Brazil Cell & Gene Therapy Bioanalytical Testing Services Market Size & Outlook
Brazil cell & gene therapy bioanalytical testing services market, 2018-2030 (US$M)
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Brazil cell & gene therapy bioanalytical testing services market highlights
- The Brazil cell & gene therapy bioanalytical testing services market generated a revenue of USD 12.2 million in 2023 and is expected to reach USD 20.8 million by 2030.
- The Brazil market is expected to grow at a CAGR of 7.9% 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 12.2 million |
| Market revenue in 2030 | USD 20.8 million |
| Growth rate | 7.9% (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, Brazil accounted for 2.4% 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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Brazil 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 35.25% in 2023. Horizon Databook has segmented the Brazil 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.
Brazil is currently the first Latin American country to authorize gene therapy product marketing. More specifically, Novartis' gene therapy drugs Luxturna and Zolgensma were given marketing approval by the Brazilian Health Regulatory Agency (ANVISA) in September 2020.
Luxturna received its marketing authorization on August 6, 2020, as stated in the Brazilian Federal Register. A few days later, on 17 August 2020, Zolgensma received its marketing authorization. Both products had been approved by the Brazilian Technical Commission of Biosafety (CTNBio), which is responsible for assessing the biosafety of Genetically Modified Organisms (GMOs) in Brazil, prior to ANVISA's final opinions.
Moreover, bioanalytical testing services for cell and gene therapy are anticipated to grow in the country due to the strong growth and innovation in the biologics industry as well as the expanding biopharmaceutical market.
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Target buyers of Brazil 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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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil cell & gene therapy bioanalytical testing services market , including forecasts for subscribers. This country databook contains high-level insights into Brazil cell & gene therapy bioanalytical testing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil cell & gene therapy bioanalytical testing services market size, by test type, 2018-2030 (US$M)
Brazil Cell & Gene Therapy Bioanalytical Testing Services Market Outlook Share, 2023 & 2030 (US$M)
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