Latin America Nucleic Acid Amplification Testing Market Size & Outlook
Latin America nucleic acid amplification testing market, 2018-2030 (US$M)
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Latin America nucleic acid amplification testing market highlights
- The Latin America nucleic acid amplification testing market generated a revenue of USD 997.2 million in 2023.
- The market is expected to grow at a CAGR of 11.4% from 2024 to 2030.
- In terms of segment, polymerase chain reaction (pcr) tests was the largest revenue generating testing type in 2023.
- Polymerase Chain Reaction (PCR) tests is the most lucrative testing type segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 997.2 million |
| Market revenue in 2030 | USD 2,125.2 million |
| Growth rate | 11.4% (CAGR from 2023 to 2030) |
| Largest segment | Polymerase chain reaction (pcr) tests |
| Fastest growing segment | Polymerase Chain Reaction (PCR) tests |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Polymerase Chain Reaction (PCR) tests |
| Key market players worldwide | Roche, Becton Dickinson & Co, Danaher Corp, Abbott Laboratories, Illumina Inc, Siemens Healthineers AG ADR, BioMerieux SA, Novartis AG ADR, Bio-Rad Laboratories Inc, Seegene |
Other key industry trends
- In terms of revenue, Latin America region accounted for 11.6% of the global nucleic acid amplification testing 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 3,634.7 million by 2030.
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Nucleic Acid Amplification Testing Market Scope
Nucleic Acid Amplification Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America nucleic acid amplification testing 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 nucleic acid amplification testing market will help companies and investors design strategic landscapes.
Polymerase chain reaction (pcr) tests was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America nucleic acid amplification testing market based on polymerase chain reaction (pcr) tests covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Latin America nucleic acid amplification testing market databook
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Our clientele includes a mix of nucleic acid amplification testing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America nucleic acid amplification testing market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America nucleic acid amplification testing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America nucleic acid amplification testing market
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