Colombia Cell And Gene Therapy Clinical Trials Market Size & Outlook
Colombia cell and gene therapy clinical trials market, 2018-2030 (US$M)
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Colombia cell and gene therapy clinical trials market highlights
- The Colombia cell and gene therapy clinical trials market generated a revenue of USD 30.8 million in 2023 and is expected to reach USD 77.5 million by 2030.
- The Colombia market is expected to grow at a CAGR of 14.1% from 2024 to 2030.
- In terms of segment, phase ii was the largest revenue generating phase in 2023.
- Phase I is the most lucrative phase segment registering the fastest growth during the forecast period.
Cell and gene therapy clinical trials market data book summary
| Market revenue in 2023 | USD 30.8 million |
| Market revenue in 2030 | USD 77.5 million |
| Growth rate | 14.1% (CAGR from 2023 to 2030) |
| Largest segment | Phase ii |
| Fastest growing segment | Phase I |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Phase I, Phase II, Phase III, Phase IV |
| Key market players worldwide | IQVIA Holdings Inc, Icon PLC, Labcorp Holdings Inc, Charles River Laboratories International Inc, PAREXEL, Syneos Health, Medpace Holdings Inc, Thermo Fisher Scientific Inc, Veristat, Novotech |
Other key industry trends
- In terms of revenue, Colombia accounted for 0.3% of the global cell and gene therapy clinical trials market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil cell and gene therapy clinical trials 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 643.8 million by 2030.
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Cell And Gene Therapy Clinical Trials Market Scope
Cell And Gene Therapy Clinical Trials Market Companies
| Name | Profile | # Employees | HQ | Website |
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Colombia cell and gene therapy clinical trials 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 cell and gene therapy clinical trials market will help companies and investors design strategic landscapes.
Phase ii was the largest segment with a revenue share of 56.49% in 2023. Horizon Databook has segmented the Colombia cell and gene therapy clinical trials market based on phase i, phase ii, phase iii, phase iv covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico is an attractive destination for outsourcing clinical trials as cost plays a major factor. Moreover, the proximity to the U.S. and availability of investigators in urban areas also help in reducing cost. As the population in the region cannot afford treatment of chronic diseases, they usually prefer participating in clinical trials. Hence, availability of diverse patient pool is one of the major drivers of the market.
The establishment of regulatory entity called the Federal Commission for the Protection against Sanitary Risk (COFEPRIS) and shortened set-up time for clinical trials to 2 months have also attracted many clients to the country. In addition, high investment for infrastructure development to provide better facilities in the country is expected to drive the market.
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Our clientele includes a mix of cell and gene therapy clinical trials market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Colombia cell and gene therapy clinical trials market , including forecasts for subscribers. This country databook contains high-level insights into Colombia cell and gene therapy clinical trials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Colombia cell and gene therapy clinical trials market size, by phase, 2018-2030 (US$M)
Colombia Cell And Gene Therapy Clinical Trials Market Outlook Share, 2023 & 2030 (US$M)
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