Latin America Transfection Reagents & Equipment Market Size & Outlook
Latin America transfection reagents & equipment market, 2016-2028 (US$M)
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Latin America transfection reagents & equipment market highlights
- The Latin America transfection reagents & equipment market generated a revenue of USD 56.3 million in 2020.
- The market is expected to grow at a CAGR of 9.3% from 2021 to 2028.
- In terms of segment, reagents was the largest revenue generating product in 2020.
- Equipment is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2021 to 2028.
Latin America data book summary
| Market revenue in 2020 | USD 56.3 million |
| Market revenue in 2028 | USD 114.4 million |
| Growth rate | 9.3% (CAGR from 2020 to 2028) |
| Largest segment | Reagents |
| Fastest growing segment | Equipment |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Reagents, Equipment |
| Key market players worldwide | Thermo Fisher Scientific Inc, Lonza Group Ltd, Qiagen NV, Roche Holding AG ADR, Bio-Rad Laboratories Inc, Merck KGaA, Origin Enterprises PLC, MaxCyte Inc, PromoCell GmbH, Promega, Polyplus-transfection, Horizon Discovery |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.8% of the global transfection reagents & equipment market in 2020.
- Globally, North America is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 412.0 million by 2028.
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Transfection Reagents & Equipment Market Scope
Transfection Reagents & Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America transfection reagents & equipment 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 transfection reagents & equipment market will help companies and investors design strategic landscapes.
Reagents was the largest segment with a revenue share of 55.42% in 2020. Horizon Databook has segmented the Latin America transfection reagents & equipment market based on reagents, equipment covering the revenue growth of each sub-segment from 2016 to 2028.
Application of gene-gun technology in development of genetically modified crops is expected to propel the demand for transfection reagents and equipment in Latin America over the coming years.
There are several benefits associated with the use of gene technology, including the insertion of genes in different species to obtain crops with desired characteristic features.
These advantages are expected to increase the use of transfection reagents and equipment across Latin America in the near future.
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Target buyers of Latin America transfection reagents & equipment market databook
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Our clientele includes a mix of transfection reagents & equipment 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 transfection reagents & equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America transfection reagents & equipment market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America transfection reagents & equipment market size, by country, 2016-2028 (US$M)
Latin America Transfection Reagents & Equipment Market Outlook Share, 2020 & 2028 (US$M)
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