Latin America Ai In Genomics Market Size & Outlook

The ai in genomics market in Latin America is expected to reach a projected revenue of US$ 1,045.0 million by 2030. A compound annual growth rate of 45.2% is expected of Latin America ai in genomics market from 2024 to 2030.
Revenue, 2023 (US$M)
$76.6
Forecast, 2030 (US$M)
$1,045.0
CAGR, 2024 - 2030
45.3%
Report Coverage
Latin America

Latin America ai in genomics market highlights

  • The Latin America ai in genomics market generated a revenue of USD 76.6 million in 2023.
  • The market is expected to grow at a CAGR of 45.2% from 2024 to 2030.
  • In terms of segment, drug discovery & development was the largest revenue generating application in 2023.
  • Drug Discovery & Development is the most lucrative application segment registering the fastest growth during the forecast period.
  • Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.

Latin America data book summary

Market revenue in 2023USD 76.6 million
Market revenue in 2030USD 1,045.0 million
Growth rate45.2% (CAGR from 2023 to 2030)
Largest segmentDrug discovery & development
Fastest growing segmentDrug Discovery & Development
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDrug Discovery & Development, Precision Medicine, Diagnotics
Key market players worldwideInternational Business Machines Corp, Microsoft Corp, NVIDIA Corp, Freenome, Thermo Fisher Scientific Inc, Illumina Inc, Sophia Genetics SA, Benevolent AI, Deep Genomics, Data4Cure, Fabric Genomics (formerly Omicia)

Other key industry trends

  • In terms of revenue, Latin America region accounted for 10.8% of the global ai in genomics market in 2023.
  • Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 2,672.4 million by 2030.

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AI In Genomics Market Scope

Ai in genomics market segmentation & scope

AI In Genomics Market Companies

Name Profile # Employees HQ Website

Latin America ai in genomics 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 ai in genomics market will help companies and investors design strategic landscapes.


Drug discovery & development was the largest segment with a revenue share of 34.07% in 2023. Horizon Databook has segmented the Latin America ai in genomics market based on drug discovery & development, precision medicine, diagnotics covering the revenue growth of each sub-segment from 2018 to 2030.


  • Latin America AI In Genomics Application Outlook (Revenue, USD Million, 2018-2030)
    • Consumer Electronics
    • Healthcare
    • Automotive
    • Military & Defense
    • Media & Entertainment
    • Drug Discovery & Development
    • Precision Medicine
    • Diagnotics
    • Others
    • Drug Optimization & Repurposing
    • Preclinical Testing
    • Orthopedics
    • Neurology
    • Urology
    • Gynecology
  • Latin America AI In Genomics Component Outlook (Revenue, USD Million, 2018-2030)
    • Processor
    • Connectivity IC
    • Sensors
    • Software
    • Hardware
    • Services
  • Latin America AI In Genomics Technology Outlook (Revenue, USD Million, 2018-2030)
    • Machine Learning
    • Computer Vision
  • Latin America AI In Genomics Functionality Type Outlook (Revenue, USD Million, 2018-2030)
    • Genome Sequencing
    • Gene Editing
    • Others
  • Latin America AI In Genomics End Use Outlook (Revenue, USD Million, 2018-2030)
    • Pharmaceutical & Biotechnology
    • Healthcare Providers
    • Research Centers
    • Others

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Target buyers of Latin America ai in genomics market databook

  • Our clientele includes a mix of ai in genomics market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America ai in genomics market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America ai in genomics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America ai in genomics market size, by country, 2018-2030 (US$M)

Latin America AI In Genomics Market Outlook Share, 2023 & 2030 (US$M)

Latin America ai in genomics market size, by country, 2018-2030 (US$M)

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