Latin America Newborn Screening Market Size & Outlook, 2030

Revenue, 2023 (US$M)

$100.6

Forecast, 2030 (US$M)

$155.4

CAGR, 2024 - 2030

6.4%

Report Coverage

Latin America

Latin America newborn screening market, 2018-2030 (US$M)

Related Markets

Global Newborn Screening Industry Outlook

Mexico Newborn Screening Market Outlook

Argentina Newborn Screening Market Outlook

Brazil Newborn Screening Market Outlook

North America Newborn Screening Market Outlook

U.S. Newborn Screening Market Outlook

Canada Newborn Screening Market Outlook

Europe Newborn Screening Market Outlook

Germany Newborn Screening Market Outlook

France Newborn Screening Market Outlook

Italy Newborn Screening Market Outlook

Spain Newborn Screening Market Outlook

Denmark Newborn Screening Market Outlook

Sweden Newborn Screening Market Outlook

Norway Newborn Screening Market Outlook

UK Newborn Screening Market Outlook

Asia Pacific Newborn Screening Market Outlook

Japan Newborn Screening Market Outlook

China Newborn Screening Market Outlook

India Newborn Screening Market Outlook

Australia Newborn Screening Market Outlook

South Korea Newborn Screening Market Outlook

Thailand Newborn Screening Market Outlook

MEA Newborn Screening Market Outlook

South Africa Newborn Screening Market Outlook

Saudi Arabia Newborn Screening Market Outlook

UAE Newborn Screening Market Outlook

Kuwait Newborn Screening Market Outlook

Latin America newborn screening market highlights

The Latin America newborn screening market generated a revenue of USD 100.6 million in 2023.
The market is expected to grow at a CAGR of 6.4% from 2024 to 2030.
In terms of segment, tandem mass spectrometry was the largest revenue generating technology in 2023.
Electrophoresis is the most lucrative technology segment registering the fastest growth during the forecast period.
Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.

Latin America data book summary

Market revenue in 2023	USD 100.6 million
Market revenue in 2030	USD 155.4 million
Growth rate	6.4% (CAGR from 2023 to 2030)
Largest segment	Tandem mass spectrometry
Fastest growing segment	Electrophoresis
Historical data covered	2018 - 2022
Base year for estimation	2023
Forecast period covered	2024 - 2030
Quantitative units	Revenue in USD million
Market segmentation	Tandem Mass Spectrometry, Pulse Oximetry, Enzyme-based Assay, DNA Assays, Electrophoresis
Key market players worldwide	Bio-Rad Laboratories Inc, Agilent Technologies, Agilent Technologies Inc, Covidien, Masimo Corp, Waters Corp, Natus Medical, GE HealthCare Technologies Inc Common Stock, PerkinElmer, Danaher Corp

Other key industry trends

In terms of revenue, Latin America region accounted for 12.6% of the global newborn screening market in 2023.
Globally, Asia Pacific 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 451.1 million by 2030.

Tandem mass spectrometry was the largest segment with a revenue share of 24.65% in 2023. Horizon Databook has segmented the Latin America newborn screening market based on tandem mass spectrometry, pulse oximetry, enzyme-based assay, dna assays, electrophoresis covering the revenue growth of each sub-segment from 2018 to 2030.

The coverage rate for screening in newborn varies across the 20 countries of Latin America. 100% coverage is observed in Chile, Cuba, and Uruguay, and countries such as El Salvador, Haiti, and Honduras have negligible coverage. Congenital hypothyroidism testing is mandated in ten countries, whereas phenylketonuria testing is compulsory only in Costa Rica, Paraguay, Brazil, Venezuela, Guatemala, and Chile.

However, parents can demand for additional testing depending on the need. Recently, emphasis on cystic fibrosis and hearing screen has gained momentum across the region. In 2012, World Solutions Against Infectious Diseases (WSAID) announced partnership with Save Babies Through Screening Foundation (SBTS) and work for expansion of the screening program with the region.

Key Regions: Brazil , U.S. , UK , Japan , UAE