Latin America Electrochemical Sensors Market Size & Outlook
Latin America electrochemical sensors market, 2018-2030 (US$M)
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Latin America electrochemical sensors market highlights
- The Latin America electrochemical sensors market generated a revenue of USD 621.6 million in 2023.
- The market is expected to grow at a CAGR of 5.9% from 2024 to 2030.
- In terms of segment, healthcare was the largest revenue generating application in 2023.
- Agriculture 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 621.6 million |
| Market revenue in 2030 | USD 926.6 million |
| Growth rate | 5.9% (CAGR from 2023 to 2030) |
| Largest segment | Healthcare |
| Fastest growing segment | Agriculture |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Healthcare, Agriculture, Food & Beverage, Veterinary |
| Key market players worldwide | Thermo Fisher Scientific Inc, Abbott Laboratories, Roche, PHC Holdings Corp, Siemens Healthineers AG ADR, Zimmer & Peacock, Metrohm |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.0% of the global electrochemical sensors 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 4,230.3 million by 2030.
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Electrochemical Sensors Market Scope
Electrochemical Sensors Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America electrochemical sensors 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 electrochemical sensors market will help companies and investors design strategic landscapes.
Healthcare was the largest segment with a revenue share of 97.1% in 2023. Horizon Databook has segmented the Latin America electrochemical sensors market based on healthcare, agriculture, food & beverage, veterinary covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of electrochemical sensors 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 electrochemical sensors market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America electrochemical sensors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America electrochemical sensors market size, by country, 2018-2030 (US$M)
Latin America Electrochemical Sensors Market Share, 2023 & 2030 (US$M)
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