Argentina Cell & Gene Therapy Bioanalytical Testing Services Market Size & Outlook
Argentina cell & gene therapy bioanalytical testing services market, 2018-2030 (US$M)
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Argentina cell & gene therapy bioanalytical testing services market highlights
- The Argentina cell & gene therapy bioanalytical testing services market generated a revenue of USD 3.3 million in 2023 and is expected to reach USD 5.5 million by 2030.
- The Argentina market is expected to grow at a CAGR of 7.6% from 2024 to 2030.
- In terms of segment, bioavailability & bioequivalence studies was the largest revenue generating test type in 2023.
- Bioavailability & Bioequivalence Studies is the most lucrative test type segment registering the fastest growth during the forecast period.
Cell & gene therapy bioanalytical testing services market data book summary
| Market revenue in 2023 | USD 3.3 million |
| Market revenue in 2030 | USD 5.5 million |
| Growth rate | 7.6% (CAGR from 2023 to 2030) |
| Largest segment | Bioavailability & bioequivalence studies |
| Fastest growing segment | Bioavailability & Bioequivalence Studies |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bioavailability & Bioequivalence Studies, Pharmacokinetics, Pharmacodynamics, Other test type |
| Key market players worldwide | IQVIA Holdings Inc, Labcorp Holdings Inc, Thermo Fisher Scientific Inc, Pharmaron Beijing Co Ltd Ordinary Shares - Class H, Charles River Laboratories International Inc, Syneos Health, Intertek Group PLC |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.6% of the global cell & gene therapy bioanalytical testing services 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 & gene therapy bioanalytical testing services 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 20.8 million by 2030.
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Cell & Gene Therapy Bioanalytical Testing Services Market Scope
Cell & Gene Therapy Bioanalytical Testing Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina cell & gene therapy bioanalytical testing services 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 & gene therapy bioanalytical testing services market will help companies and investors design strategic landscapes.
Bioavailability & bioequivalence studies was the largest segment with a revenue share of 36.36% in 2023. Horizon Databook has segmented the Argentina cell & gene therapy bioanalytical testing services market based on bioavailability & bioequivalence studies, pharmacokinetics, pharmacodynamics, other test type covering the revenue growth of each sub-segment from 2018 to 2030.
Argentina has been considered one of Latin America's most advanced countries in terms of regulatory policies. The increasing incidence of diseases and the expansion of vaccine research & manufacturing have made it an economically viable industry. Overall, Argentina has the highest age-standardized cancer incidence in Latin America.
For instance, the WHO reports that in 2022, there were 133,420 new cases of cancer, while the number of deaths was 70,251. The need for better cancer therapies and diagnostics drives R&D in the pharmaceutical and biotechnology industries.
This may result in advancements in cancer treatments, diagnostic equipment, and screening techniques, which are expected to boost the market. Furthermore, biopharmaceutical companies are engaging in a variety of strategic efforts, including partnerships, investments, and M&As, to enhance their market position. Such initiatives are expected to contribute to market growth.
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Target buyers of Argentina cell & gene therapy bioanalytical testing services market databook
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Our clientele includes a mix of cell & gene therapy bioanalytical testing services 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 Argentina cell & gene therapy bioanalytical testing services market , including forecasts for subscribers. This country databook contains high-level insights into Argentina cell & gene therapy bioanalytical testing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina cell & gene therapy bioanalytical testing services market size, by test type, 2018-2030 (US$M)
Argentina Cell & Gene Therapy Bioanalytical Testing Services Market Outlook Share, 2023 & 2030 (US$M)
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