Latin America Blood Testing Market Size & Outlook, 2025-2030
- Clinical Diagnostics
- In Vitro Diagnostics
- Blood Testing Market Outlook
- In Vitro Diagnostics
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Latin America blood testing market highlights
- The Latin America blood testing market generated a revenue of USD 6,002.2 million in 2024.
- The market is expected to grow at a CAGR of 9.7% from 2025 to 2030.
- In terms of segment, glucose testing was the largest revenue generating test type in 2024.
- Other blood tests is the most lucrative test type segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 6,002.2 million |
| Market revenue in 2030 | USD 10,291.8 million |
| Growth rate | 9.7% (CAGR from 2025 to 2030) |
| Largest segment | Glucose testing |
| Fastest growing segment | Other blood tests |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Glucose testing, A1C testing, Direct LDL testing, Lipid panel testing, Prostate-specific antigen testing, COVID-19 testing, BUN testing, Vitamin D testing, Thyroid-stimulating hormone testing, Serum Nicotine / Cotinine testing, High sensitivity CRP testing, Testosterone testing, ALT testing, Cortisol testing, Creatinine testing, AST testing, Other blood tests |
| Key market players worldwide | Abbott Laboratories, Roche Holding AG ADR, Bio-Rad Laboratories Inc, BioMerieux SA, Quest Diagnostics Inc, Biomerica Inc, Becton Dickinson & Co, Siemens Healthineers AG ADR, Danaher Corp, Trinity Biotech PLC ADR |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.2% of the global blood testing market in 2024.
- 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 36,926.3 million by 2030.
The market is expected to grow at a CAGR of 3.8% during the forecast period, owing to the presence of emerging economies. According to Population Reference Bureau, major non-communicable diseases were responsible for approximately 81% of deaths in 2017, which include cardiovascular diseases, cancer, and chronic respiratory diseases.
Obesity and smoking are the key factors contributing to the increasing prevalence of these diseases in this region. The number of premature deaths due to non-communicable diseases, especially among men, is high. As a consequence, a large number of testing procedures are being performed, thereby fueling the market growth.
Various Latin American countries provide a wide range of testing and diagnosis procedures at costeffective rates in this region. These are major factors expected to drive growth in demand for blood testing devices in the region.
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Publish Date: Nov 07, 2025
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Blood Testing Market Scope
Blood Testing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Roche Holding AG ADR | View profile | 103,605 | Grenzacherstrasse 124, Basel, Switzerland, 4070 | www.roche.com |
| Abbott Laboratories | View profile | 114,000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | www.abbottinvestor.com |
| Becton Dickinson & Co | View profile | 73,000 | 1 Becton Drive, Franklin Lakes, NJ, United States, 07417-1880 | www.bd.com |
| BioMerieux SA | View profile | 13,982 | Marcy l’Etoile, Lyon, France, 69280 | www.biomerieux.com |
| Siemens Healthineers AG ADR | View profile | 71,400 | Siemensstr. 3, Forchheim, BY, Germany, 91301 | www.siemens-healthineers.com |
| Danaher Corp | View profile | 63,000 | 2200 Pennsylvania Avenue, N.W., Suite 800W, Washington, DC, United States, 20037-1701 | www.danaher.com |
| Quest Diagnostics Inc | View profile | 48,000 | 500 Plaza Drive, Secaucus, NJ, United States, 07094 | www.questdiagnostics.com |
| Bio-Rad Laboratories Inc | View profile | 8,030 | 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 | www.bio-rad.com |
| Biomerica Inc | View profile | 62 | 17571 Von Karman Avenue, Irvine, CA, United States, 92614 | www.biomerica.com |
| Trinity Biotech PLC ADR | View profile | 380 | IDA Business Park, Bray, County Wicklow, Dublin, Ireland, A98 H5C8 | www.trinitybiotech.com |
Latin America Blood Testing 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 Blood Testing Market Outlook will help companies and investors design strategic landscapes.
Glucose Testing was the largest segment with a revenue share of 17.46% in 2024.
Horizon Databook has segmented the Latin America blood testing market based on glucose testing, a1c testing, direct ldl testing, lipid panel testing, prostate-specific antigen testing, covid-19 testing, bun testing, vitamin d testing, thyroid-stimulating hormone testing, serum nicotine / cotinine testing, high sensitivity crp testing, testosterone testing, alt testing, cortisol testing, creatinine testing, ast testing, other blood tests covering the revenue growth of each sub-segment from 2018 to 2030.
The market is expected to grow at a CAGR of 3.8% during the forecast period, owing to the presence of emerging economies. According to Population Reference Bureau, major non-communicable diseases were responsible for approximately 81% of deaths in 2017, which include cardiovascular diseases, cancer, and chronic respiratory diseases.
Obesity and smoking are the key factors contributing to the increasing prevalence of these diseases in this region. The number of premature deaths due to non-communicable diseases, especially among men, is high. As a consequence, a large number of testing procedures are being performed, thereby fueling the market growth.
Various Latin American countries provide a wide range of testing and diagnosis procedures at costeffective rates in this region. These are major factors expected to drive growth in demand for blood testing devices in the region.
- Latin America Blood Testing Market Test Type Outlook (Revenue, USD Million , 2018-2030)
- Glucose testing
- A1C testing
- Direct LDL testing
- Lipid panel testing
- Prostate-specific antigen testing
- COVID-19 testing
- BUN testing
- Vitamin D testing
- Thyroid-stimulating hormone testing
- Serum Nicotine / Cotinine testing
- High sensitivity CRP testing
- Testosterone testing
- ALT testing
- Cortisol testing
- Creatinine testing
- AST testing
- Other blood tests
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Blood Testing Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Blood Testing Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Latin America Blood Testing Market, 2018-2030 (US$M)
Latin America blood testing market statistics, by test type, 2018-2030 (US$M)
