Latin America Dna Sequencing Market Size & Outlook

The dna sequencing market in Latin America is expected to reach a projected revenue of US$ 1,830.3 million by 2030. A compound annual growth rate of 17.3% is expected of Latin America dna sequencing market from 2024 to 2030.
Revenue, 2023 (US$M)
$600.0
Forecast, 2030 (US$M)
$1,830.3
CAGR, 2024 - 2030
17.3%
Report Coverage
Latin America

Latin America dna sequencing market highlights

  • The Latin America dna sequencing market generated a revenue of USD 600.0 million in 2023.
  • The market is expected to grow at a CAGR of 17.3% from 2024 to 2030.
  • In terms of segment, instruments was the largest revenue generating product & service in 2023.
  • Services is the most lucrative product & service 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 2023USD 600.0 million
Market revenue in 2030USD 1,830.3 million
Growth rate17.3% (CAGR from 2023 to 2030)
Largest segmentInstruments
Fastest growing segmentServices
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationConsumables, Instruments, Services
Key market players worldwideThermo Fisher Scientific Inc, Agilent Technologies Inc, Illumina Inc, Qiagen NV, Roche Holding AG, Macrogenics Inc, PerkinElmer, Pacific Biosciences of California Inc, BGI Group, BGC Group Inc Ordinary Shares Class A, Bio-Rad Laboratories Inc, Myriad Genetics Inc, PierianDx, Eurofins Scientific SE

Other key industry trends

  • In terms of revenue, Latin America region accounted for 4.8% of the global dna sequencing 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 9,533.5 million by 2030.

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DNA Sequencing Market Companies

Name Profile # Employees HQ Website

Latin America dna sequencing 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 dna sequencing market will help companies and investors design strategic landscapes.


Instruments was the largest segment with a revenue share of 49.17% in 2023. Horizon Databook has segmented the Latin America dna sequencing market based on consumables, instruments, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • Latin America DNA Sequencing Product & Service Outlook (Revenue, USD Million, 2018-2030)
    • Consumables
    • Instruments
    • Services
  • Latin America DNA Sequencing Technology Outlook (Revenue, USD Million, 2018-2030)
    • Sanger Sequencing
    • Next-Generation Sequencing
      • Whole Genome Sequencing (WGS)
      • Whole Exome Sequencing (WES)
      • Targeted Sequencing & Resequencing
    • Third Generation Sequencing
      • Single-Molecule Real-Time Sequencing (SMRT)
      • Nanopore Sequencing
  • Latin America DNA Sequencing Workflow Outlook (Revenue, USD Million, 2018-2030)
    • Pre-sequencing
    • Sequencing
    • Data Analysis
  • Latin America DNA Sequencing Application Outlook (Revenue, USD Million, 2018-2030)
    • Oncology
    • Reproductive Health
    • Clinical Investigation
    • Agrigenomics & Forensics
    • HLA Typing/Immune System Monitoring
    • Metagenomics, Epidemiology & Drug Development
    • Consumer Genomics
    • Others
  • Latin America DNA Sequencing End Use Outlook (Revenue, USD Million, 2018-2030)
    • Academic Research
    • Clinical Research
    • Hospitals & Clinics
    • Pharmaceutical & Biotechnology Companies
    • Other Users

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Target buyers of Latin America dna sequencing market databook

  • Our clientele includes a mix of dna sequencing market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 dna sequencing market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America dna sequencing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America dna sequencing market size, by country, 2018-2030 (US$M)

Latin America DNA Sequencing Market Outlook Share, 2023 & 2030 (US$M)

Latin America dna sequencing market size, by country, 2018-2030 (US$M)

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