Latin America Covid 19 Clinical Trials Market Size & Outlook
Latin America covid 19 clinical trials market, 2018-2030 (US$M)
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Latin America covid 19 clinical trials market highlights
- The Latin America covid 19 clinical trials market generated a revenue of USD 376.3 million in 2023.
- The market is expected to grow at a CAGR of 7.9% from 2024 to 2030.
- In terms of segment, phase iii was the largest revenue generating phase in 2023.
- Phase IV is the most lucrative phase segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 376.3 million |
| Market revenue in 2030 | USD 641.7 million |
| Growth rate | 7.9% (CAGR from 2023 to 2030) |
| Largest segment | Phase iii |
| Fastest growing segment | Phase IV |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Phase I, Phase II, Phase III, Phase IV |
| Key market players worldwide | Inovio Pharmaceuticals Inc, AbbVie Inc, BioNTech SE ADR, Novavax Inc, Takeda Pharmaceutical Co Ltd |
Other key industry trends
- In terms of revenue, Latin America region accounted for 7.2% of the global covid 19 clinical trials market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,415.8 million by 2030.
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COVID 19 Clinical Trials Market Scope
COVID 19 Clinical Trials Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America covid 19 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 covid 19 clinical trials market will help companies and investors design strategic landscapes.
Phase iii was the largest segment with a revenue share of 44.7% in 2023. Horizon Databook has segmented the Latin America covid 19 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.
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Target buyers of Latin America covid 19 clinical trials market databook
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Our clientele includes a mix of covid 19 clinical trials 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 continent-level data and insights on the Latin America covid 19 clinical trials market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America covid 19 clinical trials market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America covid 19 clinical trials market size, by country, 2018-2030 (US$M)
Latin America COVID 19 Clinical Trials Market Outlook Share, 2023 & 2030 (US$M)
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