Latin America Immunoassay Analyzers Market Size & Outlook

The immunoassay analyzers market in Latin America is expected to reach a projected revenue of US$ 1,929.5 million by 2028. A compound annual growth rate of 8.1% is expected of Latin America immunoassay analyzers market from 2022 to 2028.

Revenue, 2021 (US$M)
$1,120.0
Forecast, 2028 (US$M)
$1,929.5
CAGR, 2022 - 2028
8.1%
Report Coverage
Latin America

Latin America immunoassay analyzers market, 2016-2028 (US$M)

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Latin America immunoassay analyzers market highlights

  • The Latin America immunoassay analyzers market generated a revenue of USD 1,120.0 million in 2021.
  • The market is expected to grow at a CAGR of 8.1% from 2022 to 2028.
  • In terms of segment, reagents & kits was the largest revenue generating product in 2021.
  • Reagents & Kits 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 2022 to 2028.


Latin America data book summary

Market revenue in 2021USD 1,120.0 million
Market revenue in 2028USD 1,929.5 million
Growth rate8.1% (CAGR from 2021 to 2028)
Largest segmentReagents & kits
Fastest growing segmentReagents & Kits
Historical data covered2016 - 2020
Base year for estimation2021
Forecast period covered2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationReagents & Kits, Analyzers/Instruments, Software & Services
Key market players worldwideBioMerieux SA, Abbott Laboratories, Roche Holding AG, Siemens Healthineers AG ADR, Becton Dickinson & Co, Bio-Rad Laboratories Inc Class A, Beckman Coulter


Other key industry trends

  • In terms of revenue, Latin America region accounted for 4.8% of the global immunoassay analyzers market in 2021.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2028.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 9,589.9 million by 2028.

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Immunoassay Analyzers Market Companies

Name Profile # Employees HQ Website

Latin America immunoassay analyzers 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 immunoassay analyzers market will help companies and investors design strategic landscapes.


Reagents & kits was the largest segment with a revenue share of 66.32% in 2021. Horizon Databook has segmented the Latin America immunoassay analyzers market based on reagents & kits, analyzers/instruments, software & services covering the revenue growth of each sub-segment from 2016 to 2028.


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  • Our clientele includes a mix of immunoassay analyzers 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.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America immunoassay analyzers market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America immunoassay analyzers market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

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Latin America immunoassay analyzers market size, by country, 2016-2028 (US$M)

Latin America Immunoassay Analyzers Market Outlook Share, 2021 & 2028 (US$M)

Latin America immunoassay analyzers market size, by country, 2016-2028 (US$M)

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