Argentina Molecular Diagnostics Market Size & Outlook
Argentina molecular diagnostics market, 2018-2030 (US$M)
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Argentina molecular diagnostics market highlights
- The Argentina molecular diagnostics market generated a revenue of USD 329.5 million in 2023 and is expected to reach USD 110.7 million by 2030.
- The Argentina market is expected to grow at a CAGR of -14.4% 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.
Molecular diagnostics market data book summary
| Market revenue in 2023 | USD 329.5 million |
| Market revenue in 2030 | USD 110.7 million |
| Growth rate | -14.4% (CAGR from 2023 to 2030) |
| Largest segment | Outpatient facilities |
| Fastest growing segment | Home Care |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hospitals, Outpatient Facilities, Home Care |
| Key market players worldwide | Becton Dickinson & Co, BioMerieux SA, Bio-Rad Laboratories Inc, Abbott Laboratories, Agilent Technologies Inc, Danaher Corp, Hologic Inc, Illumina Inc, Grifols SA Ordinary Shares - Class A, Qiagen NV, Roche Holding AG, Siemens Healthineers AG ADR, Sysmex Corp |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.7% of the global molecular diagnostics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil molecular diagnostics market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 168.3 million by 2030.
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Molecular Diagnostics Market Scope
Molecular Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Argentina molecular 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 molecular diagnostics market will help companies and investors design strategic landscapes.
Outpatient facilities was the largest segment with a revenue share of 47.47% in 2023. Horizon Databook has segmented the Argentina molecular diagnostics market based on hospitals, outpatient facilities, home care covering the revenue growth of each sub-segment from 2018 to 2030.
The top five cancers together accounted for 81% of all new cases of cancer, which were breast, prostate, colorectal, lung, and cervical cancers. Of the major Latin American nations, Argentina has the highest age-standardized incidence of cancer. There has been an increasing focus of private and public organizations on launch of new early diagnosis programs by incorporating novel prognostic & diagnostic tools.
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Our clientele includes a mix of molecular diagnostics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina molecular diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into Argentina molecular diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina molecular diagnostics market size, by end use, 2018-2030 (US$M)
Argentina Molecular Diagnostics Market Outlook Share, 2023 & 2030 (US$M)
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