Latin America Multi Cancer Early Detection Market Size & Outlook
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Latin America multi cancer early detection market highlights
- The Latin America multi cancer early detection market generated a revenue of USD 56.3 million in 2024.
- The market is expected to grow at a CAGR of 17.6% from 2025 to 2030.
- In terms of segment, gene panel, ldt & others was the largest revenue generating type in 2024.
- Liquid Biopsy is the most lucrative 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 56.3 million |
| Market revenue in 2030 | USD 149.0 million |
| Growth rate | 17.6% (CAGR from 2025 to 2030) |
| Largest segment | Gene panel, ldt & others |
| Fastest growing segment | Liquid Biopsy |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Liquid Biopsy, Gene Panel, LDT & Others |
| Key market players worldwide | Illumina Inc, Exact Sciences Corp, Foundation Medicine, Guardant Health Inc, Burning Rock Biotech Ltd ADR, Freenome, AnchorDx, GeneCast, Elypta |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.0% of the global multi cancer early detection market in 2024.
- Globally, Europe 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 663.9 million by 2030.
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Multi Cancer Early Detection Market Scope
Multi Cancer Early Detection Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Elypta | View profile | 11-50 | Stockholm, Stockholms Lan, Sweden, Europe | https://www.elypta.com/ |
| GeneCast | View profile | 1-10 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | http://genecast.co.kr |
| AnchorDx | View profile | 51-100 | Guangzhou, Guangdong, China, Asia | http://www.anchordx.com/ |
| Burning Rock Biotech Ltd ADR | View profile | 786 | No. 5, Xingdao Ring Road North, International Bio Island, Guangzhou, China, People's Republic of, 510005 | https://www.brbiotech.com |
| Foundation Medicine | View profile | 251-500 | Cambridge, Massachusetts, United States, North America | http://www.foundationmedicine.com |
| Freenome | View profile | 501-1000 | South San Francisco, California, United States, North America | https://www.freenome.com |
| Exact Sciences Corp | View profile | 6600 | 5505 Endeavor Lane, Madison, WI, United States, 53719 | https://www.exactsciences.com |
| Guardant Health Inc | View profile | 1779 | 3100 Hanover Street, Palo Alto, CA, United States, 94304 | https://www.guardanthealth.com |
| Illumina Inc | View profile | 9300 | 5200 Illumina Way, San Diego, CA, United States, 92122 | https://www.illumina.com |
Latin America multi cancer early detection 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 multi cancer early detection market will help companies and investors design strategic landscapes.
Gene panel, ldt & others was the largest segment with a revenue share of 109.06% in 2024. Horizon Databook has segmented the Latin America multi cancer early detection market based on liquid biopsy, gene panel, ldt & others covering the revenue growth of each sub-segment from 2018 to 2030.
The Latin America MCED market has exhibited significant growth in the past few years owing to increased prevalence of various types of cancer in the region. Several surveys by various government and nonprofit organizations revealed that overall cancer mortality in Latin America is almost twice that of high-income countries.
Moreover, according to data published by the European Society for Medical Oncology, there have been approximately 1.5 million new cancer cases and 700,000 deaths reported in Latin America and the Caribbean region annually. These factors are expected to contribute to market growth during the forecast period.
In the past few years, Latin America has witnessed rapid growth in cancer screening techniques, along with other cancer detection methods, owing to increasing funding and implementation of various cancer programs.
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Target buyers of Latin America multi cancer early detection market databook
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Our clientele includes a mix of multi cancer early detection market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America multi cancer early detection market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America multi cancer early detection market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America multi cancer early detection market size, by country, 2018-2030 (US$M)
Latin America Multi Cancer Early Detection Market Outlook Share, 2024 & 2030 (US$M)
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