Argentina Genomics Market Size & Outlook, 2023-2030
Argentina genomics market, 2018-2030 (US$M)
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Argentina genomics market highlights
- The Argentina genomics market generated a revenue of USD 133.9 million in 2023 and is expected to reach USD 233.4 million by 2030.
- The Argentina market is expected to grow at a CAGR of 8.3% from 2024 to 2030.
- In terms of segment, functional genomics was the largest revenue generating application in 2023.
- Pathway Analysis is the most lucrative application segment registering the fastest growth during the forecast period.
Genomics market data book summary
| Market revenue in 2023 | USD 133.9 million |
| Market revenue in 2030 | USD 233.4 million |
| Growth rate | 8.3% (CAGR from 2023 to 2030) |
| Largest segment | Functional genomics |
| Fastest growing segment | Pathway Analysis |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Functional Genomics, Epigenomics, Pathway Analysis, Biomarker Discovery |
| Key market players worldwide | Agilent Technologies Inc, Bio-Rad Laboratories Inc, Danaher Corp, Eppendorf, Eurofins Scientific SE, Roche Holding AG ADR, GE Aerospace, Illumina Inc, Myriad Genetics Inc, Oxford Nanopore Technologies PLC, Pacific Biosciences of California Inc, Qiagen NV, Quest Diagnostics Inc, Thermo Fisher Scientific Inc, 23andMe Holding Co Class A |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.4% of the global genomics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil genomics market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 2,262.2 million by 2030.
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Genomics Market Scope
Genomics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina genomics 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 genomics market will help companies and investors design strategic landscapes.
Functional genomics was the largest segment with a revenue share of 32.19% in 2023. Horizon Databook has segmented the Argentina genomics market based on functional genomics, epigenomics, pathway analysis, biomarker discovery covering the revenue growth of each sub-segment from 2018 to 2030.
Recently, adoption of genomic medicine has increased in the country, since various government-supported initiatives from both science & health central agencies, clinical diagnostics laboratories, and private healthcare institutions are offering genomic services either directly to a consumer sales model or supervised by healthcare professionals.
This service offers precise molecular tests for Mendelian disorder utilizing both whole exome and panel-based genome sequencing. Furthermore, the country has undertaken various initiatives to increase the adoption of precision medicine at the national and provincial level, resulting in genomics market growth.
Such initiatives include generating a panel of precision genomic oncology, sequencing & analyzing exons of individuals with rare disorders, developing a genomics biobank, and more.
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Our clientele includes a mix of genomics market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina genomics market , including forecasts for subscribers. This country databook contains high-level insights into Argentina genomics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina genomics market size, by application, 2018-2030 (US$M)
Argentina Genomics Market Outlook Share, 2023 & 2030 (US$M)
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