Latin America Microrna Market Size & Outlook, 2023-2030

The microrna market in Latin America is expected to reach a projected revenue of US$ 156.8 million by 2030. A compound annual growth rate of 12.4% is expected of Latin America microrna market from 2024 to 2030.
Revenue, 2023 (US$M)
$69.3
Forecast, 2030 (US$M)
$156.8
CAGR, 2024 - 2030
12.4%
Report Coverage
Latin America

Latin America microrna market highlights

  • The Latin America microrna market generated a revenue of USD 69.3 million in 2023.
  • The market is expected to grow at a CAGR of 12.4% from 2024 to 2030.
  • In terms of segment, services was the largest revenue generating services scope in 2023.
  • Services is the most lucrative services scope segment registering the fastest growth during the forecast period.
  • Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.


Latin America data book summary

Market revenue in 2023USD 69.3 million
Market revenue in 2030USD 156.8 million
Growth rate12.4% (CAGR from 2023 to 2030)
Largest segmentServices
Fastest growing segmentServices
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationServices, Products Type
Key market players worldwideThermo Fisher Scientific Inc, Qiagen NV, Horizon Discovery, NanoString Technologies, Merck KGaA, Takara Bio Inc, LGC Group, Biogenex, New England Biolabs, GeneCopoeia


Other key industry trends

  • In terms of revenue, Latin America region accounted for 4.4% of the global microrna 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 776.6 million by 2030.

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MicroRNA Market Scope

Microrna market segmentation & scope
Services
Isolation & Purification
miRNA cDNA Synthesis
Profiling, Localization, & Quantification
Functional Analysis
Others
Products Type
Instruments
Real Time PCR
Microarray
NGS
Others
Consumables
Whole Blood
Serum
Plasma
FFPE
Fresh Frozen Tissue
Others
Application
Cancer
Infectious Diseases
Immunological Disorder
Cardiovascular Disease
Neurological Disease
Others
End Use
Biotechnology & Pharmaceutical Companies
Academic & Government Research Institutes
Others

MicroRNA Market Companies

Name Profile # Employees HQ Website

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


Services was the largest segment with a revenue share of 59.88% in 2023. Horizon Databook has segmented the Latin America microrna market based on services, products type covering the revenue growth of each sub-segment from 2018 to 2030.


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  • Our clientele includes a mix of microrna 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 microrna market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America microrna market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America microrna market size, by country, 2018-2030 (US$M)

Latin America MicroRNA Market Outlook Share, 2023 & 2030 (US$M)

Latin America microrna market size, by country, 2018-2030 (US$M)

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