Latin America Next-generation Sequencing Data Analysis Market Size & Outlook

The next-generation sequencing data analysis market in Latin America is expected to reach a projected revenue of US$ 104.4 million by 2030. A compound annual growth rate of 19.6% is expected of Latin America next-generation sequencing data analysis market from 2024 to 2030.
Revenue, 2023 (US$M)
$29.7
Forecast, 2030 (US$M)
$104.4
CAGR, 2024 - 2030
19.7%
Report Coverage
Latin America

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

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Latin America next-generation sequencing data analysis market highlights

  • The Latin America next-generation sequencing data analysis market generated a revenue of USD 29.7 million in 2023.
  • The market is expected to grow at a CAGR of 19.6% 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.
  • Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.

Latin America data book summary

Market revenue in 2023USD 29.7 million
Market revenue in 2030USD 104.4 million
Growth rate19.6% (CAGR from 2023 to 2030)
Largest segmentServices
Fastest growing segmentServices
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 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, Latin America region accounted for 2.8% of the global next-generation sequencing data analysis market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • North America is the fastest growing regional market and is projected to reach USD 2,301.7 million by 2030.

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Next-generation Sequencing Data Analysis Market Scope

Next-generation sequencing data analysis market segmentation & scope
Services
Platform OS/UI
Protein Seq Alignment
DNA Seq Alignment
RNA Seq Alignment
QC/Pre-processing Tools
Others
NGS Primary Data Analysis
Variant Alignment & Variant Calling
Read Mapping
Targeted sequencing/Gene Panel
RNA seq
Exome
Whole Genome
ChIp Seq
Other
Variant Annotation
In-house Data Analysis
Outsourced Data Analysis
Academic Research
Clinical Research
Hospitals & Clinics
Pharma & Biotech Entities
Other users
Short Read Sequencing
Long Read Sequencing
Very Long Read Sequencing

Next-generation Sequencing Data Analysis Market Companies

Name Profile # Employees HQ Website

Latin America 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 54.21% in 2023. Horizon Databook has segmented the Latin America next-generation sequencing data analysis market based on services, ngs commercial software covering the revenue growth of each sub-segment from 2018 to 2030.


  • Latin America Next-generation Sequencing Data Analysis Product Outlook (Revenue, USD Million, 2018-2030)
    • Services
    • NGS Commercial Software
      • Platform OS/UI
      • Analytical Software
        • Alignment Tools & Software
          • Protein Seq Alignment
          • DNA Seq Alignment
          • RNA Seq Alignment
        • QC/Pre-processing Tools
        • Others
  • Latin America Next-generation Sequencing Data Analysis Workflow Outlook (Revenue, USD Million, 2018-2030)
    • NGS Primary Data Analysis
    • NGS Secondary Data Analysis
      • Variant Alignment & Variant Calling
      • Read Mapping
    • NGS Tertiary Data Analysis
      • Application Specific Data Analysis
        • Targeted sequencing/Gene Panel
        • RNA seq
        • Exome
        • Whole Genome
        • ChIp Seq
        • Other
      • Variant Annotation
  • Latin America Next-generation Sequencing Data Analysis Mode Outlook (Revenue, USD Million, 2018-2030)
    • In-house Data Analysis
    • Outsourced Data Analysis
  • Latin America Next-generation Sequencing Data Analysis End Use Outlook (Revenue, USD Million, 2018-2030)
    • Academic Research
    • Clinical Research
    • Hospitals & Clinics
    • Pharma & Biotech Entities
    • Other users
  • Latin America Next-generation Sequencing Data Analysis Read Length Outlook (Revenue, USD Million, 2018-2030)
    • Short Read Sequencing
    • Long Read Sequencing
    • Very Long Read Sequencing

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  • Our clientele includes a mix of next-generation sequencing data analysis 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 next-generation sequencing data analysis market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America next-generation sequencing data analysis market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America next-generation sequencing data analysis market size, by country, 2018-2030 (US$M)

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

Latin America next-generation sequencing data analysis market size, by country, 2018-2030 (US$M)

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