Brazil Laboratory Supplies Market Size & Outlook, 2023-2030
Brazil Laboratory Supplies Market, 2018-2030 (US$M)
Global Market
Related Markets
Brazil laboratory supplies market highlights
- The Brazil laboratory supplies market generated a revenue of USD 746.6 million in 2023 and is expected to reach USD 1,105.3 million by 2030.
- The Brazil market is expected to grow at a CAGR of 5.8% from 2024 to 2030.
- In terms of segment, equipment was the largest revenue generating product in 2023.
- Disposables is the most lucrative product segment registering the fastest growth during the forecast period.
Laboratory supplies market data book summary
| Market revenue in 2023 | USD 746.6 million |
| Market revenue in 2030 | USD 1,105.3 million |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | Equipment |
| Fastest growing segment | Disposables |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Equipment, Disposables |
| Key market players worldwide | Agilent Technologies Inc, Bio-Rad Laboratories Inc, Bruker Corp, Danaher Corp, FUJIFILM Holdings Corp, PerkinElmer, Sartorius AG, Shimadzu Corp, Thermo Fisher Scientific Inc, Waters Corp |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.8% of the global laboratory supplies market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil laboratory supplies market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 399.8 million by 2030.
Brazil has a developing economy, with increasing focus on strengthening research activities. According to UN, the country invested around 1.23% of its total GDP in R&D in 2017. Brazil also has 42 national-level research labs to carry out various advancements in the field of medicine and technology.
There are nearly 12 BSL-3 laboratories handled by the Ministry of Health and nearly 8 BSL-3 laboratories handled by the Ministry of Agriculture. The above factors are anticipated to facilitate market growth. According to Avert, in 2019, nearly 69% of individuals with HIV were on anti-retro viral therapy.
Furthermore, the proportion of new infections has increased by 3% from 2010 to 2017, and HIV accounts for nearly 49% of new infections in Latin America. The country is also battling the Zika virus and the novel coronavirus, with locals being naturally prone to hepatitis A infections.
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Laboratory Supplies Market Scope
Laboratory Supplies Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Shimadzu Corp | View profile | 15,284 | 1, Nishinokyo-Kuwabara-cho, Nakagyo-ku, Kyoto, Japan, 604-8511 | www.shimadzu.com |
| FUJIFILM Holdings Corp | View profile | 83,784 | 7-3, Akasaka 9-chome, Minato-ku, Tokyo, Japan, 107-0052 | www.fujifilmholdings.com |
| Thermo Fisher Scientific Inc | View profile | 122,000 | 168 Third Avenue, Waltham, MA, United States, 02451 | www.thermofisher.com |
| Danaher Corp | View profile | 63,000 | 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 | www.danaher.com |
| Sartorius AG | View profile | 14,338 | Otto-Brenner-Strasse 20, Gottingen, NI, Germany, 37079 | www.sartorius.com |
| Agilent Technologies Inc | View profile | 17,700 | 5301 Stevens Creek Boulevard, Santa Clara, CA, United States, 95051 | www.agilent.com |
| Bio-Rad Laboratories Inc | View profile | 8,030 | 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 | www.bio-rad.com |
| Bruker Corp | View profile | 9,707 | 40 Manning Road, Billerica, MA, United States, 01821 | www.bruker.com |
| Waters Corp | View profile | 7,900 | 34 Maple Street, Milford, MA, United States, 01757 | www.waters.com |
| PerkinElmer | View profile | 10001+ | Waltham, Massachusetts, United States, North America | www.perkinelmer.com |
Brazil Laboratory Supplies 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 Laboratory Supplies Market Outlook will help companies and investors design strategic landscapes.
Equipment was the largest segment with a revenue share of 64.08% in 2023.
Horizon Databook has segmented the Brazil laboratory supplies market based on equipment, disposables covering the revenue growth of each sub-segment from 2018 to 2030.
Brazil has a developing economy, with increasing focus on strengthening research activities. According to UN, the country invested around 1.23% of its total GDP in R&D in 2017. Brazil also has 42 national-level research labs to carry out various advancements in the field of medicine and technology.
There are nearly 12 BSL-3 laboratories handled by the Ministry of Health and nearly 8 BSL-3 laboratories handled by the Ministry of Agriculture. The above factors are anticipated to facilitate market growth. According to Avert, in 2019, nearly 69% of individuals with HIV were on anti-retro viral therapy.
Furthermore, the proportion of new infections has increased by 3% from 2010 to 2017, and HIV accounts for nearly 49% of new infections in Latin America. The country is also battling the Zika virus and the novel coronavirus, with locals being naturally prone to hepatitis A infections.
- Brazil Laboratory Supplies Market Product Outlook (Revenue, USD Million , 2018-2030)
- Equipment
- Disposables
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil Laboratory Supplies Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Brazil Laboratory Supplies Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Brazil Laboratory Supplies Market, 2018-2030 (US$M)
Brazil laboratory supplies market statistics, by product, 2018-2030 (US$M)
