Latin America Veterinary Regenerative Medicine Market Size & Outlook
Latin America veterinary regenerative medicine market, 2018-2030 (US$M)
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Latin America veterinary regenerative medicine market highlights
- The Latin America veterinary regenerative medicine market generated a revenue of USD 8.3 million in 2022.
- The market is expected to grow at a CAGR of 12.9% from 2023 to 2030.
- In terms of segment, stem cells was the largest revenue generating product in 2022.
- Other Products 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 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 8.3 million |
| Market revenue in 2030 | USD 22.1 million |
| Growth rate | 12.9% (CAGR from 2022 to 2030) |
| Largest segment | Stem cells |
| Fastest growing segment | Other Products |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Stem cells, Other Products |
| Key market players worldwide | Boehringer Ingelheim, Zoetis Inc Class A, Dechra Pharmaceuticals, Integra Lifesciences Holdings Corp, Ardent Health Services, Vetherapy, VET-STEM INC., Enso Discoveries, Animal Cell Therapies |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.1% of the global veterinary regenerative medicine market in 2022.
- 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 65.2 million by 2030.
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Veterinary Regenerative Medicine Market Scope
Veterinary Regenerative Medicine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America veterinary regenerative medicine 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 veterinary regenerative medicine market will help companies and investors design strategic landscapes.
Stem cells was the largest segment with a revenue share of 53.01% in 2022. Horizon Databook has segmented the Latin America veterinary regenerative medicine market based on stem cells, other products covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of the veterinary regenerative medicine market in Latin America is primarily driven by the increasing number of pets, particularly dogs and cats. Pet owners are now more willing to invest in advanced treatments for their beloved animals, including regenerative therapies.
Additionally, the field of veterinary medicine in Latin America has been advancing, providing veterinarians access to more advanced treatment options. Regenerative medicine is a progressive and effective approach to healing and enhancing animal health. Consequently, several major players in the industry are actively investing in developing new therapies in the region.
Furthermore, investments in research and development are expected to develop new and improved regenerative medicine products that cater to the specific needs of animals in Latin America, potentially driving market growth.
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Target buyers of Latin America veterinary regenerative medicine market databook
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Our clientele includes a mix of veterinary regenerative medicine 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 veterinary regenerative medicine market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America veterinary regenerative medicine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America veterinary regenerative medicine market size, by country, 2018-2030 (US$M)
Latin America Veterinary Regenerative Medicine Market Outlook Share, 2022 & 2030 (US$M)
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