Brazil Healthcare Contract Research Organization Market Size & Outlook
Brazil healthcare contract research organization market, 2018-2030 (US$M)
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Brazil healthcare contract research organization market highlights
- The Brazil healthcare contract research organization market generated a revenue of USD 1,145.0 million in 2023 and is expected to reach USD 1,739.0 million by 2030.
- The Brazil market is expected to grow at a CAGR of 6.2% 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 1,145.0 million |
| Market revenue in 2030 | USD 1,739.0 million |
| Growth rate | 6.2% (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, Brazil accounted for 2.3% 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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Brazil 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 75.84% in 2023. Horizon Databook has segmented the Brazil healthcare contract research organization market based on drug discovery, pre-clinical, clinical covering the revenue growth of each sub-segment from 2018 to 2030.
The healthcare CRO market is a significant and a growing industry, with a high degree of innovation and increasing adoption of advanced technologies.
In Brazil, the healthcare CRO market is significantly impacted by the growing investment in R&D initiatives, a tendency to outsource tasks due to time & cost considerations, and the expiration of patents on blockbuster drugs. Bureaucracy is the greatest challenge in Brazil.
Hence, Techtrials set up its plant in the U.S., going the other way round, which was easier. With increasing potential trials in the CRO market, the Brazilian Health Ministry is making new amendments.
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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 Brazil healthcare contract research organization market , including forecasts for subscribers. This country databook contains high-level insights into Brazil healthcare contract research organization market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil healthcare contract research organization market size, by type, 2018-2030 (US$M)
Brazil Healthcare Contract Research Organization Market Outlook Share, 2023 & 2030 (US$M)
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