Argentina Next-generation Sequencing Data Analysis Market Size & Outlook

The next-generation sequencing data analysis market in Argentina is expected to reach a projected revenue of US$ 10.5 million by 2030. A compound annual growth rate of 17.5% is expected of Argentina next-generation sequencing data analysis market from 2024 to 2030.
Revenue, 2023 (US$M)
$3.4
Forecast, 2030 (US$M)
$10.5
CAGR, 2024 - 2030
17.5%
Report Coverage
Argentina

Argentina next-generation sequencing data analysis market, 2018-2030 (US$M)

Argentina

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Argentina next-generation sequencing data analysis market highlights

  • The Argentina next-generation sequencing data analysis market generated a revenue of USD 3.4 million in 2023 and is expected to reach USD 10.5 million by 2030.
  • The Argentina market is expected to grow at a CAGR of 17.5% from 2024 to 2030.
  • In terms of segment, services was the largest revenue generating product in 2023.
  • Services is the most lucrative product segment registering the fastest growth during the forecast period.


Next-generation sequencing data analysis market data book summary

Market revenue in 2023USD 3.4 million
Market revenue in 2030USD 10.5 million
Growth rate17.5% (CAGR from 2023 to 2030)
Largest segmentServices
Fastest growing segmentServices
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationServices, NGS Commercial Software
Key market players worldwideBio-Rad Laboratories Inc, DNAnexus, Qiagen NV, DNAstar, Pacific Biosciences of California Inc, Eurofins Scientific SE, Illumina Inc, PierianDx, Agilent Technologies Inc, Roche Holding AG, Alphabet Inc Class A, Thermo Fisher Scientific Inc, Golden Helix, Scigenom Labs, Genuity Science, Fabric Genomics (formerly Omicia), Congenica, Precigen


Other key industry trends

  • In terms of revenue, Argentina accounted for 0.3% of the global next-generation sequencing data analysis 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 sequencing data analysis 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 52.6 million by 2030.

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Next-generation Sequencing Data Analysis Market Companies

Name Profile # Employees HQ Website

Argentina next-generation sequencing data analysis 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 sequencing data analysis market will help companies and investors design strategic landscapes.


Services was the largest segment with a revenue share of 52.94% in 2023. Horizon Databook has segmented the Argentina next-generation sequencing data analysis market based on services, ngs commercial software covering the revenue growth of each sub-segment from 2018 to 2030.


The NGS data analysis market in Argentina is expected to grow due to the high prevalence of cancer and increasing awareness about genetic testing in the country.

Argentina’s market is also favored by the presence of medical research institutes such as the Instituto de Biología y Medicina Experimental and Maiztegui National Human Viral Disease Institute. In addition, constant developments by market players, such as Thermo Fisher Scientific, Inc. Illumina; and Qiagen, have contributed to the country’s market growth.

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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina next-generation sequencing data analysis market , including forecasts for subscribers. This country databook contains high-level insights into Argentina next-generation sequencing data analysis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Argentina next-generation sequencing data analysis market size, by product, 2018-2030 (US$M)

Argentina Next-generation Sequencing Data Analysis Market Outlook Share, 2023 & 2030 (US$M)

Argentina next-generation sequencing data analysis market size, by product, 2018-2030 (US$M)

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