Latin America Scaffold Technology Market Size & Outlook
Latin America scaffold technology market, 2018-2030 (US$M)
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Latin America scaffold technology market highlights
- The Latin America scaffold technology market generated a revenue of USD 130.5 million in 2023.
- The market is expected to grow at a CAGR of 14.4% from 2024 to 2030.
- In terms of segment, hydrogels was the largest revenue generating type in 2023.
- Nanofiber Based Scaffolds is the most lucrative type 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 130.5 million |
| Market revenue in 2030 | USD 334.5 million |
| Growth rate | 14.4% (CAGR from 2023 to 2030) |
| Largest segment | Hydrogels |
| Fastest growing segment | Nanofiber Based Scaffolds |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hydrogels, Polymeric Scaffolds, Micropatterned Surface Microplates, Nanofiber Based Scaffolds |
| Key market players worldwide | Thermo Fisher Scientific Inc, Merck KGaA, Tecan Group AG, Becton Dickinson & Co, Medtronic PLC, Matricelf Ltd, Corning Inc, Avacta Group PLC, Vericel Corp, NuVasive, Allergan, ReproCELL, 3D Biotek, Xanofi, Molecular Matrix, Pelo Biotech, Azenta Life Sciences, Akron Biotechnology |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.6% of the global scaffold technology 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 1,019.7 million by 2030.
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Scaffold Technology Market Scope
Scaffold Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America scaffold technology 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 scaffold technology market will help companies and investors design strategic landscapes.
Hydrogels was the largest segment with a revenue share of 41.38% in 2023. Horizon Databook has segmented the Latin America scaffold technology market based on hydrogels, polymeric scaffolds, micropatterned surface microplates, nanofiber based scaffolds covering the revenue growth of each sub-segment from 2018 to 2030.
Scaffold technology has received major attention worldwide due to the ability of 3D cell cultures to provide physiologically relevant information to biologists. Although development in this region is considerably low, increasing awareness among market players has led to an increase in demand for scaffold technologies in cell culture in this region.
The lack of skilled personnel and expertise in the region further restricts growth. However, countries such as Brazil, Argentina, Chile, and Uruguay are expected to contribute toward development, owing to gradual increase in number of cell culture labs in these countries.
Argentina is also experiencing significant growth in the number of researchers in public and private organizations conducting studies in stem cells and regenerative medicine.
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Our clientele includes a mix of scaffold technology market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America scaffold technology market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America scaffold technology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America scaffold technology market size, by country, 2018-2030 (US$M)
Latin America Scaffold Technology Market Outlook Share, 2023 & 2030 (US$M)
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