Latin America Organ On A Chip Market Size & Outlook
Latin America organ on a chip market, 2018-2030 (US$M)
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Latin America organ on a chip market highlights
- The Latin America organ on a chip market generated a revenue of USD 3.7 million in 2023.
- The market is expected to grow at a CAGR of 19.5% from 2024 to 2030.
- In terms of segment, services was the largest revenue generating product & service in 2023.
- Product is the most lucrative product & service 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 2023 | USD 3.7 million |
| Market revenue in 2030 | USD 12.7 million |
| Growth rate | 19.5% (CAGR from 2023 to 2030) |
| Largest segment | Services |
| Fastest growing segment | Product |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Services, Product |
| Key market players worldwide | Emulate, Mimetas, Valo Health, Nortis, AxoSim, BICO, CN Bio, SynVivo, Draper, AlveoliX AG |
Other key industry trends
- In terms of revenue, Latin America region accounted for 3.1% of the global organ on a chip market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- North America is the fastest growing regional market and is projected to reach USD 554.1 million by 2030.
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Organ On A Chip Market Scope
Organ On A Chip Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America organ on a chip 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 organ on a chip market will help companies and investors design strategic landscapes.
Services was the largest segment with a revenue share of 51.35% in 2024. Horizon Databook has segmented the Latin America organ on a chip market based on services, product covering the revenue growth of each sub-segment from 2018 to 2030.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America organ on a chip market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America organ on a chip market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America organ on a chip market report size, by country, 2018-2030 (US$M)
Latin America Organ On A Chip Market Share, 2024 & 2030 (US$M)
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