Latin America Healthcare Bioconvergence Market Size & Outlook
Latin America healthcare bioconvergence market, 2017-2030 (US$M)
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Latin America healthcare bioconvergence market highlights
- The Latin America healthcare bioconvergence market generated a revenue of USD 8,385.6 million in 2022.
- The market is expected to grow at a CAGR of 5.9% from 2023 to 2030.
- In terms of segment, drug discovery was the largest revenue generating application in 2022.
- Nanorobotics for Drug Delivery is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 8,385.6 million |
| Market revenue in 2030 | USD 13,275.4 million |
| Growth rate | 5.9% (CAGR from 2022 to 2030) |
| Largest segment | Drug discovery |
| Fastest growing segment | Nanorobotics for Drug Delivery |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Drug Discovery, Nanorobotics for Drug Delivery, Regenerative Medicine, Diagnostic and Biological, Bioelectronics, Engineered Living Materials, Optogenetics, Precision Medicine |
| Key market players worldwide | BiomX Inc, Ginkgo Bioworks Holdings Inc, SetPoint Medical, GSK PLC, BICO |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.9% of the global healthcare bioconvergence market in 2022.
- 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 60,696.4 million by 2030.
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Healthcare Bioconvergence Market Scope
Healthcare Bioconvergence Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America healthcare bioconvergence 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 healthcare bioconvergence market will help companies and investors design strategic landscapes.
Drug discovery was the largest segment with a revenue share of 20.94% in 2022. Horizon Databook has segmented the Latin America healthcare bioconvergence market based on drug discovery, nanorobotics for drug delivery, regenerative medicine, diagnostic and biological, bioelectronics, engineered living materials, optogenetics, precision medicine covering the revenue growth of each sub-segment from 2017 to 2030.
- Latin America Healthcare Bioconvergence Application Outlook (Revenue, USD Million, 2017-2030)
- Drug Discovery
- Nanorobotics for Drug Delivery
- Regenerative Medicine
- Diagnostic and Biological
- Bioelectronics
- Engineered Living Materials
- Optogenetics
- Precision Medicine
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Target buyers of Latin America healthcare bioconvergence market databook
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Our clientele includes a mix of healthcare bioconvergence 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 healthcare bioconvergence market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America healthcare bioconvergence market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America healthcare bioconvergence market report size, by country, 2017-2030 (US$M)
Latin America Healthcare Bioconvergence Market Share, 2022 & 2030 (US$M)
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