Latin America Fetal Bovine Serum Market Size & Outlook
Latin America fetal bovine serum market, 2018-2030 (US$M)
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Latin America fetal bovine serum market highlights
- The Latin America fetal bovine serum market generated a revenue of USD 99.7 million in 2023.
- The market is expected to grow at a CAGR of 11.8% from 2024 to 2030.
- In terms of segment, cell-based research was the largest revenue generating application in 2023.
- In-vitro fertilization is the most lucrative application 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 99.7 million |
| Market revenue in 2030 | USD 218.3 million |
| Growth rate | 11.8% (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 |
| Key market players worldwide | Thermo Fisher Scientific Inc, Sartorius AG, Danaher Corp, Merck KGaA, HiMedia Laboratories, Bio-Techne Corp, PAN-Biotech GmbH, Atlas Biologicals, Inc., RMBIO, Biowest |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.5% of the global fetal bovine serum market in 2023.
- Globally, North America 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 1,127.9 million by 2030.
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Fetal Bovine Serum Market Scope
Fetal Bovine Serum Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 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 29.39% in 2023. Horizon Databook has segmented the Latin America 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.
- Latin America Fetal Bovine Serum Application Outlook (Revenue, USD Million, 2018-2030)
- Drug Discovery
- In-vitro fertilization
- Vaccine production
- Cell-based research
- Diagnostics
- Others
- Latin America 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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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 continent-level data and insights on the Latin America fetal bovine serum market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America fetal bovine serum market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America fetal bovine serum market outlook size, by country, 2018-2030 (US$M)
Latin America Fetal Bovine Serum Market Outlook Share, 2023 & 2030 (US$M)
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