Brazil Multi Cancer Early Detection Market Size & Outlook
Brazil multi cancer early detection market, 2018-2030 (US$M)
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Brazil multi cancer early detection market highlights
- The Brazil multi cancer early detection market generated a revenue of USD 21.4 million in 2022 and is expected to reach USD 44.2 million by 2030.
- The Brazil market is expected to grow at a CAGR of 9.5% 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 21.4 million |
| Market revenue in 2030 | USD 44.2 million |
| Growth rate | 9.5% (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, Brazil accounted for 2.5% 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 |
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Brazil 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 Brazil multi cancer early detection market based on gene panel, ldt & others covering the revenue growth of each sub-segment from 2018 to 2030.
In LATAM, Brazil has the largest population. Thus, cancer incidence in the country is high, which has led to increased usage of various novel cancer screening tools such as liquid biopsy and gene panel testing.
Many professionals in Brazil consider solid tumor biopsy as the gold standard, as it offers a deep analysis of cancer mutation. However, in the past few years, Brazil witnessed high growth in the adoption of liquid biopsy techniques owing to increasing collaborations of key market players and various initiatives being undertaken by various organizations for cancer care.
For instance, in May 2021, Bristol Myers Squibb Foundation introduced a new initiative in Brazil. This initiative aimed to improve delivery of high-quality care for skin & lung cancers to medically underserved and rural areas. Such initiatives are expected to promote early diagnosis and treatment.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil multi cancer early detection market , including forecasts for subscribers. This country databook contains high-level insights into Brazil multi cancer early detection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil multi cancer early detection market size, by type, 2018-2030 (US$M)
Brazil Multi Cancer Early Detection Market Outlook Share, 2022 & 2030 (US$M)
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