Brazil Next Generation Cancer Diagnostics Market Size & Outlook
Brazil next generation cancer diagnostics market, 2018-2030 (US$M)
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Brazil next generation cancer diagnostics market highlights
- The Brazil next generation cancer diagnostics market generated a revenue of USD 541.7 million in 2023 and is expected to reach USD 1,042.8 million by 2030.
- The Brazil market is expected to grow at a CAGR of 9.8% from 2024 to 2030.
- In terms of segment, next generation sequencing was the largest revenue generating technology in 2023.
- Next Generation Sequencing is the most lucrative technology segment registering the fastest growth during the forecast period.
Next generation cancer diagnostics market data book summary
| Market revenue in 2023 | USD 541.7 million |
| Market revenue in 2030 | USD 1,042.8 million |
| Growth rate | 9.8% (CAGR from 2023 to 2030) |
| Largest segment | Next generation sequencing |
| Fastest growing segment | Next Generation Sequencing |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Next Generation Sequencing, QPCR & Multiplexing, LOAC & RT-PCR, Protein Microarrays, DNA Microarrays |
| Key market players worldwide | Johnson & Johnson, Illumina Inc, Novartis AG ADR, Roche, Koninklijke Philips NV, Qiagen NV, Agilent Technologies Inc, Abbott Laboratories, Thermo Fisher Scientific Inc, GE HealthCare Technologies Inc Common Stock |
Other key industry trends
- In terms of revenue, Brazil accounted for 3.4% of the global next generation cancer diagnostics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil next generation cancer diagnostics market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,042.8 million by 2030.
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Next Generation Cancer Diagnostics Market Scope
Next Generation Cancer Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Brazil next generation cancer diagnostics 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 next generation cancer diagnostics market will help companies and investors design strategic landscapes.
Next generation sequencing was the largest segment with a revenue share of 36.88% in 2023. Horizon Databook has segmented the Brazil next generation cancer diagnostics market based on next generation sequencing, qpcr & multiplexing, loac & rt-pcr, protein microarrays, dna microarrays covering the revenue growth of each sub-segment from 2018 to 2030.
Concentration of more investments for sequencing and data analysis services in the South-eastern region of the country as a consequence of availability of resources is anticipated to propel growth of this region in diagnostics sector.
Additionally, technology boom in Sao Paulo with respect to computer resources and web development is expected to impact the growth in data analysis segment of NGS technology.
The Brazilian population Based Registry (PBCR) with its twenty establishments across the country has analyzed that there were high cancer incidences between 92 to 220 children/adolescents per 100,000, and children between the ages of 1-4 years.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil next generation cancer diagnostics market , including forecasts for subscribers. This country databook contains high-level insights into Brazil next generation cancer diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil next generation cancer diagnostics market size, by technology, 2018-2030 (US$M)
Brazil Next Generation Cancer Diagnostics Market Outlook Share, 2023 & 2030 (US$M)
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