Latin America Multiplex Assay Market Size & Outlook
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Latin America multiplex assay market highlights
- The Latin America multiplex assay market generated a revenue of USD 80.9 million in 2023.
- The market is expected to grow at a CAGR of 14.9% from 2024 to 2030.
- In terms of segment, consumables was the largest revenue generating product in 2023.
- Consumables is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Argentina is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 80.9 million |
| Market revenue in 2030 | USD 214.5 million |
| Growth rate | 14.9% (CAGR from 2023 to 2030) |
| Largest segment | Consumables |
| Fastest growing segment | Consumables |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Consumables, Instruments, Software |
| Key market players worldwide | Diasorin SpA, Bio-Rad Laboratories Inc, Abcam PLC, Merck KGaA, Qiagen NV, Thermo Fisher Scientific Inc, PerkinElmer, Bio-Techne Corp, Seegene, Assay Genie, Promega |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.8% of the global multiplex assay 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 1,261.3 million by 2030.
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Multiplex Assay Market Scope
Multiplex Assay Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Assay Genie | View profile | 11-50 | Baile Átha Cliath, Dublin, Ireland, Europe | https://www.assaygenie.com |
| Seegene | View profile | 51-100 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | http://www.seegene.com/ |
| Promega | View profile | 5001-10000 | Madison, Wisconsin, United States, North America | http://www.promega.com/es |
| PerkinElmer | View profile | 10001+ | Waltham, Massachusetts, United States, North America | http://www.perkinelmer.com |
| Diasorin SpA | View profile | 3233 | Via Crescentino Snc, Saluggia, Vercelli, Italy, 13040 | https://www.diasoringroup.com |
| Abcam PLC | View profile | 1760 | Discovery Drive, Cambridge Biomedical Campus, Cambridge, United Kingdom, CB2 0AX | https://www.abcam.com |
| Bio-Techne Corp | View profile | 3050 | 614 McKinley Place N.E., Minneapolis, MN, United States, 55413 | https://www.bio-techne.com |
| Qiagen NV | View profile | 5900 | Hulsterweg 82, Venlo, LI, Netherlands, 5912 PL | https://www.qiagen.com |
| Bio-Rad Laboratories Inc | View profile | 8030 | 1000 Alfred Nobel Drive, Hercules, CA, United States, 94547 | https://www.bio-rad.com |
| Thermo Fisher Scientific Inc | View profile | 122000 | 168 Third Avenue, Waltham, MA, United States, 02451 | https://www.thermofisher.com |
| Merck KGaA | View profile | 62345 | Frankfurter Strasse 250, Darmstadt, HE, Germany, 64293 | https://www.emdgroup.com |
Latin America multiplex assay 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 multiplex assay market will help companies and investors design strategic landscapes.
Consumables was the largest segment with a revenue share of 74.66% in 2024. Horizon Databook has segmented the Latin America multiplex assay market based on consumables, instruments, software covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of multiplex assay market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America multiplex assay market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America multiplex assay market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America multiplex assay market size, by country, 2018-2030 (US$M)
Latin America Multiplex Assay Market Outlook Share, 2024 & 2030 (US$M)
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