Mexico Single-use Bioprocessing Market Size & Outlook
Mexico single-use bioprocessing market, 2018-2030 (US$M)
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Mexico single-use bioprocessing market highlights
- The Mexico single-use bioprocessing market generated a revenue of USD 740.8 million in 2023 and is expected to reach USD 2,144.9 million by 2030.
- The Mexico market is expected to grow at a CAGR of 16.4% 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.
Single-use bioprocessing market data book summary
| Market revenue in 2023 | USD 740.8 million |
| Market revenue in 2030 | USD 2,144.9 million |
| Growth rate | 16.4% (CAGR from 2023 to 2030) |
| Largest segment | Simple & peripheral elements |
| Fastest growing segment | Simple & Peripheral Elements |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Mexico accounted for 2.7% of the global single-use bioprocessing market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil single-use bioprocessing market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 2,144.9 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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Mexico 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 Mexico 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.
Mexico is an emerging market with minimal regulatory convergence agencies that create obstacles for companies to establish their position in the market. Existing biomanufacturing players are adopting single-use processing to accelerate the development of biopharmaceuticals.
For example, ILC Dover LP, a Delaware-based company, announced expansion plans in Juarez, Mexico, in March 2022. The expansion was planned after the successful launch of the company’s liquid single-use bioprocessing bags for biotherapeutics production.
However, the absence of a short approval method restraints the effectiveness of the regulatory process, as a long timeline for clinical trial confirmation creates pressure on the working capital of institutes.
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Target buyers of Mexico 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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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico single-use bioprocessing market , including forecasts for subscribers. This country databook contains high-level insights into Mexico single-use bioprocessing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico single-use bioprocessing market size, by product, 2018-2030 (US$M)
Mexico Single-use Bioprocessing Market Outlook Share, 2023 & 2030 (US$M)
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