Mexico Cell Separation Market Size & Outlook, 2023-2030
Mexico cell separation market, 2018-2030 (US$M)
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Mexico cell separation market highlights
- The Mexico cell separation market generated a revenue of USD 99.2 million in 2023 and is expected to reach USD 202.5 million by 2030.
- The Mexico market is expected to grow at a CAGR of 10.7% 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 99.2 million |
| Market revenue in 2030 | USD 202.5 million |
| Growth rate | 10.7% (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, Mexico accounted for 1.1% 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 |
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Mexico 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 62.5% in 2023. Horizon Databook has segmented the Mexico cell separation market based on consumables, instruments covering the revenue growth of each sub-segment from 2018 to 2030.
Mexico has emerged as one of the potential countries for biopharmaceutical products owing to the presence of skilled scientists, low manufacturing costs, and advanced legal framework. Moreover, the high penetration of U.S.-based biotech companies in Mexico has supported the country’s biotechnology sector.
In addition, the Mexican government has prioritized growth and innovation in the biotechnology sector. Thus, growing biopharmaceutical and biotechnology industries in the country are anticipated to create high demand for cell separation products in the region and support market growth.
Furthermore, rising medical tourism in the country due to its cost-effective healthcare services is anticipated to drive the demand for cell separation solutions for clinical applications. However, limited R&D investments and low affordability of technologically advanced systems in the country may hamper the market growth during the forecast period.
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico cell separation market , including forecasts for subscribers. This country databook contains high-level insights into Mexico cell separation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico cell separation market size, by product, 2018-2030 (US$M)
Mexico Cell Separation Market Outlook Share, 2023 & 2030 (US$M)
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