Brazil Mesenchymal Stem Cells Market Size & Outlook
Brazil mesenchymal stem cells market, 2018-2030 (US$M)
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Brazil mesenchymal stem cells market highlights
- The Brazil mesenchymal stem cells market generated a revenue of USD 27.6 million in 2023 and is expected to reach USD 60.6 million by 2030.
- The Brazil market is expected to grow at a CAGR of 11.9% from 2024 to 2030.
- In terms of segment, product was the largest revenue generating product & services in 2023.
- Services is the most lucrative product & services segment registering the fastest growth during the forecast period.
Mesenchymal stem cells market data book summary
| Market revenue in 2023 | USD 27.6 million |
| Market revenue in 2030 | USD 60.6 million |
| Growth rate | 11.9% (CAGR from 2023 to 2030) |
| Largest segment | Product |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Product, Services |
| Key market players worldwide | Thermo Fisher Scientific Inc, STEMCELL Technologies, Merck KGaA, Lonza Group Ltd, PromoCell GmbH, Cyagen Biosciences, Stemedica Cell Technologies, Axol Bioscience, Celprogen, Cellcolabs, Visual Photonics Epitaxy |
Other key industry trends
- In terms of revenue, Brazil accounted for 0.9% of the global mesenchymal stem cells market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil mesenchymal stem cells market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 30.2 million by 2030.
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Mesenchymal Stem Cells Market Scope
Mesenchymal Stem Cells Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil mesenchymal stem cells 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 mesenchymal stem cells market will help companies and investors design strategic landscapes.
Product was the largest segment with a revenue share of 79.71% in 2023. Horizon Databook has segmented the Brazil mesenchymal stem cells market based on product, services covering the revenue growth of each sub-segment from 2018 to 2030.
Over the past decade, there has been significant growth in MSC research in Brazil. Favorable government initiatives, coupled with investments for technological developments in private companies, are anticipated to increase the adoption and use of gene delivery technologies in the country.
In January 2019, the Brazilian regulatory authority, ANVISA, published a new regulatory framework that is anticipated to boost R&D & market approvals for advanced therapy products. Such supportive regulatory policies are anticipated to drive the penetration of MSC products in the country.
According to collaborative research by Brazilian institutions, including the Institute of Advanced Systems in Health, Oswaldo Cruz Foundation, Federal University of Bahia, and AMO Clinic/Etica Institut, in February 2022, the International Society for Stem Cell Research recommended establishing universal standards to control quality in stem cell manufacturing.
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Our clientele includes a mix of mesenchymal stem cells market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil mesenchymal stem cells market , including forecasts for subscribers. This country databook contains high-level insights into Brazil mesenchymal stem cells market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil mesenchymal stem cells market size, by product & services, 2018-2030 (US$M)
Brazil Mesenchymal Stem Cells Market Outlook Share, 2023 & 2030 (US$M)
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