Latin America Microtome Market Size & Outlook, 2023-2030

The microtome market in Latin America is expected to reach a projected revenue of US$ 304.7 million by 2030. A compound annual growth rate of 3.2% is expected of Latin America microtome market from 2024 to 2030.
Revenue, 2023 (US$M)
$244.5
Forecast, 2030 (US$M)
$304.7
CAGR, 2024 - 2030
3.2%
Report Coverage
Latin America

Latin America microtome market, 2018-2030 (US$M)

Latin

Latin America microtome market highlights

  • The Latin America microtome market generated a revenue of USD 244.5 million in 2023.
  • The market is expected to grow at a CAGR of 3.2% from 2024 to 2030.
  • In terms of segment, media was the largest revenue generating consumables in 2023.
  • Media is the most lucrative consumables segment registering the fastest growth during the forecast period.


Latin America data book summary

Market revenue in 2023USD 244.5 million
Market revenue in 2030USD 304.7 million
Growth rate3.2% (CAGR from 2023 to 2030)
Largest segmentMedia
Fastest growing segmentMedia
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMedia
Key market players worldwideDiapath S.p.A, Danaher Corp, Sakura Finetek USA, Inc., MEDITE Medical GmbH, Boeckeler Instruments, S.M. Scientific Instruments, AGD Biomedicals, Amos Scientific, Thermo Fisher Scientific Inc


Other key industry trends

  • In terms of revenue, Latin America region accounted for 3.6% of the global microtome market in 2023.
  • Globally, Asia Pacific 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 5,162.7 million by 2030.

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Microtome Market Scope

Microtome market segmentation & scope
Media
Reagents
Sera
Application
Food & Water Testing
Bioenergy & Agricultural Research
Others
Countries
Argentina
Brazil
Mexico
UK
Sweden
Spain
Norway
Italy
Germany
France
Denmark
U.S.
Canada
UAE
South Africa
Saudi Arabia
Kuwait
Thailand
South Korea
Japan
India
China
Australia

Microtome Market Companies

Name Profile # Employees HQ Website

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


Media was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America microtome market based on media covering the revenue growth of each sub-segment from 2018 to 2030.


The healthcare infrastructure is improving in Latin America. The Latin American countries have used their economic growth for improving the healthcare infrastructure in the country. This factor is positively impacting the in vitro diagnostics market in Latin America.

Biopsies are the important diagnostics tests performed in the diagnosis of cancers. Tissue biopsies are used in the diagnosis of celiac diseases, parasitic infections, sarcoidosis, etc. The prevalence of these diseases is rising in Latin America, increasing the demand for histopathological tests by driving the microtome market in Latin America.

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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America microtome market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America microtome market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America microtome market

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