Latin America Oncology Based In-vivo Cro Market Size & Outlook

The oncology based in-vivo cro market in Latin America is expected to reach a projected revenue of US$ 76.3 million by 2030. A compound annual growth rate of 8.9% is expected of Latin America oncology based in-vivo cro market from 2024 to 2030.
Revenue, 2023 (US$M)
$42.0
Forecast, 2030 (US$M)
$76.3
CAGR, 2024 - 2030
8.9%
Report Coverage
Latin America

Latin America oncology based in-vivo cro market highlights

  • The Latin America oncology based in-vivo cro market generated a revenue of USD 42.0 million in 2023.
  • The market is expected to grow at a CAGR of 8.9% from 2024 to 2030.
  • In terms of segment, solid tumor was the largest revenue generating indication in 2023.
  • Solid Tumor is the most lucrative indication segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.


Latin America data book summary

Market revenue in 2023USD 42.0 million
Market revenue in 2030USD 76.3 million
Growth rate8.9% (CAGR from 2023 to 2030)
Largest segmentSolid tumor
Fastest growing segmentSolid Tumor
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBlood Cancer, Solid Tumor
Key market players worldwideCharles River Laboratories International Inc, Icon PLC, Thermo Fisher Scientific Inc, Eurofins Scientific SE, Labcorp Holdings Inc, Wuxi AppTec Co Ltd, Evotec SE, Taconic Biosciences, The Jackson Laboratory


Other key industry trends

  • In terms of revenue, Latin America region accounted for 3.2% of the global oncology based in-vivo cro 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 245.2 million by 2030.

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Oncology Based In-vivo CRO Market Scope

Oncology based in-vivo cro market segmentation & scope
Countries
Mexico
UK
France
Italy
Spain
Denmark
Sweden
Norway
India
South Korea
Australia
Thailand
UAE
Kuwait

Oncology Based In-vivo CRO Market Companies

Name Profile # Employees HQ Website

Latin America oncology based in-vivo cro 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 oncology based in-vivo cro market will help companies and investors design strategic landscapes.


Solid tumor was the largest segment with a revenue share of 47.14% in 2023. Horizon Databook has segmented the Latin America oncology based in-vivo cro market based on blood cancer, solid tumor covering the revenue growth of each sub-segment from 2018 to 2030.


The market in Latin America is expected to witness lucrative growth over the forecast period. Increasing government spending, ad initiatives by the WHO and government are expected to boost market growth in Latin America. Several organizations in this region are striving to carry out quality clinical research. 

The Latin American government faced many challenges as it is catering to a huge population with vast income disparities. For instance, Brazil possesses some of the region's most renowned healthcare institutions, but a major part of its public healthcare system suffers from poor planning and understaffing.

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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America oncology based in-vivo cro market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America oncology based in-vivo cro market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America oncology based in-vivo cro market size, by country, 2018-2030 (US$M)

Latin America Oncology Based In-vivo CRO Market Outlook Share, 2023 & 2030 (US$M)

Latin America oncology based in-vivo cro market size, by country, 2018-2030 (US$M)

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