Global Fetal Bovine Serum Market Size & Outlook, 2023-2030
Global fetal bovine serum market, 2018-2030 (US$M)
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Global fetal bovine serum market highlights
- The global fetal bovine serum market generated a revenue of USD 1,813.6 million in 2023 and is expected to reach USD 4,567.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 14.1% by 2030.
- In terms of segment, cell-based research accounted for a revenue of USD 514.1 million in 2023.
- In-vitro fertilization is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Kuwait is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,813.6 million |
| Market revenue in 2030 | USD 4,567.7 million |
| Growth rate | 14.1% (CAGR from 2023 to 2030) |
| Largest segment | Cell-based research |
| Fastest growing segment | In-vitro fertilization |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Drug Discovery, In-vitro fertilization, Vaccine production, Cell-based research, Diagnostics |
Other key industry trends
- In terms of revenue, the North America accounted for 37.8% of the global fetal bovine serum market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Kuwait is the fastest growing regional market and is projected to reach USD 10.8 million by 2030.
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Fetal Bovine Serum Market Scope
Fetal Bovine Serum Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global fetal bovine serum 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 fetal bovine serum market will help companies and investors design strategic landscapes.
Cell-based research was the largest segment with a revenue share of 28.35% in 2023. Horizon Databook has segmented the Global fetal bovine serum market based on drug discovery, in-vitro fertilization, vaccine production, cell-based research, diagnostics covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Fetal Bovine Serum Application Outlook (Revenue, USD Million, 2018-2030)
- Drug Discovery
- In-vitro fertilization
- Vaccine production
- Cell-based research
- Diagnostics
- Others
- Global Fetal Bovine Serum End-user Outlook (Revenue, USD Million, 2018-2030)
- Pharmaceutical & biotechnology companies
- Contract Research Organizations (CRO)
- Academic and research organizations
- Others
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Our clientele includes a mix of fetal bovine serum market companies, investment firms, advisory firms & academic institutions.
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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 global-level data and insights on the Global fetal bovine serum market , including forecasts for subscribers. This global databook contains high-level insights into Global fetal bovine serum market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global fetal bovine serum market outlook size, by region, 2018-2030 (US$M)
Top 10 countries: Fetal bovine serum market size, 2023 (US$M)
Global fetal bovine serum market share, by application, 2023 & 2030 (%, US$M)
Fetal bovine serum market: Opportunity assessment by country
Global fetal bovine serum market, by region, 2023 (US$M)
| Application | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 325.4 | 356.7 | 414.7 | 505.6 | 599.1 | 686.1 | 776.5 | 880.2 | 998.6 | 1,133.7 | 1,287.8 | 1,464.5 | 1,667.5 | 13.5% |
| Europe | 253.8 | 280.4 | 328.7 | 403.9 | 482.8 | 557.3 | 636.2 | 727.4 | 832.2 | 953.1 | 1,092.4 | 1,253.3 | 1,439.9 | 14.5% |
| Asia Pacific | 177.8 | 198.3 | 234.5 | 290.8 | 350.6 | 408.6 | 470.7 | 543.3 | 627.3 | 725.3 | 839.2 | 972.3 | 1,127.9 | 15.6% |
| Latin America | 50.7 | 54.7 | 62.7 | 75.4 | 88.2 | 99.7 | 111.2 | 124.2 | 138.6 | 155.2 | 173.6 | 194.5 | 218.3 | 11.9% |
| MEA | 35.3 | 37.4 | 42.1 | 49.2 | 56.2 | 61.9 | 67.5 | 73.5 | 80.3 | 87.6 | 95.4 | 104.5 | 114.1 | 9.1% |
| Overall | 843.0 | 927.5 | 1,082.7 | 1,324.9 | 1,576.9 | 1,813.6 | 2,062.1 | 2,348.6 | 2,677.0 | 3,054.9 | 3,488.4 | 3,989.1 | 4,567.7 | 14.1% |
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