Latin America Liver Cancer Diagnostics Market Size & Outlook
Latin America liver cancer diagnostics market, 2018-2030 (US$M)
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Latin America liver cancer diagnostics market highlights
- The Latin America liver cancer diagnostics market generated a revenue of USD 321.4 million in 2023.
- The market is expected to grow at a CAGR of 6.1% from 2024 to 2030.
- In terms of segment, outpatient facilities was the largest revenue generating end use in 2023.
- Home Care is the most lucrative end use 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 321.4 million |
| Market revenue in 2030 | USD 487.6 million |
| Growth rate | 6.1% (CAGR from 2023 to 2030) |
| Largest segment | Outpatient facilities |
| Fastest growing segment | Home Care |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hospitals, Outpatient Facilities, Home Care, Research & Manufacturing |
| Key market players worldwide | Abbott Laboratories, Thermo Fisher Scientific Inc, Roche Holding AG ADR, Qiagen NV, Siemens Healthineers AG ADR, Becton Dickinson & Co, Illumina Inc, Epigenomics AG, Koninklijke Philips NV, FUJIFILM Holdings Corp |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.7% of the global liver cancer diagnostics 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 1,122.2 million by 2030.
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Liver Cancer Diagnostics Market Scope
Liver Cancer Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America liver cancer diagnostics 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 liver cancer diagnostics market will help companies and investors design strategic landscapes.
Outpatient facilities was the largest segment with a revenue share of 61.98% in 2023. Horizon Databook has segmented the Latin America liver cancer diagnostics market based on hospitals, outpatient facilities, home care, research & manufacturing covering the revenue growth of each sub-segment from 2018 to 2030.
The Latin America liver cancer diagnostics market growth can be attributed to high incidence and mortality rate due to liver cancer in countries such as Brazil and Mexico. As per GLOBOCAN, in 2018, around 38,400 new cases of liver cancer were identified in Latin America and the Caribbean region, which led to around 36,436 deaths.
Brazil dominates this region in terms of market size, which can be attributed to the presence of large target population and several government initiatives for early diagnosis and treatment of liver cancer. However, low affordability and adoption of advanced liver cancer diagnostics solutions in underdeveloped economies of the region is expected to hinder the market growth over the forecast period.
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Our clientele includes a mix of liver cancer diagnostics 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 liver cancer diagnostics market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America liver cancer diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America liver cancer diagnostics market size, by country, 2018-2030 (US$M)
Latin America Liver Cancer Diagnostics Market Outlook Share, 2023 & 2030 (US$M)
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