Latin America Automated Liquid Handling Technologies Market Size & Outlook
Latin America automated liquid handling technologies market, 2018-2030 (US$M)
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Latin America automated liquid handling technologies market highlights
- The Latin America automated liquid handling technologies market generated a revenue of USD 41.9 million in 2022.
- The market is expected to grow at a CAGR of 10.7% from 2023 to 2030.
- In terms of segment, automated liquid handling workstations was the largest revenue generating product in 2022.
- Reagents & Consumables is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 41.9 million |
| Market revenue in 2030 | USD 94.2 million |
| Growth rate | 10.7% (CAGR from 2022 to 2030) |
| Largest segment | Automated liquid handling workstations |
| Fastest growing segment | Reagents & Consumables |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Automated Liquid Handling Workstations, Reagents & Consumables |
| Key market players worldwide | Thermo Fisher Scientific Inc, Agilent Technologies Inc, Danaher Corp, Corning Inc, Eppendorf, Formulatrix, Gilson, Beckman Coulter, Lonza Group Ltd, PerkinElmer, Qiagen NV, Tecan Group AG, Mettler-Toledo International Inc |
Other key industry trends
- In terms of revenue, Latin America region accounted for 2.2% of the global automated liquid handling technologies market in 2022.
- 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 1,081.3 million by 2030.
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Automated Liquid Handling Technologies Market Scope
Automated Liquid Handling Technologies Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America automated liquid handling technologies 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 automated liquid handling technologies market will help companies and investors design strategic landscapes.
Automated liquid handling workstations was the largest segment with a revenue share of 58% in 2022. Horizon Databook has segmented the Latin America automated liquid handling technologies market based on automated liquid handling workstations, reagents & consumables covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America’s market is expected to witness slow growth over the forecast period owing to heterogeneity in the economic progress of countries. Furthermore, pharmaceutical, biotechnology, healthcare, and other related life science sectors require a skilled pool of employees, along with high investment in R&D.
The lack of skilled personnel is limiting market growth in this region. Frequent economic turmoil in the region further limits progress. Brazil is the most notable market owing to its high GDP and rapid economic growth.
However, the recent macroeconomic crisis in Brazil has resulted in reduced research funding. This is projected to further inhibit market growth over the coming years.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America automated liquid handling technologies market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America automated liquid handling technologies market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America automated liquid handling technologies market size, by country, 2018-2030 (US$M)
Latin America Automated Liquid Handling Technologies Market Outlook Share, 2022 & 2030 (US$M)
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