Latin America Medical Specimen Tracking System Market Size & Outlook
The medical specimen tracking system market in Latin America is expected to reach a projected revenue of US$ 161.4 million by 2030. A compound annual growth rate of 11.2% is expected of Latin America medical specimen tracking system market from 2023 to 2030.
Revenue, 2022 (US$M)
$69.1
Forecast, 2030 (US$M)
$161.4
CAGR, 2023 - 2030
11.2%
Report Coverage
Latin America
Latin America medical specimen tracking system market, 2018-2030 (US$M)
Related Markets
Latin America medical specimen tracking system market highlights
- The Latin America medical specimen tracking system market generated a revenue of USD 69.1 million in 2022.
- The market is expected to grow at a CAGR of 11.2% from 2023 to 2030.
- In terms of segment, software was the largest revenue generating product in 2022.
- Consumables 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 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 69.1 million |
| Market revenue in 2030 | USD 161.4 million |
| Growth rate | 11.2% (CAGR from 2022 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Consumables |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Hardware, Consumables |
| Key market players worldwide | Kuehne + Nagel International AG, CryoPort Inc, Azenta Inc, RMS Omega Technologies, Gao Rfid, TrakCel, LabConnect, Taylor Data Systems, BioIT Solutions |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.6% of the global medical specimen tracking system market in 2022.
- 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 329.1 million by 2030.
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Medical Specimen Tracking System Market Scope
Medical specimen tracking system market segmentation & scope
Medical Specimen Tracking System Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America medical specimen tracking system 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 medical specimen tracking system market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 50.65% in 2022. Horizon Databook has segmented the Latin America medical specimen tracking system market based on software, hardware, consumables covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Medical Specimen Tracking System Product Outlook (Revenue, USD Million, 2018-2030)
- Software
- Hardware
- Consumables
- Latin America Medical Specimen Tracking System Type Outlook (Revenue, USD Million, 2018-2030)
- Patient Testing
- Clinical Trial Tissue Specimen
- Latin America Medical Specimen Tracking System Technology Outlook (Revenue, USD Million, 2018-2030)
- Barcode
- RFID
- Latin America Medical Specimen Tracking System End user Outlook (Revenue, USD Million, 2018-2030)
- Hospitals & Clinics
- Pathology Laboratories
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America medical specimen tracking system market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America medical specimen tracking system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America medical specimen tracking system market size, by country, 2018-2030 (US$M)
Latin America Medical Specimen Tracking System Market Outlook Share, 2022 & 2030 (US$M)
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