Market revenue in 2024 | USD 760.2 million |
Market revenue in 2030 | USD 1,350.4 million |
Growth rate | 10.6% (CAGR from 2025 to 2030) |
Largest segment | Assays, kits, and reagents |
Fastest growing segment | Software and Services |
Historical data covered | 2018 - 2023 |
Base year for estimation | 2024 |
Forecast period covered | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Assays, Kits, and Reagents, Instruments and Systems, Software and Services |
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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 companion diagnostics market will help companies and investors design strategic landscapes.
Assays, kits, and reagents was the largest segment with a revenue share of 63.63% in 2024. Horizon Databook has segmented the Latin America companion diagnostics market based on assays, kits, and reagents, instruments and systems, software and services covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America offers lucrative opportunities in the companion diagnostics space, driven by the rapid advancement of precision medicine and various R&D initiatives. Collaborations between pharmaceutical companies, diagnostic firms, and service providers are improving access to cutting-edge testing technologies.
In Brazil, growing genetic testing capabilities and a heightened emphasis on precision medicine are propelling market expansion. These partnerships between global innovators and local healthcare providers continue to reinforce Latin America’s standing as a promising region for companion diagnostics.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America companion diagnostics market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America companion diagnostics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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