Latin America Paper Diagnostics Market Size & Outlook
Latin America paper diagnostics market, 2018-2030 (US$M)
Latin America paper diagnostics market highlights
- An overview of the Latin America paper diagnostics market trends heading towards 2030. The Latin America market generated a revenue of USD 2,009.2 million in 2023.
- The overall growth of the Latin America market from 2023 to 2030. The market is expected to grow at a CAGR of 6.3% from 2024 to 2030.
- A look at the Latin America market revenues per segment in 2023. In terms of segment, hospitals & clinics was the largest revenue generating end use in 2023.
- The segment witnessing the fastest revenue growth within the market. Hospitals & Clinics is the most lucrative end use segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 2,009.2 million |
| Market revenue in 2030 | USD 3,075.1 million |
| Growth rate | 6.3% (CAGR from 2023 to 2030) |
| Largest segment | Hospitals & clinics |
| Fastest growing segment | Hospitals & Clinics |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hospitals & Clinics |
| Key market players worldwide | Arkray, ACON Laboratories, Abbott Laboratories, Bio-Rad Laboratories Inc, Siemens Healthineers AG ADR, Diagnostics For All, Navigene |
Other key industry trends
- In terms of revenue, Latin America region accounted for 13.4% of the global paper diagnostics 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 4,657.3 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Paper Diagnostics Market Scope
Paper Diagnostics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America paper diagnostics 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 paper diagnostics market will help companies and investors design strategic landscapes.
Hospitals & clinics was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America paper diagnostics market based on hospitals & clinics covering the revenue growth of each sub-segment from 2018 to 2030.
Paper diagnostics in Latin America in the current market scenario is considerably associated with rising preference for home healthcare and diagnostic laboratories. Limited accessibility to current healthcare infrastructure and needs in remote areas are also responsible to boost the demand for the paper diagnostics in this region.
The Latin America market is expected to witness significant growth owing to increasing incidence of infectious diseases and the rising usage rate of technologically advanced systems. For instance, according to Pan American Health Organization (PAHO), in recent years, malaria cases and deaths have increased in Latin America with more significant rate observed in Paraguay, Honduras, and Brazil.
Reasons to subscribe to Latin America paper diagnostics market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Latin America paper diagnostics market databook
-
Our clientele includes a mix of paper diagnostics 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.).
-
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 paper diagnostics market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America paper diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America paper diagnostics market
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
