Argentina Cell Separation Market Size & Outlook, 2023-2030
Argentina cell separation market, 2018-2030 (US$M)
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Argentina cell separation market highlights
- The Argentina cell separation market generated a revenue of USD 74.8 million in 2023 and is expected to reach USD 155.8 million by 2030.
- The Argentina market is expected to grow at a CAGR of 11.1% from 2024 to 2030.
- In terms of segment, consumables was the largest revenue generating product in 2023.
- Consumables is the most lucrative product segment registering the fastest growth during the forecast period.
Cell separation market data book summary
| Market revenue in 2023 | USD 74.8 million |
| Market revenue in 2030 | USD 155.8 million |
| Growth rate | 11.1% (CAGR from 2023 to 2030) |
| Largest segment | Consumables |
| Fastest growing segment | Consumables |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Consumables, Instruments |
| Key market players worldwide | Thermo Fisher Scientific Inc, BD, Danaher Corp, Terumo Corp, STEMCELL Technologies, Bio-Rad Laboratories Inc, Merck KGaA, Agilent Technologies Inc, Corning Inc, Akadeum Life Sciences |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.8% of the global cell separation 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 separation 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 155.8 million by 2030.
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Cell Separation Market Scope
Cell Separation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Argentina cell separation 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 separation market will help companies and investors design strategic landscapes.
Consumables was the largest segment with a revenue share of 62.97% in 2023. Horizon Databook has segmented the Argentina cell separation market based on consumables, instruments covering the revenue growth of each sub-segment from 2018 to 2030.
Argentina is an emerging market when it comes to biologics development and hence the country is anticipated to offer moderate opportunities for cell separation solutions. However, factors such as increasing prevalence of chronic diseases, such as cancer, and rising R&D activities by several public and private organizations are anticipated to boost the demand for cell separation products.
Low affordability of advanced cell separation systems in the country and limited spending in pharma and biotechnology R&D sector are anticipated to limit the growth of Argentina cell separation market.The ANMAT, National Administration of Drugs, Food and Medical Devices, is the regulatory body in Argentina responsible for overseeing medical devices.
The ANMAT utilizes a risk-based classification system that aligns with international standards, including the European Union and Canada. Medical devices are categorized into four classes based on their potential risk level, ranging from Class I (lowest risk) to Class IV (highest risk).
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina cell separation market , including forecasts for subscribers. This country databook contains high-level insights into Argentina cell separation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina cell separation market size, by product, 2018-2030 (US$M)
Argentina Cell Separation Market Outlook Share, 2023 & 2030 (US$M)
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