Latin America Bioprocess Validation Market Size & Outlook
Latin America bioprocess validation market, 2018-2030 (US$M)
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Latin America bioprocess validation market highlights
- The Latin America bioprocess validation market generated a revenue of USD 30.4 million in 2023.
- The market is expected to grow at a CAGR of 8% from 2024 to 2030.
- In terms of segment, bioprocess residuals testing was the largest revenue generating testing type in 2023.
- Extractables & Leachables Testing is the most lucrative testing 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 30.4 million |
| Market revenue in 2030 | USD 52.1 million |
| Growth rate | 8% (CAGR from 2023 to 2030) |
| Largest segment | Bioprocess residuals testing |
| Fastest growing segment | Extractables & Leachables Testing |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Extractables & Leachables Testing, Bioprocess Residuals Testing, Viral Clearance Testing, Filtration & Fermentation Systems Testing |
| Key market players worldwide | Eurofins Scientific SE, Sartorius AG, Merck KGaA, Thermo Fisher Scientific Inc, Lonza Group Ltd, Danaher Corp, Charles River Laboratories International Inc, SGS AG, Labcorp Holdings Inc, Cobetter Filtration |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.6% of the global bioprocess validation 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 204.1 million by 2030.
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Bioprocess Validation Market Scope
Bioprocess Validation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America bioprocess validation 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 bioprocess validation market will help companies and investors design strategic landscapes.
Bioprocess residuals testing was the largest segment with a revenue share of 28.62% in 2023. Horizon Databook has segmented the Latin America bioprocess validation market based on extractables & leachables testing, bioprocess residuals testing, viral clearance testing, filtration & fermentation systems testing covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Latin America bioprocess validation market databook
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Our clientele includes a mix of bioprocess validation 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 continent-level data and insights on the Latin America bioprocess validation market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America bioprocess validation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America bioprocess validation market outlook size, by country, 2018-2030 (US$M)
Latin America Bioprocess Validation Market Outlook Share, 2023 & 2030 (US$M)
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