Argentina Healthcare Contract Research Organization Market Size & Outlook
Argentina healthcare contract research organization market, 2018-2030 (US$M)
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Argentina healthcare contract research organization market highlights
- The Argentina healthcare contract research organization market generated a revenue of USD 650.8 million in 2023 and is expected to reach USD 954.7 million by 2030.
- The Argentina market is expected to grow at a CAGR of 5.6% from 2024 to 2030.
- In terms of segment, clinical was the largest revenue generating type in 2023.
- Pre-Clinical is the most lucrative type segment registering the fastest growth during the forecast period.
Healthcare contract research organization market data book summary
| Market revenue in 2023 | USD 650.8 million |
| Market revenue in 2030 | USD 954.7 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | Clinical |
| Fastest growing segment | Pre-Clinical |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Drug Discovery, Pre-Clinical, Clinical |
| Key market players worldwide | Icon PLC, Charles River Laboratories International Inc, IQVIA Holdings Inc, GVK Biosciences, Labcorp Holdings Inc, Thermo Fisher Scientific Inc, PAREXEL, Dassault Systemes SE, Pharmaron Beijing Co Ltd Ordinary Shares - Class H, SGS AG, Worldwide Clinical Trials, Wuxi AppTec Co Ltd, Caidya |
Other key industry trends
- In terms of revenue, Argentina accounted for 1.3% of the global healthcare contract research organization market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil healthcare contract research organization market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,739.0 million by 2030.
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Healthcare Contract Research Organization Market Scope
Healthcare Contract Research Organization Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina healthcare contract research organization 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 contract research organization market will help companies and investors design strategic landscapes.
Clinical was the largest segment with a revenue share of 75.51% in 2023. Horizon Databook has segmented the Argentina healthcare contract research organization market based on drug discovery, pre-clinical, clinical covering the revenue growth of each sub-segment from 2018 to 2030.
Argentina is considered one of the most advanced countries in terms of regulatory legislation in Latin America. It is a lucrative market for CROs due to its favorable regulatory guidelines, high population, cost compliance, and good clinical infrastructure.
The country has aligned regulations of clinical research with international standards & requirements, which permit laboratories to conduct clinical trials on behalf of big pharmaceutical companies in developed countries.
As a result, biotechnology and pharmaceutical companies may begin outsourcing clinical trials in Argentina to capitalize on cost, time, & expertise benefits, as well as increase compliance with international standards, such as the Good Clinical Practices & Good Laboratory Practices.
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Our clientele includes a mix of healthcare contract research organization market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina healthcare contract research organization market , including forecasts for subscribers. This country databook contains high-level insights into Argentina healthcare contract research organization market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina healthcare contract research organization market size, by type, 2018-2030 (US$M)
Argentina Healthcare Contract Research Organization Market Outlook Share, 2023 & 2030 (US$M)
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