Latin America Precision Oncology Market Size & Outlook

The precision oncology market in Latin America is expected to reach a projected revenue of US$ 2,852.0 million by 2030. A compound annual growth rate of 8.2% is expected of Latin America precision oncology market from 2024 to 2030.
Revenue, 2023 (US$M)
$1,643.6
Forecast, 2030 (US$M)
$2,852.0
CAGR, 2024 - 2030
8.2%
Report Coverage
Latin America

Latin America precision oncology market highlights

  • The Latin America precision oncology market generated a revenue of USD 1,643.6 million in 2023.
  • The market is expected to grow at a CAGR of 8.2% from 2024 to 2030.
  • In terms of segment, therapeutics was the largest revenue generating product in 2023.
  • Diagnostics is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.


Latin America data book summary

Market revenue in 2023USD 1,643.6 million
Market revenue in 2030USD 2,852.0 million
Growth rate8.2% (CAGR from 2023 to 2030)
Largest segmentTherapeutics
Fastest growing segmentDiagnostics
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDiagnostics, Therapeutics


Other key industry trends

  • In terms of revenue, Latin America region accounted for 4.4% of the global precision oncology 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 18,209.1 million by 2030.

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Precision Oncology Market Companies

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Latin America precision oncology market size, by country, 2018-2030 (US$M)

Latin America Precision Oncology Market Outlook Share, 2023 & 2030 (US$M)

Latin America precision oncology market size, by country, 2018-2030 (US$M)

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