Brazil Blood-based Biomaker For Sports Medicine Market Size & Outlook
Brazil blood-based biomaker for sports medicine market, 2018-2030 (US$M)
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Brazil blood-based biomaker for sports medicine market highlights
- The Brazil blood-based biomaker for sports medicine market generated a revenue of USD 15.1 million in 2023 and is expected to reach USD 25.0 million by 2030.
- The Brazil market is expected to grow at a CAGR of 7.5% from 2024 to 2030.
- In terms of segment, ck was the largest revenue generating type in 2023.
- CRP is the most lucrative type segment registering the fastest growth during the forecast period.
Blood-based biomaker for sports medicine market data book summary
| Market revenue in 2023 | USD 15.1 million |
| Market revenue in 2030 | USD 25.0 million |
| Growth rate | 7.5% (CAGR from 2023 to 2030) |
| Largest segment | Ck |
| Fastest growing segment | CRP |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | CK, Myoglobin, Lactate, WBC, Urea, CRP, Lipid and Protein Hydroperoxides, IL-6 |
Other key industry trends
- In terms of revenue, Brazil accounted for 2.3% of the global blood-based biomaker for sports medicine market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil blood-based biomaker for sports medicine market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 25.0 million by 2030.
Ck was the largest segment with a revenue share of 17.88% in 2023. Horizon Databook has segmented the Brazil blood-based biomaker for sports medicine market based on ck, myoglobin, lactate, wbc, urea, crp, lipid and protein hydroperoxides, il-6 covering the revenue growth of each sub-segment from 2018 to 2030.
In Brazil, federal government funding for sports is rising, driving significant enhancements in sports infrastructure and increasing overall participation. According to a March 2023 report, the Brazilian federal government allocated USD 4.9 billion to sports initiatives, representing 0.06% of the total federal budget. This funding was distributed across various areas: USD 3.2 billion for infrastructure, USD 712 million for educational & participation sports, USD 575 million for elite sports, and USD 436 million for management.
This investment is part of a broader strategy to promote physical activity and support athletic development across the country. In addition, the expansion of sports facilities and programs is expected to foster greater engagement at all levels, from grassroots to elite sports.
According to gov.br, by September 2022, the Brazilian government completed over 4,400 sports infrastructure projects. These projects include many facilities, such as gymnasiums, athletics tracks, soccer fields, outdoor gyms, stadiums, multi-sport spaces, tennis courts, and fields.
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Blood-based Biomaker for Sports Medicine Market Scope
Blood-based Biomaker for Sports Medicine Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil blood-based biomaker for sports medicine market size, by type, 2018-2030 (US$M)
Brazil Blood-based Biomaker for Sports Medicine Market Outlook Share, 2023 & 2030 (US$M)
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