Latin America Human Liver Model Market Size & Outlook
The human liver model market in Latin America is expected to reach a projected revenue of US$ 104.1 million by 2030. A compound annual growth rate of 12.5% is expected of Latin America human liver model market from 2024 to 2030.
Revenue, 2023 (US$M)
$45.5
Forecast, 2030 (US$M)
$104.1
CAGR, 2024 - 2030
12.6%
Report Coverage
Latin America
Latin America human liver model market, 2018-2030 (US$M)
Latin America human liver model market highlights
- The Latin America human liver model market generated a revenue of USD 45.5 million in 2023.
- The market is expected to grow at a CAGR of 12.5% from 2024 to 2030.
- In terms of segment, 2d models was the largest revenue generating product in 2023.
- 2D Models is the most lucrative product segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 45.5 million |
| Market revenue in 2030 | USD 104.1 million |
| Growth rate | 12.5% (CAGR from 2023 to 2030) |
| Largest segment | 2d models |
| Fastest growing segment | 2D Models |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 2D Models |
| Key market players worldwide | ATCC, Merck KGaA, AcceGen Biotech, ZenBio, Organovo Holdings Inc, Arsenal Capital Partners, Emulate, Mimetas, CN Bio |
Other key industry trends
- In terms of revenue, Latin America region accounted for 3.8% of the global human liver model 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 732.5 million by 2030.
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Human Liver Model Market Scope
Human liver model market segmentation & scope
Primary Cells
3D Models
Liver on Chip
Organoids
Spheroids
Other 3D Models
Application
ADME Studies
Toxicology Testing
Disease Modelling
Other Application
End Use
Academic & Research Institutes
Pharmaceutical & Biotechnology Companies
Contract Research Organizations
Countries
U.S.
Canada
Mexico
Germany
UK
France
Italy
Spain
Denmark
Sweden
Norway
China
Japan
India
South Korea
Australia
Thailand
Brazil
Argentina
South Africa
Saudi Arabia
UAE
Kuwait
Human Liver Model Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America human liver model market
Related regional statistics
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