Latin America Single-use Bioprocessing Market Size & Outlook
Latin America single-use bioprocessing market, 2018-2030 (US$M)
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Latin America single-use bioprocessing market highlights
- The Latin America single-use bioprocessing market generated a revenue of USD 2,752.6 million in 2023.
- The market is expected to grow at a CAGR of 15.6% from 2024 to 2030.
- In terms of segment, simple & peripheral elements was the largest revenue generating product in 2023.
- Simple & Peripheral Elements 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 2,752.6 million |
| Market revenue in 2030 | USD 7,572.6 million |
| Growth rate | 15.6% (CAGR from 2023 to 2030) |
| Largest segment | Simple & peripheral elements |
| Fastest growing segment | Simple & Peripheral Elements |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Simple & Peripheral Elements, Apparatus & Plants, Work Equipment |
| Key market players worldwide | Sartorius AG, Danaher Corp, Thermo Fisher Scientific Inc, Merck KGaA, Avantor Inc, Eppendorf, Corning Inc, Lonza Group Ltd, PBS Biotech, Meissner |
Other key industry trends
- In terms of revenue, Latin America region accounted for 9.8% of the global single-use bioprocessing 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 24,569.6 million by 2030.
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Single-use Bioprocessing Market Scope
Single-use Bioprocessing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America single-use bioprocessing 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 single-use bioprocessing market will help companies and investors design strategic landscapes.
Simple & peripheral elements was the largest segment with a revenue share of 49.47% in 2023. Horizon Databook has segmented the Latin America single-use bioprocessing market based on simple & peripheral elements, apparatus & plants, work equipment covering the revenue growth of each sub-segment from 2018 to 2030.
The improving GDP and increasing developments by major market players in Latin America are anticipated to boost regional market growth.
Increasing usage of single-use technology among contract service providers is expected to play a key role in reshaping the single-use bioprocessing landscape in Latin America (LATAM).
Furthermore, presence of international companies, such as Catalent, Inc., in LATAM countries that has incorporated disposables in their plants is expected to bolster the regional growth in the coming years.
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Target buyers of Latin America single-use bioprocessing market databook
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Our clientele includes a mix of single-use bioprocessing 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America single-use bioprocessing market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America single-use bioprocessing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America single-use bioprocessing market size, by country, 2018-2030 (US$M)
Latin America Single-use Bioprocessing Market Outlook Share, 2023 & 2030 (US$M)
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