Latin America Isothermal Nucleic Acid Amplification Technology Market Size & Outlook
The isothermal nucleic acid amplification technology market in Latin America is expected to reach a projected revenue of US$ 412.9 million by 2030. A compound annual growth rate of 10.8% is expected of Latin America isothermal nucleic acid amplification technology market from 2024 to 2030.
- Clinical Diagnostics
- In Vitro Diagnostics
- Isothermal Nucleic Acid Amplification Technology Market Outlook
- In Vitro Diagnostics
Revenue, 2023 (US$M)
$201.1
Forecast, 2030 (US$M)
$412.9
CAGR, 2024 - 2030
10.8%
Report Coverage
Latin America
Latin America Isothermal Nucleic Acid Amplification Technology Market, 2018-2030 (US$M)
Global Market
Related Markets
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Latin America isothermal nucleic acid amplification technology market highlights
- The Latin America isothermal nucleic acid amplification technology market generated a revenue of USD 201.1 million in 2023.
- The market is expected to grow at a CAGR of 10.8% from 2024 to 2030.
- In terms of segment, reagent was the largest revenue generating product in 2023.
- Reagent 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 2023 | USD 201.1 million |
| Market revenue in 2030 | USD 412.9 million |
| Growth rate | 10.8% (CAGR from 2023 to 2030) |
| Largest segment | Reagent |
| Fastest growing segment | Reagent |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Instruments, Reagent |
| Key market players worldwide | Abbott Laboratories, BioMerieux SA, Eiken Chemical Co Ltd, Hologic Inc, LGC Group, Meridian Bioscience, Qiagen NV, QuidelOrtho Corp, Thermo Fisher Scientific Inc, BD, Ustar, OptiGene |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.3% of the global isothermal nucleic acid amplification technology 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 2,564.0 million by 2030.
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Isothermal Nucleic Acid Amplification Technology Market Scope
Isothermal Nucleic Acid Amplification Technology Market segmentation & scope
Isothermal Nucleic Acid Amplification Technology Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Abbott Laboratories | View profile | 114,000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | www.abbottinvestor.com |
| BioMerieux SA | View profile | 13,982 | Marcy l’Etoile, Lyon, France, 69280 | www.biomerieux.com |
| Thermo Fisher Scientific Inc | View profile | 122,000 | 168 Third Avenue, Waltham, MA, United States, 02451 | www.thermofisher.com |
| QuidelOrtho Corp | View profile | 7,100 | 9975 Summers Ridge Road, San Diego, CA, United States, 92121 | www.quidelortho.com |
| Qiagen NV | View profile | 5,900 | Hulsterweg 82, Venlo, LI, Netherlands, 5912 PL | www.qiagen.com |
| Hologic Inc | View profile | 6,990 | 250 Campus Drive, Marlborough, MA, United States, 01752 | www.hologic.com |
| LGC Group | View profile | 1001-5000 | Teddington, Gloucestershire, United Kingdom, Europe | www.lgcgroup.com/ |
| BD | View profile | 10001+ | Franklin Lakes, New Jersey, United States, North America | www.bd.com |
| Meridian Bioscience | View profile | 501-1000 | Cincinnati, Ohio, United States, North America | meridianbioscience.com |
| Eiken Chemical Co Ltd | View profile | 1,106 | 4-19-9 Taito, Taito-ku, Tokyo, Japan, 110-8408 | www.eiken.co.jp |
Latin America Isothermal Nucleic Acid Amplification Technology 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 Isothermal Nucleic Acid Amplification Technology Market Outlook will help companies and investors design strategic landscapes.
Reagent was the largest segment with a revenue share of 60.77% in 2023.
Horizon Databook has segmented the Latin America isothermal nucleic acid amplification technology market based on instruments, reagent covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Isothermal Nucleic Acid Amplification Technology Market Product Outlook (Revenue, USD Million , 2018-2030)
- Instruments
- Reagent
- Latin America Isothermal Nucleic Acid Amplification Technology Market Technology Outlook (Revenue, USD Million , 2018-2030)
- NASBA
- HDA
- LAMP
- SDA
- SPIA
- NEAR
- TMA
- RCA
- RPA
- SMAP2
- Others
- Latin America Isothermal Nucleic Acid Amplification Technology Market Application Outlook (Revenue, USD Million , 2018-2030)
- Blood Screening
- Infectious Disease Diagnostics
- Cancer
- Others
- Latin America Isothermal Nucleic Acid Amplification Technology Market End-use Outlook (Revenue, USD Million , 2018-2030)
- Hospitals
- Central and Reference Labs
- End-use
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Isothermal Nucleic Acid Amplification Technology Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Isothermal Nucleic Acid Amplification Technology Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Latin America Isothermal Nucleic Acid Amplification Technology Market, 2018-2030 (US$M)
Latin America isothermal nucleic acid amplification technology market statistics, by product, 2018-2030 (US$M)
