Brazil Blood Cancer Diagnostics Market Size & Outlook
Brazil blood cancer diagnostics market, 2018-2030 (US$M)
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Brazil blood cancer diagnostics market highlights
- The Brazil blood cancer diagnostics market generated a revenue of USD 192.5 million in 2023 and is expected to reach USD 320.7 million by 2030.
- The Brazil market is expected to grow at a CAGR of 7.6% from 2024 to 2030.
- In terms of segment, outpatient facilities was the largest revenue generating end use in 2023.
- Research & Manufacturing is the most lucrative end use segment registering the fastest growth during the forecast period.
Blood cancer diagnostics market data book summary
| Market revenue in 2023 | USD 192.5 million |
| Market revenue in 2030 | USD 320.7 million |
| Growth rate | 7.6% (CAGR from 2023 to 2030) |
| Largest segment | Outpatient facilities |
| Fastest growing segment | Research & Manufacturing |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hospitals, Outpatient Facilities, Research & Manufacturing |
| Key market players worldwide | GE HealthCare Technologies Inc Common Stock, Abbott Laboratories, Roche Holding AG, Qiagen NV, Becton Dickinson & Co, Siemens Healthineers AG ADR, Thermo Fisher Scientific Inc, Hologic Inc, Koninklijke Philips NV, Illumina Inc |
Other key industry trends
- In terms of revenue, Brazil accounted for 1.9% of the global blood cancer diagnostics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil blood cancer diagnostics market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 112.7 million by 2030.
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Blood Cancer Diagnostics Market Scope
Blood Cancer Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil blood cancer diagnostics 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 blood cancer diagnostics market will help companies and investors design strategic landscapes.
Outpatient facilities was the largest segment with a revenue share of 68.62% in 2023. Horizon Databook has segmented the Brazil blood cancer diagnostics market based on hospitals, outpatient facilities, research & manufacturing covering the revenue growth of each sub-segment from 2018 to 2030.
The Brazilian government has implemented various initiatives to improve cancer care, including national cancer control programs and funding for cancer research & diagnostics. Policies subsidizing diagnostic tests & treatments make these services more affordable and accessible to the general population.
Furthermore, government support for research and innovation in medical diagnostics fosters the development of new & improved diagnostic technologies. These policy measures expand the blood cancer diagnostics market by enhancing the availability and quality of diagnostic services.
In March 2024, Fundação Oswaldo Cruz (Fiocruz), a foundation under Brazil's MoH, partnered with Caring Cross, a nonprofit organization, to establish local manufacturing capabilities for CAR-T cell and stem cell gene therapies in Brazil. These therapies are expected to target oncology, infectious diseases, and genetic disorders, including CAR-T cell treatments for lymphoma, leukemia, & HIV infection.
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Our clientele includes a mix of blood cancer diagnostics market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil blood cancer diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into Brazil blood cancer diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil blood cancer diagnostics market size, by end use, 2018-2030 (US$M)
Brazil Blood Cancer Diagnostics Market Outlook Share, 2023 & 2030 (US$M)
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