Market revenue in 2023 | USD 601.0 million |
Market revenue in 2030 | USD 1,113.5 million |
Growth rate | 9.2% (CAGR from 2023 to 2030) |
Largest segment | Therapeutics |
Fastest growing segment | Banks |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Therapeutics, Tools, Banks, Services |
Key market players worldwide | AstraZeneca PLC, Roche Holding AG, Integra Lifesciences Holdings Corp, Astellas Pharma Inc, Cook Group, Bayer AG, Pfizer Inc, Merck KGaA, Abbott Laboratories, Vericel Corp, Novartis AG ADR, GlaxoSmithKline |
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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 regenerative medicine market will help companies and investors design strategic landscapes.
Therapeutics was the largest segment with a revenue share of 76.77% in 2023. Horizon Databook has segmented the Latin America regenerative medicine market based on therapeutics, tools, banks, services covering the revenue growth of each sub-segment from 2018 to 2030.
The incidence of cancer is growing in this region; however, cancer profiles differ from those in other Western nations. The growing prevalence of cancer is expected to positively influence the regional market over the forecast period. Moreover, rising demand for personalized healthcare and growing efforts from manufacturers to boost the adoption of gene therapies in the management of chronic conditions are fueling regional market growth.
Furthermore, several review articles have been published wherein scientists from Mexico, Uruguay, Brazil, Chile, and Argentina have shared their views on regenerative medicine and cell therapy research in each of their countries. Key initiatives adopted in these countries for the promotion of regenerative medicine research are also illustrated in these articles. This, in turn, is expected to boost the development as well as the adoption of regenerative medicine in the region.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America regenerative medicine market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America regenerative medicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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