Latin America Neonatal Toxicology Market Size & Outlook

The neonatal toxicology market in Latin America is expected to reach a projected revenue of US$ 27.9 million by 2030. A compound annual growth rate of 8.7% is expected of Latin America neonatal toxicology market from 2024 to 2030.
Revenue, 2023 (US$M)
$15.6
Forecast, 2030 (US$M)
$27.9
CAGR, 2024 - 2030
8.7%
Report Coverage
Latin America

Latin America neonatal toxicology market highlights

  • The Latin America neonatal toxicology market generated a revenue of USD 15.6 million in 2023.
  • The market is expected to grow at a CAGR of 8.7% from 2024 to 2030.
  • In terms of segment, meconium was the largest revenue generating specimen in 2023.
  • Umbilical Cord is the most lucrative specimen segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.


Latin America data book summary

Market revenue in 2023USD 15.6 million
Market revenue in 2030USD 27.9 million
Growth rate8.7% (CAGR from 2023 to 2030)
Largest segmentMeconium
Fastest growing segmentUmbilical Cord
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationUrine, Umbilical Cord, Meconium, Other Specimen


Other key industry trends

  • In terms of revenue, Latin America region accounted for 6.1% of the global neonatal toxicology market in 2023.
  • Globally, North America 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 62.1 million by 2030.

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Neonatal Toxicology Market Companies

Name Profile # Employees HQ Website

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


Meconium was the largest segment with a revenue share of 40.38% in 2023. Horizon Databook has segmented the Latin America neonatal toxicology market based on urine, umbilical cord, meconium, other specimen covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Latin America neonatal toxicology market databook

  • Our clientele includes a mix of neonatal toxicology market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America neonatal toxicology market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America neonatal toxicology market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America neonatal toxicology market size, by country, 2018-2030 (US$M)

Latin America Neonatal Toxicology Market Outlook Share, 2023 & 2030 (US$M)

Latin America neonatal toxicology market size, by country, 2018-2030 (US$M)

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