The total number of scientific publications in biotechnology in Argentina exhibited diverse fluctuations from 2013 to 2023. In 2023, the volume stood at 57.72 units, indicating a slight YOY increase of 0.26%. Over the last five years, the sector experienced a minor drop with a CAGR of -0.83%. Notable variations include declines in 2014 and 2019, and spikes in 2016 and 2020.
Forecasted data from 2024 to 2028 suggests a relatively stable yet modest growth, with an average annual growth rate (CAGR) of 0.1% and a cumulative five-year growth rate of 0.49%. The upward trend should continue at a steady pace, reflecting gradual improvements in research funding and technological advancements.
Future Trends to Watch For:
- Increased investment in biotechnology research infrastructure
- Emergence of public-private partnerships in biotech innovation
- Integration of AI and machine learning in biotech research
- Government policies supporting scientific research and development
- Expansion of biotech startups and research collaborations
