Latin America Liquid Biopsy Market Size & Outlook
Latin America liquid biopsy market, 2018-2030 (US$M)
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Latin America liquid biopsy market highlights
- The Latin America liquid biopsy market generated a revenue of USD 272.2 million in 2023.
- The market is expected to grow at a CAGR of 12.3% from 2024 to 2030.
- In terms of segment, blood sample was the largest revenue generating type in 2023.
- Blood Sample is the most lucrative type 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 272.2 million |
| Market revenue in 2030 | USD 614.1 million |
| Growth rate | 12.3% (CAGR from 2023 to 2030) |
| Largest segment | Blood sample |
| Fastest growing segment | Blood Sample |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Blood Sample |
| Key market players worldwide | ANGLE PLC, Guardant Health Inc, Myriad Genetics Inc, Biocept Inc, Lucence Health, Roche, Qiagen NV, Illumina Inc, Thermo Fisher Scientific Inc, Epigenomics AG, Oncimmune, Freenome |
Other key industry trends
- In terms of revenue, Latin America region accounted for 2.5% of the global liquid biopsy 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 3,678.2 million by 2030.
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Liquid Biopsy Market Scope
Liquid Biopsy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America liquid biopsy 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 liquid biopsy market will help companies and investors design strategic landscapes.
Blood sample was the largest segment with a revenue share of 73.25% in 2023. Horizon Databook has segmented the Latin America liquid biopsy market based on blood sample covering the revenue growth of each sub-segment from 2018 to 2030.
The Latin America liquid biopsy market has exhibited significant growth in the past few years owing to increased prevalence of various types of cancer in the region. Several surveys by various government and nonprofit organizations revealed that overall cancer mortality in Latin America is almost twice that of high-income countries.
However, poor infrastructure combined with inaccessibility to remote regions, low affordability, and shortage of skilled professionals may hamper market growth in this region during the forecast period.
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Target buyers of Latin America liquid biopsy market databook
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Our clientele includes a mix of liquid biopsy market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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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 liquid biopsy market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America liquid biopsy market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America liquid biopsy market size, by country, 2018-2030 (US$M)
Latin America Liquid Biopsy Market Outlook Share, 2023 & 2030 (US$M)
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