Latin America Omics Lab Services Market Size & Outlook
The omics lab services market in Latin America is expected to reach a projected revenue of US$ 8,963.7 million by 2030. A compound annual growth rate of 11.3% is expected of Latin America omics lab services market from 2024 to 2030.
Revenue, 2023 (US$M)
$4,236.4
Forecast, 2030 (US$M)
$8,963.7
CAGR, 2024 - 2030
11.3%
Report Coverage
Latin America
Latin America omics lab services market, 2018-2030 (US$M)
Related Markets
Latin America omics lab services market highlights
- The Latin America omics lab services market generated a revenue of USD 4,236.4 million in 2023.
- The market is expected to grow at a CAGR of 11.3% from 2024 to 2030.
- In terms of segment, proteomics was the largest revenue generating services in 2023.
- Epigenetics is the most lucrative services segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 4,236.4 million |
| Market revenue in 2030 | USD 8,963.7 million |
| Growth rate | 11.3% (CAGR from 2023 to 2030) |
| Largest segment | Proteomics |
| Fastest growing segment | Epigenetics |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Genomics, Proteomics, Transcriptomics, Metabolomics, Epigenetics |
| Key market players worldwide | Agilent Technologies Inc, Beijing DWIN Technology Co., Qiagen NV, Quest Diagnostics Inc, Thermo Fisher Scientific Inc, Illumina Inc, Q2 Solutions, Spectrus, Flomics, PhenoSwitch Bioscience |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.3% of the global omics lab services 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 47,599.3 million by 2030.
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Omics Lab Services Market Scope
Omics lab services market segmentation & scope
Omics Lab Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America omics lab services 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 omics lab services market will help companies and investors design strategic landscapes.
Proteomics was the largest segment with a revenue share of 38.36% in 2023. Horizon Databook has segmented the Latin America omics lab services market based on genomics, proteomics, transcriptomics, metabolomics, epigenetics covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Omics Lab Services Services Outlook (Revenue, USD Million, 2018-2030)
- Genomics
- Proteomics
- Transcriptomics
- Metabolomics
- Epigenetics
- Latin America Omics Lab Services Product Outlook (Revenue, USD Million, 2018-2030)
- Hardware Equipment (Instrument, Kits, Chips)
- Testing / Lab (Services)
- Analytics / Interpretation (Personalization and Interpretation)
- Latin America Omics Lab Services Business Outlook (Revenue, USD Million, 2018-2030)
- Hospitals
- Research Institutes
- Diagnostic Labs
- Latin America Omics Lab Services Frequency of Service Outlook (Revenue, USD Million, 2018-2030)
- One-off
- Repeat
- Continuous
- Latin America Omics Lab Services End-Use Outlook (Revenue, USD Million, 2018-2030)
- Cancer
- Reproductive
- Other Genetic Diseases
- Forensics
- Population Studies
- Skincare
- Nutrition
- Vitamins and Supplements
- Genealogy
- Other Categories
- Pharmaco
- Prescription
- Non-prescription (OTC)
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Target buyers of Latin America omics lab services market databook
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Our clientele includes a mix of omics lab services 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 omics lab services market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America omics lab services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America omics lab services market outlook size, by country, 2018-2030 (US$M)
Latin America Omics Lab Services Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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