By 2027, the forecast value of the bioreactors market in Latin America is expected to rise to over 211 million U.S. dollars, an increase of 41 percent from 149.6 million U.S. dollars in 2022. In 2021, Brazil's pharmaceutical industry generated around 22 billion U.S. dollars, making it the largest pharmaceutical market in Latin America.
Value of the bioreactors market in Latin America from 2022 to 2027
(in million U.S. dollars)
This Statista estimate is based on the calculated 2022 value and the compound annual growth rate until 2027 of 7.13%, which were provided by the source. An exponential development of the value was assumed.
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Statista. (May 11, 2023). Value of the bioreactors market in Latin America from 2022 to 2027 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/826144/bioreactors-market-value-latin-america/
Statista. "Value of the bioreactors market in Latin America from 2022 to 2027 (in million U.S. dollars)." Chart. May 11, 2023. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/826144/bioreactors-market-value-latin-america/
Statista. (2023). Value of the bioreactors market in Latin America from 2022 to 2027 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/826144/bioreactors-market-value-latin-america/
Statista. "Value of The Bioreactors Market in Latin America from 2022 to 2027 (in Million U.S. Dollars)." Statista, Statista Inc., 11 May 2023, https://www.statista.com/statistics/826144/bioreactors-market-value-latin-america/
Statista, Value of the bioreactors market in Latin America from 2022 to 2027 (in million U.S. dollars) Statista, https://www.statista.com/statistics/826144/bioreactors-market-value-latin-america/ (last visited December 30, 2024)
Value of the bioreactors market in Latin America from 2022 to 2027 (in million U.S. dollars) [Graph], Statista, May 11, 2023. [Online]. Available: https://www.statista.com/statistics/826144/bioreactors-market-value-latin-america/
