Argentina Biotechnology And Pharmaceutical Services Outsourcing Market Size & Outlook

The biotechnology and pharmaceutical services outsourcing market in Argentina is expected to reach a projected revenue of US$ 392.6 million by 2030. A compound annual growth rate of 4.7% is expected of Argentina biotechnology and pharmaceutical services outsourcing market from 2024 to 2030.
Revenue, 2023 (US$M)
$284.0
Forecast, 2030 (US$M)
$392.6
CAGR, 2024 - 2030
4.7%
Report Coverage
Argentina

Argentina biotechnology and pharmaceutical services outsourcing market, 2018-2030 (US$M)

Argentina

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Argentina biotechnology and pharmaceutical services outsourcing market highlights

  • The Argentina biotechnology and pharmaceutical services outsourcing market generated a revenue of USD 284.0 million in 2023 and is expected to reach USD 392.6 million by 2030.
  • The Argentina market is expected to grow at a CAGR of 4.7% from 2024 to 2030.
  • In terms of segment, consulting was the largest revenue generating services in 2023.
  • Training & Education is the most lucrative services segment registering the fastest growth during the forecast period.


Biotechnology and pharmaceutical services outsourcing market data book summary

Market revenue in 2023USD 284.0 million
Market revenue in 2030USD 392.6 million
Growth rate4.7% (CAGR from 2023 to 2030)
Largest segmentConsulting
Fastest growing segmentTraining & Education
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationConsulting, Regulatory Affairs, Product Design & Development, Auditing and Assessment, Product Maintenance, Training & Education
Key market players worldwidePAREXEL, IQVIA Holdings Inc, Heidelberg Materials AG, Labcorp Holdings Inc, Charles River Laboratories International Inc, Icon PLC, Syneos Health, Lonza Group Ltd, Catalent Inc, Samsung BioLogics


Other key industry trends

  • In terms of revenue, Argentina accounted for 0.6% of the global biotechnology and pharmaceutical services outsourcing market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Latin America, Brazil biotechnology and pharmaceutical services outsourcing 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 392.6 million by 2030.

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Biotechnology And Pharmaceutical Services Outsourcing Market Companies

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Argentina biotechnology and pharmaceutical services outsourcing 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 biotechnology and pharmaceutical services outsourcing market will help companies and investors design strategic landscapes.


Consulting was the largest segment with a revenue share of 47.75% in 2023. Horizon Databook has segmented the Argentina biotechnology and pharmaceutical services outsourcing market based on consulting, regulatory affairs, product design & development, auditing and assessment, product maintenance, training & education covering the revenue growth of each sub-segment from 2018 to 2030.


The country offers a lucrative market for outsourcing services due to the increasing need for optimized manufacturing processes, rising prevalence of diseases, and growing vaccine development & production.

In addition, the biotechnology & pharmaceutical industries prefer Argentina for clinical research due to easy patient recruitment and as the country offers a broad scope for foreign medical products to invest in the region.

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  • Our clientele includes a mix of biotechnology and pharmaceutical services outsourcing market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina biotechnology and pharmaceutical services outsourcing market , including forecasts for subscribers. This country databook contains high-level insights into Argentina biotechnology and pharmaceutical services outsourcing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Argentina biotechnology and pharmaceutical services outsourcing market size, by services, 2018-2030 (US$M)

Argentina Biotechnology And Pharmaceutical Services Outsourcing Market Outlook Share, 2023 & 2030 (US$M)

Argentina biotechnology and pharmaceutical services outsourcing market size, by services, 2018-2030 (US$M)

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