Latin America Irradiation Sterilization Services Market Size & Outlook
Latin America irradiation sterilization services market, 2018-2030 (US$M)
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Latin America irradiation sterilization services market highlights
- The Latin America irradiation sterilization services market generated a revenue of USD 185.6 million in 2023.
- The market is expected to grow at a CAGR of 9.9% from 2024 to 2030.
- In terms of segment, medical instruments was the largest revenue generating application in 2023.
- Medical Instruments is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 185.6 million |
| Market revenue in 2030 | USD 359.0 million |
| Growth rate | 9.9% (CAGR from 2023 to 2030) |
| Largest segment | Medical instruments |
| Fastest growing segment | Medical Instruments |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Medical Instruments, Drug, Food & Laboratory, Others (Packaging materials, Horticultural supplies, Cosmetic) |
| Key market players worldwide | Steris PLC, Stryker Corp, Ionisos, E-BEAM Services, Röchling Group, Swann-Morton Ltd, Scapa Healthcare, Sterigenics, Beta Gamma Service |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.1% of the global irradiation sterilization services 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 835.0 million by 2030.
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Irradiation Sterilization Services Market Scope
Irradiation Sterilization Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America irradiation sterilization services 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 irradiation sterilization services market will help companies and investors design strategic landscapes.
Medical instruments was the largest segment with a revenue share of 31.36% in 2023. Horizon Databook has segmented the Latin America irradiation sterilization services market based on medical instruments, drug, food & laboratory, others (packaging materials, horticultural supplies, cosmetic) covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of irradiation sterilization services market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America irradiation sterilization services market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America irradiation sterilization services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America irradiation sterilization services market report size, by country, 2018-2030 (US$M)
Latin America Irradiation Sterilization Services Market Share, 2023 & 2030 (US$M)
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