Brazil Biosimulation Market Size & Outlook, 2021-2028
Brazil biosimulation market, 2016-2028 (US$M)
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Brazil biosimulation market highlights
- The Brazil biosimulation market generated a revenue of USD 20.0 million in 2021 and is expected to reach USD 58.2 million by 2028.
- The Brazil market is expected to grow at a CAGR of 16.5% from 2022 to 2028.
- In terms of segment, software was the largest revenue generating product in 2021.
- Services is the most lucrative product segment registering the fastest growth during the forecast period.
Biosimulation market data book summary
| Market revenue in 2021 | USD 20.0 million |
| Market revenue in 2028 | USD 58.2 million |
| Growth rate | 16.5% (CAGR from 2021 to 2028) |
| Largest segment | Software |
| Fastest growing segment | Services |
| Historical data | 2016 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Services |
| Key market players worldwide | Certara Inc Ordinary Shares, Dassault Systemes SE, Avantium NV, Simulations Plus Inc, Schrodinger Inc Ordinary Shares, Chemical Computing Group, Physiomics, Rosa & Co, Genedata AG, Instem, Yokogawa Electric Corp., Immunetrics |
Other key industry trends
- In terms of revenue, Brazil accounted for 0.8% of the global biosimulation market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Latin America, Brazil biosimulation market is projected to lead the regional market in terms of revenue in 2028.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 45.7 million by 2028.
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Biosimulation Market Scope
Biosimulation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil biosimulation 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 biosimulation market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 67% in 2021. Horizon Databook has segmented the Brazil biosimulation market based on software, services covering the revenue growth of each sub-segment from 2016 to 2028.
Brazil held the largest share of 34.61% in 2019. The market is anticipated to grow substantially over the forecast period. High economic growth coupled with growing number of clinical trials in emerging market of Brazil is expected to serve this market as a high-impact rendering driver. This has made biosimulation a prominent market for various drug manufacturers.
In addition, growing pharmaceutical market and stable regulatory system are boosting the growth of the market. Furthermore, increasing of focus of market players on expanding their biosimulation services in the country is estimated to boost the market growth.
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Target buyers of Brazil biosimulation market databook
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Our clientele includes a mix of biosimulation 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 biosimulation market , including forecasts for subscribers. This country databook contains high-level insights into Brazil biosimulation market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Brazil biosimulation market size, by product, 2016-2028 (US$M)
Brazil Biosimulation Market Outlook Share, 2021 & 2028 (US$M)
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