Latin America Digital Pathology Market Size & Outlook
The digital pathology market in Latin America is expected to reach a projected revenue of US$ 198.4 million by 2033. A compound annual growth rate of 9.1% is expected of Latin America digital pathology market from 2025 to 2033.
Revenue, 2024 (US$M)
$89.7
Forecast, 2033 (US$M)
$198.4
CAGR, 2025 - 2033
9.1%
Report Coverage
Latin America
Related Markets
Latin America digital pathology market highlights
- The Latin America digital pathology market generated a revenue of USD 89.7 million in 2024.
- The market is expected to grow at a CAGR of 9.1% from 2025 to 2033.
- In terms of segment, device was the largest revenue generating product in 2024.
- Software 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 2025 to 2033.
Latin America data book summary
| Market revenue in 2024 | USD 89.7 million |
| Market revenue in 2033 | USD 198.4 million |
| Growth rate | 9.1% (CAGR from 2025 to 2033) |
| Largest segment | Device |
| Fastest growing segment | Software |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Device, Storage Systems |
| Key market players worldwide | Danaher Corp, Hamamatsu Photonics KK, Koninklijke Philips NV, Olympus Corp, Roche Holding AG ADR, McCormick & Co Inc Registered Shs Non Vtg, Inspire Medical Systems Inc, PHC Holdings Corp, Huron Consulting Group Inc, CellaVision AB Bearer Shs, IBEX Ltd, Morphic Holding Inc, Nuvation Bio Inc Ordinary Shares - Class A |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.4% of the global digital pathology market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 695.3 million by 2033.
Device was the largest segment with a revenue share of 47.27% in 2024. Horizon Databook has segmented the Latin America digital pathology market based on software, device, storage systems covering the revenue growth of each sub-segment from 2021 to 2033.
With the fastest growing digital and technologically enabled population in the world, Latin America is expected to register speedy market growth for digital pathology market. This growth is attributed to various factors such as increasing healthcare awareness and availability of technically advanced procedures for the diagnosis and treatment of fatal diseases. Moreover, rising prevalence of cancer in this region is expected to drive the market growth of digital pathology over the forecast period.
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Digital Pathology Market Scope
Digital pathology market segmentation & scope
Others
Digital Pathology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Nuvation Bio Inc Ordinary Shares - Class A | View profile | 159 | 1500 Broadway, Suite 1401, New York, NY, United States, 10036 | https://www.nuvationbio.com |
| Morphic Holding Inc | View profile | 121 | 35 Gatehouse Drive, A2, Waltham, MA, United States, 02451 | https://www.morphictx.com |
| CellaVision AB Bearer Shs | View profile | 237 | Mobilvagen 12, Lund, Sweden, 22362 | https://www.cellavision.com |
| IBEX Ltd | View profile | 32000 | Crawford House, 50 Cedar Avenue, Hamilton, Bermuda, HM 11 | https://www.ibex.co |
| Inspire Medical Systems Inc | View profile | 1011 | 5500 Wayzata Boulevard, Suite 1600, Golden Valley, MN, United States, 55416 | https://www.inspiresleep.com |
| McCormick & Co Inc Registered Shs Non Vtg | View profile | 13800 | 24 Schilling Road, Suite 1, Hunt Valley, MD, United States, 21031 | https://www.mccormickcorporation.com |
| Huron Consulting Group Inc | View profile | 6480 | 550 West Van Buren Street, Chicago, IL, United States, 60607 | https://www.huronconsultinggroup.com |
| PHC Holdings Corp | View profile | 11897 | 2-38-5 Nishi-Shimbashi, Minato-ku, Tokyo, Japan, 105-8433 | https://www.phchd.com |
| Danaher Corp | View profile | 63000 | 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 | https://www.danaher.com |
| Hamamatsu Photonics KK | View profile | 5795 | 325-6, Sunayama-cho, Naka-ku, Shizuoka Pref, Hamamatsu, Japan, 430-8587 | http://www.hamamatsu.com |
| Olympus Corp | View profile | 33629 | Shinjuku Monolith, 2-3-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo, Japan, 163-0914 | http://www.olympus.co.jp |
| Koninklijke Philips NV | View profile | 73712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | https://www.philips.com |
| Roche Holding AG ADR | View profile | 103605 | Grenzacherstrasse 124, Basel, Switzerland, 4070 | https://www.roche.com |
Latin America digital pathology market size, by country, 2021-2033 (US$M)
Latin America Digital Pathology Market Outlook Share, 2024 & 2033 (US$M)
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