Latin America Antimicrobial Susceptibility Testing Market Size & Outlook
Latin America antimicrobial susceptibility testing market, 2018-2030 (US$M)
Related Markets
Latin America antimicrobial susceptibility testing market highlights
- The Latin America antimicrobial susceptibility testing market generated a revenue of USD 164.4 million in 2023.
- The market is expected to grow at a CAGR of 5.8% from 2024 to 2030.
- In terms of segment, manual tests was the largest revenue generating product in 2023.
- Automated Instruments is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 164.4 million |
| Market revenue in 2030 | USD 243.5 million |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | Manual tests |
| Fastest growing segment | Automated Instruments |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Automated Instruments, Consumables & Media, Manual Tests |
| Key market players worldwide | Bio-Rad Laboratories Inc, Merck & Co Inc, Thermo Fisher Scientific Inc, Danaher Corp, BD, BioMerieux SA, Creative Diagnostics, ElitechGroup, Roche, HiMedia Laboratories |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.6% of the global antimicrobial susceptibility testing market in 2023.
- Globally, North America 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 967.5 million by 2030.
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Antimicrobial Susceptibility Testing Market Scope
Antimicrobial Susceptibility Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America antimicrobial susceptibility testing 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 antimicrobial susceptibility testing market will help companies and investors design strategic landscapes.
Manual tests was the largest segment with a revenue share of 53.77% in 2023. Horizon Databook has segmented the Latin America antimicrobial susceptibility testing market based on automated instruments, consumables & media, manual tests covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Antimicrobial Susceptibility Testing Product Outlook (Revenue, USD Million, 2018-2030)
- Automated Instruments
- Consumables & Media
- Manual Tests
- MIC Strips
- Susceptibility Testing Disks
- Susceptibility Plates
- Latin America Antimicrobial Susceptibility Testing Technique Outlook (Revenue, USD Million, 2018-2030)
- Automated AST
- Etest Method
- Dilution
- Disk Diffusion
- Other Techniques
- Latin America Antimicrobial Susceptibility Testing Application Outlook (Revenue, USD Million, 2018-2030)
- Drug Development
- Susceptibility Testing
- Other Applications
- Latin America Antimicrobial Susceptibility Testing End-Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals
- Diagnostic Laboratories
- Biotechnology & Pharmaceutical Companies
- Other End-uses
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Target buyers of Latin America antimicrobial susceptibility testing market databook
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Our clientele includes a mix of antimicrobial susceptibility testing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 antimicrobial susceptibility testing market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America antimicrobial susceptibility testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America antimicrobial susceptibility testing market report size, by country, 2018-2030 (US$M)
Latin America Antimicrobial Susceptibility Testing Market Share, 2023 & 2030 (US$M)
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