Brazil Cell & Gene Therapy Bioanalytical Testing Services Market Size & Outlook
The cell & gene therapy bioanalytical testing services market in Brazil is expected to reach a projected revenue of US$ 20.8 million by 2030. A compound annual growth rate of 7.9% is expected of Brazil cell & gene therapy bioanalytical testing services market from 2024 to 2030.
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Cell & Gene Therapy Bioanalytical Testing Services Market Outlook
Brazil cell & gene therapy bioanalytical testing services market highlights
The Brazil cell & gene therapy bioanalytical testing services market generated a revenue of USD 12.2 million in 2023 and is expected to reach USD 20.8 million by 2030.
The Brazil market is expected to grow at a CAGR of 7.9% from 2024 to 2030.
In terms of segment, bioavailability & bioequivalence studies was the largest revenue generating test type in 2023.
Bioavailability & Bioequivalence Studies is the most lucrative test type segment registering the fastest growth during the forecast period.
Cell & gene therapy bioanalytical testing services market data book summary
Market revenue in 2023
USD 12.2 million
Market revenue in 2030
USD 20.8 million
Growth rate
7.9% (CAGR from 2023 to 2030)
Largest segment
Bioavailability & bioequivalence studies
Fastest growing segment
Bioavailability & Bioequivalence Studies
Historical data
2018 - 2022
Base year
2023
Forecast period
2024 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Bioavailability & Bioequivalence Studies, Pharmacokinetics, Pharmacodynamics, Other test type
Key market players worldwide
IQVIA Holdings Inc, Labcorp Holdings Inc, Thermo Fisher Scientific Inc, Pharmaron Beijing Co Ltd Ordinary Shares - Class H, Charles River Laboratories International Inc, Syneos Health, Intertek Group PLC
Other key industry trends
In terms of revenue, Brazil accounted for 2.4% of the global cell & gene therapy bioanalytical testing services market in 2023.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Latin America, Brazil cell & gene therapy bioanalytical testing services market is projected to lead the regional market in terms of revenue in 2030.
Brazil is the fastest growing regional market in Latin America and is projected to reach USD 20.8 million by 2030.
Brazil is currently the first Latin American country to authorize gene therapy product marketing. More specifically, Novartis' gene therapy drugs Luxturna and Zolgensma were given marketing approval by the Brazilian Health Regulatory Agency (ANVISA) in September 2020.
Luxturna received its marketing authorization on August 6, 2020, as stated in the Brazilian Federal Register. A few days later, on 17 August 2020, Zolgensma received its marketing authorization. Both products had been approved by the Brazilian Technical Commission of Biosafety (CTNBio), which is responsible for assessing the biosafety of Genetically Modified Organisms (GMOs) in Brazil, prior to ANVISA's final opinions.
Moreover, bioanalytical testing services for cell and gene therapy are anticipated to grow in the country due to the strong growth and innovation in the biologics industry as well as the expanding biopharmaceutical market.
Brazil Cell & Gene Therapy Bioanalytical Testing Services 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 Cell & Gene Therapy Bioanalytical Testing Services Market Outlook will help companies and investors design strategic landscapes.
Bioavailability & Bioequivalence Studies was the largest segment with a revenue share of 35.25% in 2023.
Horizon Databook has segmented the Brazil cell & gene therapy bioanalytical testing services market based on bioavailability & bioequivalence studies, pharmacokinetics, pharmacodynamics, other test type covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil is currently the first Latin American country to authorize gene therapy product marketing. More specifically, Novartis' gene therapy drugs Luxturna and Zolgensma were given marketing approval by the Brazilian Health Regulatory Agency (ANVISA) in September 2020.
Luxturna received its marketing authorization on August 6, 2020, as stated in the Brazilian Federal Register. A few days later, on 17 August 2020, Zolgensma received its marketing authorization. Both products had been approved by the Brazilian Technical Commission of Biosafety (CTNBio), which is responsible for assessing the biosafety of Genetically Modified Organisms (GMOs) in Brazil, prior to ANVISA's final opinions.
Moreover, bioanalytical testing services for cell and gene therapy are anticipated to grow in the country due to the strong growth and innovation in the biologics industry as well as the expanding biopharmaceutical market.
Brazil Cell & Gene Therapy Bioanalytical Testing Services Market Indication Outlook (Revenue, USD million , 2018-2030)
Infectious Diseases
Rare Diseases
Oncology
Others
Neurological disorders
Brazil Cell & Gene Therapy Bioanalytical Testing Services Market Test Type Outlook (Revenue, USD million , 2018-2030)
Other test type
Pharmacodynamics
Bioavailability & Bioequivalence Studies
Pharmacokinetics
Brazil Cell & Gene Therapy Bioanalytical Testing Services Market Product Outlook (Revenue, USD million , 2018-2030)
Cell Therapy
Gene-Modified Cell Therapy
Gene Therapy
Brazil Cell & Gene Therapy Bioanalytical Testing Services Market Stage of Development Outlook (Revenue, USD million , 2018-2030)
Clinical
Non-Clinical
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil Cell & Gene Therapy Bioanalytical Testing Services Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Brazil Cell & Gene Therapy Bioanalytical Testing Services Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Brazil Cell Gene Therapy Bioanalytical Testing Services Market, 2018-2030 (US$M)