Latin America Nucleic Acid Isolation And Purification Market Size & Outlook
Latin America nucleic acid isolation and purification market, 2018-2028 (US$M)
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Latin America nucleic acid isolation and purification market highlights
- The Latin America nucleic acid isolation and purification market generated a revenue of USD 215.7 million in 2020.
- The market is expected to grow at a CAGR of 10% from 2021 to 2028.
- In terms of segment, kits & reagents was the largest revenue generating product in 2020.
- Instruments is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2021 to 2028.
Latin America data book summary
| Market revenue in 2020 | USD 215.7 million |
| Market revenue in 2028 | USD 462.7 million |
| Growth rate | 10% (CAGR from 2020 to 2028) |
| Largest segment | Kits & reagents |
| Fastest growing segment | Instruments |
| Historical data covered | 2018 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Kits & Reagents, Instruments |
| Key market players worldwide | Qiagen NV, Thermo Fisher Scientific Inc, Illumina Inc, Danaher Corp, Roche Holding AG ADR, Merck KGaA, Agilent Technologies Inc, Bio-Rad Laboratories Inc, Takara Bio Inc, Promega |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.2% of the global nucleic acid isolation and purification market in 2020.
- Globally, North America is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,406.1 million by 2028.
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Nucleic Acid Isolation And Purification Market Scope
Nucleic Acid Isolation And Purification Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America nucleic acid isolation and purification 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 isolation and purification market will help companies and investors design strategic landscapes.
Kits & reagents was the largest segment with a revenue share of 76.73% in 2020. Horizon Databook has segmented the Latin America nucleic acid isolation and purification market based on kits & reagents, instruments covering the revenue growth of each sub-segment from 2018 to 2028.
Latin America is gradually increasing its share in the market for nucleic acid isolation & purification, which is attributed to factors such as increasing developments in the field of life sciences and human health. Moreover, the presence of the region in various international conferences being conducted in the field is also expected to drive its developments over the forecast period.
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Target buyers of Latin America nucleic acid isolation and purification market databook
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Our clientele includes a mix of nucleic acid isolation and purification 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 isolation and purification market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America nucleic acid isolation and purification market from 2018 to 2028, including revenue numbers, major trends, and company profiles.
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Latin America nucleic acid isolation and purification market size, by country, 2018-2028 (US$M)
Latin America Nucleic Acid Isolation And Purification Market Outlook Share, 2020 & 2028 (US$M)
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