Latin America Dried Blood Spot Collection Cards Market Size & Outlook
Latin America dried blood spot collection cards market, 2018-2030 (US$M)
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Latin America dried blood spot collection cards market highlights
- The Latin America dried blood spot collection cards market generated a revenue of USD 34.6 million in 2023.
- The market is expected to grow at a CAGR of 4.7% from 2024 to 2030.
- In terms of segment, new born screening (nbs) was the largest revenue generating application in 2023.
- CRO/Research is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 34.6 million |
| Market revenue in 2030 | USD 47.9 million |
| Growth rate | 4.7% (CAGR from 2023 to 2030) |
| Largest segment | New born screening (nbs) |
| Fastest growing segment | CRO/Research |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | New Born Screening (NBS), Infectious Disease Testing, Therapeutic Drug Monitoring, CRO/Research, Other Applications, Forensics |
| Key market players worldwide | Qiagen NV, PerkinElmer, Roche Holding AG, Shimadzu Corp, Ahlstrom-Munksjö, Danaher Corp, Centogene NV Ordinary Shares, Eastern Business Forms, Archimedlife |
Other key industry trends
- In terms of revenue, Latin America region accounted for 9.7% of the global dried blood spot collection cards 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 106.6 million by 2030.
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Dried Blood Spot Collection Cards Market Scope
Dried Blood Spot Collection Cards Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America dried blood spot collection cards 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 dried blood spot collection cards market will help companies and investors design strategic landscapes.
New born screening (nbs) was the largest segment with a revenue share of 24.57% in 2023. Horizon Databook has segmented the Latin America dried blood spot collection cards market based on new born screening (nbs), infectious disease testing, therapeutic drug monitoring, cro/research, other applications, forensics covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of Latin America DBS collection cards market can be attributed to high incidence of lifethreatening diseases, such as infectious diseases, including the COVID-19 outbreak, in key countries such as Brazil, Argentina, & Mexico. Brazil dominates this region in terms of market size.
This dominance can be attributed to presence of a large target population and increasing entry of leading players with their innovative DBS collection cards. However, low affordability and adoption of advanced DBS collection cards in underdeveloped economies of the region is expected to hinder growth over the forecast period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America dried blood spot collection cards market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America dried blood spot collection cards market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America dried blood spot collection cards market size, by country, 2018-2030 (US$M)
Latin America Dried Blood Spot Collection Cards Market Outlook Share, 2023 & 2030 (US$M)
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