South & Central America Decapping System Market Forecast to 2028

South & Central America Decapping System Market Forecast to 2028

South & Central America Decapping System Market Forecast to 2028 – Regional Analysis – by Type (Manual, Semi-Automated, and Automated), Application (Tubes and Vials), and End User (Pharmaceutical and Biotech Industry, CDMOs/CROs, and Others)

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Description

The South & Central America decapping system market is expected to grow from US$ 11.62 million in 2022 to US$ 15.07 million by 2028. It is estimated to grow at a CAGR of 4.4% from 2022 to 2028.

Technological Advancements for Decapping Specimen Collection Tubes Fuels South & Central America Decapping System Market

Various companies are developing innovative technologies for decapping of specimen collection tubes. The Pluggo decapper is one example where an automated system is utilized to safely remove stoppers from the standard vacuum blood collection tubes. Additionally, Aim Lab Automation Technologies (Aim Lab), a pioneer in manufacturing specialist laboratory automation robotics, assists in managing a large number of samples before analysis across industrial and pathological laboratories. The company’s Tube Decapper Module is an example of technology used to automate the pre-analytical function of decapping a specimen collection tube to incorporate an in-vitro diagnostic (IVD) analyzer or automation system by eliminating complexity. The Tube Decapper Module is fully electric and compact, designed explicitly for decapping a wide range of sample collection tubes comprising screw caps, push-on caps, and conventional rubber bungs that are generally incapable of decapping through commercially available decappers. BD, Greiner, and Sarsedt are a few manufacturers that have decapped tubes from Aim Lab. Such technological advancements will provide lucrative opportunities for the decapping system market during the forecast period.

South & Central America Decapping System Market Overview

The South & Central America decapping system market is segmented into Brazil, Argentina, and the Rest of South & Central America. The market growth is attributed to the growing pharmaceutical industries and increasing clinical trials in South & Central America. Brazil is accounted the largest share in the South & Central America decapping system market. Moreover, according to the Brazilian Association of Generic Medicines Industries (PróGenlicos) and FarmaBrasil Group (GFB), the country can produce ~75% of the total demand for medicines. This is expected to increase the demand for pharmaceutical intermediates in the country. In addition, the pharmaceutical companies operating in the country associated with FarmaBrasil Group are committed to producing medicines domestically through the Partnerships for Productive Development (PDPs). Thus, such strategic activities to promote domestic production are expected to boost the demand for laboratory instruments, which is likely to fuel the decapping system market growth.

South & Central America Decapping System Market Revenue and Forecast to 2028 (US$ Million)

South & Central America Decapping System Market Segmentation

The South & Central America decapping system market is segmented into type, application, end user, and country.

Based on type, the South & Central America decapping system market is segmented into manual, semi-automated, and automated. The automated segment held the largest share of the South & Central America decapping system market in 2022.

Based on application, the South & Central America decapping system market is segmented into tubes and vials. The tubes segment held a larger share of the South & Central America decapping system market in 2022.

Based on end user, the South & Central America decapping system market is segmented into pharmaceutical and biotech industry, CDMOs/CROs, and others. The pharmaceutical and biotech industry segment held the largest share of the South & Central America decapping system market in 2022.

Based on country, the South & Central America decapping system market is segmented into Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the share of the South & Central America decapping system market in 2022.

Hamilton Co, Micronic Holding BV, Sarstedt AG & Co KG, and Thermo Fisher Scientific Inc are some of the leading companies operating in the South & Central America decapping system market.

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At 4.4% CAGR, the South & Central America Decapping System Market is speculated to be worth US$ 15.07 million by 2028, says the research team

According to the research team Market research, the South & Central America decapping system market was valued at US$ 11.62 million in 2022 and is expected to reach US$ 15.07 million by 2028, registering a CAGR of 4.4% from 2022 to 2028. Accelerated demand for vaccine egg decapper in process industry and innovative product launches are the critical factors attributed to the South & Central America decapping system market expansion.

