Latin America Sequencing Market Size & Outlook, 2023-2030
Latin America sequencing market, 2018-2030 (US$M)
Related Markets
Latin America sequencing market highlights
- The Latin America sequencing market generated a revenue of USD 783.9 million in 2023.
- The market is expected to grow at a CAGR of 18.9% from 2024 to 2030.
- In terms of segment, consumables was the largest revenue generating product & services in 2023.
- Services is the most lucrative product & services 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 2023 | USD 783.9 million |
| Market revenue in 2030 | USD 2,638.2 million |
| Growth rate | 18.9% (CAGR from 2023 to 2030) |
| Largest segment | Consumables |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Platform, Consumables, Services, Software |
| Key market players worldwide | Illumina Inc, Roche Holding AG ADR, Qiagen NV, Thermo Fisher Scientific Inc, Bio-Rad Laboratories Inc, Oxford Nanopore Technologies PLC, PerkinElmer, Eurofins Scientific SE, Birks Group Inc Class A, DNAstar, Genomatix Software, PierianDx |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.0% of the global sequencing 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 12,482.4 million by 2030.
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Sequencing Market Scope
Sequencing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America sequencing 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 sequencing market will help companies and investors design strategic landscapes.
Consumables was the largest segment with a revenue share of 42.07% in 2023. Horizon Databook has segmented the Latin America sequencing market based on platform, consumables, services, software covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Sequencing Product & Services Outlook (Revenue, USD Million, 2018-2030)
- Platform
- 1st Generation of Sequencing Device
- 2nd Generation of Sequencing Device
- 3rd Generation of Sequencing Device
- Consumables
- Kits
- DNA Library Preparation
- RNA Library Preparation
- Target Enrichment
- Library Quantification
- Purification & Quality Control
- Other Kits
- Reagents
- Sample Preparation
- Library Preparation and Amplification
- Sequencing
- Accessories
- Collection Tubes
- Plates
- Other Accessories
- Kits
- Services
- Software
- Platform
- Latin America Sequencing Application Outlook (Revenue, USD Million, 2018-2030)
- Oncology
- Diagnostics & Screening
- Screening
- Sporadic Cancer
- Inherited Cancer
- Companion Diagnostics
- Other Diagnostics
- Screening
- Research Studies
- Diagnostics & Screening
- Clinical Investigation
- Infectious Diseases
- Idiopathic Diseases
- Inherited Diseases
- Other Diseases
- Reproductive Health
- NIPT
- Aneuploidy
- Microdeletions
- PGT
- Newborn Genetic Screening
- Single Gene Analysis
- NIPT
- HLA Typing/Immune System Monitoring
- Metagenomics, Epidemiology & Drug Development
- Agrigenomics & Forensics
- Consumer Genomics
- Oncology
- Latin America Sequencing Workflow Outlook (Revenue, USD Million, 2018-2030)
- Pre-Sequencing
- Sequencing
- Data Analysis
- Latin America Sequencing End Use Outlook (Revenue, USD Million, 2018-2030)
- Academic Research
- Clinical Research
- Hospitals & Clinics
- Pharma & Biotech Entities
- Other Users
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Target buyers of Latin America sequencing market databook
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Our clientele includes a mix of sequencing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 sequencing market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America sequencing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America sequencing market size, by country, 2018-2030 (US$M)
Latin America Sequencing Market Outlook Share, 2023 & 2030 (US$M)
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