Latin America Pediatric Allergy Diagnostics Market Size & Outlook

The pediatric allergy diagnostics market in Latin America is expected to reach a projected revenue of US$ 289.8 million by 2030. A compound annual growth rate of 9.6% is expected of Latin America pediatric allergy diagnostics market from 2024 to 2030.
Revenue, 2023 (US$M)
$153.0
Forecast, 2030 (US$M)
$289.8
CAGR, 2024 - 2030
9.6%
Report Coverage
Latin America

Latin America pediatric allergy diagnostics market, 2018-2030 (US$M)

Latin

Latin America pediatric allergy diagnostics market highlights

  • The Latin America pediatric allergy diagnostics market generated a revenue of USD 153.0 million in 2023.
  • The market is expected to grow at a CAGR of 9.6% from 2024 to 2030.
  • In terms of segment, consumables was the largest revenue generating product in 2023.
  • Consumables is the most lucrative product 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 2023USD 153.0 million
Market revenue in 2030USD 289.8 million
Growth rate9.6% (CAGR from 2023 to 2030)
Largest segmentConsumables
Fastest growing segmentConsumables
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationInstruments, Consumables, Services


Other key industry trends

  • In terms of revenue, Latin America region accounted for 6.3% of the global pediatric allergy 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 909.1 million by 2030.

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Latin America pediatric allergy diagnostics market size, by country, 2018-2030 (US$M)

Latin America Pediatric Allergy Diagnostics Market Outlook Share, 2023 & 2030 (US$M)

Latin America pediatric allergy diagnostics market size, by country, 2018-2030 (US$M)

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