Mexico Single-use Bioprocessing Probes And Sensors Market Size & Outlook
Mexico single-use bioprocessing probes and sensors market, 2018-2030 (US$M)
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Mexico single-use bioprocessing probes and sensors market highlights
- The Mexico single-use bioprocessing probes and sensors market generated a revenue of USD 80.9 million in 2023 and is expected to reach USD 210.4 million by 2030.
- The Mexico market is expected to grow at a CAGR of 14.6% from 2024 to 2030.
- In terms of segment, ph sensor was the largest revenue generating type in 2023.
- PH Sensor is the most lucrative type segment registering the fastest growth during the forecast period.
Single-use bioprocessing probes and sensors market data book summary
| Market revenue in 2023 | USD 80.9 million |
| Market revenue in 2030 | USD 210.4 million |
| Growth rate | 14.6% (CAGR from 2023 to 2030) |
| Largest segment | Ph sensor |
| Fastest growing segment | PH Sensor |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PH Sensor, Oxygen Sensors, Pressure Sensors, Temperature Sensors, Conductivity Sensors, Flow Meter & Sensors, Other Sensors |
| Key market players worldwide | Thermo Fisher Scientific Inc, Sartorius AG, Danaher Corp, Alphabet Inc Class C, Booz Allen Hamilton Holding Corp Class A, Compagnie de Saint-Gobain SA, Parker Hannifin Corp, Dover Corp |
Other key industry trends
- In terms of revenue, Mexico accounted for 2.7% of the global single-use bioprocessing probes and sensors 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 probes and sensors 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 210.4 million by 2030.
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Single-use Bioprocessing Probes And Sensors Market Scope
Single-use Bioprocessing Probes And Sensors Market Companies
| Name | Profile | # Employees | HQ | Website |
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Mexico single-use bioprocessing probes and sensors 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 probes and sensors market will help companies and investors design strategic landscapes.
Ph sensor was the largest segment with a revenue share of 20.27% in 2023. Horizon Databook has segmented the Mexico single-use bioprocessing probes and sensors market based on ph sensor, oxygen sensors, pressure sensors, temperature sensors, conductivity sensors, flow meter & sensors, other sensors 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. The evolution in regulation is reflected in the growth rates of the single-use bioprocessing market.
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Our clientele includes a mix of single-use bioprocessing probes and sensors 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 probes and sensors market , including forecasts for subscribers. This country databook contains high-level insights into Mexico single-use bioprocessing probes and sensors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico single-use bioprocessing probes and sensors market size, by type, 2018-2030 (US$M)
Mexico Single-use Bioprocessing Probes And Sensors Market Outlook Share, 2023 & 2030 (US$M)
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