Latin America Biomarker Clinical Phase Outsourcing Services Market Size & Outlook
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Latin America biomarker clinical phase outsourcing services market highlights
- The Latin America biomarker clinical phase outsourcing services market generated a revenue of USD 390.8 million in 2023.
- The market is expected to grow at a CAGR of 20.5% from 2024 to 2030.
- In terms of segment, surrogate endpoints was the largest revenue generating biomarker type in 2023.
- Predictive Biomarkers is the most lucrative biomarker type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 390.8 million |
| Market revenue in 2030 | USD 1,439.8 million |
| Growth rate | 20.5% (CAGR from 2023 to 2030) |
| Largest segment | Surrogate endpoints |
| Fastest growing segment | Predictive Biomarkers |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Predictive Biomarkers, Prognostic Biomarkers, Safety Biomarkers, Surrogate Endpoints |
| Key market players worldwide | Labcorp Holdings Inc, PAREXEL, Icon PLC, Charles River Laboratories International Inc, Proteome Sciences PLC, H U Group Holdings Inc, Wuxi AppTec Co Ltd, NorthEast BioLab, Celerion, GenScript ProBio |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.3% of the global biomarker clinical phase outsourcing services 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 6,383.8 million by 2030.
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Biomarker Clinical Phase Outsourcing Services Market Scope
Biomarker Clinical Phase Outsourcing Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| GenScript ProBio | View profile | 1001-5000 | Nanjing, Jiangsu, China, Asia | https://www.genscriptprobio.cn |
| NorthEast BioLab | View profile | 11-50 | Hamden, Connecticut, United States, North America | https://www.nebiolab.com |
| H U Group Holdings Inc | View profile | 11561 | Shinjuku Mitsui Building, 2-1-1 Nishishinjuku, Shinjuku-ku, Tokyo, Japan, 163-0408 | https://www.hugp.com |
| Proteome Sciences PLC | View profile | 31 | Downside Bridge Road, Coveham House, Cobham, Surrey, United Kingdom, KT11 3EP | https://www.proteomics.com |
| PAREXEL | View profile | 10001+ | Waltham, Massachusetts, United States, North America | http://www.parexel.com |
| Wuxi AppTec Co Ltd | View profile | 41116 | 288 Fute Zhong Road, Waigaoqiao Free Trade Zone, Shanghai, China, People's Republic of, 200131 | https://www.wuxiapptec.com |
| Icon PLC | View profile | 41150 | South County Business Park, Leopardstown, Dublin, Ireland, D18 X5R3 | https://www.iconplc.com |
| Celerion | View profile | 1001-5000 | Lincoln, Nebraska, United States, North America | https://celerion.com/ |
| Labcorp Holdings Inc | View profile | 67000 | 358 South Main Street, Burlington, NC, United States, 27215 | https://www.labcorp.com |
| Charles River Laboratories International Inc | View profile | 21400 | 251 Ballardvale Street, Wilmington, MA, United States, 01887 | https://www.criver.com |
Latin America biomarker clinical phase outsourcing 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 biomarker clinical phase outsourcing services market will help companies and investors design strategic landscapes.
Surrogate endpoints was the largest segment with a revenue share of 55.73% in 2023. Horizon Databook has segmented the Latin America biomarker clinical phase outsourcing services market based on predictive biomarkers, prognostic biomarkers, safety biomarkers, surrogate endpoints covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Latin America biomarker clinical phase outsourcing services market databook
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Our clientele includes a mix of biomarker clinical phase outsourcing 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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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America biomarker clinical phase outsourcing services market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America biomarker clinical phase outsourcing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America biomarker clinical phase outsourcing services market size, by country, 2018-2030 (US$M)
Latin America Biomarker Clinical Phase Outsourcing Services Market Outlook Share, 2023 & 2030 (US$M)
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