Latin America Protein Chip Market Size & Outlook, 2023-2030

The protein chip market in Latin America is expected to reach a projected revenue of US$ 262.5 million by 2030. A compound annual growth rate of 7.5% is expected of Latin America protein chip market from 2024 to 2030.
Revenue, 2023 (US$M)
$157.8
Forecast, 2030 (US$M)
$262.5
CAGR, 2024 - 2030
7.5%
Report Coverage
Latin America

Latin America protein chip market highlights

  • The Latin America protein chip market generated a revenue of USD 157.8 million in 2023.
  • The market is expected to grow at a CAGR of 7.5% from 2024 to 2030.
  • In terms of segment, analytical microarrays was the largest revenue generating product in 2023.
  • Analytical Microarrays 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 2024 to 2030.


Latin America data book summary

Market revenue in 2023USD 157.8 million
Market revenue in 2030USD 262.5 million
Growth rate7.5% (CAGR from 2023 to 2030)
Largest segmentAnalytical microarrays
Fastest growing segmentAnalytical Microarrays
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAnalytical Microarrays, Functional Protein Microarrays, Reverse Phase Protein Microarrays
Key market players worldwideAgilent Technologies Inc, PerkinElmer, Bio-Rad Laboratories Inc, Merck KGaA, Thermo Fisher Scientific Inc, Illumina Inc, Shimadzu Corp, Roche Holding AG, Danaher Corp, RayBiotech


Other key industry trends

  • In terms of revenue, Latin America region accounted for 7.5% of the global protein chip 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 472.0 million by 2030.

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Protein Chip Market Companies

Name Profile # Employees HQ Website

Latin America protein chip 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 protein chip market will help companies and investors design strategic landscapes.


Analytical microarrays was the largest segment with a revenue share of 54.94% in 2023. Horizon Databook has segmented the Latin America protein chip market based on analytical microarrays, functional protein microarrays, reverse phase protein microarrays covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Latin America protein chip market databook

  • Our clientele includes a mix of protein chip market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America protein chip market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America protein chip market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America protein chip market size, by country, 2018-2030 (US$M)

Latin America Protein Chip Market Share, 2023 & 2030 (US$M)

Latin America protein chip market size, by country, 2018-2030 (US$M)

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