Latin America Large Molecule Bioanalytical Testing Services Market Size & Outlook
Latin America large molecule bioanalytical testing services market, 2018-2030 (US$M)
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Latin America large molecule bioanalytical testing services market highlights
- The Latin America large molecule bioanalytical testing services market generated a revenue of USD 80.6 million in 2021.
- The market is expected to grow at a CAGR of 7.7% from 2022 to 2030.
- In terms of segment, clinical was the largest revenue generating phase in 2021.
- Clinical is the most lucrative phase segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2022 to 2030.
Latin America data book summary
| Market revenue in 2021 | USD 80.6 million |
| Market revenue in 2030 | USD 156.7 million |
| Growth rate | 7.7% (CAGR from 2021 to 2030) |
| Largest segment | Clinical |
| Fastest growing segment | Clinical |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Preclinical, Clinical |
| Key market players worldwide | Labcorp Holdings Inc, IQVIA Holdings Inc, Syneos Health, SGS AG, Toxikon, Intertek Group PLC, Pace Analytical Services, Icon PLC, Charles River Laboratories International Inc, Thermo Fisher Scientific Inc |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.0% of the global large molecule bioanalytical testing services market in 2021.
- 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 509.0 million by 2030.
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Large Molecule Bioanalytical Testing Services Market Scope
Large Molecule Bioanalytical Testing Services Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America large molecule bioanalytical testing 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 large molecule bioanalytical testing services market will help companies and investors design strategic landscapes.
Clinical was the largest segment with a revenue share of 67.12% in 2021. Horizon Databook has segmented the Latin America large molecule bioanalytical testing services market based on preclinical, clinical covering the revenue growth of each sub-segment from 2018 to 2030.
The COVID-19 pandemic has impelled investments on pharmaceutical R&D in the region, boosting market growth. The region is responsible for a decent number of clinical trials. These factors will aid in regional market growth over the forecast period.
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Our clientele includes a mix of large molecule bioanalytical testing 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 large molecule bioanalytical testing services market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America large molecule bioanalytical testing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America large molecule bioanalytical testing services market size, by country, 2018-2030 (US$M)
Latin America Large Molecule Bioanalytical Testing Services Market Outlook Share, 2021 & 2030 (US$M)
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