
| Growth rate | 10.2% (CAGR from 2023 to 2030) |
| Largest segment | Reagents & kits |
| Fastest growing segment | Instruments |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Reagents & kits, Services, Instruments |
| Key market players worldwide | Charles River Laboratories International Inc, BSL-BIOSERVICE Scientific Laboratories GmbH, Merck KGaA, Samsung BioLogics, Sartorius AG, Eurofins Scientific SE, SGS AG, Thermo Fisher Scientific Inc, BioMerieux SA, Lonza Group Ltd |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.4% of the global biological safety testing products and services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil biological safety testing products and services market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 72.9 million by 2030.
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Biological Safety Testing Products And Services Market Scope
Biological Safety Testing Products And Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil biological safety testing products and 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 biological safety testing products and services market will help companies and investors design strategic landscapes.
Reagents & kits was the largest segment with a revenue share of 39.91% in 2023. Horizon Databook has segmented the Brazil biological safety testing products and services market based on reagents & kits, services, instruments covering the revenue growth of each sub-segment from 2018 to 2030.
Rising need for rapid detection and monitoring to contain contamination in research laboratories and manufacturing facilities across this region is believed to be responsible for the capitalized market share of Brazil. Additionally, rising healthcare expenditure and increasing awareness pertaining to biological safety testing tools in this region are further anticipated to provide high growth potential to this region.
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Target buyers of Brazil biological safety testing products and services market databook
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Our clientele includes a mix of biological safety testing products and services 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 Brazil biological safety testing products and services market , including forecasts for subscribers. This country databook contains high-level insights into Brazil biological safety testing products and services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil biological safety testing products and services market size, by product, 2018-2030 (US$M)
Brazil Biological Safety Testing Products And Services Market Outlook Share, 2023 & 2030 (US$M)
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