Brazil Laboratory Supplies Market Size & Outlook
Brazil laboratory supplies market, 2018-2030 (US$M)
Related Markets
Brazil laboratory supplies market highlights
- The Brazil laboratory supplies market generated a revenue of USD 746.6 million in 2023 and is expected to reach USD 1,105.3 million by 2030.
- The Brazil market is expected to grow at a CAGR of 5.8% from 2024 to 2030.
- In terms of segment, equipment was the largest revenue generating product in 2023.
- Disposables is the most lucrative product segment registering the fastest growth during the forecast period.
Laboratory supplies market data book summary
| Market revenue in 2023 | USD 746.6 million |
| Market revenue in 2030 | USD 1,105.3 million |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | Equipment |
| Fastest growing segment | Disposables |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Equipment, Disposables |
| Key market players worldwide | Agilent Technologies Inc, Bio-Rad Laboratories Inc, Bruker Corp, Danaher Corp, FUJIFILM Holdings Corp, PerkinElmer, Sartorius AG, Shimadzu Corp, Thermo Fisher Scientific Inc, Waters Corp |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.8% of the global laboratory supplies market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil laboratory supplies market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 399.8 million by 2030.
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Laboratory Supplies Market Scope
Laboratory Supplies Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil laboratory supplies 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 laboratory supplies market will help companies and investors design strategic landscapes.
Equipment was the largest segment with a revenue share of 64.08% in 2023. Horizon Databook has segmented the Brazil laboratory supplies market based on equipment, disposables covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil has a developing economy, with increasing focus on strengthening research activities. According to UN, the country invested around 1.23% of its total GDP in R&D in 2017. Brazil also has 42 national-level research labs to carry out various advancements in the field of medicine and technology.
There are nearly 12 BSL-3 laboratories handled by the Ministry of Health and nearly 8 BSL-3 laboratories handled by the Ministry of Agriculture. The above factors are anticipated to facilitate market growth. According to Avert, in 2019, nearly 69% of individuals with HIV were on anti-retro viral therapy.
Furthermore, the proportion of new infections has increased by 3% from 2010 to 2017, and HIV accounts for nearly 49% of new infections in Latin America. The country is also battling the Zika virus and the novel coronavirus, with locals being naturally prone to hepatitis A infections.
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Our clientele includes a mix of laboratory supplies 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 laboratory supplies market , including forecasts for subscribers. This country databook contains high-level insights into Brazil laboratory supplies market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil laboratory supplies market size, by product, 2018-2030 (US$M)
Brazil Laboratory Supplies Market Outlook Share, 2023 & 2030 (US$M)
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