Latin America Toxicity Testing Outsourcing Market Size & Outlook
Latin America toxicity testing outsourcing market, 2018-2030 (US$M)
Latin America toxicity testing outsourcing market highlights
- The Latin America toxicity testing outsourcing market generated a revenue of USD 153.1 million in 2023.
- The market is expected to grow at a CAGR of 8.6% from 2024 to 2030.
- In terms of segment, in vitro was the largest revenue generating method in 2023.
- In vitro is the most lucrative method segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 153.1 million |
| Market revenue in 2030 | USD 273.1 million |
| Growth rate | 8.6% (CAGR from 2023 to 2030) |
| Largest segment | In vitro |
| Fastest growing segment | In vitro |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | In vitro |
| Key market players worldwide | Eurofins Scientific SE, SGS AG, Charles River Laboratories International Inc, Thermo Fisher Scientific Inc, Intertek Group PLC, Catalent Inc, Icon PLC, Medpace Holdings Inc, Labcorp Drug Development, Wuxi AppTec Co Ltd |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.3% of the global toxicity testing outsourcing 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 1,306.1 million by 2030.
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Toxicity Testing Outsourcing Market Scope
Toxicity Testing Outsourcing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America toxicity testing outsourcing 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 toxicity testing outsourcing market will help companies and investors design strategic landscapes.
In vitro was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America toxicity testing outsourcing market based on in vitro covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of toxicity testing outsourcing 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 toxicity testing outsourcing market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America toxicity testing outsourcing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America toxicity testing outsourcing market
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