Medical device companies focus on developing and launching new products and obtaining approvals from corresponding regulatory bodies. A few of the recent developments in the decapping system market are mentioned below: In July 2022, Rhinostics and Azenta Life Sciences announced a new product launch of “RHINOstic Automated Swab and IntelliXcap Automated Screw Cap Decapper/Recapper 96-format” through a joint venture. By using Azenta’s decapper technology, the laboratories can benefit from an instantly scalable automated swab processing workflow. Also, the IntelliXcap, in combination with RHINOstic Automated Swab, increases output by decreasing the turnaround times with per-test cost for laboratories using swab collection for COVID-19, multi-analyte respiratory panels, sexually transmitted diseases, and genetic testing. In February 2022, Hamilton Company announced the launch of a new product, “LabElite Handheld DeCapper,” providing a rapid and repeatable decapping and capping of 48 and 96-format racked tubes. The new product is a semi-automated device that bridges the gap between manual and fully automated sample decapping tasks intended for significant efficiencies with less physical strain. Therefore, increasing product developments, launches, and approvals by the market players are accelerating the South & Central America decapping system market expansion.

On the contrary, technical errors and repetitive manual tasks associated with dapping system hampers the South & Central America decapping system market.

Based on type, the South & Central America decapping system market is segmented into manual, semi-automated, and automated. The automated segment held 57.4% share of South & Central America decapping system market in 2022, amassing US$ 6.67 million. It is projected to garner US$ 8.92 million by 2028 to expand at 5.0% CAGR during 2022–2028.

Based on application, the South & Central America decapping system market is segmented into tubes and vials. The tubes segment held 88.3% share of South & Central America decapping system market in 2022, amassing US$ 10.26 million. It is projected to garner US$ 13.34 million by 2028 to expand at 4.5% CAGR during 2022–2028.

Based on end user, the South & Central America decapping system market is segmented into pharmaceutical and biotech industry, CDMOs/CROs, and others. The pharmaceutical and biotech industry segment held 62.6% share of South & Central America decapping system market in 2022, amassing US$ 7.27 million. It is projected to garner US$ 9.36 million by 2028 to expand at 4.3% CAGR during 2022–2028.

Based on country, the South & Central America decapping system market is segmented into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that Brazil captured 61.8% share of South & Central America decapping system market in 2022. It was assessed at US$ 7.18 million in 2022 and is likely to hit US$ 9.36 million by 2028, exhibiting a CAGR of 4.5% during 2022–2028.

Key players operating in the South & Central America decapping system market are Hamilton Co, Micronic Holding BV, Sarstedt AG and Co KG, and Thermo Fisher Scientific Inc, among others.

In May 2020, Micronic Holding BV launched CP600 Capper and the CP620 Decapper. The Push Cap Decapper CP620 enables significant productivity gains to be made in the opening of multiple sample storage tubes. The internal cap grippers are developed in such a way that cross-contamination is minimized. The gripper moves down slightly into the cap while the rack in the sleigh is moving backwards, ensuring a smooth and safe removal of the caps. Through a friendly user interface, the user chooses the correct rack to decap, without using different adapters.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America decapping system market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in South & Central America decapping system market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

