Latin America Qpcr Instruments Market Size & Outlook
Latin America qpcr instruments market, 2018-2030 (US$M)
Latin America qpcr instruments market highlights
- The Latin America qpcr instruments market generated a revenue of USD 58.1 million in 2023.
- The market is expected to grow at a CAGR of 8.9% from 2024 to 2030.
- In terms of segment, 7500 was the largest revenue generating test type in 2023.
- 7500 is the most lucrative test type segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 58.1 million |
| Market revenue in 2030 | USD 105.5 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | 7500 |
| Fastest growing segment | 7500 |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 7500 |
| Key market players worldwide | Thermo Fisher Scientific Inc, Roche Holding AG ADR, Bio-Rad Laboratories Inc, Danaher Corp, Qiagen NV, Agilent Technologies Inc, Abbott Laboratories, BioMerieux SA, Azure Biosystems, Bio Molecular Systems |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.7% of the global qpcr instruments 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 389.7 million by 2030.
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QPCR Instruments Market Scope
QPCR Instruments Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America qpcr instruments 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 qpcr instruments market will help companies and investors design strategic landscapes.
7500 was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America qpcr instruments market based on 7500 covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America includes nations such as Mexico, Argentina, and Brazil. Increase in incidence of breast cancer and rapid economic development, especially in Mexico, are major factors expected to propel the regional market over the forecast period.
Although this region has high unmet patient needs, capitalization of market opportunities is difficult, owing to lack of appropriate healthcare infrastructure. However, technological advancements are expected to contribute to market growth.
Increase in government spending, presence of skilled healthcare professionals, rise in focus of multinational companies to capture the untapped markets, and increase in patient awareness about innovative & novel therapies such as gene therapy are expected to drive the market over the forecast period.
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Our clientele includes a mix of qpcr instruments 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 qpcr instruments market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America qpcr instruments market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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