Latin America Cellular Health Screening Market Size & Outlook
Latin America cellular health screening market, 2018-2030 (US$M)
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Latin America cellular health screening market highlights
- The Latin America cellular health screening market generated a revenue of USD 155.2 million in 2023.
- The market is expected to grow at a CAGR of 7% from 2024 to 2030.
- In terms of segment, single test panels was the largest revenue generating test type in 2023.
- Multi-test Panels is the most lucrative test type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 155.2 million |
| Market revenue in 2030 | USD 249.5 million |
| Growth rate | 7% (CAGR from 2023 to 2030) |
| Largest segment | Single test panels |
| Fastest growing segment | Multi-test Panels |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single Test Panels, Multi-test Panels |
| Key market players worldwide | Cytek Biosciences Inc, Quest Diagnostics Inc, Labcorp Holdings Inc, OPKO Health Inc, Applied DNA Sciences Inc |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.1% of the global cellular health screening 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 959.9 million by 2030.
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Cellular Health Screening Market Scope
Cellular Health Screening Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America cellular health screening 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 cellular health screening market will help companies and investors design strategic landscapes.
Single test panels was the largest segment with a revenue share of 80.73% in 2023. Horizon Databook has segmented the Latin America cellular health screening market based on single test panels, multi-test panels covering the revenue growth of each sub-segment from 2018 to 2030.
The Latin America cellular health screening market majorly includes Brazil, Mexico, Argentina, and Colombia. Growing healthcare investments and increasing trade agreements with major countries, such as the U.S., Canada, Japan, & other.
European countries, are among factors anticipated to boost the Latin America market during the forecast period. However, low affordability of advanced technologies by hospitals & low awareness among patients about cellular health screenings may hinder the market growth.
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Our clientele includes a mix of cellular health screening market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America cellular health screening market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America cellular health screening market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America cellular health screening market size, by country, 2018-2030 (US$M)
Latin America Cellular Health Screening Market Outlook Share, 2023 & 2030 (US$M)
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