TABLE OF CONTENTS

1. Introduction
1.1 Scope of the Study
1.2 The Research Team Report Guidance
1.3 Market Segmentation
1.3.1 South & Central America Decapping System Market – by Type
1.3.2 South & Central America Decapping System Market – by Application
1.3.3 South & Central America Decapping System Market – by End User
1.3.4 South & Central America Decapping System Market – by Country
2. South & Central America Decapping System Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South & Central America Decapping System Market – Market Landscape
4.1 Overview
4.2 South & Central America PEST Analysis
4.3 Experts’ Opinion
5. South & Central America Decapping System Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Accelerated Demand for Vaccine Egg Decapper in Process Industry
5.1.2 Innovative Product Launches
5.2 Market Restraints
5.2.1 Technical Errors and Repetitive Manual Tasks Associated With Decapping System
5.3 Market Opportunities
5.3.1 Technological Advancements for Decapping Specimen Collection Tubes
5.4 Future Trends
5.4.1 Emergence of Fully Automated Decapping Systems
5.5 Impact Analysis
6. Decapping System Market – South & Central America Analysis
6.1 South & Central America Decapping System Market Revenue Forecast and Analysis
7. South & Central America Decapping System Market – Revenue and Forecast to 2028 – by Type
7.1 Overview
7.2 South & Central America Decapping System Market Revenue Share, by Type 2022 & 2028 (%)
7.3 Manual
7.3.1 Overview
7.3.2 Manual: South & Central America Decapping System Market – Revenue and Forecast to 2028 (US$ Million)
7.3.2.1 Screw Cap Removers
7.3.2.1.1 Overview
7.3.2.1.2 Screw Cap Removers: South & Central America Decapping System Market – Revenue and Forecast to 2028 (US$ Million)
7.3.2.2 Push Cap Decappers
7.3.2.2.1 Overview
7.3.2.2.2 Push Cap Decappers: South & Central America Decapping System Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Semi-Automated
7.4.1 Overview
7.4.2 Semi-Automated: South & Central America Decapping System Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Automated
7.5.1 Overview
7.5.2 Automated: South & Central America Decapping System Market – Revenue and Forecast to 2028 (US$ Million)
8. South & Central America Decapping System Market Analysis and Forecasts to 2028 – by Application
8.1 Overview
8.2 South & Central America Decapping System Market, by Application 2022 & 2028 (%)
8.3 Tubes
8.3.1 Overview
8.3.2 Tubes: South & Central America Decapping System Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Vials
8.4.1 Overview
8.4.2 Vials: South & Central America Decapping System Market – Revenue and Forecast to 2028 (US$ Million)
9. South & Central America Decapping System Market – Revenue and Forecast to 2028 – by End User
9.1 Overview
9.2 South & Central America Decapping System Market Revenue Share, by End User 2022 & 2028 (%)
9.3 Pharmaceutical & Biotech Industry
9.3.1 Overview
9.3.2 Pharmaceutical & Biotech Industry: South & Central America Decapping System Market – Revenue and Forecast to 2028 (US$ Million)
9.4 CDMOs/CROs
9.4.1 Overview
9.4.2 CDMOs/CROs: South & Central America Decapping System Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Others
9.5.1 Overview
9.5.2 Others: South & Central America Decapping System Market – Revenue and Forecast to 2028 (US$ Million)
10. South & Central America Decapping System Market – Revenue and Forecast to 2028 – Country Analysis
10.1 Overview
10.1.1 South & Central America Decapping System Market, by Country, 2022 & 2028 (%)
10.1.1.1 Brazil: South & Central America Decapping System Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Overview
10.1.1.1.2 Brazil: South & Central America Decapping System Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.3 Brazil: South & Central America Decapping System Market, by Type, 2020–2028 (US$ Million)
10.1.1.1.3.1 Brazil: South & Central America Decapping System Market, by Manual, 2020–2028 (US$ Million)
10.1.1.1.4 Brazil: South & Central America Decapping System Market, by Application, 2020–2028 (US$ Million)
10.1.1.1.5 Brazil: South & Central America Decapping System Market, by End User, 2020–2028 (US$ Million)
10.1.1.2 Argentina: South & Central America Decapping System Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Overview
10.1.1.2.2 Argentina: South & Central America Decapping System Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.3 Argentina: South & Central America Decapping System Market, by Type, 2020–2028 (US$ Million)
10.1.1.2.3.1 Argentina: South & Central America Decapping System Market, by Manual, 2020–2028 (US$ Million)
10.1.1.2.4 Argentina: South & Central America Decapping System Market, by Application, 2020–2028 (US$ Million)
10.1.1.2.5 Argentina: South & Central America Decapping System Market, by End User, 2020–2028 (US$ Million)
10.1.1.3 Rest of South & Central America Decapping System Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Overview
10.1.1.3.2 Rest of South & Central America Decapping System Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.3 Rest of South & Central America Decapping System Market, by Type, 2020–2028 (US$ Million)
10.1.1.3.3.1 Rest of South & Central America Decapping System Market, by Manual, 2020–2028 (US$ Million)
10.1.1.3.4 Rest of South & Central America Decapping System Market, by Application, 2020–2028 (US$ Million)
10.1.1.3.5 Rest of South & Central America Decapping System Market, by End User, 2020–2028 (US$ Million)
11. South & Central America Decapping System Market–Industry Landscape
11.1 Overview
11.2 Growth Strategies in the South & Central America Decapping System Market
11.3 Inorganic Growth Strategies
11.3.1 Overview
11.4 Organic Growth Strategies
11.4.1 Overview
12. Company Profiles
12.1 Hamilton Co
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Micronic Holding BV
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Sarstedt AG and Co KG
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Thermo Fisher Scientific Inc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
13. Appendix
13.1 About Research Team
13.2 Glossary of Terms

