Colombia Neglected Tropical Diseases Diagnosis Market Size & Outlook
Colombia neglected tropical diseases diagnosis market, 2018-2030 (US$M)
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Colombia neglected tropical diseases diagnosis market highlights
- The Colombia neglected tropical diseases diagnosis market generated a revenue of USD 186.3 million in 2023 and is expected to reach USD 270.7 million by 2030.
- The Colombia market is expected to grow at a CAGR of 5.5% from 2024 to 2030.
- In terms of segment, soil-transmitted helminthiases was the largest revenue generating disease in 2023.
- Chagas disease is the most lucrative disease segment registering the fastest growth during the forecast period.
Neglected tropical diseases diagnosis market data book summary
| Market revenue in 2023 | USD 186.3 million |
| Market revenue in 2030 | USD 270.7 million |
| Growth rate | 5.5% (CAGR from 2023 to 2030) |
| Largest segment | Soil-transmitted helminthiases |
| Fastest growing segment | Chagas disease |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dengue, Chikungunya, Rabies, Leprosy, Buruli ulcer, Yaws, Lymphatic Filariasis, Taeniasis/Cysticercosis, Foodborne Trematode Infections, Echinococcosis, Chagas disease, Dracunculiasis, Human African Trypanosomiasis (sleeping sickness), Soil-transmitted Helminthiases, Onchocerciasis, Schistosomiasis, Scabies and Other Ecoparasites, Snakebite Envenoming, Leishmaniases |
| Key market players worldwide | Roche, Abbott Laboratories, Thermo Fisher Scientific Inc, Eurobio-Scientific, Omega Laboratories, Avacta Group PLC, Oscar Health Inc Class A, ZeptoMetrix, InBios, DiaSys Diagnostic Systems |
Other key industry trends
- In terms of revenue, Colombia accounted for 2.8% of the global neglected tropical diseases diagnosis market in 2023.
- Country-wise, Brazil is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil neglected tropical diseases diagnosis market is projected to lead the regional market in terms of revenue in 2030.
- Colombia is the fastest growing regional market in Latin America and is projected to reach USD 270.7 million by 2030.
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Neglected Tropical Diseases Diagnosis Market Scope
Neglected Tropical Diseases Diagnosis Market Companies
| Name | Profile | # Employees | HQ | Website |
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Colombia neglected tropical diseases diagnosis 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 neglected tropical diseases diagnosis market will help companies and investors design strategic landscapes.
Soil-transmitted helminthiases was the largest segment with a revenue share of 9.98% in 2023. Horizon Databook has segmented the Colombia neglected tropical diseases diagnosis market based on dengue, chikungunya, rabies, leprosy, buruli ulcer, yaws, lymphatic filariasis, taeniasis/cysticercosis, foodborne trematode infections, echinococcosis, chagas disease, dracunculiasis, human african trypanosomiasis (sleeping sickness), soil-transmitted helminthiases, onchocerciasis, schistosomiasis, scabies and other ecoparasites, snakebite envenoming, leishmaniases covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing prevalence of NTDs, especially Chagas disease, is a primary factor driving the overall market growth. Arauca and Norte de Santander are regions of Colombia that exhibit extremely high endemicity of mainly three NTD scutaneous leishmaniasis, Chagas disease, and leprosy.
According to WHO, in 2018, the incidence of leishmaniasis in Colombia was 53/100,000, out of which ~98% cases are of cutaneous leishmaniasis, and Chagas disease had an annual incidence of 11/100,000.
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Horizon Databook provides a detailed overview of country-level data and insights on the Colombia neglected tropical diseases diagnosis market , including forecasts for subscribers. This country databook contains high-level insights into Colombia neglected tropical diseases diagnosis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Colombia neglected tropical diseases diagnosis market size, by disease, 2018-2030 (US$M)
Colombia Neglected Tropical Diseases Diagnosis Market Outlook Share, 2023 & 2030 (US$M)
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