Argentina Multi Cancer Early Detection Market Size & Outlook
Argentina multi cancer early detection market, 2018-2030 (US$M)
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Argentina multi cancer early detection market highlights
- The Argentina multi cancer early detection market generated a revenue of USD 6.4 million in 2022 and is expected to reach USD 13.2 million by 2030.
- The Argentina market is expected to grow at a CAGR of 9.4% from 2023 to 2030.
- In terms of segment, gene panel, ldt & others was the largest revenue generating type in 2022.
- Gene Panel, LDT & Others is the most lucrative type segment registering the fastest growth during the forecast period.
Multi cancer early detection market data book summary
| Market revenue in 2022 | USD 6.4 million |
| Market revenue in 2030 | USD 13.2 million |
| Growth rate | 9.4% (CAGR from 2022 to 2030) |
| Largest segment | Gene panel, ldt & others |
| Fastest growing segment | Gene Panel, LDT & Others |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Gene Panel, LDT & Others |
| Key market players worldwide | Illumina Inc, Exact Sciences Corp, Foundation Medicine, Guardant Health Inc, Burning Rock Biotech Ltd ADR, Freenome, AnchorDx, GeneCast, Elypta |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.8% of the global multi cancer early detection market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil multi cancer early detection 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 23.6 million by 2030.
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Multi Cancer Early Detection Market Scope
Multi Cancer Early Detection Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Argentina multi cancer early detection 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 multi cancer early detection market will help companies and investors design strategic landscapes.
Gene panel, ldt & others was the largest segment with a revenue share of 100% in 2022. Horizon Databook has segmented the Argentina multi cancer early detection market based on gene panel, ldt & others covering the revenue growth of each sub-segment from 2018 to 2030.
Constant developments by market players, such as geographic expansion and new product launches, have contributed to Argentina’s market growth. For instance, Amoy Diagnostics Co Ltd. entered into a collaboration agreement with Merck KGaA to bring liquid biopsy RAS biomarker tests to Argentina, Mexico, India, and Brazil.
Initially, the test would be made available for research use only until it gets regulatory authorization from the respective countries. In addition, the country has a higher burden of cancer and the rising prevalence of cancer among the population is propelling the demand for adoption of cancer screening tests.
Moreover, Latin America has seen a steady rise in the number of oncologists, especially in Brazil and Argentina, as well as awareness of the region's chronic scarcity of cancer specialists. To enhance and promote the initiative's activities in the region, a regional hub for Latin America has been established at the National Cancer Institute of Argentina (Instituto Nacional del Cancer de Argentina) in Buenos Aires.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina multi cancer early detection market , including forecasts for subscribers. This country databook contains high-level insights into Argentina multi cancer early detection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Argentina multi cancer early detection market size, by type, 2018-2030 (US$M)
Argentina Multi Cancer Early Detection Market Outlook Share, 2022 & 2030 (US$M)
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