LIST OF TABLES

Table 1. Brazil South & Central America Decapping System Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 2. Brazil South & Central America Decapping System Market, by Manual – Revenue and Forecast to 2028 (US$ Million)
Table 3. Brazil South & Central America Decapping System Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. Brazil South & Central America Decapping System Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 5. Argentina South & Central America Decapping System Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. Argentina South & Central America Decapping System Market, by Manual – Revenue and Forecast to 2028 (US$ Million)
Table 7. Argentina South & Central America Decapping System Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 8. Argentina South & Central America Decapping System Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 9. Rest of South & Central America Decapping System Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. Rest of South & Central America Decapping System Market, by Manual – Revenue and Forecast to 2028 (US$ Million)
Table 11. Rest of South & Central America Decapping System Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of South & Central America Decapping System Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 13. Recent Inorganic Growth Strategies in the South & Central America Decapping System Market
Table 14. Recent Organic Growth Strategies in the South & Central America Decapping System Market
Table 15. Glossary of Terms

LIST OF FIGURES

Figure 1. South & Central America Decapping System Market Segmentation
Figure 2. South & Central America Decapping System Market, by Country
Figure 3. South & Central America Decapping System Market Overview
Figure 4. Automated Segment Held Largest Share of Type Segment in South & Central America Decapping System Market
Figure 5. Argentina Expected to Show Remarkable Growth During Forecast Period
Figure 6. South & Central America: PEST Analysis
Figure 7. Experts’ Opinion
Figure 8. South & Central America Decapping System Market: Impact Analysis of Drivers and Restraints
Figure 9. South & Central America Decapping System Market – Revenue Forecast and Analysis – 2020–2028
Figure 10. South & Central America Decapping System Market Revenue Share, by Type 2022 & 2028 (%)
Figure 11. Manual: South & Central America Decapping System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Screw Cap Removers: South & Central America Decapping System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Push Cap Decappers: South & Central America Decapping System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Semi-Automated: South & Central America Decapping System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Automated: South & Central America Decapping System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. South & Central America Decapping System Market, by Application 2022 & 2028 (%)
Figure 17. Tubes: South & Central America Decapping System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Vials: South & Central America Decapping System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. South & Central America Decapping System Market Revenue Share, by End User 2022 & 2028 (%)
Figure 20. Pharmaceutical & Biotech Industry: South & Central America Decapping System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. CDMOs/CROs: South & Central America Decapping System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. Others: South & Central America Decapping System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. South & Central America Decapping System Market, by Key Country – Revenue (2022) (US$ Million)
Figure 24. South & Central America Decapping System Market, by Country, 2022 & 2028 (%)
Figure 25. Brazil: South & Central America Decapping System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. Argentina: South & Central America Decapping System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Rest of South & Central America Decapping System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Growth Strategies in the South & Central America Decapping System Market

The List of Companies – South & Central America Decapping System Market

o Hamilton Co
o Micronic Holding BV
o Sarstedt AG & Co KG
o Thermo Fisher Scientific Inc

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