Latin America Research Antibodies Market Size & Outlook
Latin America research antibodies market, 2018-2030 (US$M)
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Latin America research antibodies market highlights
- The Latin America research antibodies market generated a revenue of USD 97.4 million in 2023.
- The market is expected to grow at a CAGR of 4.1% from 2024 to 2030.
- In terms of segment, primary was the largest revenue generating product in 2023.
- Primary is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 97.4 million |
| Market revenue in 2030 | USD 128.7 million |
| Growth rate | 4.1% (CAGR from 2023 to 2030) |
| Largest segment | Primary |
| Fastest growing segment | Primary |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Primary, Secondary |
| Key market players worldwide | Abcam PLC, Merck KGaA, Thermo Fisher Scientific Inc, Cell Signaling Technology, PerkinElmer, Becton Dickinson & Co, Bio-Techne Corp, Proteintech Group |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.1% of the global research antibodies 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 517.4 million by 2030.
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Research Antibodies Market Scope
Research Antibodies Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America research antibodies 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 research antibodies market will help companies and investors design strategic landscapes.
Primary was the largest segment with a revenue share of 71.87% in 2023. Horizon Databook has segmented the Latin America research antibodies market based on primary, secondary covering the revenue growth of each sub-segment from 2018 to 2030.
Latin American region consists of key countries such as Brazil and Mexico. Rapidly developing economies and healthcare infrastructure in this region are the major factors expected to propel the overall Latin America research antibodies market during the forecast period.
In addition, availability of advanced diagnostics and therapeutic treatments at lesser costs as compared to other developed regions is making Brazil & Mexico opportunistic for medical tourism, which is expected to drive the demand for advanced research antibodies products for diagnostics and therapeutics applications.
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Target buyers of Latin America research antibodies market databook
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Our clientele includes a mix of research antibodies market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 continent-level data and insights on the Latin America research antibodies market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America research antibodies market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America research antibodies market size, by country, 2018-2030 (US$M)
Latin America Research Antibodies Market Outlook Share, 2023 & 2030 (US$M)
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